PORTLAND, Ore.-- OnPoint Community Credit Union's 10th branch has set new records.
The Coburg Road branch grand opening drew 558 new memberships and $27.5 million in CD and additional deposits. According to OnPoint officials it was the highest volume grand opening in the credit union's 74-year history. "We attribute this extremely successful opening to increased interest from Eugene residents in having a full-service OnPoint branch, our very competitive 7.5% CD and the branch's great location in one of the city's most vibrant new retail developments," said OnPoint Community CU President/CEO Rob Stuart. The highly popular 12-month CD was offered for just four hours and lines had formed well before the branch's 9 a.m. opening. As a demonstration of its commitment to the community the credit union also presented a $2,500 check to Food for Lane County.
"This is our first contribution to Food for Lane County but it won't be the last," Stuart said.
He noted that OnPoint has made a commitment to helping Oregon Food Bank and its affiliates for 2007.