At OnPoint, we strive to deliver smart financial solutions and a higher standard of service.
Our mission is to promote the financial well-being of our members by being the preferred provider of consumer and business products and services and to ensure the safety and soundness of our credit union. We accomplish this through:
OnPoint was founded in 1932 as Portland Teachers Credit Union. Sixteen schoolteachers gathered to create a safe place to save their money and to provide low-cost loans for those looking to build a better life.
Since then, our mission has remained the same – to promote the financial well-being of our members and to ensure the safety and soundness of our credit union. Keeping that mission alive has prompted a few changes along the way.
In 2005, Portland Teachers Credit Union was granted a community charter, meaning we were able to serve anyone living or working in Benton, Clackamas, Columbia, Lane, Linn, Marion, Multnomah, Polk, Washington and Yamhill counties in Oregon. To reflect our expanded membership, we changed our name to OnPoint Community Credit Union. In 2007, we amended our charter to include those living or working in Clark and Skamania counties in Washington. In 2009, our charter grew again as we moved to include those living or working in Deschutes County in Oregon. And in 2011, our charter was further expanded to include those living or working in Crook and Jefferson counties in Oregon.
OnPoint has been improving the lives of our members and the communities we serve including the cities of Portland, Vancouver, Eugene, and Bend for over 80 years. We have grown to be the largest community-owned financial institution in Oregon with over 285,000 loyal members. We look forward to building on our legacy of service and making dreams come true for many generations to come.
Access all the information you need regarding Board Elections, including how to submit your application for nomination to the OnPoint Board of Directors.
We’re a local credit union looking to make your life easier with smart financial solutions, personalized service, and local expertise.
View our current and past year's annual reports, which share highlights of the year, as well as provide specific details of our assets and liabilities.
You can be confident your hard-earned money is safe and secure with OnPoint Community Credit Union. With over 80 years of banking know-how and the strength of over 285,000 members behind us, OnPoint has grown into a financial institution that, year after year, is financially sound and remains a safe place for your money.
As a member-owned cooperative, we carefully review our products and services, lending processes and business practices on an ongoing basis to ensure we maintain the integrity of the credit union and interests of our members. We don’t engage in risky investments or lending and are highly prudent in our money management. Our first priority is always our members’ financial success.
OnPoint’s financials underscore that the credit union is well capitalized and well managed. All OnPoint account deposits are insured up to $250,000 under the National Credit Union Share Insurance Fund (NCUSIF), administered by the National Credit Union Administration (NCUA). NCUSIF, like FDIC, is a federally insured fund backed by the full faith and credit of the U.S. Government. The Emergency Economic Stabilization Act of 2008 increased federal savings insurance coverage from $100,000 to $250,000. Standard account deposits are federally insured to at least $250,000; if you have a retirement account with OnPoint, it’s insured up to $250,000 as well.
For more information about the insurance that protects your deposits, How Your Accounts Are Federally Insured provides an overview of NCUA insurance and Your Insured Funds is a more detailed review of this subject.
Our practices, procedures and protections all exist to ensure your money is working to help you achieve your financial goals. If you have questions, we invite you to call Member Services at 503.228.7077 or 800.527.3932 (M–F 7:00 am - 7:00 pm; Sat 9:00 am - 1:00 pm).