Rates
Because we're not-for-profit, we give back by providing higher rates for the money you save and lower rates on the money you borrow.
New Auto Loans
| Term in Months | Annual Percentage Rate (APR) as low as* | Monthly Payment Example per $1,000 Borrowed |
|---|---|---|
| 1-48 | 5.99% | $23.48 based on a 48 month term |
| 49-63 | 6.49% | $18.77 based on a 63 month term |
| 64-75 | 6.99% | $16.50 based on a 75 month term |
| 76-84 | 7.49% | $15.33 based on a 84 month term |
*Annual Percentage Rate. Rates, terms and conditions are subject to change and vary based on creditworthiness, qualifications and collateral conditions. All loans subject to approval.
Used Auto Loans
| Term in Months | Annual Percentage Rate (APR) as low as* | Monthly Payment Example per $1,000 Borrowed |
|---|---|---|
| 1-48 | 6.24% | $23.60 based on a 48 month term |
| 49-63 | 6.74% | $18.89 based on a 63 month term |
| 64-75 | 7.24% | $16.62 based on a 75 month term |
| 76-84 | 7.74% |
$15.46 based on a 84 month term
|
*Annual Percentage Rate. Rates, terms and conditions are subject to change and vary based on creditworthiness, qualifications and collateral conditions. All loans subject to approval.
| Term in Months | Annual Percentage Rate (APR) as low as* | Monthly Payment Example per $1,000 Borrowed |
|---|---|---|
| 1-63 | 6.74% | $18.89 based on a 63 month term |
| 64-120 | 7.44% | $11.84 based on a 120 month term |
| 121-180 | 7.74% | $9.41 based on a 180 month term |
*Annual Percentage Rate. Rates, terms and conditions are subject to change and vary based on creditworthiness, qualifications and collateral conditions. Maximum loan amount is $75,000. All loans subject to approval.
| Term in Months | Annual Percentage Rate (APR) as low as* | Monthly Payment Example per $1,000 Borrowed |
|---|---|---|
| 1-63 | 7.49% | $19.25 based on a 63 month term |
| 64-75 | 7.99% | $16.98 based on a 75 month term |
| 76-84 | 9.29% | $16.24 based on a 84 month term |
*Annual Percentage Rate. Rates, terms and conditions are subject to change and vary based on creditworthiness, qualifications and collateral conditions. Maximum loan amount is $50,000. All loans subject to approval.
| Loan Type | Annual Percentage Rate (APR) as low as* | Maximum Loan Amount |
|---|---|---|
| Signature Cash Personal Line of Credit | 11.49%** |
$50,000
|
| Signature Cash Personal Loan | 9.49%*** | $50,000 |
| Credit Builder Loan | Current Savings Rate at closing plus 3.00%**** | $1,000 |
*Annual Percentage Rate. Rates, terms and conditions are subject to change and vary based on creditworthiness and qualifications. All loans subject to approval.
**Rates are as low as 11.49% APR, Non-Variable. The minimum loan amount is $250. Monthly payments are based on $30 for up to every $1,000 borrowed. Payment example for Signature Cash Personal Line of Credit: The term is estimated at 40 months based on an initial loan amount of $1,000, no additional loan advances completed, an APR of 11.49%, and a $30 monthly payment. This payment amount is an example.
***Payment example for Signature Cash Personal Loan: For a $2,500 loan for a 12 months with a 9.49% APR, the monthly payment will be $219.12.
****Payment example for Credit Builder Loan: For a $1,000 loan for a term of 12 months with a 3.15% APR, the monthly payment will be $84.76.
| My Card Visa® | Click here to view the credit card agreement for current rates.* |
|---|
*Annual Percentage Rate. APR is a variable rate. Rates, terms and conditions are subject to change and vary based on creditworthiness and qualifications. All loans subject to approval.
| Mortgage Type* | Details |
|---|---|
| Mortgage Rates | View Mortgage Rates |
| First Mortgage | Minimum $10,000. Max $510,400. |
| Mortgage Refinances | Minimum $10,000. Max $510,400. |
| Second Mortgage Fixed Rate |
Will loan up to 100% of the appraised value based on credit worthiness. Minimum $5,000. Maximum $400,000.
|
| ARM Loans | On the anniversary date: Interest rate is set at the weekly average yield on the 12 month T-Bill as reported in the Wall Street Journal plus the appropriate margins for First Mortgages. Caps are 2% per year and 6% over life of the loan. |
| Residential/Unimproved Land | We will finance up to 80% of appraised value or purchase price, whichever is less; minimum amount $10,000.00; maximum amount $200,000.00. Call for term information. |
| Escrows | Escrows are required on all first mortgage products with a loan value over 80%. |
*Rates, terms and conditions are subject to change and vary based on creditworthiness, qualifications and collateral conditions. All loans subject to approval.
| Home Equity Product | Interest Rates as low as | Annual Percentage Rate (APR) as low as |
|---|---|---|
| Home Equity Line of Credit (up to 100% Loan-to-Value) | 7.75% | 7.75% |
*The Annual Percentage Rate is a variable rate and the maximum APR that can apply is 17.25%. The annual percentage rate may vary after the account is opened. Closing costs may range from $81.50 to $1,500. Property insurance is required and not included in the closing costs. Potential line of credit is $5,000 minimum and $400,000 maximum. Rates, terms and conditions are subject to change and vary based on credit worthiness, qualifications and collateral conditions. All loans subject to approval.
| Account Type | Dividend Rate as of November 1, 2024 | Annual Percentage Yield (APY)* |
|---|---|---|
| Commonwealth Business Account* | 0.10% | 0.10% |
|
commonWEALTH
No minimum balance
|
0.10% | 0.10% |
|
Round UP
No minimum balance
|
see Round UP Savings | see Round UP Savings |
|
Power Checking
No minimum balance
|
View Tier Comparisons in the chart below | View Tier Comparisons in the chart below |
|
Power Checking
Tier Comparison
|
Standard APY** | Tier 1 APY** |
Tier 2
APY**
|
Tier 3
APY**
|
|---|---|---|---|---|
| Average Daily Balance | No Requirements | Requires eStatements | Tier 1 Qualifications Plus 20 Debit Card Transactions | Tier 2 Qualifications Plus an Open Loan |
| $0-$9,999.99 | 0.15% | 1.80% | 2.05% | 2.30% |
| $10,000-$24,999.99 | 0.30% | 1.95% | 2.20% | 2.45% |
| $25,000-$49,999.99 | 0.45% | 2.10% | 2.35% | 2.60% |
| $50,000-$99,999.99 | 0.60% | 2.25% | 2.50% | 2.75% |
| $100,000+ | 0.85% | 2.50% | 2.75% | 3.00% |
*Annual Percentage Yield. The APY is variable and may change after account opening without notice. Commonwealth Business Account must maintain an average daily balance of $5,000 to earn dividends.
**Annual Percentage Yield. Rates are variable and subject to change after account opening. September 1, 2024. Advertised APY is based on meeting the following criteria: enrollment in eStatements, 20 monthly debit card transactions, and an open loan. Other rates are available and are based on account balance, requirements, and mentioned criteria for the 3 tiers. If the requirements are not met, your account will earn the standard APY. No minimum balance required to open or earn the APY. No monthly service charge. All loans subject to approval. Insured by NCUA.
Savings (including Traditional and Roth IRAs)
*Annual Percentage Yield. Dividend Rates are subject to change without notice. Dividends are paid and compounded Monthly. Substantial Penalties apply for early withdrawal. Annual Percentage Yield assuming dividends are reinvested.
**Each member may only have one account. The maximum initial deposit is $1000. After the account is opened, additional deposits are permitted between October 1 and October 31 each year. No more than $1000 may be deposited to the account for each year that the account has been open. Early withdrawal penalties may apply. Fees may reduce earning on the account. §Annual Percentage Yield. $75,000 minimum balance. Rate accurate as of 10/1/24 and subject to change. Monthly compounded dividends. Penalties for early withdrawal; fees may reduce earnings. Auto-renews to a Jumbo Certificate with same term at standard Jumbo rates. Limited time offer.
*Annual Percentage Yield. Dividend Rates are variable and subject to change after account opening without notice. Dividends are paid and compounded monthly based on average daily balance. Minimum balance of $2,500 required to earn the stated APY. Fees could reduce earnings.
| Account Type | Dividend Rate as of November 1, 2024 | Annual Percentage Yield (APY)* |
|---|---|---|
| Regular/Minor Savings | 0.15% | 0.15% |
| Vacation Club/Christmas Savings | 0.15% | 0.15% |
| Round UP Savings**Round up savings is only for funds transferred from the Round UP Checking account. No additional deposits allowed. Dividends paid annually and subject to change without notice. | 5.00% | 5.00% |
| Traditional/Roth IRA | 0.20% | 0.20% |
| Personal Goal Account | 0.499% | 0.50% |
*Annual Percentage Yield. The APY is variable and may change after account opening without notice. Dividends are paid and compounded Monthly. APY assuming dividends are reinvested.
**Round Up Savings is only for funds transferred from the Round UP Checking account. No additional deposits allowed. Dividends paid annually and subject to change without notice.
Certificates (Regular, Traditional IRA, and Roth IRA)
| Term | Dividend Rate as of November 1, 2024 | Annual Percentage Yield (APY)* |
|---|---|---|
|
6 months - New money only, not funds currently on deposit with Commonwealth Credit Union
$500 minimum
|
4.889% | 5.00% |
|
6 months
$1,000 minimum
|
4.650% | 4.75% |
|
12 months |
3.050% | 3.10% |
| 18 months $1,000 minimum |
3.203% | 3.25% |
| 24 months $1,000 minimum |
3.300% | 3.35% |
| 36 months $1,000 minimum |
3.300% | 3.35% |
| 48 months $1,000 minimum |
3.445% | 3.50% |
| 60 months $1,000 minimum |
3.687% | 3.75% |
|
Grow with Me**
$250 minimum This account is available only for members under 18 years of age. Accounts may be opened between October 1 and October 31 each year.
|
Only available in October. | Please check back next year! |
| 6-month Jumbo Certificate§ | 4.889% | 5.00% |
| 12-month Jumbo Certificate§ | 4.650% | 4.75% |
**Each member may only have one account. The maximum initial deposit is $1000. After the account is opened, additional deposits are permitted between October 1 and October 31 each year. No more than $1000 may be deposited to the account for each year that the account has been open. Early withdrawal penalties may apply. Fees may reduce earning on the account. §Annual Percentage Yield. $75,000 minimum balance. Rate accurate as of 10/1/24 and subject to change. Monthly compounded dividends. Penalties for early withdrawal; fees may reduce earnings. Auto-renews to a Jumbo Certificate with same term at standard Jumbo rates. Limited time offer.
| Average Daily Balance | Dividend Rate | Annual Percentage Yield (APY)* |
|---|---|---|
| $100,000 and up | 2.472% | 2.50% |
| $50,000 to $99,999.99 | 2.227% | 2.25% |
| $25,000 to $49,999.99 | 2.080% | 2.10% |
| $10,000 to $24,999.99 | 1.933% | 1.95% |
| $2,500 to $9,999.99 | 1.785% | 1.80% |
Business Money Market Accounts
*Annual Percentage Yield. Dividend Rates are variable and subject to change after account opening without notice. Dividends are paid and compounded monthly based on average daily balance. Minimum balance of $2,500 required to earn the stated APY. Fees could reduce earnings.
| Average Daily Balance | Dividend Rate | Annual Percentage Yield (APY)* |
|---|---|---|
| $100,000 and up | 3.928% | 4.00% |
| $50,000 to $99,999.99 | 3.687% | 3.75% |
| $25,000 to $49,999.99 | 3.542% | 3.60% |
| $10,000 to $24,999.99 | 3.397% | 3.45% |
| $2,500 to $9,999.99 | 3.251% | 3.30% |
Wealth Development Certificate
- Required monthly contribution transfer from account once per month
- One withdrawal allowed within a 90-day period**
| Term | Min to Open | Monthly Min/Max | Annual Percentage Yield (APY)* |
|---|---|---|---|
| 24 months | $5.00 | $20/$400 | 5.00%, paid annually |
| 48 months | $5.00 | $20/$200 | 5.00%, paid annually |
*Annual Percentage Yield. Accurate as of November 1, 2024. Early withdrawal penalties may reduce earnings. Funds transferred to a regular savings account at maturity. Dividend paid annually on the anniversary of the open date.
**A subsequent withdrawal in the same 90-day period will be subject to an early withdrawal penalty and the certificate will be closed.
**A subsequent withdrawal in the same 90-day period will be subject to an early withdrawal penalty and the certificate will be closed.