Crews are busy at work transforming the former Glisan Street Chase Bank into an OnPoint Community Credit Union. Located inside the Fred Meyer Grocery store at 6615 NE Glisan Street, the bank space has remained vacant since last December. Freshly painted signage and new teller stations indicate that banking services will soon return to this location.
The swapping of financial institutions is part of the largest branch expansion in OnPoint’s history. The Credit Union agreed in November of 2020 to open twenty new branches located within Fred Meyer stores across Oregon and Southwest Washington. A month later, Cory Freeman became Vice President and Regional Manager of the in-store branches. During that announcement, the Glisan Street Fred Meyer was identified as one of those twenty new locations.
The opening of OnPoint is a welcomed change to a recent trend that is reducing banking options in the Montavilla area. Chase Bank, US Bank, and Riverview have all closed or plan to close their nearby branches. Convenient banking is essential to small businesses dealing in cash. This new location may entice local businesses to move their accounts over to OnPoint. Look for the Credit Union to open in the next few months.