Type Private company Headquarters Big Bear Lake Founded 1980 | Website www.oaktreebiz.com Motto Forms for Credit Unions Parent organization Function(x) Inc | |
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Industry Financial services and Credit Unions Products Documents (Forms) Membership, Home Equity, Business Services Data Linking, Training, Forms Output, Compliance Support | ||
Oak tree business systems inc membership documents
Oak Tree Business Systems, Inc. ("Oak Tree") is a private company that provides compliant documents and forms only for Credit Unions in the United States.
Contents
- Oak tree business systems inc membership documents
- Oak tree business systems inc consumer lending
- History
- Products and services
- Employees and locations
- References
Oak tree business systems inc consumer lending
History
Oak Tree was born in 1980 from the credit insurance industry. Clyde Coxey was the founder among the first batch of employees of insurance carrier Transamerica, which at the time did business as TOP/CRI -Creditor Resources Inc. based in Atlanta, Georgia. Oak Tree Systems began to provide credit union customers a forms product that helped grant loans and sell credit insurance as the forms solution for Transamerica.
In 1983, Oak Tree relocated to Orange, California and became Oak Tree Business Systems, Inc. independent of CRI (currently Transamerica Corporation). Consumer protection laws in the U.S. became more stringent and Oak Tree developed a purpose all of its own.
In 1985, Oak Tree relocated to Big Bear Lake, California providing document printing services and customized forms to all Credit Unions in America.
In 1991, Oak Tree’s full attention turned to the forms needs of The Credit Union Industry employing Richard Gallagher’s computer expertise who pioneered streamline documents serving regulated forms for Credit Unions only.
In 2013, Oak Tree opened its second location in Costa Mesa, California.
Products and services
Oak Tree provides forms required to sign up new credit union members, forms for both open-end and closed-end consumer lending, open-end and closed-end home equity lending, member business lending, and any other credit union forms compliant with state and federal regulations. Services of mapping or ‘data linking’ forms to the systems in use by credit unions.
Employees and locations
In 1999 Genelle Rich joined Oak Tree and is now President.
In 2001, owner Clyde Coxey retired who then elected and appointed Richard Gallagher as President, now the current CEO. Coxey died in March 2014.