Tag: Chase Bank

Construction, New Business, Services, View of Montavilla

OnPoint Opening in Fred Meyer

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.

Business Closing, Demolition, View of Montavilla

Glisan Chase Bank Closed

The Chase Bank, located at 6615 NE Glisan Street, has closed. Situated inside the Fred Meyer grocery store, this branch was one of the last banks providing teller services to the neighborhood. A US Bank branch also closed on Glisan street last October.

The permanence of the branch closure is not confirmed. However, this location disappeared from the Portland branch locater page on Chase’s website. The Chase logo over the bank entrance is now gone, and the space is empty of all furniture. Last week crews removed the built-in teller windows and countertop.

Currently, Fred Meyer appears to have inventory items stored inside the space on pallets. Both Fred Meyer and Chase declined to respond to inquiries regarding this location. A remodel may be planned, but indications point to Chase Bank removing this branch from the area. Being valuable space near the entrance, Fred Meyer will likely repurpose this room sometime in 2021.