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Core Conversions

Sandy, Utah (June 2018) – The Cook, Minnesota-based North Star Credit Union has big plans for rapid growth. With two recently completed mergers and more growth opportunities on the horizon, CEO Rich Crettol is establishing a firm foundation for the credit union. Knowing that a key part of growing a credit union involves leveraging technology…

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instant issuance

Sandy, Utah (June 12, 2018) – CPI Card Group Inc. (Nasdaq:PMTS, TSX:PMTS) (“CPI”), a global leader in financial and EMV® chip card production and related services, today announced an integration with Salt Lake City-based core processor, FLEX, to enable a streamlined approach to instant issuance. CPI’s Card@Once solution will be integrated with the FLEX data processing platform, allowing credit…

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Credit Union Conference in Salt Lake City

Sandy, Utah (January 2018) – FLEX is pleased to announce that its 2018 National User Conference will be held on October 17-20, 2018 in Salt Lake City, Utah. This must-attend conference offers training to FLEX clients on the latest releases of FLEX credit union software and highlights new development on the horizon. Class session topics will include…

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credit union core conversion

Sandy, Utah (January 2018) – Salt Lake City-based core processor, FLEX, has announced the conversion of several credit unions to their core data processing platform in 2017. The recently converted credit unions average 7,295 members and $81 million in assets. FLEX continues to strengthen its position in the present core processing space. As of the 2018…

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eDoc electronic signatures

Sandy, Utah (December 14, 2017) — FLEX, a credit union core data processing solution provider based in Sandy, UT, recently partnered with eDOC Innovations to offer eDOCSignature to their credit union members. eDOCSignature’s mobile enterprise digital transaction management solution empowers people to perform digital transactions and workflows in a mobile and paperless environment. “FLEX is interested…

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In-house credit cards

Sandy, Utah (August 21, 2017) —  Credit cards have become a critical offering for credit unions in their consumer lending strategies. Since the beginning of this trend, institutions have outsourced their credit card product and servicing to third-party vendors. Like other types of loan offerings, credit cards have unique characteristics that have deterred credit unions from…

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credit union merger

Sandy Utah (August 1, 2017) — The $10.5 million East Hartford Federal Credit Union in Connecticut merged with the $20.4 million America’s First Network Credit Union in Trumbull, CT. The credit union has one branch and will continue to operate as East Hartford FCU under the America’s First Network name. The surviving credit union will…

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credit union training

Sandy, Utah (July 26, 2017) —  We are pleased to announce that the next FLEX ‘Central’ Regional Training Conference will take place on Thursday and Friday, November 16-17, 2017, in Nashville, Tennessee.  As with all of our conferences, our primary objective in planning this event is to provide an educational and informative conference that will enhance your…

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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 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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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

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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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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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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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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