Credit Union News Blog by Oak Tree Business Systems, Inc. - Your fun and informative source for updates, regulations and more.
Regulation Forecast and Help From Oak Tree
The Economic and Invest Conference was held August 10-12, 2015 in San Diego, California. The main area of focus for this conference was on key trends of today’s economy, what to watch for in 2016, and regulatory forecast. These are important topics when thinking about credit union forms.
It is a known fact that America is a nation of consumers, meaning that we spend more than we save, and that the average American savings is far below the world average. But the extent of the struggle that is facing Americans financially is shocking. Oak Tree Business System, Inc. takes a look at what credit unions are doing to improve the financial quality of life of Americans and the current trends in the industry. The following numbers were taken from Bankrate.com and creditunions.com, and show the struggle Americans face in raising funds.
Data Linking for Credit Unions by Oak Tree
Data linking, the term conceived by Oak Tree Business Systems, Inc. in 1997, is the process of linking data from a credit union’s data/loan processor and transferring it into the blank areas on the credit union’s form in a way that ensures that the appropriate information prints correctly and that the form is properly completed. Data linking maps out information and allows data to be transferred from one system to another.