COMMONWEALTH ONE

Headquarters

PO BOX 9997
Alexandria, VA 22304
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.07% 0.95% →
1-Year CD 0.90% 1.01% →
2-Year CD 1.10% 0.95% →
5-Year CD 1.25% 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Credit Union Information

Commonwealth One is an NCUA insured institution located in Alexandria, VA. It was founded in 1944 and has approximately $413.19 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
Charter Number # # 5134
Date Established 1944
Assets $413.19 million
Loans $273.39 million
Deposits $366.78 million
Capital $47.90 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 - October 24, 2020

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
0.48% $2,500 $2,999 Learn More
Money Market
0.48% $10,000 $14,999 Learn More
Money Market
0.53% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.50% $10,000 $14,999 Learn More
6 Mo CD
0.50% $100,000 $199,999 Learn More
12 Mo CD
0.80% $10,000 $14,999 Learn More
12 Mo CD
0.90% $100,000 $199,999 Learn More
Special: 15 Mo CD
0.85% $50 - Learn More
18 Mo CD
0.85% $10,000 $14,999 Learn More
18 Mo CD
0.95% $100,000 $199,999 Learn More
24 Mo CD
0.99% $10,000 $14,999 Learn More
24 Mo CD
1.10% $100,000 $199,999 Learn More
36 Mo CD
1.05% $10,000 $14,999 Learn More
36 Mo CD
1.15% $100,000 $199,999 Learn More
48 Mo CD
1.10% $10,000 $14,999 Learn More
48 Mo CD
1.20% $100,000 $199,999 Learn More
60 Mo CD
1.15% $10,000 $14,999 Learn More
60 Mo CD
1.25% $100,000 $199,999 Learn More
Fixed IRA Rates APY MIN MAX
Special: 15 Mo FIRA
0.85% $50 - Learn MoreShow Less

Loan Rates - October 24, 2020

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
1Rate, Inc
NMLS ID: 1948084
License#: MC-7051
2.567% 2.500% 0.88 $2,216 $988 Learn More
First Internet Bank
NMLS ID: 424182
2.664% 2.625% 0.50 $1,290 $1,005 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$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


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
11.60% 6.71

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 March 30, 2020, Commonwealth One had $5,529,582 in non-current loans and $253,485 in owned assets. To cover these potential losses it had $47,900,971 in net worth and $1,936,310 in loans loss reserves. That gives it a Texas Ratio of 11.60%.

Net Worth
Commonwealth One U.S. Average
11.59% 13.61%

Commonwealth One FCU has a net worth of 11.59% versus the BestCashCow average of 13.61. 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 One

Branches and Savings

What is Commonwealth One?

A federal credit union, registered with the NCUA under certificate #5134.
Learn more about credit unions here.

Is Commonwealth One 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 One?

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

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

Commonwealth One'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 One?

Commonwealth One has total capital of $47.90 million. Full information on Commonwealth One's financial position is located above.

Who owns Commonwealth One?

Credit Unions are owned by their members.

Where are Commonwealth One branches located?

See branch locations nearby.

Are Commonwealth One ATMs Open 24/7?

Do Commonwealth One ATMs accept cash deposits?

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

Does Commonwealth One have a mobile app?

Does Commonwealth One have mobile deposit?

Does Commonwealth One have quick pay?

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

Does Commonwealth One report to credit bureaus?

Does Commonwealth One use Chexsystems?

Does Commonwealth One use Equifax?

What is Commonwealth One's toll free phone number?

What is Commonwealth One's ACH Routing Number?

What is Commonwealth One's SWIFT code?

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

What is the Commonwealth One address for deposits?

What Products Does Commonwealth One Offer

Does Commonwealth One offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Commonwealth One offer auto and RV loans?

Compare auto loan rates here.

Does Commonwealth One offer student loans or personal loans?

Compare personal loan rates here.

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