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Community credit union cuts ribbon on Saturday, Jan. 6 at Cherry Park Market Center.

CONTRIBUTED PHOTO: DIANE CASTILLO-WHITE - OnPoint bank employees stand alongside Troutdale City Councilor Rich Allen (far left), Glenn White (center) and printer Matt Leamy (far right). West Columbia Gorge Chamber of Commerce President Glenn Mackey holds the scissors with branch manager Dara Toscano. A new OnPoint Community Credit Union has opened for business inside the Cherry Park Market Center in Troutdale.

Dara Toscano — an OnPoint employee since March, 2006 — will serve as branch manager for the new location, located at 2457 S.W. Cherry Park Road next to the Troutdale Library.

"I'm looking forward to growing our new Cherry Park branch. It's going to make a big impact on our members in the community," Toscano said on the company's Facebook page.

COURTESY PHOTO - Dara Toscano "I am honored to work for an amazing company that supports and encourages professional growth and development. Like many at OnPoint, I've 'grown up' here, both personally and professionally," she continued.

After a soft opening on Dec. 19, local politicians and tellers cut the ribbon for the branch on Saturday, Jan. 6.

"I'm thrilled, because the Gresham branch was getting crowded," noted Councilor Glenn White, who attended the event. "I think they really needed it and I'm glad they choose Troutdale."

"You get in there with smiles, and you get out of there real quick," added Diane Castillo-White. "It looked like four people came over from the Gresham branch."

The credit union will welcome new and returning customers from 9 a.m. to 5:30 p.m. Monday through Thursday, 9 a.m. to 6 p.m. on Friday, 9 a.m. to 1 p.m. on Saturday and will be closed on Sundays.

"We are expanding our presence and our investment in Oregon by providing financial education resources, financial services and support from OnPoint and its employees for the communities we serve," said OnPoint CEO Rob Stuart in a press announcement. "We look forward to being engaged members of the community and getting to know our new neighbors."

As nonprofit organizations, credit unions generally offer higher interest rates for saving accounts and certificates of deposit known as CDs. Banks usually seek to maximize profits for shareholders.

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