Springfield, MO. Apri 3, 2025– Arlo Bank, a newly-formed, locally owned bank headquartered in Springfield, Missouri, is excited to announce they have selected Smiley Technologies, Inc. as its core and digital banking provider. This new partnership is set to enhance Arlo Bank’s operational efficiency and deliver superior digital banking experiences to its growing customer base.

Led by a group of local investors in Springfield, Arlo Bank acquired Systematic Savings Bank in October 2024. The deal was part of an over $40 million capital raise. The bank has plans to expand its assets to a billion dollars over the next seven to ten years.

Mark Bybee, President and CEO of Arlo Bank, stated, “In our search for a core provider, we were looking for a partner who could not only support our ambitious growth plans but also align with our mission of delivering exceptional service to our customers. Smiley Technologies stood out with their innovative, digital solutions and commitment to customer service.”

Smiley Technologies, based in Little Rock, Arkansas, has been a trusted provider of core and digital banking solutions since its founding in 2002. The company is known for its exceptional customer service and innovative banking platforms, making it a preferred partner for community banks across the region.

“We are thrilled to partner with Arlo Bank and help them achieve their long-term growth plans, "said Elizabeth Glasbrenner, President & CEO of Smiley Technologies. “The teams at Arlo and Smiley both clicked from Day 1 on how a true bank-core relationship should be, and the Smiley team can’t wait to get started on this partnership.”

Arlo Bank acquired a 9,000 square foot building in south Springfield to serve as its planned headquarters. The space can add as much as 30,000 square feet, giving it plenty of room to grow. The new, planned headquarters, which will undergo significant renovations and expansion, will serve as the sole branch of the bank, allowing for streamlined operations and a focused growth strategy.  

About Arlo Bank: Arlo Bank is a community-focused bank headquartered in Springfield, Missouri. Formed in January 2023 by a group of investors led by CEO Mark Bybee, Arlo Bank acquired Systematic Savings Bank in October 2024 with a commitment to personalized banking services and significant growth plans, Arlo Bank aims to become a leading financial institution in the region. For more information, visit arlo.bank.

About Smiley Technologies, Inc.: Founded in 2002 and based in Little Rock, Arkansas, Smiley Technologies, Inc. provides core and digital banking solutions to community banks. Smiley Technologies is dedicated to delivering secure, innovative banking software and exceptional customer service, fostering strategic partnerships that drive value and growth. For more information, visit sibanking.com.

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