Commonwealth Central Credit Union

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A short history of Commonwealth Central CU

Since its inception in 1958 the Commonwealth Central Credit Union has been serving its members in the SAN JOSE, California area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Craig Weber, the Commonwealth Central CU has grown its membership to over 36,703 with assets of more than $497,970,872. They have a main office and 6 branch offices. Please see the credit unions website or contact them by phone at (408) 531-3100 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in SAN JOSE, CA.

General Information For Commonwealth Central CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 61741
State California 
Zip-Code 95138
Phone Number (408) 531-3100
Fax Number () -
Email Address:
CEO/President Craig Weber
Members 36,703 
Full-Time Employees 92 
Part-Time Employees
Number of Branch Offices
Total Assets 497,970,872 

Compare Commonwealth Central Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Meriwest CU Cottle Financial Center 5683 Cottle Rd 95153 (877) 637-4937 No 5.90
Alliance CU Robertsville 3315 Almaden Expy 95118 (800) 232-8669 No 7.99
Partners CU Harbor Pointe Branch 1313 S Harbor Blvd 32830 (714) 940-7721 No 10.59
Pacific Postal CU North San Jose Branch 1750 Lundy Ave 95161 (408) 437-8888 No 11.00
Novo CU Novo Federal Credit Union 2191 5th St Ste 202 92860 (951) 737-6262 No 11.20

Commonwealth Central Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Commonwealth Central Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 12.50 2.74 2.74 3.13 1.99
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 434 113 70 37 4
Rank Among All California Credit Unions 100 43 31 8 1

Commonwealth Central Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.05 0.05 0.30 0.25
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 143 142 302 266
Rank Among All California Credit Unions N/A 45 52 89 79
Commonwealth Central Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 12.5009,86217,254,256
All Other Unsecured Loans/Lines of Credit 9.7509416,381,442
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.7401,42534,172,165
Used Vehicle Loans 2.7405,15169,506,200
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.130412139,097,162
Total Other Real Estate Loans/Lines of Credit 1.99097667,602,596
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.4904825,705,992
TOTAL LOANS & LEASES 19,249339,719,813

Commonwealth Central Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 17748,418,14272,060,600
    b. 15 Years or less 14621,510,93941,125,000
    a. > 15 years 5650,282,7481212,874,600
    b. 15 Years or less 3318,885,3332472,000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 984,440,21112948,769
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 87863,162,38510317,910,055
Open-End Fixed Rate 0000
TOTALS 1,388206,699,75814035,391,024


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 79759,059,97517,910,055
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Commonwealth Central Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans Yes
Check Cashing No
Money Orders Yes
No Surcharge ATMs No
Home Banking Via Internet Website Yes