Woodforest Bank’s $9 B Asset, 740-Branch Signing Marks Jack Henry’s Largest Core Deal
JKHY•Woodforest National Bank, a $9 billion-asset institution with 740 branches, has signed Jack Henry for its largest new core platform deal by account count. In the past three fiscal years 44 banks with over $1 billion in assets, representing $94 billion, have migrated to Jack Henry’s systems.
1. Core Platform Deal Details
Woodforest National Bank, managing over $9 billion in assets across 740 branches, has selected Jack Henry for a fully integrated core banking platform, representing the largest new core signing by account count in Jack Henry’s history.
2. Migration Momentum Statistics
Over the past three fiscal years, 44 financial institutions each holding more than $1 billion in assets—totaling approximately $94 billion—have transitioned their core systems to Jack Henry, up from 15 institutions and $26 billion during the prior two-year period.
3. Woodforest National Bank Profile
Founded in 1980 and headquartered in The Woodlands, Texas, Woodforest operates in 17 states with in-store branches at major grocery locations, serving retail and commercial customers with relationship-driven banking and a CRA Outstanding rating.
4. Strategic Technology Benefits
Woodforest chose Jack Henry for its open architecture, cloud-native services and integrated digital banking and treasury management tools, aiming to reduce custom infrastructure reliance and build a scalable technology foundation for future growth.
