Commonwealth Credit Union

About Commonwealth Credit Union

Commonwealth Credit Union Location

P.O. Box 2269
Kankakee, IL 60901

Phone: (815) 937-7447
Website: www.cwcu.coop
Routing/Transit Number: Not Available

Commonwealth Credit Union Information

Commonwealth Credit Union of Kankakee, IL is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 10539 members and assets of $59,141,818, as compared to the national average of $93 million dollars of assets per credit union. Commonwealth Credit Union, first opened in 1951 and has been in operation since then. Additionally, Commonwealth Credit Union has 26 full time employees and 8 part time employees, or 309.970588235 members per employee, compared to a national average of 376.32254.

While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that Commonwealth Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. Commonwealth Credit Union is a not-for-profit, cooperative, tax-exempt organization.