Communitywide Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 3.30% | 5-year CD | 60 Month Share Certificate |
| 3.20% | 4-year IRA | 48 Month IRA (Traditional, Roth) 1.58% - National Average |
| 2.50% | 1-year CD | 12 Month Share Certificate |
Communitywide Federal Credit Union is headquartered in South Bend and is the 19th largest credit union in the state of Indiana. It is also the 644th largest credit union in the nation. It was established in 1967 and as of March of 2018, it had grown to 79 employees and 59,214 members at 11 locations. Communitywide Federal Credit Union's savings rates are 3X the national average, and it has a B health rating.
Field of Membership Restrictions
Membership in Communitywide Federal Credit Union is open to members of the Michiana Goodwill Boosters or the Marine Corps League of St. Joseph Valley. Membership is also open to those who work in Adams Engineering Company, Syscon International, and over 40 other Select Employer Groups.
See current membership details
Related Posts
There When You Need Them
Community Wide Credit Union has gone above and beyond to help me out. Late one Friday night, I found myself going through a separation with my husband. He told me that he was going to drain our joint account. This was the same day that my $4000 tax refund had just been deposited. I immediately called Community Wide and they were amazing in helping me out. The woman I spoke with helped me open a new checking account over the phone and was able to transfer all my money into it so that he could no longer ruin me financially. She was my savior that night! She really went above the call of duty and did more for me than I would ever expect a bank employee to do. I know it was her job to open that account for me, but the way she handled the entire situation and looked into all the options and helped me decide the best thing to do for me was wonderful. I've also been just as pleased with the service I have received in my branch as well. Every employee has always done their best to get me in, out and on my way. Whether I'm making a deposit, withdrawal, or looking for information about a loan, my experience has been great. They definitely have me as a customer for life!
Customer Review of Community Wide
I had a checking account with Communitywide for over four years, but I closed it when I moved out of the area. Overall the experience was good. The people who worked in the bank were friendly, caring, and willing to help whenever possible. The only thing that bothered me about the experience was that the hours were terrible. They closed at 4 so there was no way to get there after work. If I ever needed to do anything, I would have to get up early on Saturday. I also prefer banks that have ATMs, and they only had one at one location that I recall not at all of them. I also would prefer a credit union that offers more incentives. I would have considered a savings account there if there had been a reward for doing so. The bank that I have a savings account with now offered 20 dollars to start one. All in all though it was a positive experience.
No Response!
I found about their high CD rates online. Though according to their eligibility requirements I'm not qualified to be a member of this FCU I thought I will check on to make sure. After unsuccessful attempts to reach them via phone which I blamed on limited work hours (that was not a case!) I sent an e-mail to the address they have provided on their website. After 10 days of waiting I didn't get any reply and I don't know the answer. It's too bad but I guess they rely only on their branches to deal with customers!?
Worst Financial Institution Ever
Community Wide Credit Union is the place to go if you enjoy being placed on hold for 20- 30 minutes every time you call. The people in the loan dept. flat out lied about sending our vehicle title. Told us twice they mailed it and when we finally received it 27 days later, the day they signed it was still 5 days after the last date they told us it was mailed. They are extremely rude and unprofessional from the time they pick up the phone. I would never recommend them and I hope they go out of business!!!
Don't Bother With Loans
My husband and I have a car loan through this bank, and it has not been pleasant. We're 2 years in, and each month the payment comes out earlier and earlier. It is ridiculous. The payments aren't due until the 24th, yet today I look at my checking account and we are negative again because of them. This is a full week early! Don't bother wasting your time or money here, because the interest rates are pretty terrible as well, especially given the hassles we have had to deal with. They also have zero online access to our account, which is insane in 2016.
Terrible customer service.
To be honest I started using this branch because I thought keeping my funds in a smaller bank would be safer for me.I was very wrong and ended up leaving the bank after many bad experiences. This branch only has a few locations which is very inconvenient to someone like me ho travels a great deal and would like to visit bank tellers in person. When i do get a change to visit on of the locations in person, I find that the staff is very unhelpful and rude to me. I thought that maybe it was just the one branch that i always go to but I was wrong, they all have a very negative attitude. i had an issue with one my bill payments not going through and I explained to me that I actually made it and it was taken out of my account, but there computer system did not show any record of this which got me so anger that i reported them to the BBB and only after I had done this did you refund me and made sure I wasn't held accountable to my Bill account I was trying to pay. After this experience I had to leave the bank and place my money somewhere else.
Data as of Q1 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 18336 |
| Year Chartered | 1967 |
| Employees | 79 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.13% |
| Return on Equity - YTD | 6.74% |
| Annual Interest Income | $6.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2018vs Q1 2017 | $408.1MM$393.9MM |
| Loans | Q1 2018vs Q1 2017 | $364.2MM$343.4MM |
| Deposits | Q1 2018vs Q1 2017 | $338.5MM$329.9MM |
| Equity Capital | Q1 2018vs Q1 2017 | $68.8MM$63.3MM |
| Loan Loss Allowance | Q1 2018vs Q1 2017 | $15.3MM$14.9MM |
| Unbacked Noncurrent Loans | Q1 2018vs Q1 2017 | $12.4MM$8.5MM |
| Real Estate Owned | Q1 2018vs Q1 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Communitywide Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Communitywide Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.50% | $500 | - | High Rate - Quarterly | |
| 1.50% | $2k | - | IRA Savings | |
| 0.40% | $500 | - | Funds - Monthly | |
| 0.30% | $500 | - | Savings Account |
Communitywide Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.30% | $500 | - | Checking Account |
Communitywide Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.30% | $2k | - | 60 Month Share Certificate | |
| 3.20% | $2k | - | 48 Month Share Certificate | |
| 3.00% | $2k | - | 36 Month Share Certificate | |
| 2.95% | $2k | - | 30 Month Share Certificate | |
| 2.90% | $2k | - | 24 Month Share Certificate | |
| 2.65% | $2k | - | 18 Month Share Certificate | |
| 2.50% | $2k | - | 12 Month Share Certificate | |
| 2.15% | $2k | - | 6 Month Share Certificate |
Communitywide Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.30% | $2k | - | 60 Month IRA | |
| 3.20% | $2k | - | 48 Month IRA | |
| 3.00% | $2k | - | 36 Month IRA | |
| 2.95% | $2k | - | 30 Month IRA | |
| 2.90% | $2k | - | 24 Month IRA | |
| 2.65% | $2k | - | 18 Month IRA | |
| 2.50% | $2k | - | 12 Month IRA | |
| 2.15% | $2k | - | 6 Month IRA |
