OnPoint Community CU Enters State’sSecond Largest Market

EUGENE, Ore. - (06/15/06) – OnPoint Community CU said itwill open a branch in Eugene, two years after a failed merger witha local credit union that would have established a foothold in thestate’s second largest city. OnPoint, formerly known asPortland Teachers CU, plans to open a 4,300 square-footfull-service service center to serve fast-growing Lane County.OnPoint, which claims $2.1 billion in assets, tried to enter theEugene market by a proposed merger with Eugene-based OregonCommunity CU in 2004, but the deal eventually wasscotched.