COMMONWEALTH CENTRAL

5890 SILVER CREEK VALLEY RD
San Jose, CA 95138

Notable Rates APY Vs.Others
Savings 0.05% 2.60% →
1-Year CD 1.40% 2.25% →
2-Year CD 1.60% 2.50% →
5-Year CD N.A. 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Credit Union Information

Commonwealth Central is an NCUA insured institution located in San Jose, CA. It was founded in 1958 and has approximately $521.58 millions in assets.

Who can join?

There are several ways to be eligible for membership. You can become a member if:

You live or work in Santa Clara County.

You are a relative of or you reside with a current CommonWealth member.

You are an employee of a participating CommonWealth Member Company.

You are a resident of California and join the Financial Fitness Association.

NCUA Insured Yes
Charter Number # # 61741
Date Established 1958
Assets $521.58 million
Loans $399.97 million
Deposits $462.38 million
Capital $53.64 million
 

Field of Membership Restrictions

CommonWealth Central CU is open to the residents and anyone that works in Santa Clara County, employees of the CU-affiliated companies, California residents that are members of the Financial Fitness Association, and family members as well as household occupants of current CU members.

Deposit Rates - November 22, 2019

Your Current Location: Washington, WA 98109

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.35% $2,500 $9,999 Learn MoreShow Less
Money Market
0.35% $10,000 $24,999 Learn MoreShow Less
Money Market
0.35% $25,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
1.40% $100 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
0.65% $500 $24,999 Learn MoreShow Less
0.90% $500 $24,999 Learn MoreShow Less
1.40% $500 $24,999 Learn MoreShow Less
Special: 16 Mo CD
2.10% $500 $250,000 Learn MoreShow Less
1.45% $500 $24,999 Learn MoreShow Less
1.60% $500 $24,999 Learn MoreShow Less
1.85% $500 $24,999 Learn MoreShow Less
1.90% $500 $24,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
0.35% $2,500 $9,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 - Learn MoreShow Less

Loan Rates - November 22, 2019

Your Current Location: Washington, WA 98109

There are currently no loan rates available for COMMONWEALTH CENTRAL

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
3.530% 3.500% 0.38 $930 $1,123 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info

Note to COMMONWEALTH CENTRAL
To upload and update your bank's rates please register. It is free to register and add rates.



Branches

Below are Commonwealth Central branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Seattle,Washington


Commonwealth Central Locations


Financial Details

Commonwealth Central Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Commonwealth Central. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Commonwealth Central U.S. Average
3.51% 5.86

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2019, Commonwealth Central had $1,657,102 in non-current loans and $313,834 in owned assets. To cover these potential losses it had $53,639,725 in net worth and $2,472,593 in loans loss reserves. That gives it a Texas Ratio of 3.51%.

Net Worth
Commonwealth Central U.S. Average
10.28% 13.65%

Commonwealth Central FCU has a net worth of 10.28% versus the BestCashCow average of 13.65. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Commonwealth Central

Branches and Savings

What is Commonwealth Central?

A federal credit union, registered with the NCUA under certificate #61741.
Learn more about credit unions here.

Is Commonwealth Central FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Commonwealth Central?

Please see Field of Membership information above for information on who is eligible to join.

What are Commonwealth Central's share account and share certificate rates?

Commonwealth Central's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Commonwealth Central?

Commonwealth Central has total capital of $53.64 million. Full information on Commonwealth Central's financial position is located above.

Who owns Commonwealth Central?

Credit Unions are owned by their members.

Where are Commonwealth Central branches located?

See branch locations nearby.

Are Commonwealth Central ATMs Open 24/7?

Do Commonwealth Central ATMs accept cash deposits?

Can Commonwealth Central customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Commonwealth Central have a mobile app?

Does Commonwealth Central have mobile deposit?

Does Commonwealth Central have quick pay?

How can Commonwealth Central transfer money to other banks or credit unions?

Does Commonwealth Central report to credit bureaus?

Does Commonwealth Central use Chexsystems?

Does Commonwealth Central use Equifax?

What is Commonwealth Central's toll free phone number?

What is Commonwealth Central's ACH Routing Number?

What is Commonwealth Central's SWIFT code?

Where can I find Commonwealth Central's wire transfer form?

What is the Commonwealth Central address for deposits?

What Products Does Commonwealth Central Offer

Does Commonwealth Central offer mortgages?

Compare mortgage rates here.

Does Commonwealth Central offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Commonwealth Central offer auto and RV loans?

Compare auto loan rates here.

Does Commonwealth Central offer student loans or personal loans?

Compare personal loan rates here.

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