Quick-Rising Encore Financial institution Selects Q2 to Speed up its Business Digital Banking Innovation

AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a number one supplier of digital transformation options for banking and lending, at present introduced that Encore Financial institution, one of many nation’s fastest-growing banks, has chosen Q2 as its strategic digital associate.

Encore Financial institution – a commercially centered boutique financial institution with $3.4 billion in belongings that serves prospects in 20 markets throughout eight states – will deploy the Q2 digital banking platform, together with a number of Q2 Catalyst industrial options. Leveraging the Q2 digital banking platform’s intensive integration capabilities, Encore Financial institution will have the ability to develop its industrial lending, deposit and non-interest earnings enterprise by means of a seamless digital expertise that connects to its back-office processing programs.

“Expertise has modified the sport in banking, nevertheless it’s not sufficient to be a differentiator; it additionally must drive and deepen relationships,” stated Encore Financial institution President, Chief Technique & Progress Officer Burt Hicks. “We regarded for a digital associate that was the very best of the very best with unmatched capabilities and competency. Q2 brings immense worth and innovation to the desk. Their group instantly aligned with our imaginative and prescient on the government degree, and we sit up for a long-term partnership.”

Encore Financial institution will leverage most of the digital options which might be a part of Q2 Catalyst, Q2’s suite of best-in-class industrial banking options, to ship a modernized person expertise to its prospects. These options embrace Q2’s industry-leading digital banking platform that serves shoppers, small companies and industrial prospects, Q2’s onboarding options for shoppers and companies and Q2’s best-in-class treasury administration options, together with Q2 Treasury Onboarding™, Q2 Business Gross sales Enablement, Q2 ClickSWITCH, Centrix and Q2 Market.

“Q2 Catalyst resonated with our group as a result of it allowed us to resolve particular challenges for our industrial prospects, together with the flexibility to onboard effectively and the autonomy to handle day-to-day operations with ease,” stated Nikki Pfleger, director of enterprise banking options, Encore Financial institution. “We need to ship a seamless digital expertise and best-in-market treasury expertise, all whereas offering capital to small and mid-sized companies.”

Recognized for its concierge strategy to banking, revolutionary expertise and skilled bankers, Encore Financial institution affords a novel expertise for its staff, companions and shoppers. Every Encore Financial institution location employs native individuals with native pursuits and a deep understanding of what makes every neighborhood nice. They’re dedicated to serving shoppers and the communities by forming deep partnerships with its prospects, native nonprofits and philanthropic and neighborhood organizations.

Dallas Wells, senior vice chairman of Product Administration, Q2 stated, “Q2 is proud to associate with Encore Financial institution and work in lockstep with its revolutionary group to ship options for each side of the industrial life cycle. Encore Financial institution is really constructing one thing distinctive, and we’re excited to associate with Encore Financial institution to assist empower its development trajectory and speed up its digital roadmap.”

For extra details about Q2’s best-in-class industrial banking suite, go to Q2 Catalyst.

Click on right here to study extra in regards to the Q2 and Encore Financial institution partnership.

About Encore Financial institution

Headquartered in Little Rock, Arkansas, the Encore journey started in 2019 when three skilled Arkansas financial institution professionals moved to The Capital Financial institution, a small Little Rock financial institution established in 1997. With simply seven staff, $160 million in complete belongings and a imaginative and prescient to construct a unique form of financial institution, founders Chris Roberts, Phillip Jett and Burt Hicks rebranded that small financial institution to Encore Financial institution, and inside three years, turned it into the quickest organically rising financial institution within the nation. At this time, Encore Financial institution has greater than 300 staff, $3.4 billion in complete belongings (as of Jan. 15, 2022) and is working in 20 markets throughout eight states. Encore Financial institution is a privately held, boutique financial institution with a industrial focus that {couples} extremely skilled and proficient bankers with revolutionary expertise to supply unprecedented ranges of service to its shoppers by means of a hospitality-inspired concierge strategy. Encore Financial institution supplies a full suite of monetary services and products to companies, enterprise homeowners, professionals, their households and contacts with objective, ardour and precision. Further details about Encore Financial institution may be discovered at www.bankencore.com.

About Q2 Holdings, Inc.

Q2 is a monetary expertise firm devoted to offering digital banking and lending options to banks, credit score unions, various finance, and fintech firms within the U.S. and internationally. With complete end-to-end answer units, Q2 permits its companions to supply cohesive, safe, data-driven experiences to each account holder – from shopper to small enterprise and company. Headquartered in Austin, Texas, Q2 has workplaces all through the world and is publicly traded on the NYSE underneath the inventory image QTWO. To study extra, please go to Q2.com.

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