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Commonwealth Central Credit Union
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Commonwealth Central Credit Union Share
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Overview Share
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Commonwealth Central Credit Union is a federally insured state credit union based in San Jose, California. It has been opened since 1958, for 64 years.

With around $515,080,000 in assets, Commonwealth Central Credit Union is considered to be a very large credit union. It has 6 branches and 6 ATM locations.

About Share
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Address 5890 Silver Creek Valley Road
San Jose, California 95138
Website http://www.wealthcu.org
Phone (408) 531-3100
CEO Craig Weber
President of the Board Barry Schimmel
Services Offered
Score Card Share
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64 years
Years in business
Opened in 1958
Well Capitalized
Net worth classification
Source: NCUA
38,073 members
Membership type: State chartered natural person credit union
Above average number of members
356:1
Credit union member to staff ratio
356 per each FTE employee
Compared to 411:1 nationally
Average number of staff
$515,077,900
Total assets
Above average
6 branches
Compared with an average of 4 nationally and 5 in California
Above average number of branches
0.05%
Savings interest rate
Compared to 0.3% nationally
12.15%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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6 branches
Compared with an average of 4 nationally and 5 in California
Above average number of branches
Commonwealth Central Credit Union Branch Locations

Commonwealth Central Credit Union: Corporate Office
5890 Silver Creek Valley Road
San Jose, California 95138
ATM Available
Commonwealth Central Credit Union: Cambrian
3075 Union Avenue
San Jose, California 95124
ATM Available
Commonwealth Central Credit Union: Milpitas
537 E. Calaveras Boulevard
Milpitas, California 95035
ATM Available
Commonwealth Central Credit Union: Morgan Hill - Cochrane Commons
1041 Cochrane Road Suite 180
Morgan Hill, California 95037
ATM Available
Commonwealth Central Credit Union: Silver Creek
5890 Silver Creek Valley Road
San Jose, California 95138
ATM Available
Members Share
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38,073 members
Membership type: State chartered natural person credit union
Above average number of members

With 38,073 members, the Commonwealth Central Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 89% of credit unions.

Fees Share
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$73
Average fee per member
The average fee per member at the Commonwealth Central Credit Union is $73, which is high compared to most credit unions. This rate is higher than 69% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Commonwealth Central Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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356:1
Credit union member to staff ratio
356 per each FTE employee
Compared to 411:1 nationally
Average number of staff
107 staff members
FTE (full-time equivalent)
0% of employees are part-time
107 full-time, 0 part-time

Commonwealth Central Credit Union has 107 full-time staff members and 0 part-time staff members.

The number of members relative to staff members is an indication of how well staffed the credit union is. Commonwealth Central Credit Union has around 356 members per staff, an average ratio compared to other credit unions. This is a somewhat well staffed credit union.

Assets Share
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$515,077,900
Total assets
Above average
Net worth Share
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
10.1%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases Share
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$21,009
Average loan and lease size
Loan & lease sizes are big! They are bigger than at 93% of credit unions.

Commonwealth Central Credit Union holds a total of $403,780,000 in loans and leases, which is about $21,009 per member on average.

Savings interest rate Share
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0.05%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Commonwealth Central Credit Union pays 0.05%.

Loan rates Share
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12.15%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
9.75%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
4.99%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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3.49%
New car loan rate
Compared to 4.0% nationally
3.74%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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1.99%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.00%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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Similar Credit Unions to Commonwealth Central Credit Union

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Commonwealth Central Credit Union: Cambrian
Credit Union Branch: 3075 Union Avenue
San Jose, California 95124 ATM Available
Commonwealth Central Credit Union: Morgan Hill - Tennant
Credit Union Branch: 400 Tennant Sta
Morgan Hill, California 95037 ATM Available
Commonwealth Central Credit Union: Milpitas
Credit Union Branch: 537 E. Calaveras Boulevard
Milpitas, California 95035 ATM Available
Commonwealth Central Credit Union: Morgan Hill - Tennant ATM
Credit Union ATM: 400 Tennant Sta
Morgan Hill, California 95037
Commonwealth Central Credit Union: Corporate Office ATM
Credit Union ATM: 5890 Silver Creek Valley Road
San Jose, California 95138
Commonwealth Central Credit Union: Milpitas ATM
Credit Union ATM: 537 E. Calaveras Boulevard
Milpitas, California 95035
Commonwealth Central Credit Union: Corporate Office
Credit Union Branch: 5890 Silver Creek Valley Road
San Jose, California 95138 ATM Available
Commonwealth Central Credit Union: Silver Creek
Credit Union Branch: 5890 Silver Creek Valley Road
San Jose, California 95138 ATM Available
Commonwealth Central Credit Union: Morgan Hill - Cochrane Commons
Credit Union Branch: 1041 Cochrane Road Suite 180
Morgan Hill, California 95037 ATM Available
Commonwealth Central Credit Union: Cambrian ATM
Credit Union ATM: 3075 Union Avenue
San Jose, California 95124