A PLACE OF OUR OWN
Our purpose is to empower members with personalized financial solutions, education, and caring service that build confidence and lasting relationships. We recognize that each member’s financial journey is unique, and we are dedicated to walking alongside you—offering guidance, support, and real solutions.
As the world evolves, so do we—combining innovation with genuine connection—to meet your needs today and tomorrow.
CHAIR MESSAGE
Dear fellow members, board of directors, friends, and colleagues,
As the new Chair of the Board of OAS FCU, I am honored to serve this cooperative community—a community where members find refuge, support, and tangible solutions to the financial challenges they face.
Reflecting on the past year, I am proud to share the significant milestones and accomplishments we achieved together, even as financial, social, and political systems were tested globally. This year has been one of transition, growth, and adaptability, made possible by the dedication of our Board, staff, volunteers, and management.
PART OF EVERY STORY
Whether you’re starting your first job, managing unexpected expenses, or planning for retirement, we listen first and act with empathy. Our services—from flexible loans to financial counseling—are designed to fit your life, not the other way around.
Every day, we honor the stories of our members by offering more than accounts and transactions—we offer understanding, respect, and partnership.
CEO'S MESSAGE
Dear members of OAS FCU:
Once again, I am proud to provide you with a yearly review of our Credit Union. 2024 was not an easy year for most financial institutions, organizations, and businesses overall in the United States. The changing regulatory and political environment, volatile markets, and the overall global attempts to settle into a new way of doing things post-pandemic proved to be a challenge for everyone, one that took (and continues to) a toll.
New Members Joined
Open rate on marketing emails
Financial Education Engagement*
* Over half of our members actively engaged with our educational content
Number of paper sheets saved
through electronic applications
Empowering Members: Digital Support & Personalized Financial Guidance
Confidential, no-cost financial counseling sessions help members identify strategies to lower interest rates and monthly payments, promoting sustainable financial wellness and empowering better money management.
Boosting financial resilience via holistic counseling and education services
Number of Loans Disbursed
Loan amount disbursed
Total Loan Portfolio
CREDIT COMMITTEE REPORT
The Credit Committee is pleased to report that during 2024, 1,893 loans were disbursed, totaling $27.67 million. While this represents a decrease compared to 2023, when 2,050 loans totaling $39.45 million were issued, the numbers reflect a strategic and member-focused approach in a tightening economic climate. The global rise in interest rates and shifting consumer behavior contributed to this decline, but our priority remained constant: providing responsible, need-based lending that supports our members’ well-being.
BEYOND BANKING: ALLIES FOR LIFE
At OAS FCU, we understand that money touches every part of life, and we are here to offer steady support through all seasons. Whether you need advice on budgeting, want to explore loan options, or seek guidance on protecting your identity, our team is ready to listen and help.
With us by your side, you never have to face challenges alone. Reach out anytime—we’re here for you.
SUPERVISORY COMMITTEE REPORT
The Board of Directors of OAS FCU entrusts the Supervisory Committee with two critical responsibilities among others:
• To ensure that Credit Union management reports faithfully and clearly on the financial condition of OAS FCU.
• To verify that the policies, procedures, and practices of the Credit Union are effective in protecting the assets of our members.
CONTINUING OUR PROMISE
We remain open to every story, walking alongside you into tomorrow.
As we look toward the future, one thing remains constant: our doors and hearts stay open to all members, now and for generations to come.
Together, we will continue building an inclusive credit union where every voice matters and every member can walk their path to financial confidence. Our commitment to innovation, sustainability, and personalized service will guide us as we shape a future that reflects our shared values.
The journey ahead calls for collaboration and trust—and together, we will meet it with strength and hope.
OUR GREAT TEAM
Board of Directors & Committee Volunteers
.
Management, Team & Staff
.
your needs—not the other way around.
REAL SOLUTIONS FOR REAL LIFE
Number of Loans Disbursed
Loan amount disbursed
Total Loan Portfolio
CREDIT COMMITTEE REPORT
The Credit Committee is pleased to report that during 2024, 1,893 loans were disbursed, totaling $27.67 million. While this represents a decrease compared to 2023, when 2,050 loans totaling $39.45 million were issued, the numbers reflect a strategic and member-focused approach in a tightening economic climate. The global rise in interest rates and shifting consumer behavior contributed to this decline, but our priority remained constant: providing responsible, need-based lending that supports our members’ well-being.
Loan amount disbursed
Total Loan Portfolio
CREDIT COMMITTEE REPORT
The Credit Committee is pleased to report that during 2024, 1,893 loans were disbursed, totaling $27.67 million. While this represents a decrease compared to 2023, when 2,050 loans totaling $39.45 million were issued, the numbers reflect a strategic and member-focused approach in a tightening economic climate. The global rise in interest rates and shifting consumer behavior contributed to this decline, but our priority remained constant: providing responsible, need-based lending that supports our members’ well-being.
Loans approved, including personal loans and debt consolidation
Members reached with financial counseling
Growth in our membership across the Americas
Loan applications
Loan Portfolio
Growth in our membership across the Americas
Growth in our membership across the Americas
CREDIT COMMITTEE REPORT
The Credit Committee is pleased to report that during 2024, 1,893 loans were disbursed, totaling $27.67 million. While this represents a decrease compared to 2023, when 2,050 loans totaling $39.45 million were issued, the numbers reflect a strategic and member-focused approach in a tightening economic climate. The global rise in interest rates and shifting consumer behavior contributed to this decline, but our priority remained constant: providing responsible, need-based lending that supports our members’ well-being.
CONTINUING OUR PROMISE
STRONG FINANCIALS
Special loan rates to finance green initiatives
Our Loan Program During Challenging Times
Shares: Competitive and diverse programs for the needs of our members
Kick-off Project
ENHANCING OUR MEMBERS' FINANCIAL WELL-BEING
CEO'S MESSAGE
Dear members of OAS FCU:
When reporting on our Credit Union for 2023, I consider last year to be one of survival to challenges and change. During the first full year after the COVID pandemic, OAS FCU faced many situations and tests that had a strong effect, not just on us as a financial institution, but on all of us, its members.
Last year many of us saw a change in our workstyles. The slow return to in-office work has affected both the membership and our staff, and we continue to work actively with everyone to ensure that we are always available to assist you, in person, by phone, or digitally.
BY YOUR SIDE, ALWAYS
Thank you for letting us walk this path with you.
OAS
$66M
CAF
$36M
IICA
$9M
NatGeo
$7M
IACHR
$4M
Others
$8M
OUR MISSION
OUR VISION
Dividends Paid to Members
Total Deposits
Total Shares
PART OF EVERY STORY
Kick-off Project
Our membership grew by 100% across the Americas.
CAF
$36M
IICA
$9M
**Life is unpredictable—our solutions can help you adapt and thrive..**
New and improved Credit Cards including contactless technology, 0% interest rate on purchases for 12 months, no international transaction fees, no annual fee.*
*Members who have an OAS FCU Visa Platinum card, will see their $65 annual fee waived until April 24, 2024. We will also waive the first annual fee for any Platinum credit card opened between April 15, 2023 and September 30, 2023.
Because the members that cannot reach us in person are just as important for us as those who do, we are opening a new “office” that will serve members by phone, email, video and other new means that we’ll be unveiling soon!
– Branch at National Geographic: New space assigned at the remodeled National Geographic Building, currently under construction.
– OAS FCU Branch: Planning and construction started to remodel our main branch and make it more sustainable and environmentally friendly.
New and easy-to-use platform to apply for membership. It includes a streamlined process and initial deposit options using a debit card from any country, or ACH from a US-based financial institution.
New and improved Credit Cards including contactless technology, 0% interest rate on purchases for 12 months, no international transaction fees, no annual fee.*
*Members who have an OAS FCU Visa Platinum card, will see their $65 annual fee waived until April 24, 2024. We will also waive the first annual fee for any Platinum credit card opened between April 15, 2023 and September 30, 2023.
Because the members that cannot reach us in person are just as important for us as those who do, we are opening a new “office” that will serve members by phone, email, video and other new means that we’ll be unveiling soon!
– Branch at National Geographic: New space assigned at the remodeled National Geographic Building, currently under construction.
– OAS FCU Branch: Planning and construction started to remodel our main branch and make it more sustainable and environmentally friendly.
New and easy-to-use platform to apply for membership. It includes a streamlined process and initial deposit options using a debit card from any country, or ACH from a US-based financial institution.
Lunched Product and Tools
Total Online Users
Domestic ACH and Wires
Online Transfers:
International ACH and Wires
FINANCIAL STABILITY: AN INSTITUTION LIKE NO OTHER
Total Assets
Return on Assets
Total Loans grew
Total Deposits reached
Loan to Assets Ratio
Net worth ratio
Average growth per year, in the last 3 years
Total Assets grew to
Total Assets Increased by
Total Shares reached
Return on Assets
Net worth ratio
Other financials
A safe and secure institution that members can trust.
Like banks, deposits in credit unions are federally insured by NCUA's Share Insurance Fund for up to $250,000 per individual depositor. Also, know that credit union regulators require higher capital reserves than those required for banks –a requirement that reduces liquidity concerns.
A not-for-profit member-owned cooperative.
As a cooperative, we are accountable to our 8,622 members rather than to unknown stockholders. We use our revenue to benefit you by offering market-leading products that are safe and support our stability, making us much less likely to falter during major market fluctuations or regulatory changes in the industry.
A diverse, healthy balance sheet.
Our priorities are aligned with those of our members. This is why we take a conservative approach to managing our members' deposits. We choose a lower-risk investment strategy and do not engage in risky practices to meet stockholders' profit demands. Instead, our portfolio is diverse and not dependent on a sole industry.
At OAS FCU, we understand that money touches every part of life, and we are here to offer steady support through all seasons. Whether you need advice on budgeting, want to explore loan options, or seek guidance on protecting your identity, our team is ready to listen and help.
With us by your side, you never have to face challenges alone. Reach out anytime—we’re here for you.
Loans
Loan Portfolio Growth
CREDIT COMMITTEE REPORT
Total Deposits
Total Assets
Total Loans
Total Loan to assets
Loan Disbursed
We have always cared for our members, the communities we serve, and the staff and volunteers that help us provide it. We have added our planet to the list of those we serve and care for, and from now on we will help protect it, and hope we set an example for others.
Total Online Users
Domestic ACH and Wires
Online Transfers
International ACH and Wires
Debit Card transactions
Remote Deposits
Total number of applications and requests completed electronically via DocuSign
Environmental Savings using DocuSign
OAS FCU headquarters outperforms 86% of similar buildings nationwide. It also uses 43% less energy per square foot than the national average.
ENERGY STAR
Certified Building 2023
OAS FCU headquarters outperforms 86% of similar buildings nationwide. It also uses 43% less energy per square foot than the national average.
ENERGY STAR
Certified Building 2023
outperforms 86% of similar
buildings nationwide
per square foot than
the national average
Organization of American States, OAS
Development Bank of Latin America, CAF
National Geographic
IICA
Others
AGE DISTRIBUTION
Silent (Ages 74-91)
Boomers (Ages 55-70)
Generation X (Ages 39-54)
Millenials (Ages 23-38)
Generation Z (Ages 7-22)
IICA $8,993,130
NatGeo $6,793,549
OAS $65,729,568
Members Living in the US
Remote deposits
Members Living abroad
Debit Card transactions
Online Banking users
Total logins
CAF $36,379,530
CUE $1,312,067
IACHR $4,286,745
IICA $8,993,130
NatGeo $6,793,549
OAS $65,729,568
CAF $36,379,530
CUE $1,312,067
IACHR $4,286,745
Loans
Loan Portfolio Growth
CREDIT COMMITTEE REPORT
STRONGER NUMBERS
Total Shares
$269,634,084
Total Loans
$159,028,429
Net Worth Ratio: 7.53%
Total Assets
$291,962,032
Luis Raul Betances
Fernando Chaves
Charles U. Edwards.
Guided by the very same mission of serving the global financial needs of our members, after 60 years of service, we are proud to be strong and your financial partner for life. We will continue to invest our resources to deliver outstanding service and benefits so that our members can continue to build an even stronger future.
STRONGER IMPACT
Members
Consumer Loans
Share Accounts
Mortgages & other loans
Club accounts & Share Certificates
Loans Disbursed
Draft Checking accounts
Organizations in our Field of Membership
Titanium Award Recipient
2nd highest award recognizing our outstanding home loan production of over $35 million in 2021.
4th United in Sustainability Summit Co-Hosts
Reached more than 116 credit unions and organizations.
FOUNDING MEMBERS
We want to thank the following individuals who got OAS FCU started and made it possible for all of us to be here today. Sixty years later we’re proud to continue working on our founders’ mission: To deliver the best member experience by combining our distinctive personalized services with relevant technologies. And thank you, our members, for 60 years of trust in their vision, and the work we do.
Luis Raul Betances
Fernando Chaves
Charles U. Edwards.
Philip F. Gallagher
Clarence R. Jauchem
Charles P. Miller.
C.A. Orantes
Felipe Orellana
R.G. Sanchez.
Leon K. Smith
Luis Solorzano
Mario Yuri.
MEMORIES AND MILESTONES
OUR GREAT TEAM
Matt Connors
Lead Dev
Christy Walkins
CSS Guru
Brent Matthews
Project Cordinator
Trisha Johnson
Design ExpertLATEST NEWS
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