AMBA #2020-003
03 April 2020
Subject: AFFN-AMBA Free Passageways/OnBoard Offer
We hope this AMBAgram finds you, your families, and your colleagues healthy and safe as we deal with the health and economic impact of COVID-19. As in any crisis America has faced in its history, Americans have stepped up to fight our common enemy and to support each other. Our AMBA members and partners are no exceptions. Last week, we announced a phenomenal offer by AMBA member StreetShares Platform to provide its loan origination software free of charge to any other AMBA member bank. Mark Rockefeller, StreetShares Platform’s CEO, reported that as of yesterday nearly 10,000 Small Business Administration Paycheck Protection Program applicants have been pre-qualified for a total of $2 Billion. That’s incredible! We hope you took advantage of this offer, which will help you deal with the many SBA PPP loans you’re no doubt being asked to extend to your business customers.
In this AMBAgram, we announce another example of an AMBA partner offering free services intended to help you deal with your bank’s COVID-19 challenges. Today, the Armed Forces Financial Network announced our partnership with OnBoard to extend its remote meeting management solutions free of charge for 5 months. If your boards, committees, and staffs are now working from home as we all engage in “social distancing” to defeat this pandemic, this platform, which includes a free Zoom Pro license, will greatly assist in your collaboration efforts.
Attached is a flyer announcing this program, its benefits, and its terms. As an OnBoard user, I can personally attest to its ease of use and its effectiveness as a collaboration tool.
Thank you, OnBoard, for stepping up to help our members and their employees as we fight this pandemic together.
Here’s the COVID-19 Passageways-OnBoard Offer flyer.