Share Secured Loans
Be your own lender.
We provide debt protection for unexpected costs or accidents.
Unlock your savings to borrow at a lower rate while you build credit
If your credit score has kept you from qualifying for a loan, you can use your CommonWealth One savings to borrow the money you need.
Borrow money, and keep saving it
Here's an easy way to build your credit history while borrowing money. Just use your CommonWealth One savings balance as collateral to get a personal loan at a budget-friendly rate. You'll have access to the cash you need to address your needs today while your savings continue to grow for the future. And as you make on-time payments, your credit score increases, helping you qualify for conventional loans later.
- Low rate loan, just 3 percentage points above deposit rate
- Borrow up to 100% of available funds on deposit
- Terms up to 60 months
- Easy repayment through direct deposit
- No pre-payment penalties
Start your path to long-term security with an account that makes it easy to grow your money.
What's Your Journey?
The customer service at CommonWealth One has been exceptional, assisting me with my first car loan. I’ve had a positive experience with both my car and personal loans, enjoying quick service and competitive rates. I feel valued rather than just a customer.
Member since 2021
CommonWealth One Federal Credit Union is a full-service financial institution with branches in Northern Virginia, Maryland and Washington D.C.