Become a member and enjoy the benefits
With membership over 188,000 OnPoint is one of Oregon’s largest locally owned financial institutions, which means that you can rely on the stability and strength of our organization. As an OnPoint member, you are part-owner of a nonprofit financial cooperative. And because OnPoint is nonprofit, that means more value for our members in the form of higher savings rates, lower loan rates and expanded products and services.
Why join a credit union?
If you have never been exposed to the options available through a credit union, you may not see a clear distinction between a credit union and a bank. Although both are financial institutions that offer a variety of products and services there are several significant differences between the two.
| |
Credit Unions |
Banks |
| Type of Organization |
Financial cooperative
Not for profit, but for service |
Generate profit for shareholders
|
| Who Can Join |
Anyone within a designated field of membership
|
Anyone |
| Who Owns It |
Members |
Shareholders |
| Board Of Directors |
Volunteer members (unpaid) |
Shareholders (paid) |
| Income Comes From |
Interest from loans, non-interest income |
Fees, interest from loans, business accounts and investments |
| Income Goes To |
Members |
Shareholders |
| Interactions With Like Financial Institutions |
Cooperative |
Competitive |
| Deposits Federally Insured By |
NCUA (National Credit Union Administration) |
FDIC (Federal Deposit Insurance Corporation) |
How to Join
Simply fill out our membership application. Once we have received your application, we will contact you regarding its status. Join now through December 31, 2008 and we'll waive the $10 membership fee.* A $5 opening deposit is all it takes to open your savings account.
Are there any other requirements to maintain your membership? Only one: you need to keep at least $5 in your savings account. That's all it takes for you to be a lifetime member of one of the oldest credit unions in Oregon!
*One-time $10 membership fee will be waived on new memberships opened through 12/31/08. Ask us for details.
Who May Join
Membership in OnPoint Community Credit Union is open to everyone who lives or works in Benton, Clackamas, Columbia, Lane, Linn, Marion, Multnomah, Polk, Washington, and Yamhill counties in Oregon and Clark and Skamania counties in Washington. Membership is also open to family members of current OnPoint Community Credit Union members.
|
home | online banking login | rates & calculators | join now
