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CommonWealth Credit Union


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.cwcu.com
815-937-7447
563 William R Latham Sr Dr
Bourbonnais, IL 60914

CommonWealth Credit Union is headquartered in Bourbonnais and is the 48th largest credit union in the state of Illinois. It is also the 1,681st largest credit union in the nation. It was established in 1951 and as of March of 2025, it had grown to 20 employees and 9,795 members at 1 location. CommonWealth Credit Union's CD rates are 11% higher than the national average, and it has an A health rating.

Field of Membership Restrictions

CommonWealth Credit Union offers membership to anyone who works or lives in Ford, Grundy, Iroquois, Kankakee, Kendall, Livingston or Will County, Illinois.
See current membership details

Reviews

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Health
A

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
NCUA #97095
Year Chartered1951
Employees20
Primary Regulator
Profit Margin
Return on Assets - YTD1.23%
Return on Equity - YTD10.04%
Annual Interest Income$1.3MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$120.1MM$119.3MM
LoansQ1 2025vs Q1 2024$81MM$80.5MM
DepositsQ1 2025vs Q1 2024$105MM$105.7MM
Equity CapitalQ1 2025vs Q1 2024$14.6MM$13.2MM
Loan Loss AllowanceQ1 2025vs Q1 2024$230K$234K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$116K$81K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

CommonWealth Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%*$0$15kStarphire Rewards Savings
OTHER TIERS: 1.00% → $15k+
0.15%$25-Savings Account

CommonWealth Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%*$75k*-Money Market Account
OTHER TIERS: 0.05% → $1.5k - $25k | 0.10% → $25k - $50k | 0.25% → $50k - $75k

CommonWealth Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$5k-Checking Account

CommonWealth Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.75%$1k-9 Month CD Special
1.51%$1k-60 Month CD
1.36%$1k-36 Month CD
1.36%$1k-48 Month CD
1.26%$1k-24 Month CD
1.00%$1k-12 Month CD
1.00%$1k-18 Month CD
0.60%$1k-6 Month CD

CommonWealth Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$10k*-IRA Share Account
OTHER TIERS: 0.15% → $25 - $10k
Locations


CommonWealth Credit Union Locations
Branch Office563 William R Latham Sr DrBourbonnais, IL 60914

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