Celtic Bank Selects Jack Henry to Support Business Banking and Fintech Tech Stack
Celtic Bank adopts Jack Henry’s cloud-ready core and digital tools to scale nationwide BaaS and small business lending operations.
Rhea-AI Summary
Jack Henry (JKHY) was selected by Celtic Bank on Sept. 8, 2026 to provide a modern core processing platform and multiple digital solutions supporting the bank’s growth strategy.
Celtic Bank, a Salt Lake City small business lender with $5 billion in assets and nationwide SBA and banking-as-a-service (BaaS) operations, will use Jack Henry’s core, Banno Business for small business and commercial digital banking, and Enterprise Workflow to automate approvals and operational processes. Jack Henry’s open ecosystem gives Celtic Bank access to more than 1,000 third-party technology integrations, and its public cloud, decoupled architecture is expected by the bank to support scalable fintech integrations, improved user experience, and a flexible path to modernization.
Positive
- Celtic Bank, a $5 billion-asset lender, selects Jack Henry’s core platform
- Deal includes Banno Business and Enterprise Workflow across business banking operations
- Open ecosystem offers access to more than 1,000 third-party technology integrations
Negative
- None.
Key Figures
- Bank assets
- $5 billion
- Celtic Bank
- Third-party integrations
- More than 1,000 integrations
- Jack Henry open ecosystem
Historical Context
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Prevail Bank selected Jack Henry's platform and integrated solutions for growth and efficiency.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
banking-as-a-service technical
core processing technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
- Jack Henry will accelerate the bank's fintech integration capabilities and help the bank scale for growth.
- This leading small business lender will be able to improve the loan financing experience for customers nationwide.
- Celtic Bank will utilize Jack Henry core processing along with numerous other tech solutions.
The bank selected Jack Henry's modern core processing platform, along with a suite of technology solutions. Banno Business™ will provide a modern digital banking experience for small business and commercial clients, while Enterprise Workflow will automate operational workflows and approvals, improving efficiency across the organization. Additionally, Jack Henry's open ecosystem offers the flexibility to choose from more than 1,000 third-party technology integrations.
"We were looking for more than core technology; we wanted a long-term technology strategy," said Jake Barney, Chief Financial Officer at Celtic Bank. "As our business continues to grow, we needed a technology provider that could deliver modern customer experiences, improve operational efficiency, and enable a variety of open integrations for our BaaS business. We found all these qualities in Jack Henry."
Jack Henry's strategy of delivering modern service components in the public cloud was also a key factor in Celtic Bank's decision. "We believe the core should enable innovation, not define it," Barney added. "Jack Henry's decoupled approach gives us the flexibility to choose the solutions that best fit our business, while providing a realistic path to modernization and the public cloud. It gives us the freedom to evolve our technology on our own terms as our business continues to grow."
"Celtic Bank has built an impressive business by taking a differentiated approach to business banking," said Jonathan Baltzell, President of Bank Solutions at Jack Henry. "Their strategy requires technology that's flexible enough to adapt to a diverse set of business lines while continuing to evolve with changing customer expectations. We're proud to help bring that vision to life."
About Jack Henry & Associates, Inc.
®
Jack Henry® (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. We are an S&P 500 company that prioritizes openness, collaboration, and user centricity – offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. For 50 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. We empower more than 7,200 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at www.jackhenry.com.
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SOURCE Jack Henry & Associates, Inc.
FAQ
What specific Jack Henry products will Celtic Bank implement?
Celtic Bank will implement Jack Henry’s modern core processing platform, the Banno Business digital banking solution for small business and commercial clients, and Enterprise Workflow to automate operational workflows and approvals across the organization.
How does Jack Henry’s technology align with Celtic Bank’s BaaS and fintech strategy?
Celtic Bank said it wanted a long-term technology strategy that enables modern customer experiences, better operational efficiency, and open integrations for its banking-as-a-service (BaaS) business. Jack Henry’s decoupled core, delivered with modern service components in the public cloud, plus an open ecosystem with more than 1,000 fintech integrations, is expected by the bank to provide flexibility to evolve its tech stack as its business grows.
What is Celtic Bank’s business focus as described in the announcement?
Celtic Bank is described as a technology-enabled bank that helps businesses in all 50 states grow through financing and banking-as-a-service (BaaS) capabilities. With $5 billion in assets, it is consistently ranked among the nation’s leading SBA lenders.