Commonwealth Central Credit Union
Overview / Commentary
Commonwealth Central Credit Union is headquartered in San Jose and is the 85th largest credit union in the state of California. It is also the 661st largest credit union in the nation. It was established in 1958 and as of September of 2024, it had grown to 96 employees and 39,514 members at 5 locations. Commonwealth Central Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in CommonWealth Central Credit Union membership is open to anyone who lives or works in Santa Clara County, California. Relatives or household members of a current CommonWealth Central Credit Union are eligible to join. Employees of a participating CommonWealth Member Company also qualify for membership.
See current membership details
Health
B+
Data as of Q3 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 61741 |
| Year Chartered | 1958 |
| Employees | 96 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.29% |
| Return on Equity - YTD | 10.09% |
| Annual Interest Income | $21.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $608.1MM$639.2MM |
| Loans | Q3 2024vs Q3 2023 | $484.4MM$521.5MM |
| Deposits | Q3 2024vs Q3 2023 | $524.2MM$563.8MM |
| Equity Capital | Q3 2024vs Q3 2023 | $78.7MM$70.2MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $3.1MM$3.4MM |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $1MM$1.1MM |
| Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |