LAngford Computer support

The Oakwood System is one of the longest established and most trusted systems in the marketplace. Originally developed in 1986, Oakwood is unique in that it is now a Credit Union accounting system fully owned and controlled by Credit Unions. The system was purchased by the Oakwood Users Group in 1997 (under the company name Stillglade). The users retain ownership and full control of the system; they also dictate the schedule of future developments and retain control of costs. The Oakwood users have helped shaped the system to cater specifically to their needs in a rapidly changing and challenging environment for Credit Unions. Developments on the Oakwood system adhere strictly to legislation and provide all the necessary functionality to fulfil the user’s legislative and compliance requirements. It is fully compliant with all Central Bank / FSA guidelines and ILCU requirements. 

The Oakwood User Group (Stillglade) model has a co-operative ethos at its core. The system maintenance and development funding is operated on a cost recovery / break even basis. With the Oakwood system all developments and enhancements to the system are incorporated into the Annual Maintenance Fee. Updates are issued regularly at no additional cost thus ensuring that all users always have the most up to date version of the software. Unlike other commercial systems, you will never need to purchase a new “version”. Smaller Credit Unions are not at a disadvantage as the annual maintenance fee is scaled in relation to the size of your credit union, this enables all member Credit Unions to avail of all functionalities in a very cost-effective manner.