Fast-Growing Encore Bank Selects Q2 to Accelerate its Commercial Digital Banking Innovation
02 Februar 2023 - 4:00PM
Business Wire
Q2 Catalyst’s suite of digital solutions to
help Encore Bank meet the needs of its commercial clients
Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital
transformation solutions for banking and lending, today announced
that Encore Bank, one of the nation’s fastest-growing banks, has
selected Q2 as its strategic digital partner.
Encore Bank – a commercially focused boutique bank with $3.4
billion in assets that serves customers in 20 markets across eight
states – will deploy the Q2 digital banking platform, along with
several Q2 Catalyst commercial solutions. Leveraging the Q2 digital
banking platform’s extensive integration capabilities, Encore Bank
will be able to grow its commercial lending, deposit and
non-interest income business through a seamless digital experience
that connects to its back-office processing systems.
“Technology has changed the game in banking, but it’s no longer
enough to be a differentiator; it also needs to drive and deepen
relationships,” said Encore Bank President, Chief Strategy &
Growth Officer Burt Hicks. “We looked for a digital partner that
was the best of the best with unmatched capabilities and
competency. Q2 brings immense value and innovation to the table.
Their team immediately aligned with our vision at the executive
level, and we look forward to a long-term partnership.”
Encore Bank will leverage many of the digital solutions that are
part of Q2 Catalyst, Q2’s suite of best-in-class commercial banking
solutions, to deliver a modernized user experience to its
customers. These solutions include Q2's industry-leading digital
banking platform that serves consumers, small businesses and
commercial customers, Q2's onboarding solutions for consumers and
businesses and Q2's best-in-class treasury management solutions,
along with Q2 Treasury Onboarding™, Q2 Commercial Sales Enablement,
Q2 ClickSWITCH, Centrix and Q2 Marketplace.
“Q2 Catalyst resonated with our team because it allowed us to
solve specific challenges for our commercial customers, including
the ability to onboard efficiently and the autonomy to manage
day-to-day operations with ease,” said Nikki Pfleger, director of
business banking solutions, Encore Bank. “We want to deliver a
seamless digital experience and best-in-market treasury technology,
all while providing capital to small and mid-sized businesses.”
Known for its concierge approach to banking, innovative
technology and experienced bankers, Encore Bank offers a unique
experience for its employees, partners and clients. Each Encore
Bank location employs local people with local interests and a deep
understanding of what makes each community great. They are
committed to serving clients and the communities by forming deep
partnerships with its customers, local nonprofits and philanthropic
and community organizations.
Dallas Wells, senior vice president of Product Management, Q2
said, “Q2 is proud to partner with Encore Bank and work in lockstep
with its innovative team to deliver solutions for every aspect of
the commercial life cycle. Encore Bank is truly building something
unique, and we are excited to partner with Encore Bank to help
empower its growth trajectory and accelerate its digital
roadmap.”
For more information about Q2’s best-in-class commercial banking
suite, go to Q2 Catalyst.
Click here to learn more about the Q2 and Encore Bank
partnership.
About Encore Bank
Headquartered in Little Rock, Arkansas, the Encore journey began
in 2019 when three experienced Arkansas bank professionals moved to
The Capital Bank, a small Little Rock bank established in 1997.
With just seven employees, $160 million in total assets and a
vision to build a different kind of bank, founders Chris Roberts,
Phillip Jett and Burt Hicks rebranded that small bank to Encore
Bank, and within three years, turned it into the fastest
organically growing bank in the country. Today, Encore Bank has
more than 300 employees, $3.4 billion in total assets (as of Jan.
15, 2022) and is operating in 20 markets across eight states.
Encore Bank is a privately held, boutique bank with a commercial
focus that couples highly experienced and talented bankers with
innovative technology to offer unprecedented levels of service to
its clients through a hospitality-inspired concierge approach.
Encore Bank provides a full suite of financial products and
services to businesses, business owners, professionals, their
families and contacts with purpose, passion and precision.
Additional information about Encore Bank can be found at
www.bankencore.com.
About Q2 Holdings, Inc.
Q2 is a financial experience company dedicated to providing
digital banking and lending solutions to banks, credit unions,
alternative finance, and fintech companies in the U.S. and
internationally. With comprehensive end-to-end solution sets, Q2
enables its partners to provide cohesive, secure, data-driven
experiences to every account holder – from consumer to small
business and corporate. Headquartered in Austin, Texas, Q2 has
offices throughout the world and is publicly traded on the NYSE
under the stock symbol QTWO. To learn more, please visit
Q2.com.
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Carly Baker Q2 Holdings, Inc. +1 210-391-1706
Carly.baker@q2.com
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