MANITOWOC, Wis., July 1, 2024
/PRNewswire/ -- Bank First (NASDAQ: BFC) proudly announces the
successful implementation of the Empowered Core banking technology
platform developed by UFS, a leading technology outfitter for
community banks. This transition supports Bank First's growth
strategies by offering greater flexibility, speed to market,
Fintech enablement, and enhanced acquisition capabilities.
"This new platform expands our long-term partnership with UFS
and enables our organization to execute our strategic plans with
speed and flexibility, ultimately delivering greater value to our
customers and stockholders," said Mike
Molepske, Bank First CEO.
The build-out of Bank First's new platform, which began seven
months ago, culminated in successfully migrating all data and
technology on June 23, 2024. This
conversion was completed on schedule through the collaborative
efforts of the experienced teams at UFS and Bank First, ensuring a
seamless transition without customer impact. "To achieve our
strategic goals, we decided to expand our partnership with UFS and
implement the Empowered Core platform," said Matt Longmeyer, Vice President – Director of
Technology at Bank First. "This move gives us greater control to
scale and grow while preserving the valued services, support, and
guidance we receive from UFS, who deliver a high degree of IT
efficiency."
"With the addition of Bank First to their Empowered Core
customer base, UFS now has the scale and experience to deliver
solutions for regional banks looking to optimize their technology
platforms," said Eric Jones, UFS
President. "As a bank technology outfitter, this is one example of
how we execute with our growing portfolio of innovative and
adaptive solutions to empower our bank customers. We are grateful
for the confidence Bank First has demonstrated in our outstanding
team to pursue this unique offering, allowing them to continue
thriving and serving their communities."
About Bank First: Bank First, headquartered in
Manitowoc, WI, is a leading
community bank with $4 billion in
assets. Committed to providing exceptional customer service and
innovative banking solutions, Bank First offers a comprehensive
range of financial products and services designed to meet the
diverse needs of its customers. For more information about Bank
First, visit www.bankfirst.com.
About UFS: UFS, the bank technology outfitter for
community banks, provides purpose-built, bank-exclusive technology
services and solutions. Founded in 1991, UFS empowers community
banks to thrive through exceptional industry expertise and
experience, offering a comprehensive portfolio that includes core
banking applications, cybersecurity as a service, managed IT
services, private cloud, vulnerability management, advisory
services, and hardware and infrastructure support
services.
For further information, contact:
Rachel Oakes, Marketing Communications
Manager
Phone: (608) 372-2265 | roakes@bankfirst.com
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SOURCE Bank First Corporation
