OnPoint Community CU Enters StatesSecond Largest Market

June 15, 2006, 1:00 a.m. EDT 1 Min Read

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 thestates 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.

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