PORTLAND, Ore., September 26, 2023—OnPoint Community Credit Union has donated a total of $105,603 directed to Latino Network, FACT Oregon and Rebuilding Together Portland. The donations were made as part of the credit union’s seventh annual employee giving campaign. Each year, OnPoint provides every employee with $100 to split however they wish between three nonprofits making a difference in the community. This year’s campaign resulted in donations of $33,101 to Latino Network, $34,951 to FACT Oregon and $37,551 to Rebuilding Together Portland.
To expand its impact across the region, OnPoint divided another $25,000 among five regional nonprofits: Community Outreach through Radical Empowerment (Eugene), Yamhill Enrichment Society (McMinnville), Saving Grace (Central Oregon), Creating Opportunities (Salem) and The Giving Closet (SW Washington).
“OnPoint has worked to improve the lives of the people in our community for over 90 years,” said Rob Stuart, President and Chief Executive Officer, OnPoint Community Credit Union. “Supporting organizations that share similar values is something we pride ourselves in. We are honored to support Latino Network, FACT Oregon and Rebuild Together Portland and thank them for all they do for our neighbors.”
OnPoint employees have donated more than $600,000 to 23 local non-profits since the annual campaign began in 2017. Past recipients have included NAYA (Native American Youth and Family Center), Hacienda CDC and the Oregon Zoo.
About this year’s recipients
Latino Network was founded in 1996 to advocate for the needs of the growing Latino community in Multnomah County. Latino Network addresses issues like low achievement scores, youth violence and high dropout rates by promoting early literacy, encouraging parent involvement, working with gang-involved and adjudicated youth and families and providing academic support and activities to high school-aged youth. It also builds leadership capacity for youth and adults. Visit https://www.latnet.org/ to learn more.
"Our staff and board at Latino Network are extremely grateful for the trusted partnership we have with the team at OnPoint Community Credit Union,” said Juan Martinez, Director of Philanthropy, Latino Network. "They understand that the growing Latine community continues to face barriers to access to healthcare, education and affordable housing. OnPoint's generous support and investment to ensure a thriving Latine community is key to a brighter future for a better Oregon."
FACT Oregon is a parent-led organization that strives for disability equity, empowering families and youth navigating disability to access and advocate for the supports and opportunities they need to thrive at home, in school, and in community. Peer-delivered services include a Support Line, trainings, resources, technical assistance, community engagement, and advocacy. Since 2012, FACT Oregon has served as Oregon's Parent Training and Information Center for Special Education. To learn more, visit https://factoregon.org.
"Families navigating disability are hungry for support, resources, and action to improve opportunities and outcomes for people with disabilities,” said Christy Reese, Executive Director, FACT Oregon. “We are thrilled to have the support of partners like OnPoint to help us serve families, youth, and partners across Oregon, bring family voices to decision-making tables, and further equity in our schools and communities."
Rebuilding Together Portland has helped provide critical home repairs, modifications and improvements for low-income homeowners for more than 30 years. The organization focuses on assisting the elderly, people with disabilities, families with children and veterans at no cost to those served. Its work includes carpentry, electrical, painting, plumbing, flooring, home safety modifications (such as ADA and handrails or wheelchair ramps), debris removal and more. Learn more about Rebuilding Together Portland’s mission at https://www.rtpdx.org/.
"An estimated 30,000 Portland homeowners live at or below the poverty line,” said Stephanie Luyties, Executive Director, Rebuilding Together PDX. “The work we do at Rebuilding Together PDX significantly improves the lives of dozens of Portland homeowners each year, a number we're working to expand with the generosity of our local community partners such as OnPoint.”
To learn more about OnPoint’s commitment to building strong communities, visit onpointcu.com/community-giving.
ABOUT ONPOINT COMMUNITY CREDIT UNION
OnPoint Community Credit Union is the largest credit union in Oregon, serving over 522,000 members and with assets of $8.7 billion. Founded in 1932, OnPoint Community Credit Union’s membership is available to anyone who lives or works in one of 28 Oregon counties (Benton, Clackamas, Clatsop, Columbia, Coos, Crook, Curry, Deschutes, Douglas, Gilliam, Hood River, Jackson, Jefferson, Josephine, Klamath, Lane, Lincoln, Linn, Marion, Morrow, Multnomah, Polk, Sherman, Tillamook, Wasco, Washington, Wheeler and Yamhill) and two Washington counties (Skamania and Clark) and their immediate family members. OnPoint Community Credit Union is federally insured by the National Credit Union Administration (NCUA). More information is available at www.onpointcu.com or 503-228-7077 or 800-527-3932.
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Harding will oversee the credit union’s growth in the commercial market
PORTLAND, Ore., September 19, 2023—OnPoint Community Credit Union has hired banking and commercial strategy expert Bob Harding as Senior Vice President and Chief Commercial Officer. He joins the Executive Team of Oregon's largest credit union with more than 522,000 members and $8.7 billion in assets.
As Chief Commercial Officer, Harding leads OnPoint's commercial lending team, advancing growth in the commercial market while deepening banking relationships with businesses across the region. Harding previously served as Regional Managing Director for First Republic Bank and has held senior leadership positions at Pacific West Bank, Columbia Bank and Pacific Continental Bank.
"We are excited to welcome Bob to the OnPoint team. He brings more than 20 years of banking experience and an impressive commitment to improving his community through public service," said Rob Stuart, President and Chief Executive Officer, OnPoint Community Credit Union. "He's a proven strategist, driving growth while developing initiatives to achieve goals. Bob will continue our mission of supporting the financial well-being of our members and the communities we serve."
Harding's 20 plus years of experience include private and nonprofit banking, residential and multi-family lending, investment management and financial planning. Harding will guide OnPoint's strategy in his new role, driving sales, marketing and product development through relationship-based leadership.
"I'm honored to join the OnPoint team, a financial organization that values integrity and commitment to community," said Harding. "Together, we will continue to offer products and services that enhance OnPoint's banking connections with local businesses and non-profits."
Harding serves as board chair for the Children's Institute. He is passionate about early childhood educational programs that ensure all children have equal opportunity and access to programs that support emotional well-being. He is also a board member of Educational Opportunities for Children and Families (ECOF).
Harding received his Bachelor of Arts from Oregon State University and his master’s degree in business administration from George Fox University. In his free time, he enjoys gardening, outdoor activities, urban farming, woodworking and spending time with his family.
The OnPoint Executive Team is comprised of the following members:
- Rob Stuart, President/Chief Executive Officer
- Cirith Anderson, Senior Vice President/Chief Risk Officer
- Jim Armstrong, Senior Vice President/Chief Information Officer
- Tim Clevenger, Senior Vice President/Chief Marketing Officer
- Patty Groman, Senior Vice President/Chief People Officer
- Bob Harding, Senior Vice President/Chief Commercial Officer
- Jim Hunt, Senior Vice President/Chief Financial Officer
- Steve Leugers, Senior Vice President/Chief Credit Officer
- Tory McVay, Senior Vice President/Chief Retail Officer
- Wendy Beth Oliver, Senior Vice President/Chief Legal Officer
ABOUT ONPOINT COMMUNITY CREDIT UNION
OnPoint Community Credit Union is the largest credit union in Oregon, serving over 522,000 members and with assets of $8.7 billion. Founded in 1932, OnPoint Community Credit Union’s membership is available to anyone who lives or works in one of 28 Oregon counties (Benton, Clackamas, Clatsop, Columbia, Coos, Crook, Curry, Deschutes, Douglas, Gilliam, Hood River, Jackson, Jefferson, Josephine, Klamath, Lane, Lincoln, Linn, Marion, Morrow, Multnomah, Polk, Sherman, Tillamook, Wasco, Washington, Wheeler and Yamhill) and two Washington counties (Skamania and Clark) and their immediate family members. OnPoint Community Credit Union is federally insured by the National Credit Union Administration (NCUA). More information is available at www.onpointcu.com or 503-228-7077 or 800-527-3932.
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OnPoint Community Credit Union’s seven-step checklist highlights the importance of financial readiness amid uncertain times
PORTLAND, Ore., September 13, 2023 – September marks National Preparedness Month, the perfect time to review how financially prepared you are for the unexpected.
To help you assess your readiness, OnPoint Community Credit Union has released a seven-step financial preparedness checklist.
In the Portland metro area, the risk of a natural disaster to people and property is “relatively high.” That’s according to the Federal Emergency Management Agency’s Risk Index. The greatest threats include earthquakes, extreme heat, flooding and wildfires.
“Financial preparedness is crucial for navigating life’s uncertainties. The last few years have shown us how unexpected events can impact budgets and long-term financial goals,” said Rob Stuart, President and Chief Executive Officer, OnPoint Community Credit Union. “Practicing these steps today will help you get through the challenges that may come tomorrow.”
OnPoint’s checklist includes:
Boost your financial knowledge. Financial education pays off in times of crisis, but a seven-question financial literacy survey showed that most Oregonians were unable to answer more than three questions correctly.
Expand your financial knowledge by speaking with the team at your local credit union or bank. The staff can provide guidance, tools and resources to help with your journey toward financial preparedness, including:
- Creating and maintaining a budget by tracking income and expenses
- Establishing a savings plan
- Exploring investment options to grow money over time
Build an emergency fund. Nearly 25% of consumers lack an emergency fund. An emergency fund can act as a safety net in case of unexpected expenses, job loss, or emergencies, helping you avoid falling into debt. Establish a separate savings account and set aside three to six months’ worth of living expenses. Saving just $10 a week can prepare you for life’s emergencies.
Review insurance coverage. Review your health, life, home, renters and auto insurance policies to gain a clear understanding of what is covered. For instance, policies may exclude flooding or earthquakes. Consider additional coverage if necessary. If you’ve recently remodeled, be sure to update your policy to reflect the new value of your home.
Take a home inventory. Keeping an inventory of your home helps you file insurance claims more efficiently in the event of a fire, flood, or theft. Go room by room, document each item and list details like purchase date and price. Take photos or videos and attach receipts, especially for valuable items. Consider using an inventory app to create and store the list digitally.
Protect important records. Keep copies of essential documents, such as identification, insurance policies, wills, and financial records, in a secure location like a safety deposit box or fireproof safe. Quick access to these records allows you to handle financial matters during a crisis more efficiently.
Assemble an emergency kit. An emergency kit—or “go-bag”—helps keep essentials together in case you must evacuate quickly. But the cost of supplies can add up. Prioritize the more critical items, such as non-perishable food, water, first-aid items, flashlights and batteries. Purchase items from discount retailers or repurpose items you already have, like an old backpack.
You can also buy items in bulk to reduce the cost per unit, or gradually purchase items when they are on sale. Check out a comprehensive list of supplies at https://www.ready.gov/kit.
Solidify an estate plan. An estate plan ensures that decisions about assets, finances and healthcare are made according to your preferences. To create an estate plan, you should:
- Take an inventory of your assets. Include items such as your home and other real estate, vehicles, valuable collectibles, checking and savings accounts, life insurance policies and retirement plans.
- Put in place a last will and testament. Having a last will and testament ensures your beneficiaries receive the assets you want to leave them. You can name an executor who is responsible for paying your debts and distributing the remainder of your estate according to your wishes.
- Establish your directives. Set up a living will to help medical providers know if and when you want treatment. Consider putting your assets in a trust and designating a trustee, or a power of attorney who can manage your finances.
- Keep them up to date. Estate plans should be updated every three to five years, or after a significant life event.
Financial preparedness is an ongoing process, but taking proactive steps can better equip you to navigate unexpected challenges that may come. Learn more about how to prepare by visiting one of OnPoint’s 56 branch locations to speak with a team member today.
ABOUT ONPOINT COMMUNITY CREDIT UNION
OnPoint Community Credit Union is the largest credit union in Oregon, serving over 522,000 members and with assets of $8.7 billion. Founded in 1932, OnPoint Community Credit Union’s membership is available to anyone who lives or works in one of 28 Oregon counties (Benton, Clackamas, Clatsop, Columbia, Coos, Crook, Curry, Deschutes, Douglas, Gilliam, Hood River, Jackson, Jefferson, Josephine, Klamath, Lane, Lincoln, Linn, Marion, Morrow, Multnomah, Polk, Sherman, Tillamook, Wasco, Washington, Wheeler and Yamhill) and two Washington counties (Skamania and Clark) and their immediate family members. OnPoint Community Credit Union is federally insured by the National Credit Union Administration (NCUA). More information is available at www.onpointcu.com or 503-228-7077 or 800-527-3932.
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