New location provides the community with easy access to a full suite of financial services, financial education tools and resources
OnPoint Community Credit Union will open its first branch in Corvallis on May 15, 2023, increasing the community’s access to financial services. OnPoint’s new Corvallis Branch, located in the Fred Meyer at 777 NW Kings Blvd., is its 56th branch to serve Oregon and Southwest Washington.
“When the future of the economy is uncertain, people need convenient access to financial services,” said Rob Stuart, President and Chief Executive Officer, OnPoint Community Credit Union. “Expanding on our partnership with Fred Meyer by opening our first Corvallis Branch connects us directly with the people who live and work in this community. Now they can easily access their funds or financial expertise where they buy groceries, gas and home products. We are thrilled to build out our presence in Benton County and serve our new neighbors.”
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Branch details and special member promotions
OnPoint’s Corvallis Branch will offer the community a robust suite of financial services, including new membership enrollment, consumer and commercial lending, mortgages, financial planning, ATM and notarization. The community is invited to meet the OnPoint Corvallis Branch staff at the grand opening event on Saturday, June 3, from 9 a.m. to 3 p.m. and enter for the chance to win a $500 Visa gift card*.
OnPoint will also offer new members special grand opening promotions at the Corvallis Branch through August 15, 2023. Specific promotions include:
- $200 for new members opening a consumer or business checking account1
- $50 for opening a new credit card2
- $800 off closing costs on a first mortgage3
- Up to $175 off a home equity line of credit4
- 0.25% off standard APR consumer loan rates5
- 0.25% APY increase on any published CD rate6
Miguel Bedolla will serve as Branch Manager of OnPoint’s new Corvallis Branch. Bedolla has led OnPoint’s Albany Branch within Fred Meyer since its opening in July 2021 and has been in the financial services industry for eight years. He also earned his bachelor’s degree in finance from Oregon State University.
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“We are excited to open OnPoint’s newest branch in Corvallis,” said Miguel Bedolla, Branch Manager. “Our team looks forward to helping members of the community achieve their financial goals, while also developing deep partnerships with non-profits and businesses to support Corvallis’ most critical needs.”
OnPoint’s new branch will provide educational tools and resources to support the financial health of the community. Members of the new Corvallis Branch will also have access to confidential and complimentary one-on-one financial counseling, debt management services, and financial education resources through OnPoint’s partnership with GreenPath Financial Wellness.
Strengthening community ties
In celebration of the Corvallis Branch opening, OnPoint will donate $5,000 to The Boys & Girls Club of Corvallis (BGCC). Since 1975, BGCC has offered after-school care programs for youth in grades K-12 in Corvallis and surrounding areas. BGCC’s after-school programs provide students with structure and enrichment to engage and inspire them to realize their full potential. Programs are focused on mentorship, academic assistance, athletics, technology, art, music and more. BGCC serves over 3,000 members ages 5-18 and provides outreach services to more than 5,000 youth across Benton County.
“The Boys & Girls Club of Corvallis is excited to have OnPoint Community Credit Union join our community. The generosity of OnPoint allows the Club to continue its mission to engage and inspire youth to reach their full potential through enriching programs and mentorship in a positive environment,” said Laura Orth, Development Director, BGCC. “Thank you, OnPoint, for investing in the children and teens of our community, because great futures start here!”
OnPoint invests in the communities it serves by supporting local organizations that positively impact its membership area. In 2022, OnPoint’s annual giving program hit a new record, donating a total of $2.3 million to more than 377 non-profits in Oregon and Southwest Washington.
Continued investment in banking access
The new Corvallis location builds on OnPoint’s recent investments in new neighborhood branches, providing greater banking access to communities. Since 2021, OnPoint has opened 21 branches within Fred Meyer stores.
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