Concho Educators FCU Signs with FLEX Core Processing for Integrated Efficiencies

San Angelo, Texas (Nov. 2013) -- Concho Educators Federal Credit Union with four locations in San Angelo, Texas will convert to FLEX in January 2014. After reviewing several core processing solutions, Concho selected FLEX as the most complete and modern end to end core solution available. FLEX’s unique ability to eliminate several layers of third party dependencies through a progressively feature rich core solution will allow the credit union to achieve unprecedented levels of member service. Concho Educators FCU serves 7,000 members with $67 million in assets.

“Concho Educators’ leadership in working through current structures and selecting FLEX to partner in meeting their objectives is indicative of their desire to progress in serving their membership,” said Sean Holcomb, Senior Vice President of FLEX. “We welcome them and look forward to building a valued relationship that will see them through an increasingly bright future.”

“After 30 years of using the same system, we performed extensive due diligence to assess our software and personnel efficiencies. During the process we unveiled some concerns and came to the realization that it was time to change the way we do business,” said Concho Chief Executive Officer Jerry Merrill. “Every member of our staff of 34 agreed that FLEX was the clear choice for Concho Educators. Not only does FLEX offer complete integration, automated processes and a suite of highly evolved core developed technologies, the pricing allowed us to include additional new and exciting products and service opportunities for our members as we move forward.”

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