Commonwealth Central Credit Union San Jose CA | Best Auto Loans & Business Banking

Introduction

Welcome to Commonwealth Central, your trusted partner in financial wellness, located at 5890 Silver Creek Valley Rd, San Jose, CA 95138. Since our establishment in 1958, we have proudly served over 39,500 members, helping them achieve their financial goals with confidence. With total assets of $608,112,724, we are committed to providing a wide range of financial services tailored just for you. At Commonwealth Central, we understand that every member's journey is unique. That's why we offer personal banking solutions including checking and savings accounts, auto loans, mortgage financing, and credit cards with rewards. Whether you're looking to consolidate debt or start a new business venture, our dedicated team is here to support you every step of the way. Our CEO, Viktoria Earle, and Board President, Larry Chambers, lead a passionate group of 96 employees who genuinely care about your financial well-being. We take pride in fostering a welcoming community atmosphere where members can feel secure and valued. While members can visit us at our branch for all banking needs, official correspondence should be sent to the same address: 5890 Silver Creek Valley Rd, San Jose, CA 95138. If you need assistance or have questions about your accounts, don't hesitate to reach out by phone at 408-531-3100. We invite you to explore how Commonwealth Central can help you thrive financially. Visit our website at www.wealthcu.org for more information on services or to become a member today!

Branch History & Mission

Embracing Technology

In today's digital world, we understand the importance of convenience and accessibility. That's why Commonwealth Central offers modern banking solutions such as online and mobile banking services. Members can easily manage their accounts from anywhere at any time. Additionally, we are proud to be ADA compliant and focused on ensuring all members have equal access to our services.

Join Us

As we look towards the future, Commonwealth Central remains committed to enhancing member experience and expanding our service offerings. If you're looking for a financial partner that truly cares about you and your community, consider joining us today! Experience firsthand the benefits of being part of a credit union dedicated to your success. For more information or assistance, feel free to reach out at (408) 531-3100 during our operating hours: Monday - Thursday from 9 AM to 5 PM and Friday from 9 AM to 6 PM. We can't wait to welcome you into the Commonwealth Central family!

Our Mission

At Commonwealth Central, our mission is clear: to empower our members by providing accessible financial services while supporting the local community. We believe that everyone deserves a chance to achieve their financial goals, whether it's through personal banking, auto loans, mortgage refinancing, or credit card options with rewards. Our focus extends beyond traditional banking; we aim to foster relationships that enrich lives. Our commitment to community support is evident in various outreach initiatives. We partner with local organizations to provide resources and assistance where it's needed most. This dedication not only helps us grow as a credit union but also strengthens the bonds within our community. While members can visit us at 5890 Silver Creek Valley Rd, official correspondence should be sent to 5890 Silver Creek Valley Rd, San Jose, CA 95138 if necessary.

Branch Location & Accessibility

Convenient Access and Features

At Commonwealth Central, we understand that convenience matters. Our branch offers ample parking and is designed with accessibility in mind, ensuring that everyone can enjoy our services. We are committed to providing a welcoming environment for all members, including those who may require additional assistance.

Join Us Today!

Ready to experience exceptional service? We encourage you to come by Commonwealth Central today! Whether you're looking to open an account or simply need some banking advice, our team is eager to welcome you. Your financial journey starts here let's make it a great one together!

Operating Hours and Services

We invite you to visit us during our lobby hours: Monday through Thursday from 9 AM to 5 PM, and Fridays from 9 AM to 6 PM. Our friendly team is ready to assist you with a variety of personal banking services including checking and savings accounts, auto loans, mortgages, credit cards with rewards, and more. Need quick access to cash? Our ATM service is available for your convenience, allowing for easy withdrawals and balance checks anytime. While we don't have drive-thru banking at this location, our dedicated staff is always ready to help you inside the branch. While members can visit us at 5890 Silver Creek Valley Rd, official correspondence should be sent to the same address as our mailing address. If you have any questions or need assistance before your visit, feel free to give us a call at 408-531-3100.

Member Eligibility

At Commonwealth Central, we believe that joining our community is about more than just banking; it's about belonging. We welcome individuals who live, work, or worship in our service area, as well as their family members. Whether you're looking for a supportive financial partner or seeking to make smarter money choices, becoming a member at our branch means you're not just another account you're part of a family that genuinely cares about your financial well-being. To learn more about the specific eligibility requirements, feel free to visit our website at this link. Getting started is simple! You can open an account online in just a few minutes. Just head over to our account opening page and follow the easy steps. If you have any questions or need assistance, don't hesitate to give us a call at 408-531-3100. We're excited to help you on your journey toward financial success right here at 5890 Silver Creek Valley Rd, San Jose, CA 95138!

Business Banking & Commercial Services

Merchant Services That Empower

In addition to loans, we offer merchant services that simplify payment processing for your business. Picture this: a busy Friday night at your restaurant where customers are eager to pay but you're juggling orders. With our efficient merchant services, accepting payments becomes seamless, ensuring quick transactions so you can keep your customers happy. Located conveniently at 5890 Silver Creek Valley Rd, San Jose, CA 95138, we're here to partner with you on your journey toward success. Call us at 408-531-3100 to learn more about how our services can benefit your business today!

Tailored 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 being able to invest in new equipment or expand your operations without the stress of financial constraints. Our commercial loans can make that happen, allowing you to focus on what matters most running your business.

Comprehensive List Of Services

Business Banking Services

For our business members, we offer essential banking services like merchant services and business loans. You'll find everything you need to keep your business running smoothly while focusing on what you do best.

Call Us Today!

At Commonwealth Central, we pride ourselves on being more than just a financial institution; we're your partner in achieving financial success. Whether you're visiting us in person at 5890 Silver Creek Valley Rd San Jose Ca 95138 or reaching out by phone at (408) 531-3100, our team is here to assist you with all of your banking needs. Discover how our comprehensive list of services can make a difference in your financial journey today!

Credit Cards and Rewards

Looking for a credit card that rewards you? Our credit cards come with great perks designed to fit your spending habits, whether it's cash back on everyday purchases or travel rewards for your next adventure.

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why we offer robust online and mobile banking features. You can easily check balances, transfer funds, and pay bills right from your smartphone or computer. With access to ATMs for cash withdrawals and balance checks, managing your money has never been easier.

Personal Banking Solutions

Our personal banking services are tailored to fit your lifestyle. Need a reliable checking or savings account? We offer various accounts that make managing your finances easy. If you're considering buying a car, our auto loans and vehicle financing options can help get you on the road with competitive rates and flexible terms. When it comes to homeownership, we provide mortgage loans and refinancing options that make it easier than ever to achieve your dream home. And if life throws you a curveball, our personal loans and debt consolidation services can help ease your financial burden.

Digital & Online Banking

Accessibility & Ease of Use

At Commonwealth Central, we want to ensure that managing your finances fits seamlessly into your lifestyle. Our digital banking services are designed with accessibility in mind, providing easy navigation and support whenever you need it. Whether you're tech-savvy or new to online banking, you'll find our features straightforward and intuitive. Explore all these great services today by visiting http://www.wealthcu.org. With Commonwealth Central, enjoy the freedom of managing your money effortlessly while keeping it secure!

Key Services

With our 24/7 online banking services, you can check your account balances, pay bills, and transfer funds all from the comfort of your home or while out and about. Our user-friendly mobile application lets you keep track of your transactions in real-time, making it simple to stay on top of your finances. Need to send money to a friend? Our person-to-person transfers feature allows you to quickly send funds without hassle. Plus, if you're looking for an eco-friendly option, we provide e-statements so you can review your financial activity without the clutter of paper statements. Security is a top priority for us. With electronic signature authorization, you can sign documents safely and securely online, ensuring that your information stays protected. And if you're interested in making payments more convenient, our mobile payments feature allows you to pay with just a tap from your smartphone.

Financial Strength

At Commonwealth Central, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are committed to building a strong financial foundation that benefits each of our members, ensuring you feel confident in your banking choices. 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. Our net worth ratio of 1315 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. 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. We also take pride in having 96 full-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. 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. Our lending capacity supports members' financial goals across various sectors with $38,990,000 in used auto loans and $484,405,680 in total loans and leases. Furthermore, our operational efficiency is reflected in our impressive net income of $5,953,940, enabling us to continue offering competitive loan rates and solid financial products for our members. Total Share Accounts currently stand at 68,388, showing a strong and growing member base that trusts us with their finances. This growth underscores the confidence that more individuals place in Commonwealth Central as their trusted financial 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 here for you every step of the way. 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. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov based on the latest results.

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. We provide financing solutions for both new and used vehicles, ensuring you have the support you need to drive off in your desired car.

Credit Lines

For those who prefer flexibility in their borrowing options, we offer credit lines totaling $130,644,918. This product allows you to access funds as needed without having to reapply each time. If you're interested in exploring these options further or if you have questions about refinancing or eligibility requirements, feel free to reach out to us at 408-531-3100. Our team is ready to assist you during our lobby hours: Monday - Thursday from 9 AM to 5 PM and Friday from 9 AM to 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. We are committed to providing our members with transparent information and reliable services that help them navigate their financial journeys confidently.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $123,550,630, make buying or refinancing simple. Our team is here to guide you through each step of the process and answer any questions you may have.

Unsecured Credit Card Loans

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. Our credit cards come with rewards and benefits designed to help you save more while spending wisely.

Loan Aggregator

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Ensuring Accurate Loan Comparisons

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 sourcing method guarantees that the offers displayed are not only fair but also transparent. Users can trust that they are viewing legitimate loan options without hidden agendas.