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Overview / Commentary
4875 Eisenhower Ave
Alexandria, VA 22304-4886

Commonwealth One Credit Union is headquartered in Alexandria and is the 20th largest credit union in the state of Virginia. It is also the 660th largest credit union in the nation. It was established in 1944 and as of March of 2014, it had grown to 79 employees and 34,287 members. Commonwealth One Credit Union has a B+ health rating.

Field of Membership Restrictions

Must live, work, worship, attend school or volunteer in the following areas: Washington, DC; City of Harrisonburg, VA; Warren County, VA; Clarke County, VA; and certain areas of the city of Alexandria, VA. - See Details

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Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Commonwealth One Credit Union had $2.74 million in non-current loans and owned real-estate with $28.71 million in equity and loan loss allowances on hand to cover it. This gives Commonwealth One Credit Union a Texas Ratio of 9.56% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Commonwealth One Credit Union experienced no significant changes from 8.74% as of March 31, 2013 to 9.56% as of March 31, 2014, resulting in a negative change of 9.34%. This indicates that the balance sheet and financial strength for Commonwealth One Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, Commonwealth One Credit Union has increased its total deposits by $3.72 million, resulting in 1.31% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Commonwealth One Credit Union has shown is above average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Commonwealth One Credit Union has $323.34 million in assets with $28.71 million in equity, resulting in a capitalization level of 8.88%, which is average.

Institution Statistics

NCUA #5134
Year Chartered1944
Primary Regulator
Assets and Liabilities
Assets$323.34 million
Loans$215.80 million
Deposits$286.80 million
Equity Capital$26.59 million
Loan Loss Allowance$2.12 million
Unbacked Noncurrent Loans$2.53 million
Real Estate Owned$211,000
Historic Data - March 2013
Assets$313.04 million
Equity Capital$25.22 million
Loan Loss Allowance$1.98 million
Unbacked Noncurrent Loans$2.53 million
Real Estate Owned$342,000
Profit Margin - Quarterly
Net Interest Margin1.02%
Return on Assets0.11%
Return on Equity1.34%
Interest Income$2.75 million

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Commonwealth One Credit Union Savings Account Rates

0.08%$50k-Share Savings
0.08%$50k-Vacation Club
0.08%$50k-IRA Share
0.08%$50k-Roth IRA Share
0.08%$50k-Coverdell ESA Share
0.08%$50k-Holiday Club

Commonwealth One Credit Union Money Market Rates

0.24%$50k-Money Management Plus
0.12%$10k-Money Management

Commonwealth One Credit Union Checking Account Rates

0.05%$10k-Relationship PLUS Checking

Commonwealth One Credit Union CD Rates

1.56%$100k-60 Month Jumbo Share Certificate
1.46%$1k-60 Month Share Certificate
1.21%$100k-48 Month Jumbo Share Certificate
1.11%$1k-48 Month Share Certificate
1.01%$100k-36 Month Jumbo Share Certificate
0.90%$1k-36 Month Share Certificate
0.70%$100k-24 Month Jumbo Share Certificate
0.60%$1k-24 Month Share Certificate
0.55%$100k-12 Month Jumbo Share Certificate
0.55%$100k-18 Month Jumbo Share Certificate
0.45%$1k-12 Month Share Certificate
0.45%$1k-18 Month Share Certificate
0.40%$250-15 Month Share Certificate
0.31%$500-6 Month Share Certificate

Commonwealth One Credit Union IRA Rates

1.56%$100k-60 Month Jumbo IRA Certificate
1.56%$100k-60 Month CESA Jumbo Certificate
1.46%$1k-60 Month IRA Certificate
1.46%$1k-60 Month CESA Certificate
1.21%$100k-48 Month Jumbo IRA Certificate
1.21%$100k-48 Month CESA Jumbo Certificate
1.11%$1k-48 Month IRA Certificate
1.11%$1k-48 Month CESA Certificate
1.01%$100k-36 Month Jumbo IRA Certificate
1.01%$100k-36 Month CESA Jumbo Certificate
0.90%$1k-36 Month IRA Certificate
0.90%$1k-36 Month CESA Certificate
0.75%$100k-24 Month Jumbo IRA Certificate
0.75%$100k-24 Month CESA Jumbo Certificate
0.65%$1k-24 Month IRA Certificate
0.65%$1k-24 Month CESA Certificate
0.60%$100k-12 Month Jumbo IRA Certificate
0.60%$100k-18 Month Jumbo IRA Certificate
0.60%$100k-12 Month CESA Jumbo Certificate
0.60%$100k-18 Month CESA Jumbo Certificate
0.50%$1k-12 Month IRA Certificate
0.50%$1k-18 Month IRA Certificate
0.50%$1k-12 Month CESA Certificate
0.50%$1k-18 Month CESA Certificate
0.45%$250-15 Month IRA Certificate
0.45%$250-15 Month CESA Certificate
0.31%$500-6 Month IRA Certificate
0.31%$500-6 Month CESA Certificate

Commonwealth One Credit Union Locations
Branch Office800 S Main St Gibbons Hall # 5Harrisonburg, VA 22807-0001
Branch Office7701 Telegraph Rd Kingman BuildingAlexandria, VA 22315
Branch Office1150 Varnum St NEWashington, DC 20017
Branch Office441 G St NW Ste 3M54Washington, DC 20548-0001
Branch Office3330 King StAlexandria, VA 22302
Branch Office4875 Eisenhower AveAlexandria, VA 22304-4886
Branch Office42 Terri DrHarrisonburg, VA 22802
Branch Office4875 Eisenhower AveAlexandria, VA 22304