Celebrating a Year of Building Financial Wellness and Community: See why OnPoint was voted #1
It’s been almost a year and a half since OnPoint Community Credit Union opened a branch at the Beaverton Town Square. In that time, the Beaverton community has faced soaring food and gas prices (the highest in 40 years), high interest rates, and a grueling housing market. The access and support offered by financial institutions, especially local institutions that know their community well, is more crucial now than ever.
Beaverton Town Square Branch Manager Gabe Casas wants his community to know that OnPoint is here to help members understand their financial picture and find ways to plan for today and the future.
“Price and inflation rate fluctuations are a natural occurrence, but that doesn’t make it any less concerning for consumers,” said Casas. “We’re here to help you understand your options, strengthen your financial wellness, and be prepared for whatever the future holds.”
Casas sees firsthand how rising costs and interest rates impact budgets. When goods and debt cost more, you have less room in your budget for savings, education and other priorities. But the good news is that you can protect yourself financially by strategically managing your money.
Here are two strategies he recommends:
Trust the experts. Creating a plan with someone who knows you and your goals can help you gain control of your finances and your future. Financial professionals can help you uncover opportunities to jump-start your emergency savings, lower interest rates and mitigate fraud.
Take advantage of financial options. You may have more budget-saving options than you realize, from balance transfers on credit cards to cash-out auto loans. If you are a homeowner and need more cushion to prepare for inflation, look into a home equity line of credit or a cash-out refinance. Even with the recent increases, interest rates remain near historic lows.
Talk to your financial institution about refinancing or consolidating high-interest credit card debt into one payment with a fixed rate while rates remain relatively low. You will see the finish line a lot sooner and save money in the meantime. A trusted personal banker can help identify which options can help improve your financial wellness, sometimes almost immediately.
A one-stop shop for financial wellness
OnPoint’s branch, located inside the Beaverton Fred Meyer, makes it easy for shoppers to seek financial support while running everyday errands. After finishing with their grocery lists, members can apply for a new loan, speak with a Mortgage Loan Officer, or even seek advice around financial planning. Stop in anytime to get to know your local team; we’d love to help you meet your financial goals.
Beaverton Town Square is just one of the 20 locations OnPoint opened in Fred Meyer stores last year, and Casas and his team look forward to many more years of partnership with the Beaverton community.
Gabe and his team are located at 11425 SW Beaverton Hillsdale Hwy
971-369-6095 | www.onpointcu.com