diff --git a/FIPS/pom.xml b/FIPS/pom.xml
index 5a9048f2a..ba1929bd2 100644
--- a/FIPS/pom.xml
+++ b/FIPS/pom.xml
@@ -5,12 +5,12 @@
   <parent>
     <groupId>net.snowflake</groupId>
     <artifactId>snowflake-jdbc-parent</artifactId>
-    <version>3.20.0</version>
+    <version>3.20.1-SNAPSHOT</version>
     <relativePath>../parent-pom.xml</relativePath>
   </parent>
 
   <artifactId>snowflake-jdbc-fips</artifactId>
-  <version>3.20.0</version>
+  <version>3.20.1-SNAPSHOT</version>
   <packaging>jar</packaging>
 
   <name>snowflake-jdbc-fips</name>
diff --git a/parent-pom.xml b/parent-pom.xml
index 2617630fd..7f165f376 100644
--- a/parent-pom.xml
+++ b/parent-pom.xml
@@ -5,7 +5,7 @@
 
   <groupId>net.snowflake</groupId>
   <artifactId>snowflake-jdbc-parent</artifactId>
-  <version>3.20.0</version>
+  <version>3.20.1-SNAPSHOT</version>
   <packaging>pom</packaging>
 
   <modules>
diff --git a/pom.xml b/pom.xml
index 8a90512ab..69ff5b183 100644
--- a/pom.xml
+++ b/pom.xml
@@ -6,13 +6,13 @@
   <parent>
     <groupId>net.snowflake</groupId>
     <artifactId>snowflake-jdbc-parent</artifactId>
-    <version>3.20.0</version>
+    <version>3.20.1-SNAPSHOT</version>
     <relativePath>./parent-pom.xml</relativePath>
   </parent>
 
   <!-- Maven complains about using property here, but it makes install and deploy process easier to override final package names and localization -->
   <artifactId>${artifactId}</artifactId>
-  <version>3.20.0</version>
+  <version>3.20.1-SNAPSHOT</version>
   <packaging>jar</packaging>
 
   <name>${artifactId}</name>
diff --git a/src/main/java/net/snowflake/client/jdbc/SnowflakeDriver.java b/src/main/java/net/snowflake/client/jdbc/SnowflakeDriver.java
index 4e9b01b30..b385e04c2 100644
--- a/src/main/java/net/snowflake/client/jdbc/SnowflakeDriver.java
+++ b/src/main/java/net/snowflake/client/jdbc/SnowflakeDriver.java
@@ -37,7 +37,7 @@ public class SnowflakeDriver implements Driver {
   static SnowflakeDriver INSTANCE;
 
   public static final Properties EMPTY_PROPERTIES = new Properties();
-  public static String implementVersion = "3.20.0";
+  public static String implementVersion = "3.20.1";
 
   static int majorVersion = 0;
   static int minorVersion = 0;