Commonwealth Credit Union – IL

Rated star_ratedstar_ratedstar_ratedstar_normalstar_normal by dizhome.ru
Review based on 12 criteria Rating: 3 out of 5

PO Box 380, Bourbonnais, IL 60914-0380

Data Source:


Commonwealth Credit Union, IL was founded in 1951. Headquartered in Bourbonnais, Illinois, Commonwealth Credit Union, IL is a state chartered and not federally insured credit union, being chartered in Illinois but not insured through the National Credit Union Share Insurance Fund (NCUSIF). Commonwealth Credit Union, IL is also a member of the , which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.

As of December 31, 2016, Commonwealth Credit Union, IL services 10,383 members through its 2 offices and branches and 21 full-time and 5 part-time employees. It has $78,324,616 of total assets and $7,849,618 of net worth. Based on its asset size and net worth ratio, Commonwealth Credit Union, IL is classified as a Well Capitalized medium credit union.

Commonwealth Credit Union, IL offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Commonwealth Credit Union, IL also provides an array of services to its members and local communities. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of Commonwealth Credit Union, IL’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Illinois and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of Illinois
Median of USA
Checking
0.1000
0.0000
0.0000
Savings
0.1000
0.1500
0.1200
Money Market
0.1500
0.2500
0.2500
Certificate Deplit
1.0500
0.4600
0.5800
IRA
0.5500
0.4000
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of Illinois
National Median Rates
Credit Cards
10.3000
10.2500
9.9900
Unsecured Line of Credits
10.4200
11.0000
10.9500
Short-term Small Amount
n/a
25.0000
25.0000
Student Loans
n/a
6.5100
6.0200
New Car Loans
3.2600
3.0000
3.3300
Used Car Loans
4.2700
4.2600
4.5000
1st Mortgage Real Estates
3.9300
4.0000
4.2500
Other Real Estates
5.2200
4.3800
4.7000

Commonwealth Credit Union, IL prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Commonwealth Credit Union, IL.

Electronic Banking Service Offerings

Membership Application
Yes
No
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
Yes
No
New Share Account
Yes
Bill Payment
Yes
No
e-Statements
Yes
Loan Payments
Yes
No
Account Balance Inquiry
Yes
No
No
View Account History
Yes
Yes

As a community financial institution, Commonwealth Credit Union, IL actively involves in local communities by prliding services such as financial education, and first tim home buyer programs.

Community and other Service Offerings

Financial Counselling
No
Bilingual Services
Yes
Free Bill Pay
Yes
Financial Education
Yes
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
No
Student Scholarships
Yes
Insurance/Investment Sales
Yes
First Time Homebuyer Program
No
Commonwealth Credit Union
Main Office

563 William R Latham Sr Dr
Bourbonnais, IL 60914
Phone:

Cwcu Watseka
111 W Cherry St
Watseka, IL 60970
Phone:

No Review

  1. dizhome.ru Staff
    dizhome.ru Staff

    Last Updated on May 30, 2017

    May 30, 2017 at 10:31 pm

Related Listings