OnPoint’s Refer a Friend campaign pledged $50 to the Oregon Food Bank for every new account opened, resulting in 786 new member accounts and a $39,300 donation to the non-profit.
PORTLAND, Ore., July 5, 2022 — OnPoint Community Credit Union today announced a $39,300 donation to the Oregon Food Bank as a result of its seventh Refer a Friend campaign benefiting local non-profits.
During the campaign, which ran from February 1 to March 31, OnPoint donated $50 to the Oregon Food Bank for each new account opened through Refer a Friend. Referring and new members also received $50* each from OnPoint.
OnPoint started the Refer a Friend non-profit program in 2018 to provide members with the opportunity to support local community organizations, and to introduce friends and family to OnPoint’s full range of financial services. Since the launch of the Refer a Friend program, OnPoint has donated $262,400 to six non-profit organizations.
“As prices continue to rise, our community members are struggling to afford essential items to survive, particularly food,” said Rob Stuart, President and Chief Executive Officer, OnPoint Community Credit Union. “We are proud to support Oregon Food Bank in its fight to eliminate hunger, and hope our donation joins other grants to help alleviate some of the stress our community is facing during this critical time.”
OnPoint’s donation will support the work of the Oregon Food Bank which includes making free and nutritious food accessible in the community through its network of 21 regional food banks, 1,400 partner agencies and free food markets.
“Every day we hear stories about the challenges the community faces in affording their next meal, especially those who disproportionately experience hunger across our service area — Black, Indigenous and all People of Color, immigrants and refugees, trans and gender-nonconforming individuals, single mothers and caregivers — and we want to be able to do anti-hunger work by making free and nutritious food accessible and culturally appropriate,” said Celia Ferrer, Community Philanthropy Manager, Oregon Food Bank. “It is important for us to do this work in ways that honor and value lived experiences from community members because we believe this will allow us to help develop a stronger and more resilient community. We can’t do it alone, and we are grateful for the donation and support from OnPoint and its members.”
OnPoint members interested in learning more about the Refer a Friend program can visit www.onpointcu.com/refer or their local OnPoint branch.
ABOUT ONPOINT COMMUNITY CREDIT UNION
Founded in 1932, OnPoint Community Credit Union is the largest credit union in Oregon, serving more than 483,000 members and with assets of $9.3 billion. OnPoint 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. More information is available at www.onpointcu.com or 800-527-3932.
ABOUT OREGON FOOD BANK
At Oregon Food Bank, we believe that food and health are basic human rights for all. We know that hunger is not just an individual experience; it is also a community-wide symptom of barriers to employment, education, housing and health care. That’s why we work on two fronts in our mission to end hunger in Oregon: we build community connections to help people access nutritious, affordable food today; and we build community power to eliminate the root causes of hunger for good. For more information, visit www.oregonfoodbank.org.
*Consumer referral: To participate, you must open a new membership with a personal checking account and receive a direct deposit of at least $100 to that account within 60 days of the open date. A bonus of $50 will be credited to the accounts of you and the friend who referred you approximately 60 days after the new account is opened. Accounts must be open and in good standing at the time of payout to receive the bonus. As of 1/1/2022, APY (annual percentage yield) for Interest Checking is 0.05%. APY is subject to change. $500 minimum balance for Interest Checking; no minimum balance for OnPoint Checking. When the Interest Checking average monthly balance falls below $500, a $7 monthly service fee applies. Fees may reduce earnings.
Business referral: To participate, you must open a new membership with a business checking account and receive $250 in deposits to that account within 60 days of the open date. A bonus of $50 will be credited to the accounts of you and your friend who referred you approximately 60 days after the new account is opened. Accounts must be open and in good standing at time of payout to receive the bonus.
We will inform your friend or business associate about your account opening when we credit the $50 to their account. The bonus will be included on a 1099-INT for tax purposes. Cannot be combined with other offers for opening a new membership, such as new branch promotions or OnPoint Savers.
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