Companies combine common strengths in consumer-directed benefit offerings
Dayton, OH — February 18th, 2020 — FlexBank Administrators, a trusted and tenured provider of pre-tax benefits, COBRA administration, and compliance solutions, announces its partnership with Navia Benefit Solutions, a nationwide consumer-directed benefits provider of health, life, and compliance solutions.
Both companies will leverage FlexBank’s expertise and professionalism in delivering quality benefit services to customers for nearly 50 years, alongside Navia’s reputation for innovative benefit solutions, quality customer service, and a leading technology platform. FlexBank and Navia offer complementary “best of breed” benefit products that will enhance the options and value available to customers of both organizations. FlexBank’s location in Dayton, OH will further expand Navia’s geographic and time zone service coverage to employers and participants throughout the US.
As a subsidiary of Navia Benefit Solutions, FlexBank employees will become members of the Navia family through the partnership and will continue to serve FlexBank customers. Alissa Culp, FlexBank’s owner, will continue with the combined organization and continues to be responsible for the expansion and growth of the FlexBank operation.
“Alissa and I share common bonds as leaders of businesses that our fathers started, and our roots originate from cultures of excellent service,” said Hilarie Aitken, CEO of Navia. “FlexBank mirrors Navia’s reputation as a long-standing and respected provider of unique benefits to employers everywhere, and we share common values across the companies. We welcome the FlexBank team to our family, and we are proud to be a new member of theirs.”
“For years I’ve been looking for a partnership with a like-minded, family-owned business where together we are stronger than separate. Navia shares our philosophy of high-touch service while offering us the advantages of additional leading-edge proprietary technology,” said Alissa Culp, FlexBank’s owner and president. “We look forward to bringing what the combined FlexBank and Navia companies can offer to the market, and delivering greater value together to our employers, partners, and benefit participants.”
ABOUT FLEXBANK
FlexBank is an administrator of tax-advantaged, COBRA, and compliance solutions, located in Dayton, OH. Originally established in 1971 as Wallace, Deist, and Schneider, FlexBank began administering Flexible Spending Accounts in 1985. FlexBank has continued to expand the breadth of its offerings over its history while maintaining superior customer satisfaction and service relationships across its customer base. For further information, visit www.flexbank.net.
ABOUT NAVIA BENEFIT SOLUTIONS
Navia is a national, consumer-directed benefits provider serving 4,000+ employers across all 50 states. The company provides comprehensive health, life, and compliance solutions to employers and consumers, and offers industry-leading customer service, communications, and technology. Founded in 1989, Navia began as Flex-Plan Services, and over the years has grown into one of the nation’s premier benefit providers. Navia offers FSA, HSA, HRA, Commuter, Wellness, and COBRA administration. www.naviabenefits.com.
