Putnam Greene Financial Corporation, established in 1998 and overseeing Farmers & Merchants Bank, The Farmers Bank, First Bank of Coastal Georgia, and The Citizens Bank of Cochran, which collectively manage nearly USD 1 billion in assets under separate charters, is now adopting technology from Jack Henry to enhance operational uniformity.

Historically, each bank within the holding company has maintained local governance and community-specific services like construction lending and mortgage products. While this approach has provided localized support, Putnam Greene Financial Corporation aims for a more standardized technological infrastructure that can facilitate growth and simplify administrative procedures across its various institutions.

Seeking Infrastructure Standardization

Representatives from Putnam Greene Financial Corporation indicate that selecting Jack Henry’s core processing platform was driven by the need for scalable technology capable of integrating with a wide array of software solutions. The organization believes this will unify operational environments and create a consistent experience for both its customers and employees across all four banks.

Emphasizing cloud-based design and open architecture, officials mentioned that transitioning to shared systems is expected to minimize workflow complexity and improve coordination among the group’s banking operations.

Jack Henry’s Perspective

Jack Henry representatives highlighted that this update will enable Putnam Greene Financial Corporation to better adapt to Georgia’s evolving banking environment. They believe a modernized platform can support consistent service delivery and offer the flexibility required to meet emerging market needs.