COMMONWEALTH ONE FEDERAL CREDIT UNION

Welcome to Commonwealth One, your trusted financial partner located at 3330 King St, Alexandria, VA 22302. Since our establishment in 1944, we have proudly served over 38,127 members, providing a wide range of financial services tailored to meet your needs. With total assets exceeding $565,724,024 and robust support for our community, we are dedicated to helping you achieve your financial goals. Our commitment goes beyond just numbers; it reflects in the way we operate every day. We understand that personal banking is not just about transactions but about building relationships. Under the leadership of our CEO, Frank Wasson, and Board President, Rupert Jennings, we prioritize member satisfaction and community engagement. Our friendly team of 91 employees is here to assist you with everything from checking accounts to auto loans. While members can visit us at our branch location, official correspondence should be sent to our mailing address: PO Box 9997, Alexandria, VA 22304. We invite you to explore our services including competitive auto loans, mortgages, and business banking solutions all designed with you in mind. With a net worth of $46,434,353 and total deposits around $30,613,858, we take pride in ensuring your funds are safe and well-managed. Plus, with over 20,448 loans issued to our members, we're here to help you navigate your financial journey confidently. We encourage you to visit our website at www.cofcu.org or call us at 703-823-5211 for more information or assistance. Join us today and experience the Commonwealth One difference!

At Commonwealth One, our journey began in 1944, rooted in a simple yet powerful vision: to empower our community through accessible financial services. Located at 3330 King St in Alexandria, VA, we have proudly served our members for decades, evolving alongside the needs of our community while maintaining a commitment to exceptional service and support. From our humble beginnings, Commonwealth One has grown significantly. Today, we are honored to serve over 38,127 members with total assets amounting to an impressive $565,724,024. This growth reflects not only our dedication to sound financial practices but also the trust that our members place in us as their financial partner. Our mission is clear: we aim to provide personalized banking solutions while fostering a sense of community and belonging. We offer a range of services including checking and savings accounts, auto loans, mortgage options, and business banking solutions. Our focus is not just on transactions; we strive to build lasting relationships with each member who walks through our doors. While you can visit us at our branch location on King Street, please note that official correspondence should be sent to PO Box 9997, Alexandria, VA 22304. We are open during school season from Monday to Friday from 8:00 AM to 3:30 PM. Our facility includes ATM availability for your convenience, although we do not currently offer drive-thru banking or shared service centers. At Commonwealth One, we're proud of our digital advancements that enhance your banking experience. With online and mobile banking options available, you can manage your finances anytime and anywhere making it easier than ever to stay connected with your money. We are also dedicated to giving back to the community through various outreach initiatives and partnerships that support local causes. These efforts highlight our belief that financial success is not just about numbers; it's about making a positive impact on the lives of those around us. As we look toward the future, we invite you to join the Commonwealth One family. Experience firsthand the benefits of being part of a credit union that truly cares about its members and their well-being. Together, let's continue building a brighter financial future for ourselves and our community. For more information or to become a member today, visit us online at Commonwealth One or call us at 703-823-5211.

At Commonwealth One, we're excited to welcome you into our community! Becoming a member is not just about opening an account; it's about joining a supportive network that values your financial well-being. To be eligible for membership at Commonwealth One, you'll need to meet some simple criteria. Generally, if you live, work, worship, or attend school in the area, or have family who are already members, you're likely eligible. It's all about connecting with your community! You can find detailed information on the eligibility requirements by visiting this page. Opening an account with us is easy and straightforward. Once you confirm your eligibility, you can start the process online by checking out our account opening details here. If you have any questions or need assistance, feel free to give us a call at (703) 823-5211. We're here to help you take this important step toward better banking!

At Commonwealth One, 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 understand the importance of trust in your financial partner, and our robust financial health reflects our commitment to providing you with reliable services. With a net worth of $46,434,353, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 820% 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 $91,948,936 in share certificates and $74,177,088 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. With $41,505,285 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 your financial goals across various sectors with $32,777,000 in used auto loans and a total of $403,191,368 in loans and leases available. Our operational efficiency is reflected in our net income of -$12,660, which highlights our commitment to maintaining affordability while serving your needs. We also take pride in having 90 full-time employees and 1 part-time employee, ensuring our branches are always ready to serve you with a knowledgeable and committed team. Net Shares (Funds available for lending and investments): $0. This illustrates our focus on directly meeting the needs of our members rather than accumulating excess reserves. Total Share Accounts: 56,282, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Commonwealth One is your trusted partner. Visit us at 3330 King St Alexandria Va 22302 or call 703-823-5211 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.