The Flex.One account is a first mortgage combined into a Home Equity Line of Credit (HELOC) with all the capabilities of a checking account. The member’s entire loan is a line of credit, which allows the balance to be paid down when there is excess savings and withdrawn should those “savings” be needed. It also allows access via ATM, check writing, debit card/POS, ACH, and other features which make a separate checking account unnecessary.

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