Jack Henry & Associates, Inc. announced that greenpenny has selected Jack Henry to empower its mission of facilitating the green energy transition in the Midwest. Greenpenny is a virtual bank focused on sustainable energy lending and powered by Decorah Bank & Trust Co., an employee and family-owned bank located in Decorah, Iowa, with a long history of financing renewable energy projects. Launched in 2021, greenpenny offers consumers and businesses a full suite of banking products and dedicates its deposits to financing renewable energy and/or carbon-reducing projects.

In only two years, the bank financed approximately 1,100 solar projects offsetting just under 33,000 tons of CO2 annually. Greenpenny chose Jack Henry to increase automation and boost efficiencies, enabling employees to spend more time with customers, delivering a high-touch, personalized experience using digital channels. With Jack Henry, the bank will gain access to an open and comprehensive technology suite, including core processing, real-time payments, bill payment capabilities, fraud detection and more, which will help power growth beyond its current footprint.