Nearing 40 years of experience in the Credit Union Industry, Oak Tree is a leading provider for lending documents and forms for Credit Unions. We provide all types of forms (all types of formats), data linking services, training, compliance support, legal opinion letters, preprinted brochures and documents, as well as web-based and mobile forms. Marketing Services for credit unions also available.
Showing posts with label Oak Tree Business Systems. Show all posts
Showing posts with label Oak Tree Business Systems. Show all posts
PRESS RELEASE Oak Tree Business Systems, Inc. teamed up with local charities, including the OC Foodbank and the 2020 Community Cup Charity, to give back to the surrounding communities. Credit unions, employees, members, families, and friends were asked to help us in this fight against hunger. Community Charity Campaign Success!
With community support, Oak Tree Business Systems, Inc. donated more than 100 pounds of food and over $300 in online donations to the OC Foodbank. We thank Capstone Federal Credit Union and The Irvine Company for their support.
“The OC Food Bank works with nearly 400 local charities, soup kitchens, and community organizations to end hunger and malnutrition. CAPOC personnel distributes over 23,000 food boxes each month at 55 distribution sites in Orange, Los Angeles, and Riverside Counties. The program provides nutritional assistance to relieve situations of emergency and distress through the provision of food to the poor.”
About Oak Tree Business Systems, Inc.
Now celebrating over 37 years of experience in the Credit Union Industry, Oak Tree is a leading provider of compliant lending documents and forms for credit unions. We provide all types of forms (in all formats), data linking services, training, compliance support, legal opinion letters, marketing services, Spanish forms, preprinted brochures, and documents, as well as web-based forms.
PRESS RELEASE Oak Tree Business Systems, Inc. is teaming up with local charities, including the OC Foodbank and the 2020 Community Cup Charity, to give back to the surrounding communities. We are asking credit unions, employees, members, families, and friends to help us in this fight against hunger. To join our team, please email us; the deadline to sign up is Aug. 28. The project will run from Aug. 1–Sep. 11, and those who wish to participate will be asked to leave out marked bins at their branches to collect donations. (Note: this community charity campaign is now over)
This is a great opportunity for your credit union and credit union family to get involved and help those in your community even further, virtually and physically during COVID-19.
“The OC Food Bank works with nearly 400 local charities, soup kitchens, and community organizations to end hunger and malnutrition. CAPOC personnel distributes over 23,000 food boxes each month at 55 distribution sites in Orange, Los Angeles, and Riverside Counties. The program provides nutritional assistance to relieve situations of emergency and distress through the provision of food to the poor.”
About Oak Tree Business Systems, Inc.
Now celebrating over 37 years of experience in the Credit Union Industry, Oak Tree is a leading provider of compliant lending documents and forms for credit unions. We provide all types of forms (in all formats), data linking services, training, compliance support, legal opinion letters, marketing services, Spanish forms, preprinted brochures, and documents, as well as web-based forms.
(note: this is an older blog entry and has been edited since originally posted. The community charity campaign is now complete to great success!)
The current situations are new and can be troubling for many. Almost every person has been affected in some way by the impact of COVID-19. Being a part of the #CreditUnionMovement means we are going to need to be ready to act. Your members are going to be needing all kinds of assistance. Your credit unions thrive during these times because you know how important your members are. This is why we wanted to remind the credit unions, we’re here for you to adapt. It can be to the Covid situation, after the pandemic and the “new” normal, or at any time you want to improve your credit union forms and budgets.
When the pandemic first began its spread, we saw that many credit unions were quick to act in efforts to protect and help their members. There were halts to fees, repossessions, and foreclosures. We saw credit unions lower their rates on emergency loans and perform other actions to prepare their members for the days ahead. Oak Tree had also put forth many resources to assist the credit unions in their mission to support their members.
Now, we are seeing another stage in this situation where many communities are confident in their ability to reopen their businesses and allow for more interactions, with certain safety protocols still in place, of course. That is where Oak Tree is once again acting as a proactive partner to the credit union industry. Along with our standard practice of staying ahead of the trends and regulatory changes, we also want to find other ways to help credit unions adapt to the new normal.
No one is alone in these times, as we are all a community and that is the lesson learned from our time with credit unions. We are here to do our part and help you adapt. As you are ready to transition, see how our forms can better enhance your lending portfolio. Check out our products & services, then contact us to start using the most reliable and compliant forms and disclosures for credit unions nationwide.
If you’ve been keeping up with the news, you might have noticed that certain insurance carriers are leaving the credit union market. Transamerica was the first to make the announcement, and others are sure to follow suit. This is certain to create waves. Changing insurance carriers is a big deal after all. There is a lot involved, and the process can be daunting. While this might affect some credit unions, causing much stress and mild panic, it will not affect you. By using forms from Oak Tree Business Systems, Inc., you are protected. Credit Unions Changing Insurance Carriers also have options.
Let me explain:
Use Oak Tree and Transition with Confidence
The key is compliance. When a credit union decides to switch insurance carriers, or in this case, has to switch insurance carriers, they can do so confidently with Oak Tree. Our forms are always up to date and compliant. They will easily translate through the insurance carrier transition because they can be customized with the information you need. This makes Oak Tree forms easy to work with. You can customize them to work with your current insurance carrier or any insurance carrier you may choose to work with in the future.
The freedom to customize your forms to be used with your insurance carrier, or switch insurance carriers and continue using the same lending forms, is one of the advantages of using forms from Oak Tree Business Systems, Inc. A compliance issue involving lending forms should not be the deciding factor when it comes to switching insurance providers. No, on the contrary, it should be the least of concerns. Things like benefits, coverage, and discounts should be the determinants.
How Oak Tree Forms Help
All Oak Tree forms follow state and federal guidelines. We work diligently to make sure that each regulatory measure is met and constantly in compliance. This means you always have the most accurate, up-to-date lending forms and disclosure notices at your disposal. And yes, we can keep up with the changes. We deal with the changes occurring on a state and federal level every day and make sure the appropriate language is printed on your forms. The constant barrage of regulatory changes is more than enough to drive any compliance expert crazy. At Oak Tree, we do the work for you so you don’t have to think about it.
Furthermore, our other services dovetail nicely and promote the most efficient access to our compliant forms. For instance, we offer data linking in-house for many data processors, our forms are linked directly to your system. This provides ease of use, cost savings, and convenience – not to mention efficiency! We also provide electronically generated forms. The fact that they are electronically generated means they are the most current, up-to-date, compliant version on hand. We have laser-generated forms as well, for those instances where you need to customize certain items and require the capability to print them on demand.
Having different form options is convenient, efficient, and necessary. They speed up the process of doing business, which helps promote healthy customer relationships. It also helps you put your best foot forward regarding presentation, since customers are not waiting on you to find or fill out forms. Form options from Oak Tree make you look great.
Finally, we are one of the few in the industry that offers compliance support and training. This may not seem like much of an offering the first time you need forms, yet, wait until something happens, like a visit from an examiner. The support and training from Oak Tree are invaluable at that moment. Also, transitioning from one carrier to another can be very stressful, and there can be a tendency for details to fall through the cracks. However, unlike most instances in life where missed details rarely make a big impact; when it comes to forming compliance, details are everything. One missed clause or omitted disclosure statement can spell big trouble for your credit union. Our compliance support and training will make sure you transition your forms with ease.
So, while insurance carriers may come and go, Oak Tree Business Systems, Inc. will remain. No matter what challenges the industry may face, we stand at the ready to provide you with the best compliant forms available on the market. With that variable out of the equation, you can focus and choose the best insurance carrier to meet your credit union’s needs. Credit Unions changing insurance carriers is not a problem for Oak Tree.
(note: this is an older blog entry and has been edited since originally posted.)
