OnPoint Fights Climate Change; Supports The Nature Conservancy in Oregon

As community-minded cooperatives, credit unions care about the places where their members live, work, and play. It’s in that spirit that many of them are fierce proponents of combating climate change and its effects on the planet.

Over the past few years, OnPoint Community Credit Union in Portland has made a clear commitment to fight climate change. This past April, the organization announced its Green Horizons initiative, which makes it more affordable for people in Oregon and southwest Washington to adopt new sustainable technology.

It has also taken steps to reduce its carbon footprint with telecommuting programs, environmental education, employee volunteer opportunities, and donations to environmentally-focused organizations.

One of those organizations is The Nature Conservancy in Oregon. The credit union recently completed its pledge to donate up to $250 to the nonprofit for every Green Auto Discount loan approved between Feb. 1 and Nov. 1, 2021, for a total of $226,750. More than 1,400 loans were financed over the course of the campaign, exceeding expectations.

“Getting more people into electric and hybrid vehicles is a vital step toward reducing greenhouse gas emissions in the Pacific Northwest,” said Rob Stuart, President and CEO at OnPoint. “Affordability has historically been a barrier to owning these vehicles, so our goal is to make going green and supporting organizations combating climate change accessible to as many people as possible.”

OnPoint’s donation supports a range of TNC’s most critical projects, including increasing the pace and scale of forest restoration, employing adaptation strategies to ensure vibrant and resilient coastal communities and sustainable fisheries, and protecting existing soil and underground carbon in Eastern Oregon.

“We are at a critical point for the future of the planet,” said Jim Desmond, State Director of The Nature Conservancy in Oregon. “The Nature Conservancy works on a large scale, both around the world and in communities across the state. We cannot accomplish our goals alone, and support from OnPoint and its members is critical and timely.”

OnPoint’s donation to TNC is just one element of its Green Horizons initiative, which supports members and employees in building a more environmentally and financially sustainable future. OnPoint created the Green Auto Discount to make purchasing these low-emission vehicles more affordable by providing loan recipients 0.25%2 APR off auto loan rates for new or used electric and hybrid vehicles. OnPoint also offers a Solar Panel Discount, which allows consumers who fix a portion of their Equity Flex Line of Credit to purchase solar panels to receive a 0.25%3 APR discount off the EquityFlex Fixed Portion.

“Building a greener future takes both a collective and individual effort,” said Desmond. “We are proud to stand with our partners and encourage all Oregonians to take action and help make this sustainable future a reality.”

Click here to learn more about OnPoint’s commitment to building a greener and more sustainable future for all.

Is your credit union helping fight climate change through purposeful programs, services, or events? We’d love to hear about it. Email us!

Posted in Around the NW, CU Difference.