Industry leaders honor Nymbus for empowering financial institutions through advanced, scalable core modernization
JACKSONVILLE, Fla., Oct. 16, 2025 /PRNewswire/ — Nymbus, a modern core banking platform for U.S. banks and credit unions, has been named a finalist for four major industry awards recognizing excellence in banking technology innovation and core processing solutions:
- US FinTech Awards – Banking Tech of the Year
- Banking Tech Awards – Best Core Banking Tech Overhaul
- Banking Tech Awards – Best Challenger Core Banking System
- Credit Union Times’ Luminaries Awards – Product Innovation, Core Processing/Conversion
The nominations reflect Nymbus’ proven track record of enabling comprehensive digital transformation for community financial institutions through strategic partnerships and innovative technology.
Three of the four nominations, including the US FinTech Award and both of the Banking Tech Awards, recognize Nymbus’ groundbreaking work with PeoplesBank, which in June became the largest U.S. community bank to fully adopt a modern, cloud-native core banking platform. The conversion of the 135-year-old institution marked a defining moment for community banking, proving that mid-sized institutions can successfully execute enterprise-grade technology transformations.
The Credit Union Times’ Luminaries Award recognizes Nymbus’ partnership with Michigan State University Federal Credit Union (MSUFCU) on Pillur, a digital-first credit union purpose-built to serve small and medium-sized businesses. The initiative represented a strategic breakthrough in core modernization. Rather than a traditional consolidation, Nymbus enabled MSUFCU to segment SMB customers from two newly acquired community banks – Algonquin State Bank and McHenry State Bank – onto Pillur’s tailored platform designed specifically for business banking needs.
“These recognitions validate the momentum we’ve built and the results we’re delivering for our partners,” said Jeffery Kendall, Chairman and CEO of Nymbus. “Community banks and credit unions deserve enterprise-grade technology that empowers them to compete without compromise. These transformations prove that a new generation of modern core banking is now accessible for banks and credit unions ready to embrace the future of banking.”
The Nymbus Banking Platform addresses a fundamental challenge facing community financial institutions: the impossible choice between outdated technology that limits growth, or complex, high-risk core conversions. Through its cloud-native architecture, real-time processing capabilities, and partnership-driven approach, Nymbus provides modern banking infrastructure specifically designed for community institution success.
Credit Union Times’ Luminaries Award winners will be revealed November 6, 2025. Winners for the US FinTech Awards will be announced November 13, 2025. The Banking Tech Awards will be announced December 3, 2025.
To learn more about Nymbus Core, go to nymbus.com/solutions/core/.
About Nymbus
Nymbus delivers a cloud-based, highly extensible, full-stack banking platform, empowering community banks and credit unions to accelerate their growth and market positioning. Founded in 2015, Nymbus modernizes legacy core systems that support both brick-and-mortar operations and digital-first institutions, and facilitates the launch of vertical banking strategies or subsidiary brands with a sidecar Core alternative.
The Nymbus Banking Platform solution delivers the technology, people, and processes to scale as your financial institution grows. For more information, visit nymbus.com.
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