Wellspring FCU Converts to FLEX for Credit Union Data Processing

credit union data processing

Sandy, Utah (July 3, 2017) —  The Texas-based Wellspring Federal Credit Union completed their core conversion to the FLEX data processing system on July 1, 2017. With $48 million in assets and 6,300 members, Wellspring FCU is an important addition to the FLEX family. Led by CEO, Janna Achord, the credit union is positioned to…

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Credit Unions Merge to Achieve Economies of Scale

Credit Union Merger

Perry Point FCU Merges with the Central Credit Union of Maryland   Sandy, Utah (May 1, 2017) — Perry Point FCU held a vote on January 25, 2017, and a merger with the Central Credit Union of Maryland (CCUMD) was unanimously approved. The two credit unions have been partners with core data processor, FLEX, for a combined 41 years. “This is a unique opportunity to continue to serve the members and…

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FLEX Announces Regional Training Conference in California

Credit union training

Sandy, Utah (April 19, 2017) —  Save the date: September 20-21, 2017. FLEX is pleased to announce its second regional training conference for 2017.  Meeting space and guest rooms have been officially blocked at the Oceano Hotel & Spa in Half Moon Bay, California.  Please mark your calendars and plan to join us at this…

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Caprock Federal Credit Union Converts to FLEX

caprock federal credit union

Sandy, UT (April 2017) —  Caprock Federal Credit Union converted to FLEX on April 1, 2017. With nearly $30 million in assets and over 3,300 members, Caprock FCU is an important addition to the Salt Lake City-based core processor. FLEX currently supports 40 credit unions in the Lone Star state, totaling $2.4 billion in assets…

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FLEX Partners with Pay Lynxs to Deliver SimpliRisk

credit union compliance

Sandy, Utah (March 2017) — Salt Lake City-based core processor, FLEX, has partnered with Pay Lynxs to deliver SimpliRisk, a compliance automation solution for transaction monitoring, risk rating and member due diligence to support credit union AML and BSA requirements. According to the recently issued NCUA Supervisory Priorities for 2017 letter, (17-CU-01), examiners will be…

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Honolulu Federal Credit Union Converts to FLEX

Credit Union Core Conversion

Sandy, UT (March 2017) —  FLEX is expanding in the warmer climes of Hawaii by partnering with Honolulu Federal Credit Union.  With a rich 80 year history of providing quality products and services, Honolulu FCU now serves over 15,000 members with $251 million in assets and operates four beautiful branches. When Honolulu Federal Credit Union’s CEO, Mark Munemitsu, was asked why…

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FLEX Announces New Conversions to its Data Processing System

credit union core conversion

Sandy, Utah (March 2017) – Salt Lake City-based core processor, FLEX, has announced the conversion of several credit unions to their data processing platform between 5/1/16 and 3/1/17. Most of the converted credit unions are native to the lower 48 states. However, with this announcement, FLEX is expanding its reach into the warmer climes of…

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Members First Credit Union Partners with FLEX

credit union core conversion

Sandy, Utah (January 27, 2017) —  Member First Credit Union of Brigham City, Utah converted to FLEX on January 2, 2017. The Utah-based credit union, with $114 million in assets and 15,000 members, partnered with local core processor, FLEX, to simplify daily operations for employees and to form a partnership with a core provider that…

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FLEX Announces User Conference in New York

FLEX user conference

Sandy, UT (January 23, 2017) —  The next Eastern Regional Training Conference will be held on June 15-16, 2017 in Saratoga Springs, NY.   FLEX has blocked meeting space and guest rooms at the Embassy Suites hotel and has put together a registration packet which includes all the other details needed to join us at…

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FLEX Completes the Re-design of FLEX Academy

FLEX Academy

Sandy, UT (January 19, 2017) —  As a core processor for credit unions, FLEX believes that managing your system should never take away from managing your credit union. It should be effortless to navigate your software so you can focus on serving your members. With this in mind, FLEX provides a complete eLearning platform for users to…

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2016 Year in Review

Sandy, Utah (January 9, 2017) — FLEX announces the signing of 13 new credit unions prior to closing out 2016. While kindling these new relationships, we look forward to helping our credit union partners accomplish their goals and serve their members.      

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Lubrizol Employees’ Credit Union Converts to FLEX

credit union core conversion

Sandy, UT (January 2017) — Lubrizol Employees’ Credit Union of Deer Park, TX converted to FLEX on January 2, 2017.  With $45 million in assets, the Texas credit union is an important addition to the FLEX family.  When asked about their core system review process CEO, Rose Flores said, “We knew what we wanted when we…

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FLEX and Advanced Fraud Solutions Partner for TrueChecks® Integration

Sandy, UT (October 25, 2016) —  FLEX and Advanced Fraud Solutions have teamed up to deliver integration offering real-time, automated check fraud prevention.  This integration will reduce loss at the front line, allowing staff to focus on providing a positive member experience.  As checks are processed through the integrated FLEX teller capture check-21 system, TrueChecks®…

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Money One Federal Credit Union Goes Live

Sandy, UT (October 3, 2016)  —  The $120 million Money One Federal Credit Union in Largo, MD converted to the FLEX core processing platform on October 1, 2016, the company and credit union reported. The 13,520-member MOFCU will run the system as a managed in-house system and made its decision based on strategic growth needs…

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FLEX is Selected as a Top 10 Core Banking Solution Provider – 2016

Sandy, UT (September 2016) —  FLEX has been named a Top 10 Core Banking Solution Provider by Banking CIO Outlook magazine.  This distinguished award is given annually to ten companies that are at the forefront of providing core banking solutions and impacting the marketplace.  Sean Holcomb, COO of FLEX said, “We are honored to have…

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