OnPoint Community Credit Union Celebrates 90 Years and 500,000 Members with $500 Giveaways

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Nov 01, 2022, 14:33 ET

PORTLAND, Ore., Nov. 1, 2022 /PRNewswire/ -- OnPoint Community Credit Union is celebrating 90 years of service and 500,000 members this month with giveaways and prizes. In recognition of these milestones, OnPoint launched a special sweepstakes today for the community to enter for a chance to win a $500 saving deposit.* Ninety winners' names will be drawn at the end of the day on November 30, 2022. Branch staff will also give away OnPoint branded merchandise throughout the month.

"As a financial cooperative, we exist to serve our members and improve the communities we call home," said Rob Stuart, President and Chief Executive Officer, OnPoint Community Credit Union. "Reaching these milestones is a proud moment we share with each of our members, employees and community partners. We look forward to the next 90 years of serving our community and welcoming more members to the OnPoint family."

A longtime OnPoint member is Rhonda Anderson, who joined in 2001. Anderson underwent a hip replacement five years ago and was subsequently forced to retire. She was also almost victim to an IRS scam—until she contacted an OnPoint financial advisor, who calmed her fears and set her on a path to protecting her finances while navigating medical costs. Now the Mill Plain OnPoint Branch is a regular stop for Anderson to bring in her grandchildren, drop off change and catch up with her friends behind the counter.

"I trust them," Anderson said. "I can't wait to wave at my good friends, and I feel like I've known them my entire life. They are like family and they have my best interest at heart."

For Anderson, the work OnPoint put in to make sure information was delivered to her during her rehabilitation, help her manage her money before she was able to use Social Security is something she'll never forget. They've become a partner to her during this phase of life.

"Peace of mind is what comes to mind in being an OnPoint member," Anderson said. "It's a happy place for me."

Vast member-driven growth

Founded as the original Portland Teachers Credit Union by 16 schoolteachers in 1932, OnPoint has quickly grown into one of the largest credit unions serving Oregon and Southwest Washington. OnPoint's membership has increased exponentially over the last 10 years – up 102% since 2012.

To keep pace with its expanding membership, OnPoint embarked upon the largest branch expansion of any credit union in the country in 2021, during a time when other financial institutions closed branches. The reason for expansion was simple – members wanted more accessibility so they could choose to do their banking online or in person within a reasonable distance from their homes. OnPoint heard the call and responded.

90 years of returning profits to members, community

As a not-for-profit financial institution, OnPoint returns profits to its members in the form of reduced fees, higher savings rates and lower loan rates. OnPoint also reinvests its profits into the communities it serves, donating over $2.2 million to 277 non-profits in 2021 across Oregon and Southwest Washington.

With a growing network of 55 branches in Oregon and SW Washington, becoming an OnPoint member has never been easier. Visit www.onpointcu.com/join to learn about the benefits of being an OnPoint member and how to join.

ABOUT ONPOINT COMMUNITY CREDIT UNION

Founded in 1932, OnPoint Community Credit Union is the largest credit union in Oregon, serving more than 500,000 members and with assets of $9.2 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.

*No purchase is necessary. All entries have an equal chance of winning.

How to enter: During the promotional period, which occurs during normal business hours between November 1, 2022 and November 30, 2022, visit any OnPoint branch to complete and submit an entry form. Hours vary by location, call 503.228.7077 or visit onpointcu.com for branch locations and hours. Limit one entry per person and a maximum of one prize per person.

Prize and drawing details. On Thursday, December 1, OnPoint will randomly select one (1) winner from all eligible entries from each OnPoint Fred Meyer location and two (2) winners from all eligible entries at each of the other 35 OnPoint locations. Each of the 90 winners will receive either: a $500 direct deposit into their OnPoint checking or savings account, or a cashier's check (if the winner is not an OnPoint member). Winner does not need to be present to win. All federal, state, local taxes and all other expenses relating to the prize(s) are the sole responsibility of the winner. No prize substitutions or transfers are permitted except at the sole discretion of OnPoint. Odds of winning depend on the number of eligible entries received during the promotion period.

Notification: Winner does not need to be present to win. OnPoint will contact the winner at the phone number or email address listed on the winning entry form. The winner will have ten (10) calendar days from notification to accept the prize by contacting the OnPoint Marketing department at 503.228.7077 ext. 5268. The winner will be responsible for transporting the prize from OnPoint's premises, if applicable. If a selected winner fails to claim a prize, an alternate winner will be selected. By accepting and/or using the prize, the winner agrees to the use of his/her name and likeness for the purpose of advertisement, trade, or promotion without further compensation, unless prohibited by law.

General Conditions: By participating in the OnPoint 90 Year Celebration Sweepstakes, entrants agree to indemnify and hold harmless OnPoint and its respective agents, representatives, affiliates, subsidiaries, and employees from any injuries, losses, damages, claims, and actions of any kind resulting from or arising from participation in the OnPoint 90 Year Celebration Sweepstakes or acceptance, possession, use, or inability to use the prize that may be awarded. OnPoint is not responsible for printing or typographical errors on any OnPoint 90 Year Celebration Sweepstakes-related materials; or for stolen, lost, late, misdirected, damaged, incomplete, mutilated, postage due, or illegible entries. If in OnPoint's opinion, there is any suspected or actual evidence of tampering with any portion of the OnPoint 90 Year Celebration Sweepstakes drawing, or any action that affects the administration, integrity, security, fairness, or proper conduct of the OnPoint 90 Year Celebration Sweepstakes drawing, OnPoint reserves the right at its sole discretion to disqualify any individual who tampers with the entry process and void any entries OnPoint believes have been submitted fraudulently, to modify or suspend OnPoint 90 Year Celebration Sweepstakes, or terminate the OnPoint 90 Year Celebration Sweepstakes and conduct a random drawing to award the prizes using all non-suspect entries received as of the termination date. For a list of the prize winners, send a stamped, self-addressed envelope to OnPoint Community Credit Union, PO Box 3750, Portland, OR 97208-3750, Attn: Marketing Services – OnPoint 90 Year Celebration Sweepstakes after the end of the promotion period. The list will be available to requests received on or before December 12, 2022.

Eligibility: OnPoint 90 Year Celebration Sweepstakes is open to all individuals eighteen (18) years or older as of November, 1, 2022. OnPoint employees, directors, board members, volunteers, and individuals living in the same household are ineligible. Void where prohibited or restricted by law. OnPoint 90 Year Celebration Sweepstakes is subject to all applicable federal, state, and local laws and regulations. By participating, entrants agree to these official rules and accept decisions of OnPoint as final in all matters relating to this promotion.

SOURCE OnPoint Community Credit Union