OnPoint Community Credit Union
Emergency Messages as of 11:27 pm, Thu. Aug. 22
No information currently posted. Operating as usual.
News Releases
Two of OnPoint Community Credit Union's youngest members open OnPoint Savers Accounts at the credit union's branch in Lake Oswego, Oregon.
Two of OnPoint Community Credit Union's youngest members open OnPoint Savers Accounts at the credit union's branch in Lake Oswego, Oregon.
OnPoint Community Credit Union Announces New Savings Account for Youth (Photo) - 08/15/19

PORTLAND, Ore., August 15, 2019— OnPoint Community Credit Union has launched a new OnPoint Savers Account specifically designed for youth ages 17 and younger. This new product is part of the credit union’s ongoing commitment to improve financial wellness for its members and the community.

The OnPoint Savers Account earns a 5.00% APY* for the first $500, which is a higher interest rate than traditional savings accounts. When parents or guardians set up a new membership for their child with a minimum deposit of $25, OnPoint will deposit an additional $55.

The Savers Account is built specifically for kids and it’s not just about the high yield savings and bonus; OnPoint also plans to share tips and tricks with this younger membership designed to help them adopt positive savings habits.

“Financial education is an important part of who we are and we look forward to helping young people adopt healthy money management habits early on in their lives,” said OnPoint President and CEO Rob Stuart. “We invite kids to join their parents at any OnPoint branch to open their new Savers Account and we’ll give them a piggy bank, show them how to use the coin machine and answer any questions they might have about saving.”

According to the Federal Reserve, one in four Americans have not started saving for retirement. It’s never been more important than now to start teaching our kids about short- and long-term saving habits and financial goal setting. In addition to the Savers Account, OnPoint offers online resources for kids and parents on our updated website and new financial education platform.

OnPoint looks forward to being in contact with these young members throughout their banking partnership. When they reach 18, OnPoint will convert their Savers Accounts to a traditional savings accounts, along with providing special offers for products and services.

Opening a Savers Account is easy. Kids and their parent or guardian can stop by any OnPoint branch to get started. To learn more about the OnPoint Savers Account, please visit: https://www.onpointcu.com/onpoint-savers/.

DISCLOSURES

*OnPoint Savers Account rate of 5.00% APY is subject to change. Stated APY is for balances up to $500; balances of $500.01 and higher earn posted Regular Savings Account rate. Account must be established for member age 17 or younger by parent or guardian with a minimum $25 deposit. Parent or legal guardian must be on the membership and present to open the OnPoint Savers Account. When primary member attains the age of 18, accounts will be converted to Regular Savings Account, earning that account’s published rate at that time. Fiduciary memberships, including UTTMA and Minor Settlement Accounts are not eligible for OnPoint Savers. One OnPoint Savers Account per member/TIN. One $55 bonus per tax ID for new members only. Cannot be combined with Refer a Friend bonus or other promotional offers. The full account balance APY is calculated by combining the 5.00% APY earnings on the first $500 with the standard APY on the remaining balance above $500.

Federally insured by NCUA.

ABOUT ONPOINT COMMUNITY CREDIT UNION

OnPoint Community Credit Union is the largest credit union in Oregon, serving more than 378,000 members and with assets of $5.8 billion. Founded in 1932, OnPoint Community Credit Union’s membership is available to anyone who lives or works in one of 13 Oregon counties (Benton, Clackamas, Columbia, Crook, Deschutes, Jefferson, Lane, Linn, Marion, Multnomah, Polk, Washington and Yamhill) and two Washington counties (Skamania and Clark) and their immediate family members. More information is available at: 503-228-7077 or 800-527-3932.

 ###

 

OnPoint Community Credit Union Senior Vice President/Chief Information Officer & HR Executive Jim Armstrong and Branch Manager Andy Jamison-LeGere present a check to Cascade AIDS Project (CAP). The donation covers the cost of a full year's worth of HIV te
OnPoint Community Credit Union Senior Vice President/Chief Information Officer & HR Executive Jim Armstrong and Branch Manager Andy Jamison-LeGere present a check to Cascade AIDS Project (CAP). The donation covers the cost of a full year's worth of HIV te
OnPoint Community Credit Union Donates $44,750 to Cascade AIDS Project (Photo) - 07/24/19

PORTLAND, Ore., July 24, 2019— OnPoint Community Credit Union today announced it will make a $44,750 contribution to the Cascade AIDS Project (CAP) following the credit union’s successful Refer a Friend Campaign in the Spring of 2019.

During the two-month campaign, OnPoint members invited friends, family and business associates to join OnPoint. For every new member who opened a new personal or business OnPoint checking account, OnPoint pledged to make a $50 donation to Cascade AIDS Project. As part of the campaign, both the referring member and the new member also each received $50 from OnPoint.

“OnPoint is truly a community credit union and there’s nothing we are more passionate about than connecting with our community,” said OnPoint CEO Rob Stuart. “Through Refer a Friend, we have the opportunity to welcome new members, reward existing members and honor the great work of organizations like Cascade AIDS Project.”

Founded in 1983 and incorporated in 1985, CAP is the oldest and largest community-based provider of HIV services, housing, education and advocacy in Oregon and Southwest Washington. Since its beginning with a staff of two, CAP has grown to include a staff of over 100 and operates with the support of more than 600 volunteers. OnPoint is pleased to partner with CAP and advance its mission to empower all people with or affected by HIV, reduce stigma and provide the LGBTQ+ community with compassionate healthcare.

“We are grateful to OnPoint Community Credit Union and its members for their contribution to CAP and their ongoing support for our work to empower those affected by HIV, reduce stigma, and provide the LGBTQ+ community with compassionate healthcare,” said CAP Executive Director Tyler TerMeer. “OnPoint’s donation will help fund programs and support services that work to end the epidemic in our community.  This donation covers the cost of a full year’s worth of HIV test kits (over 4500) and allows us to continue to provide free and confidential HIV testing in in our community.”

Those living with HIV face a huge emotional and financial burden. CAP is there for these individuals by providing shelter, life skills training and emotional support. In 2018, CAP provided short and long-term house and support services to 2251 people living with HIV, helped enroll 478 individuals in health insurance, and provided culturally responsive healthcare nearly 600 patients. To learn more about Cascade AIDS Project’s work, visit http://www.cascadeaids.org.

For OnPoint members who would like to join in on giving back, OnPoint has a new Refer a Friend Campaign going on right now, this time benefiting Oregon Food Bank. To learn more, visit https://www.onpointcu.com/rates-rewards/refer-a-friend/.

ABOUT ONPOINT COMMUNITY CREDIT UNION

OnPoint Community Credit Union is the largest credit union in Oregon, serving more than 370,000 members and with assets of $5.5 billion. Founded in 1932, OnPoint Community Credit Union’s membership is available to anyone who lives or works in one of 13 Oregon counties (Benton, Clackamas, Columbia, Crook, Deschutes, Jefferson, Lane, Linn, Marion, Multnomah, Polk, Washington and Yamhill) and two Washington counties (Skamania and Clark) and their immediate family members. More information is available at: 503-228-7077 or 800-527-3932.