Fast-Growing Encore Bank Selects Q2 to Accelerate its Commercial Digital Banking Innovation

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.