Spanish

  New System Implementation  
  An advanced system for us.
A better experience for you!
 
 

Letter from the CEO

We want to inform you about an exciting development at OAS FCU. On November 1, 2018, we will be migrating our core system to a new, state-of-the-art platform, that includes a new and intuitive online and mobile banking platform.

Over the past two years, our staff and I have spent countless hours preparing for our systems upgrade. This is one of the biggest changes a credit union and its members can experience, and we are very excited to finally unveil it!. The new system will bring to you many positive improvements in convenience and efficiency, and a greater value to our banking relationship.

While we are approaching our conversion date on November 1st, there might be some temporary interruptions as we install and test these changes. We ask that you bear with us as we move our systems forward and forgive us for any inconvenience you may experience. Our management and staff team have been working diligently to ensure a smooth and seamless transition and will keep you abreast of the developments.

If you have any questions, we encourage you to contact us at (202) 458-3834 or send us an email to [email protected]. You may also come into our branch as our staff is prepared to answer any questions you may have.

Thank you for your continued loyalty to OAS FCU. We are looking forward to serving you better through our upcoming enhancements.

Best Regards,

Carlos Calderon
President and CEO
OAS FCU

 

What is Changing

Accounts & Loans

Your accounts and loans will not be affected by the system upgrade. However, there will be some small changes in the numbers and the way some information is presented to you in the new Online and Mobile Banking.

Your existing primary account number and the loans you have under it, will remain the same. However, the suffixes or digits that identify the type of account or loan will be different. Below are some examples of how they will look after the new system implementation:

Type of account Current Number New Number*
Share Savings 1234-01 1234-0
Checking 1234-60 1234-71
Term Deposit 1234-70 1234-81
Club Account 1234-03 1234-51

 

*This example is only for illustration purposes on how some of the suffixes will look.

Even though you won’t be able to access your accounts using the Online and Mobile Banking accounts from Wednesday, October 31st at 1:00PM to Monday, November 5th at 9:00AM, you will be able to use your Debit Card to make purchases and ATM cash withdrawals.

Make sure to review your account available balance before 1:00 PM on October 31st to make sure you have funds available for implementation weekend.

The new system will allow us to serve you even better! It will automatize many of our internal processes, integrate new tools, and increase our efficiency; meaning we will have more time to take care of your requests.

No. We have set up your existing direct deposits, payroll deductions and automatic payments to be routed properly after the upgrade. Everything will come into the same account(s) and will be distributed to the account(s) requested if the proper account number was initially provided.

No. There is no need to order new checks. They will continue to work during and after the new system implementation.

No. Your current Debit Card and PIN will remain the same and will continue to work during and after the new system implementation.

If you have not activated your Debit Card, or if you need to request a new one, please do so before 12:00 noon on October 29th. No activations nor new card orders will be placed until November 5th.

No. Your routing number and transit number will remain 254075069.

Yes. Your payments will continue to automatically transfer from the savings or checking account that is currently used. If you have established a different payment source, that will also remain the same.

 

Online Banking

When login to your Online Banking account on November 5th, you will notice a completely new platform as a result of our new system implementation.

You will be able to login, for the first time, using the same credentials that are currently being used. If you have multiple accounts, you will no longer need different credentials to access each of them; use the credentials for your primary account.

Once you login, you will have to enter a secured access code that can be sent via text message, over the phone, or email. Members outside the U.S. will only have the email option.

The secured access code is going to be sent to the contact information we have in our system. Please make sure we have the correct information, or you will not be able to continue.

Online Banking will not be available during the implementation weekend starting Wednesday October 31st at 1:00PM and will resume functionality on November 5th at 9:00AM.

The new Online Banking will offer an integrated online and mobile interface for a more intuitive member experience and better functionality across all of your devices. Some of the new features to access and manage your accounts include:

  • Consistent, intuitive experience. Simple and easy navigation with the same view regardless of the device you use.

  • Single login, multiple access. See all of your accounts—even those in which you are a joint owner—in one convenient dashboard, using only one login ID and password.

  • Account customization. Nickname, group and hide accounts to simplify navigation.

  • Easy transfer tools. Move money between all of your accounts, even those at other financial institutions.

  • Simple digital payments. Send or receive money to and from anyone using an email address or phone number.

  • Improved eAlert capabilities. Manage and customize the way you want to receive alerts.

  • Convenient access tools. Access new platforms to manage your credit card and mortgage accounts, and to apply for a loan and review your application status.

  • Additional perks. Keep track of your spending with all of your accounts to stay on track with your budget.

Under the new Online Banking, all your accounts regardless of whether you are the primary or the joint, will be consolidated for viewing under your name to make them easier to manage.

No. You will have to create or assign new nicknames to your accounts.

You can use the same ID you are currently using to access your primary account. However, you must create a new password according to the system specifications. Remember that the new Online Banking will require only one user ID and password to access all the accounts for which you are the primary and joint owner.

No. Your alerts will not be carried over after the new system implementation.

Yes. 10 months of account history will be available in the new Online Banking.

You will need to reschedule all recurrent transfers, wire or ACH transfers. However, any templates you have created, will be available in the new Online Banking.

After the implementation, recurrent transfers currently in place in your Online Banking will need to be re-established again since they will not be transferred to our new Online Banking system.

 

Mobile Banking

Following our new system implementation, mobile banking and online banking will be integrated. On November 5th, you will need to download the new Mobile Banking app from the mobile device’s app store.

Once you have downloaded the new app and successfully logged into your new Online Banking, you will be able to access the new Mobile Banking using the same credentials.

Current Mobile Banking users will need to uninstall the app they have been using and replace it with the new one.

Mobile Banking will not be available during the implementation weekend starting October 31st at 1:00PM and will resume functionality on November 5th at 9:00AM.

Since the new Online and Mobile banking will be integrated under the same platform, you will be able to use all the same tools and features mentioned under the Online Banking enhancements. In addition, you will be able to make remote check deposits.

On November 5th, after you’ve successfully logged into the new Online Banking, you’ll be able to download and access the new Mobile app.

Look for OAS FCU in the app stores.

 

Paper and Electronic Statements

Both paper and electronic statements will have a new look. Starting November 5th at 9:00AM, you will be able to access your eStatements. Primary account members who are not signed up for eStatements will receive the new paper statements during the first days of November.

eStatements will not be available during the weekend of the upgrade, and no past statements will be available after November 5th.

Previous statements that are currently archived in your online banking will not be available on the new platform. We encourage you to download and/or print your statements before October 31st.

Your new paper statements and eStatements will reflect a new look and easy to read design. You will find your eStatements, along with other eNotices, under a new platform within Online Banking featuring a user-friendly design and intuitive navigation.

You can always contact us to request past statements.

No. Your mortgage paper and electronic statements will remain the same.

No. Your Credit Card statement will remain the same.

 

ClickPay

After the new system implementation on November 5th at 9:00AM, you will continue to access your Click-Pay through the new Online Banking and also from Mobile Banking.

No payment history, nor the payee’s information will be transferred to the new platform. You will need to add all the payee’s information and schedule recurrent payments again. We recommend you print the history currently archived in the bill payment system prior to October 31st.

 

No. Your existing Click-Pay history will not be transferred to the upgraded system.

Yes. You will need to enroll in the Click-Pay upgraded system from your Online Banking.

The last date for any recurrent payments already set up in the system prior to October 31st will be November 1st. After November 5th you will need to re-enter the payee information and reschedule them in the new Online and Mobile Banking.

Yes. Any pending payments scheduled for payment on or November 1st, will be processed. Any scheduled payments that would take place after that date will have to be re-entered into the system after the conversion has taken place.

Yes. You will need to set up your existing payees and reschedule your recurrent payments again into the new system after November 5th.

 

How to Prepare

If needed, activate or request your Debit Card before October 29th.

Make sure we have your correct personal information. After the implementation, to access your online banking you will have to enter a secured access code sent to the contact information we have in our system.

Make notes of any recurrent transfers you have set up in your Online Banking.. After the implementation, you will need to re-establish your transfers in the new Online Banking.

Download the new Mobile Banking app. Current Mobile Banking users will need to uninstall the app they have been using and replace it with the new one.

Download and/or print your statements before October 31st since previous statements that are currently archived in your online banking will not be available on the new platform.

Print the history currently archived in the Bill Pay system prior to October 31st since no payment history, nor the payee’s information will be transferred to the new platform. You will need to re-enter all the information under the new platform.

We will close Wednesday October 31st, 2018 at 1:00PM until Monday November 5th, 2018 at 9:00AM.

While most of the process will take place behind the scenes, there are a few things we recommend you do during that weekend:

Mark your calendar. Add a reminder about the implementation, the services that won’t be available and/or limited, and the actions you should take between October 31st at 1:00PM until November 5th after 9:00AM.

Withdraw some cash. While we anticipate no interruptions with your Debit card or ATM services, we suggest you withdraw some extra cash and keep your OAS FCU credit card on hand, just in case. Your credit card will not be affected with the system implementation.

Check your balance. Make sure you know how much money is available in your checking account on October 31st before 1:00PM. After this time, you will not have any tools to access your accounts and verify this information.

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1889 F Street NW, Washington DC 20006 - Tel: 202.458.3834 - Fax: 202.478.1592
[email protected]