OnPoint Community Credit Union Donates $100,000 to Financial Beginnings and Junior Achievement
June 30, 2020
OnPoint Community Credit Union, based in Portland, recently made two $50,000 donations to Financial Beginnings Oregon and Junior Achievement of Oregon and Southwest Washington, advancing its mission to build strong communities by supporting financial well-being.
“Learning how to manage money is an essential skill that will support you throughout your life,” said Rob Stuart, President and CEO of OnPoint. “Expanding our partnership with Financial Beginnings Oregon and Junior Achievement will allow us to engage more people, equipping them with the personal finance skills they need to achieve their own definition of financial well-being.”
OnPoint has partnered with Financial Beginnings since 2008, donating a total of $204,000 and sending 89 employee volunteers into schools and community groups to teach people of all ages about personal finance. OnPoint’s recent donation is Financial Beginning Oregon’s first $50,000 Impact Level sponsorship. The funds will support the nonprofit’s Pathways program, a statewide financial literacy program that helps students navigate the financial complexities of pursuing education after high school.
“Developing financial literacy skills supports equitable access to life opportunities such as homeownership, higher education, and secure retirement,” said Financial Beginnings Oregon’s Executive Director, Kate Benedict. “The expertise and enthusiasm shown by OnPoint volunteers have changed thousands of lives by inspiring people of all ages to play an active role in their financial well-being. The credit union’s continued generosity will help inspire and empower many more communities across the region.”
Since 2019, OnPoint has donated $70,000 to Junior Achievement and sent staff volunteers to Oregon and Southwest Washington schools to teach money management skills to students. OnPoint’s $50,000 donation will engage 1,300 students through in-person classes in the 2020-2021 school year and will provide 4,000 volunteers and 500 teachers in the region with new online training materials. Junior Achievement recognized OnPoint as its 2020 Partner in Financial Literacy for its donation and continued partnership.
“As our partner in financial literacy, OnPoint’s investment will help provide young people in our region with the knowledge, skills, and experiences to be money-smart and career-ready,” said Ryan Deckert, President of Junior Achievement. “Junior Achievement is proud to collaborate with such a fine, respected financial institution here in Oregon and SW Washington.”
The Northwest Credit Union Association and Northwest Credit Union Foundation love the work Financial Beginnings and Junior Achievement do with credit unions. NWCUF has been a long-standing supporter of both organizations across the region, as these partners focus increasing financial capabilities through education and volunteerism. Their support and participation in NWCUF’s mission is critical to driving impact in communities throughout the Northwest.
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Posted in Financial Education.