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Bowie, TX—Legend Bank, a community bank with a strategic focus in sponsor banking and value-aligned financial solutions, announces a partnership with Fufild, an app-based marketplace designed to help employers tackle challenges in recruiting, retention, and company culture. Fufild gives employees the freedom to choose subscriptions and services that they love and can use every day – which means helping them stay happy, healthy, refreshed, and motivated.
This collaboration will leverage Legend Bank’s modern technology platform to support Fufild with embedded payment orchestration and ledgering capabilities. By integrating with a cloud-based, API-forward platform, Fufild is positioned for future success and scalability.
Jared Robinson, SVP, Director of Fintech remarked “At Legend Bank, we believe in driving innovation and supporting businesses in the next era of financial services, and we couldn’t ask for a better partner than Fufild. Their visionary leadership, Care-First mindset, and core values are directly aligned with ours, and their product is top-notch and truly a greenfield market. Being able to serve companies that will impact lives for the better is what drives us forward, and that is exactly what Fufild has built.”
“Partnering with Legend Bank was a key decision for us in preparing for our future growth” remarked Joel Legg, CTO of Fufild. “One of the things we appreciate about Legend Bank is they are a values-driven community bank that is also leveraging modern technology. This, combined with their constant service is what excites us about building upon their infrastructure to support our growing needs.”
About Legend Bank, N.A.:
Legend Bank, N.A. has 13 locations throughout North Texas with total assets of over $1.1 billion. Legend Bank serves the people and businesses in and around Bowie, Alvord, Decatur, Henrietta, Wichita Falls, Nocona, Whitesboro, Sherman, Bonham, Cooper, Whitewright, Fort Worth and North Richland Hills and is one of the largest cattle lenders in North Texas. Legend Bank has proudly served its communities for 134 years and remains focused on their mission to enrich the lives of their stakeholders by providing Legendary financial services and resources. Additionally, Legend Bank brings its community-first mindset into modern financial services with their robust infrastructure, supporting fintechs, software companies, and more. Find out more at www.integratelegend.bank.
About Fufild, Inc.:
Fufild is revolutionizing employee retention and engagement through its PersonalFulfillment-as-a-Service™(PFaaS) platform. Rooted in a Care-First philosophy, Fufild helps employers attract and retain top talent by empowering employees with the ability to choose from curated subscriptions and services that enhance their well-being (whole life), enjoyment, convenience, and personal growth. By prioritizing employee fulfillment beyond the paycheck, Fufild fosters stronger workplace cultures, improves retention, employee engagement, and transforms the employer-employee relationship. More information about Fufild is available at www.fufild.com.
Providing the banking infrastructure behind their parent accounts and youth debit card program.
Building Financial Confidence Together
Strategic partnership supports Modak’s mission to build the next generation of financially confident kids and teens.
August 14, 2025: MENLO PARK, Calif. & BOWIE, Texas–(BUSINESS WIRE)–Modak, the financial app designed to help families raise financially smart kids and teens, today announced a new partnership with Legend Bank, N.A., a Texas-based community bank. As of June 2025, Legend Bank officially serves as Modak’s regulated sponsor bank, providing the banking infrastructure behind Modak’s parent accounts and youth debit card program.
This partnership marks a major milestone in Modak’s growth and long-term stability, reinforcing its commitment to delivering secure, reliable financial tools to the families it serves nationwide.
“Trust is everything when you’re building financial tools for the next generation,” said Madhu Yalamarthi, CEO and Co-Founder of Modak. “That’s why we chose to work directly with a sponsor bank that shares our standards for transparency, security, and real-time accuracy. With Legend Bank, we’re able to reconcile every user ledger daily — a level of operational clarity that puts our families first.”
“Partnering with Legend Bank is a key step forward in our mission to help young people build strong financial foundations,” added Julie Valencia, Head of Operations and Compliance at Modak. “Legend Bank’s trusted community banking model and commitment to compliance align perfectly with our vision of modern, responsible youth banking.”
Modak’s technical integration with Legend Bank enables a tightly coupled ledgering system, where user balances are updated and reconciled in real-time, every day. This architecture ensures funds are transparently accounted for at all times — delivering the operational rigor needed to build and maintain trust with families.
“We’re proud to partner with Modak and support their mission by providing the bank-level stability needed to scale their impact,” said Jared Robinson, Senior Vice President, Director of Fintech at Legend Bank. “Their product and team are excellent; they are a natural alignment with our strategic focus.”
“Modak’s mission is to help the next generation learn how to manage money with confidence as well as elevating families and communities across the country,” added Santana Gilreath, Senior Vice President, Sr. Risk Management, Compliance & CRA Officer. “As a community bank who wants to enrich our communities, we couldn’t ask for a more mission-aligned partner.”
Modak completed its migration to Legend Bank and has since relaunched key features for families, including its popular allowances tool, automatic transfers, and in-app savings goals.
Modak is a financial platform designed to help families raise financially smart, independent kids and teens. With tools like automated allowances, spend tracking, savings goals, and real-time parent oversight, Modak empowers youth to build financial confidence from a young age — all through a safe, family-focused banking experience. Modak is founded by Madhu Yalamarthi (Stanford MBA and MS; Arjay Miller Scholar) and supported with $19 Million USD in funding from Notable Capital, Nazca, Monashees, and 25 other leading VCs and angel investors. Learn more at www.modakmakers.com.
Legend Bank, N.A. is a Texas-based community bank with 14 locations throughout North Texas and total assets of over $1.1 billion. Legend Bank has proudly served its communities as a trusted bank for over 134 years and remains focused on their mission to enrich the lives of their stakeholders by providing Legendary financial services and resources. Additionally, Legend Bank brings its community-first mindset into modern financial services with their robust infrastructure, supporting fintechs, software companies, and more with their embedded banking solutions. Find out more at www.integratelegend.bank.
Bowie, TX—Legend Bank, a community bank serving North Texans for over 134 years, is pleased to announce their partnership with Infinant, a banking platform provider focused on the community and regional bank market for their newly launched Fintech Partner Banking division.
Legend Bank is advancing a growth strategy that includes expanding from a geographic to digital footprint while diversifying their deposit gathering through new distribution channels associated with their embedded finance initiatives.
In 2023, the bank officially began its journey to craft an impactful embedded finance strategy to drive scalable innovation at the bank. The bank selected Infinant’s Interlace platform to power their embedded finance programs after evaluating various fintech partner banking and modern core providers.
While many banks have relied on monolithic core systems through slow and complex integrations or outsourced their ledger to fintech partner banking providers, Infinant flips the model, giving banks the ability to control their programs and maintain existing regulatory and compliance controls. This unites banks, fintech and regulators in a new wave of program management to start or scale their embedded finance business models.
“Infinant’s deep experience in banking technology and their advanced platform tailored to bankers were key factors in our decision to select them as our partner,” said John Michael Davis, who leads Fintech Partnerships. Additionally, according to Chris Hurcomb, Fintech Operations Manager, “The Interlace platform is flexible and adaptive to a wide variety of business models, yet also minimizes the technical burden upon us as a bank.”
Another key reason that Legend Bank chose Infinant was due to its truly direct model which it focused on from the beginning. “Complete ownership and visibility of program management is fundamental to how we see fintech partner banking being performed well,” remarked Kristy Johnson, AVP, Fintech Compliance Lead. Further expanding upon that, Santana Gilreath, SVP, Sr. Risk Management, Compliance & CRA Officer stated: “By allowing the bank to fully perform and provide oversight of regulatory and compliance controls, it sets both the bank and our fintech partners up for long-term success. It was a perfect fit for our culture and strategy.”
Legend Bank joins the growing list of community and regional banks that have leap-frogged over the first wave of fintech partner banking providers. The Interlace platform allows banks to pivot away from outsourcing bank controls to fintech partner banking providers and bringing them under bank control. Riaz Syed, CEO and Founder of Infinant noted, “Being able to partner with Legend Bank provides a tremendous opportunity for Infinant to collaborate with those leading the industry and to advance our platform.”
About Legend Bank
Legend Bank N.A. has 13 locations throughout North Texas with total assets of over $1 billion. Legend Bank serves the people and businesses in and around Bowie, Alvord, Decatur, Henrietta, Wichita Falls, Nocona, Whitesboro, Sherman, Bonham, Cooper, Whitewright, Fort Worth and North Richland Hills and is one of the largest cattle lenders in North Texas. Legend Bank has proudly served its communities for 134 years and remains focused on their mission to enrich the lives of their stakeholder by providing Legendary financial services and resources.
About Infinant
Charlotte, N.C.-based Infinant provides the growth platform for financial institutions to power their digital and embedded banking channels without core replacement. Infinant differentiates by giving banks the ability to launch multiple channels, with accounts, payments and card, on a single platform under bank-control to satisfy regulators. Infinant creates new value propositions for financial institutions to act and advance their market. To learn more about staying above-the-core, visit www.infinant.com.
For Immediate Release Contact Information
Randi Mitchell
[email protected]
(817) 490-6720
Legend Bank Announces Update on New Full-Service Bonham Branch Construction
Bonham, TX—Legend Bank is proud to announce an update on their new, full-service branch construction in downtown Bonham at 502 North Center Street. The bank location was originally built over 60 years ago when it opened as Bonham State Bank’s new office in 1960. Legend Bank’s branch manager, Carolyn Stroud, has been serving customers from this location for 43 years.
Legend Bank has announced their plans to re-build their downtown branch to preserve their history and connection to downtown Bonham. They have been working closely with their architects to ensure the new bank location maintains the heritage of downtown Bonham and preserves the important history of the courthouse and downtown square area.
Plans for the new Legend Bank branch are near-final and over the next 90 days they will be preparing to move from their current downtown branch to their temporary location at 2228 North Center Street in Bonham, next to the Legend Bank Convenience Center, at 2232 N. Center Street. Customers will be served by the same friendly bankers at the temporary location and at the Bonham Convenience Center while the new branch is under construction.
“I am proud to have served Bonham customers from this location for so many years. Our customers are so very important to us, and we are so excited to share the plans for our new full-service branch. It will be a beautiful tribute to this community.” said Carolyn Stroud, Legend Bank Bonham Branch Manager, AVP. “We are thankful that we will have a conveniently located temporary branch to provide the banking services they need next door to our Convenience Center. Plus, we will be introducing new convenient banking technologies during this transition that will help our customers as well. While we look forward to our new building construction, we know change can be hard sometimes. I want to reassure customers that our bankers are here to help and make banking as easy as possible during construction. Please reach out to us if you have questions about this transition.”
The Bank has released a rendering of the new location to give Bonham customers a feeling of the planned new Bonham branch. During construction, the current branch location in downtown will be closed and the building will be demolished. New branch construction will begin in that same location in downtown Bonham. The Bank will be using materials to reinforce the downtown Bonham history including brick and stonework, details, and colors that will provide extraordinary curb appeal and will complement the downtown area.
“Preserving our connection to the Bonham community and the downtown square is a priority for us as we design our new full-service location. We want our customers to be proud of the impact we are making in the downtown area to align with the revitalization work done on the Bonham courthouse,” said Garrett Amlin, Bonham Branch President, SVP. “When our new Bonham branch building is open to serve customers after construction is complete, we will be able to provide all of our banking services from our one downtown location offering customers a premiere location with lobby services for personal, business, commercial and mortgage services along with drive-thru banking, ATM and electronic banking services.”
Legend Bank will share more information as plans develop and they prepare for construction. Please check their website at https://www.legend.bank/bank-local-in-bonham for updated information. They also encourage safe deposit customers to reach out to their bankers to discuss their options during construction of the new branch. They would like to thank customers in advance for their patience during the construction and move to the temporary location.
Legend Bank Contact Information
https://www.legend.bank/bank-local-in-bonham
Phone: 903-583-2163
Email: [email protected]
About Legend Bank
Legend Bank N.A. has 13 locations throughout North Texas with total assets of over $1 billion. Legend Bank serves the people and businesses in and around Bonham, Sherman, Cooper, Whitewright, Bowie, Alvord, Decatur, Henrietta, Wichita Falls, Nocona, Whitesboro, Fort Worth and North Richland Hills and is one of the largest cattle lenders in North Texas. Legend Bank has proudly served its communities for 133 years and remains focused on their mission to enrich the lives of their stakeholder by providing Legendary financial services and resources.
Member FDIC. Equal Housing Lender. All loans subject to credit approval. NMLS ID 481267