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Commonwealth Credit Union Share
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Overview Share
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Commonwealth Credit Union is a non-federally insured state credit union based in Bourbonnais, Illinois. It has been opened since 1951, for 71 years.

With around $82,500,000 in assets, Commonwealth Credit Union is considered to be a large credit union. It has 2 branches and 3 ATM locations.

About Share
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Address Po Box 380
Bourbonnais, Illinois 60914
Website http://www.cwcu.com
Phone (815) 937-7447
Fax (815) 935-7738
CEO Raeann Love
President of the Board Kenneth Tousignant
Services Offered
Score Card Share
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71 years
Years in business
Opened in 1951
Well Capitalized
Net worth classification
Source: NCUA
10,854 members
Membership type: State chartered natural person credit union
Above average number of members
426:1
Credit union member to staff ratio
426 per each FTE employee
Compared to 411:1 nationally
Fewer staff
$82,499,362
Total assets
Above average
2 branches
Compared with an average of 4 nationally and 2 in Illinois
Above average number of branches
0.10%
Savings interest rate
Compared to 0.3% nationally
10.52%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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2 branches
Compared with an average of 4 nationally and 2 in Illinois
Above average number of branches
Commonwealth Credit Union Branch Locations

Commonwealth Credit Union: Cwcu Watseka
111 W. Cherry Street
Watseka, Illinois 60970
ATM Available
Commonwealth Credit Union
563 William R. Latham Sr Drive
Bourbonnais, Illinois 60914
ATM Available
Members Share
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10,854 members
Membership type: State chartered natural person credit union
Above average number of members

With 10,854 members, the Commonwealth Credit Union is considered to be a large credit union. It is larger than 72% of credit unions.

Fees Share
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$45
Average fee per member
The average fee per member at the Commonwealth Credit Union is $45, which is comparable to most credit unions. This rate is lower than 53% of all credit unions.
Fees are 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 Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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426:1
Credit union member to staff ratio
426 per each FTE employee
Compared to 411:1 nationally
Fewer staff
26 staff members
FTE (full-time equivalent)
11% of employees are part-time
24 full-time, 3 part-time

Commonwealth Credit Union has 24 full-time staff members and 3 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 89% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Commonwealth Credit Union has around 426 members per staff, a higher ratio compared to other credit unions.

Assets Share
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$82,499,362
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.
11.4%
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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$12,146
Average loan and lease size
Loan & lease sizes are bigger than average. They are bigger than at 65% of credit unions.

Commonwealth Credit Union holds a total of $65,840,000 in loans and leases, which is about $12,146 per member on average.

Savings interest rate Share
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0.10%
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 Credit Union pays 0.10%.

Loan rates Share
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10.52%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
10.64%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
5.51%
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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4.05%
New car loan rate
Compared to 4.0% nationally
5.24%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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5.44%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.02%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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Similar Credit Unions to Commonwealth Credit Union

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First Commonwealth Credit Union: Crawford
Credit Union Branch: 5500 Crawford Drive
Bethlehem, Pennsylvania 18017 ATM Available
Commonwealth Credit Union
Credit Union Branch: 563 William R. Latham Sr Drive
Bourbonnais, Illinois 60914 ATM Available
First Commonwealth Credit Union: Fogelsville
Credit Union Branch: 7627 Tilghman Street
Allentown, Pennsylvania 18106 ATM Available
First Commonwealth Credit Union: Kutztown
Credit Union Branch: 15093 Kutztown Road
Kutztown, Pennsylvania 19530 ATM Available
Commonwealth Credit Union: Cj Branch
Credit Union Branch: 525 W. Broadway
Louisville, Kentucky 40202 No ATM
Commonwealth Credit Union: Harrodsburg Branch
Credit Union Branch: 511 Joseph Drive
Harrodsburg, Kentucky 40330 ATM Available
First Commonwealth Credit Union: Bethlehem
Credit Union Branch: 257 Brodhead Road
Bethlehem, Pennsylvania 18017 ATM Available
First Commonwealth Credit Union: Northwood
Credit Union Branch: 3515 Nazareth Road
Easton, Pennsylvania 18045 ATM Available
First Commonwealth Credit Union: Allentown
Credit Union Branch: 450 Union Boulevard
Allentown, Pennsylvania 18109 ATM Available
Commonwealth Credit Union: Georgetown Branch
Credit Union Branch: 108 Lawson Drive
Georgetown, Kentucky 40324 ATM Available