Jack Henry announced that Latino Community Credit Union (LCCU) selected Jack Henry to provide the technology infrastructure it needs to support a growing member base. Durham, North Carolina-based LCCU is a community development financial institution (CDFI) established in 2000 to provide access to economic opportunity to Latino and other immigrants traditionally locked out of the financial mainstream. Since then, it has become a national model for financial inclusion.

For more than two decades, LCCU focused on its mission to provide its members with ethical financial products and education; the credit union relied on a larger credit union for its technology infrastructure. LCCU is one of the fastest growing credit unions in the country, with members in all 50 states and over $1 billion in assets. This growth, and the need for a wider range of sophisticated and robust products and services for its membership, led to the credit union's decision to work with Jack Henry and leverage its Symitar platform.

Working with Jack Henry will allow the credit union greater flexibility and configurability to provide a wider range of financial products and services that are fully bilingual (Spanish and English), personalized, and culturally tailored, including microbusiness loans and commercial accounts. The platform will enable the credit union to stabilize and grow with the option to add additional fintech integrations on their own timeframe. With Jack Henry, LCCU can deliver relevant personal financial support to its 135,000 members while continuing its rapid growth trajectory of 15% annually.

LCCU will also migrate its network infrastructure to Jack Henry's cloud environment, enhancing business continuity and disaster recovery efforts, as well as cybersecurity measures. It's another way the credit union can improve service while keeping their valuable resources focused on their community.