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.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
