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OnPoint Community Credit Union, (colloquially OnPoint), is an American credit union based and headquartered in Portland, Oregon. [ 1 ] It operates 55 branches throughout Oregon and Washington with $9.4 billion in assets and 503,078 members.
It was founded as Lane Federal Credit Union, called U-Lane-O Credit Union from 1981 to 2003, then Oregon Community Credit Union up until 2016. OCCU received approval to convert to a community charger and change its name to Oregon Community Credit Union from U-Lane-O, allowing anyone living or working within a 10-county area to become a member.
Bankrate insight. There were 4,614 banks and 4,645 credit unions that were federally insured in the third quarter of 2023. (FDIC and NCUA)While the number of credit unions declined from the ...
The National Credit Union Administration is the U.S. independent federal agency that supervises and charters federal credit unions. As of December 31, 2022, there were 4,760 federally insured credit unions in the United States with 135.3 million members.
Organizational Structure. A credit union is a tax-exempt, member-driven organization that aims to share its profits with members. Those profits go back to members as reduced rates for loans and ...
All of their money would be protected by the NCUSIF. If that same individual has $350,000 in share accounts at one credit union, their $350,000 would only be insured up to $250,000. Credit union ...
OnPoint Credit Union, Pet Place, and a frozen yogurt store at Crossroads at Orenco Station in en:Hillsboro, Oregon. (OnPoint moved out of this space and into a larger space at Crossroads mall [in a former Bank of the West branch building] in 2014.)
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