Commonwealth Central Credit Union San Jose CA

Introduction

Welcome to Commonwealth Central, your trusted financial partner located at 5890 Silver Creek Valley Rd, San Jose, CA 95138. Since our establishment in 1958, we have been dedicated to serving our community with exceptional financial services and support. With a growing membership of 39,514 individuals, we are proud to manage total assets of over $608 million and facilitate loans totaling 16,202. At Commonwealth Central, we believe in the power of community and commitment to our members. Our CEO, Viktoria Earle, and Board President, Larry Chambers, lead a team of 96 dedicated employees, all focused on helping you achieve your financial goals. With a strong net worth of $80 million and cash reserves of $7.4 million, we ensure that your money is not just safe but also working for you. While members can visit us at our main branch for all their banking needs, official correspondence should be sent to our mailing address: 5890 Silver Creek Valley Rd, San Jose, CA 95138. We invite you to explore the variety of services we offer, including competitive rates on loans and deposits. Our commitment to transparency and member satisfaction sets us apart in the world of credit unions. Have questions or need assistance? Don't hesitate to reach out! Call us at (408) 531-3100 during our operating hours Monday through Thursday from 9 AM to 5 PM, and Friday from 9 AM to 6 PM. Join us as we work together towards a brighter financial future. Visit our website at www.wealthcu.org for more information on becoming a member or accessing our services today!

Branch History & Mission

Community Engagement

Our roots run deep in San Jose, and we're proud of the relationships we've built over the decades. We regularly participate in local events and initiatives that foster community spirit and support local businesses. It's more than just banking; it's about building a brighter future together. As we look forward to what lies ahead, we invite you to become part of our journey. Join Commonwealth Central today and experience firsthand how our dedicated team can help you achieve your financial goals while contributing positively to our community. Together, let's make a difference! For more information or assistance, please don't hesitate to contact us at 408-531-3100 during our operating hours: Monday - Thursday from 9 AM - 5 PM and Friday from 9 AM - 6 PM. We look forward to welcoming you!

Our Mission

At Commonwealth Central, our mission is clear: we aim to empower individuals and families by providing them with financial tools and resources that promote stability and growth. We believe that everyone deserves access to quality financial services that are both affordable and supportive. Our focus extends beyond transactions; we actively engage with our community through various outreach programs and partnerships designed to uplift those around us. We understand the importance of adapting to modern needs. That's why we offer digital banking options such as online banking and mobile payments, making it easier than ever for members to manage their finances on the go. Our commitment to accessibility includes compliance with ADA standards, ensuring that everyone can benefit from our services.

Branch Location & Accessibility

Accessibility and Convenience

At Commonwealth Central, we prioritize making your banking experience as smooth as possible. Our branch is fully accessible, featuring ADA-compliant entrances and parking options to accommodate all our members. You'll find ample parking available right at our location, ensuring that your visit is hassle-free. While you can always reach us at our physical address, if you need to send official documents or correspondence, please use the mailing address: 5890 Silver Creek Valley Rd, San Jose, CA 95138.

Get In Touch!

If you're in the area or planning a visit, feel free to drop by! We invite you to connect with us at (408) 531-3100 for any inquiries or assistance. Discover how Commonwealth Central can help you achieve your financial goals today!

Operating Hours

We know your time is valuable! That's why we offer convenient lobby hours from Monday to Thursday from 9 AM to 5 PM and on Fridays from 9 AM to 6 PM. Our dedicated team is ready to help you during these hours with any questions or services you may need.

Services Offered

Though we do not currently provide ATM services or drive-thru banking at this location, our friendly staff is always available to assist you with various banking needs. From opening new accounts to discussing loan options and financial advice, we're here every step of the way.

Member Eligibility

Becoming a member of Commonwealth Central is like opening the door to a community that genuinely cares about your financial well-being. If you live, work, or worship in certain areas of California, you're likely eligible to join us! We welcome individuals who share our values and are looking for a supportive environment to manage their finances. The benefits of membership include access to a range of services designed to help you save money and achieve your financial goals. Plus, being part of our credit union means you're more than just a number; you're part of a family that prioritizes your needs. To get started, simply check out our detailed eligibility criteria at https://www.wealthcu.org/membership. It's straightforward and easy to understand! When you're ready to open an account, head over to https://onlinebanking.wealthcu.org/wealthcuonline/sdk/autoenrollmente2e/accountrecovery, where you'll find all the information you need. If you have any questions or need assistance, don't hesitate to give us a call at (408) 531-3100. We look forward to welcoming you into the Commonwealth Central family at our branch located at 5890 Silver Creek Valley Rd San Jose Ca 95138!

Business Banking & Commercial Services

Commercial Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We also support the broader business community with $75 in non-member commercial loans, providing flexible financing solutions. Imagine having access to the capital you need when you need it. With our tailored loan options, you can invest in new equipment, hire more staff, or even open a new location. We are dedicated to helping you turn your vision into reality.

Merchant Services

In today's fast-paced world, managing payments efficiently is vital for any business. Our merchant services simplify transactions so you can focus on what matters most running your business. From point-of-sale solutions to online payment processing, we provide tools that help streamline operations and enhance customer experiences. Located conveniently at 5890 Silver Creek Valley Rd San Jose Ca 95138, San Jose, CA, our team is here to guide you through every step of your financial journey. Connect with us today at (408) 531-3100 and discover how we can help your business thrive!

Comprehensive List Of Services

Digital Banking Features

In today's fast-paced world, convenience is key. That's why we offer robust digital banking features that allow you to manage your accounts anytime, anywhere. With online banking, mobile payments, and e-statements, members can stay on top of their finances without the hassle of traditional banking methods. Picture being able to check your balance while waiting in line or making a payment right from your smartphone this is the freedom our services provide.

Join Us Today

If you're not yet a member of Commonwealth Central, consider joining us! We invite you to explore how our services can benefit you. Check out more about membership eligibility here. Together, we can achieve your financial goals with personalized service and commitment. With Commonwealth Central, you're not just another account holder; you're part of a community dedicated to supporting each other financially. Visit us at 5890 Silver Creek Valley Rd San Jose Ca 95138 in San Jose, CA, and experience the difference today!

Personal Banking Solutions

Our members enjoy various personal banking services designed for ease and efficiency. For those on the go, our ATM Services Only provide quick access to cash without the need to step into a branch. Imagine needing cash for a last-minute purchase or an unexpected expense; with our ATMs, you can get what you need quickly and conveniently.

Support When You Need It

We understand that sometimes, questions arise about managing your finances or using our services. That's why we encourage you to reach out to us at (408) 531-3100 during our operating hours: Monday through Thursday from 9 AM to 5 PM and Friday from 9 AM to 6 PM. Our friendly staff is here to assist you with any inquiries, ensuring you have all the support you need.

Digital & Online Banking

Key Features

One of the standout features of our digital banking services is the option for electronic signature authorization. This means you can sign important documents online without the hassle of printing or mailing anything. Plus, with e-statements available, you can go paperless and view your account statements securely from anywhere. For members on the go, our mobile application provides an easy way to manage your finances right from your smartphone. You can make mobile payments, which add another layer of convenience to your everyday transactions. And if you need to send money to friends or family quickly, our person-to-person transfer feature makes it simple to send funds in real-time. Security is also a top priority at Commonwealth Central. We use advanced encryption technology to keep your information safe while you're banking online or via our mobile app. You can feel confident knowing that your financial data is protected. In summary, whether you're checking your account balance from home or making a quick payment while out and about, Commonwealth Central's digital and online banking services are designed to fit seamlessly into your life. Experience the convenience today by visiting us online at http://www.wealthcu.org!

Financial Strength

Reinvesting in Your Future

With $73,486,635 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. We also take pride in having 96 full-time employees and 0 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Secure Savings Options

Members' savings are secured through $52,319,703 in share certificates and $76,366,027 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Strong Financial Health

With a net worth of $80,011,812, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. This solid foundation is crucial for ensuring that we can support your financial needs now and in the future. Our net worth ratio of $1,315 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Supporting Your Financial Goals

Our lending capacity supports members' financial goals across various sectors with $3,899 in used auto loans and $484,405,680 in total loans and leases. Additionally, our $5,953,940 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. Total Share Accounts: 68,388, showing a strong and growing member base that trusts us with their finances. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

Your Trusted Partner

Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Commonwealth Central is your trusted partner. Visit us at 5890 Silver Creek Valley Rd San Jose Ca 95138 or call (408) 531-3100 to learn more about how we can help you achieve your financial goals.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $69,820,360 in used vehicle loans and $25,560,608 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new vehicle or a reliable used car, our options are tailored to meet your specific requirements. Plus, if you're considering refinancing an existing auto loan, we can help you explore eligibility options that could save you money.

Credit Lines

For those needing ongoing access to funds, our credit lines are an excellent option. With a total of $130,644,918, these lines provide flexibility and peace of mind for unexpected expenses or planned purchases. At Commonwealth Central located at 5890 Silver Creek Valley Rd San Jose Ca 95138, we're dedicated to helping our members navigate their borrowing options seamlessly. If you have any questions or would like more information about our loan products or refinancing options, feel free to reach out at (408) 531-3100 during our operating hours: Monday - Thursday from 9 AM - 5 PM and Friday from 9 AM - 6 PM. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Let us help you take the next step towards achieving your financial dreams!

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We offer Junior Lien 1-4 Family Residential Properties loans totaling $123,550,630. Our mortgage specialists will work with you to find the best solution for your housing needs.

Unsecured Credit Card Loans

Managing finances can sometimes be challenging. That's why we also offer flexible terms on unsecured credit card loans, with a total of $14,537,195 in loans helping members manage their finances effectively. These cards come with competitive interest rates and no collateral requirements, making them accessible for various financial needs.

Loan Aggregator

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Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This commitment to accuracy ensures that the offers presented are both fair and transparent. Users can trust that they are viewing legitimate options that meet established regulatory standards.