FLEX News

CMC - 30 Years of Service! ( January 2008 )

In 2008, CMC celebrated 30 years of data processing services and, much to the dismay of competitors and pundits alike, stands alone as the credit union industry's largest and oldest core processing service provider that has not experienced a change of ownership since its inception.

In February 1978, Fred Holcomb organized and incorporated Computer Marketing Corporation. Leveraging his experience, knowledge and affection for the credit union industry, Mr. Holcomb partnered with a Salt Lake City area credit union to develop an in-house credit union data processing solution built on IBM's mid-range (or mini) business application computer platform, the System/34. By 1986, CMC's credit union solution evolved, adopted the name FLEX for its scalability and usability for credit unions of all sizes and served as the beginning point of CMC's exclusive service to the credit union industry.

From the humble beginnings of two small offices, today's CMC is made up of over 120 employees occupying its own, newly constructed 40,000 square foot building. Staff members provide various services to over 260 credit unions in support of the FLEX core credit union information management solution. During the course of this celebratory year, forthcoming issues of CMC's newsletter will profile many of the employees, people and credit unions that have made CMC the great company that it is today. To our customers we express our continued commitment of service and say THANK YOU!!!