Commonwealth One Federal Credit Union

Headquarters

Po Box 9997
Alexandria, VA 22304
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.07% 0.85% →
1-Year CD 0.40% 0.67% →
2-Year CD 0.50% 0.80% →
5-Year CD 0.80% 1.25% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

Commonwealth One is an NCUA insured institution located in Alexandria, VA. It was founded in 1944 and has approximately $477.95 millions in assets.

Who can join?

You are eligible to open an account if you qualify for membership. Here is how...
Anyone who lives, works, worships, goes to school, or volunteers in the following areas is eligible for membership:
• Washington, DC;
• City of Harrisonburg, VA;
• Warren County, VA;
• Clarke County, VA;
• City of Alexandria, VA. (specific areas)
If you are an employee with one of the 200 plus sponsor groups, you are eligible to join or you can apply to have your company become a Sponsor Group of CommonWealth One.
If you are a family member of any of the above, you are eligible to join! When applying, be sure to indicate family member eligibility on your application. Family members are defined as;
• spouses,
• children,
• siblings,
• parents,
• grandparents,
• grandchildren,
• and those persons living in the same household and maintaining a single economic unit.

NCUA Insured Yes / Federally Chartered
Charter Number # # 5134
Date Established 1944
Assets $477.95 million
Loans $268.85 million
Deposits $429.16 million
Capital $46.20 million
 

Field of Membership Restrictions

Membership is open to those who live, work, worship, volunteer or attend school in Washington D.C., the counties of Warren and Clarke and the cities of Harrisonburg and Alexandria in Virginia. Membership is also open to employees of the credit union's select employer group and to immediate family of those eligible.

Deposit Rates - December 6, 2021

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.07% $2,500 $4,999 Learn More
Money Market
0.20% $2,500 $2,999 Learn More
Money Market
0.25% $10,000 $14,999 Learn More
Money Market
0.30% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.20% $500 $14,999 Learn More
12 Mo CD
0.30% $1,000 $14,999 Learn More
12 Mo CD
0.40% $100,000 $199,999 Learn More
Special: 15 Mo CD
0.30% $50 - Learn More
18 Mo CD
0.30% $1,000 $14,999 Learn More
18 Mo CD
0.35% $100,000 $199,999 Learn More
24 Mo CD
0.40% $1,000 $14,999 Learn More
24 Mo CD
0.50% $100,000 $199,999 Learn More
36 Mo CD
0.45% $1,000 $14,999 Learn More
36 Mo CD
0.55% $100,000 $199,999 Learn More
48 Mo CD
0.45% $1,000 $14,999 Learn More
48 Mo CD
0.65% $100,000 $199,999 Learn More
60 Mo CD
0.70% $1,000 $14,999 Learn More
60 Mo CD
0.80% $100,000 $199,999 Learn More
Fixed IRA Rates APY MIN MAX
Special: 15 Mo FIRA
0.30% $50 - Learn MoreShow Less

Loan Rates - December 6, 2021

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for COMMONWEALTH ONE

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



Featured - Virginia 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
CIT Bank
NMLS ID: 541760
3.075% 3.000% 1.00 $2,420 $1,055 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
Flagstar Bank-Heloc
Flagstar Bank-Heloc
See Table
4.990 %
$0 Learn More
More Info

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


 

Branches

Below are Commonwealth One 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:
Ashburn,Virginia


Commonwealth One Locations



Climate Initiatives

COMMONWEALTH ONE is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

Financial Details

Commonwealth One Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Commonwealth One. 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 One U.S. Average
4.48% 3.79

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, 2021, Commonwealth One had $1,982,881 in non-current loans and $184,734 in owned assets. To cover these potential losses it had $46,204,842 in net worth and $2,175,306 in loans loss reserves. That gives it a Texas Ratio of 4.48%.

Net Worth
Commonwealth One U.S. Average
9.66% 12.22%

Commonwealth One FCU has a net worth of 9.66% versus the BestCashCow average of 12.22. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Customer Reviews for COMMONWEALTH ONE

There are currently no comments for COMMONWEALTH ONE. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →