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Credit Card Information
Additional Loan Information
Applicant Information
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Eligibility

Because membership is required to take advantage of this wonderful loan product, please tell us how you qualify for membership.

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Click here to qualify through the Virginia Consumer Council (VACC)
I confirm that I am a VACC member residing in VA, MD, DC, NC, WV, KY, or TN.
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Required Products
Select at least one of the following products required for membership
Regular Share Savings Account

Savings in a Credit Union are called "shares", and your regular share account is the basic membership savings at CommonWealth One. Opening a savings account at CommonWealth One is simple. All you need is a minimum deposit of just $5.00.

APY: 0.05%


You may select one of the following products
Available Products
9-Month Share Certificate

Lock in our best yields and get the return you want with a Share Certificate, which offers you great rates and flexible savings terms. Share Certificates earn a higher percentage rate over a traditional savings account and offer automatic renewal options.

Max APY: 4.84% Min Deposit: $1,000.00

6-Month Share Certificate Account

Lock in our best yields and get the return you want with a Share Certificate, which offers you great rates and flexible savings terms. Share Certificates earn a higher percentage rate over a traditional savings account and offer automatic renewal options.

APY: 3.56% Min Deposit: $500.00

15-Month Share Certificate

Lock in our best yields and get the return you want with a Share Certificate, which offers you great rates and flexible savings terms. Share Certificates earn a higher percentage rate over a traditional savings account and offer automatic renewal options.

APY: 2.32% Min Deposit: $50.00

18-Month Share Certificate

Lock in our best yields and get the return you want with a Share Certificate, which offers you great rates and flexible savings terms. Share Certificates earn a higher percentage rate over a traditional savings account and offer automatic renewal options.

Max APY: 3.09% Min Deposit: $1,000.00

60-Month Share Certificate

Lock in our best yields and get the return you want with a Share Certificate, which offers you great rates and flexible savings terms. Share Certificates earn a higher percentage rate over a traditional savings account and offer automatic renewal options.

Max APY: 4.10% Min Deposit: $1,000.00

12-Month Share Certificate Account

Lock in our best yields and get the return you want with a Share Certificate, which offers you great rates and flexible savings terms. Share Certificates earn a higher percentage rate over a traditional savings account and offer automatic renewal options.

Max APY: 3.92% Min Deposit: $1,000.00

24-Month Share Certificate

Lock in our best yields and get the return you want with a Share Certificate, which offers you great rates and flexible savings terms. Share Certificates earn a higher percentage rate over a traditional savings account and offer automatic renewal options.

Max APY: 3.20% Min Deposit: $1,000.00

48-Month Share Certificate

Lock in our best yields and get the return you want with a Share Certificate, which offers you great rates and flexible savings terms. Share Certificates earn a higher percentage rate over a traditional savings account and offer automatic renewal options.

Max APY: 3.85% Min Deposit: $1,000.00

36-Month Share Certificate

Lock in our best yields and get the return you want with a Share Certificate, which offers you great rates and flexible savings terms. Share Certificates earn a higher percentage rate over a traditional savings account and offer automatic renewal options.

Max APY: 3.55% Min Deposit: $1,000.00

KASASA CASH CHECKING

Tailored for those who seek to maximize their returns, This free account not only offers an impressive APY but also provides up to $25 monthly in ATM fee reimbursements when you meet the qualifying criteria. • APY: 5.50% • No Minimum Balance Required • No Monthly Maintenance Fees

KASASA CASH BACK CHECKING

Designed for those seeking cash rewards, Earn 4% cash back on your debit card transactions and receive up to $25 monthly in ATM fee reimbursements, subject to qualification. • No Minimum Balance Required • Maximum Monthly Cash Back: $8 per month

KASASA EATS CHECKING

Earn 4% cash back on debit card purchases at select grocery stores, food delivery services, and restaurants with this free checking account. Get up to $25 in monthly ATM fee reimbursements. No minimum balance required. Max monthly cash back: $12.

Holiday Club Account

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APY: 0.05% Min Deposit: $5.00

NextOne Savings

NextOne is for members 18–22 years old. Whether heading back to class or starting a new job, whatever is NEXT, we are here for you!

APY: 2.10%

Vacation Club Account

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APY: 0.05% Min Deposit: $5.00

Money Management Plus

If you have $10,000 or more to invest, our Money Management Plus Account is a great option. Plus, you'll earn even better rates when you maintain an average daily balance of $10,000 or more.

Max APY: 0.85% Min Deposit: $5.00

Money Management Account

Earning higher dividend rates is one of the advantages of a Money Management Account when you maintain a $2,500 average daily balance.

Max APY: 0.65% Min Deposit: $5.00

APY (Annual Percentage Yield)
Please answer the following question(s)
How did you hear about CommonWealth One?*
PROMO CODE
Rush card for $30.00 fee?*
Would you like the CommonWealth One or the James Madison University design?*
Promo Code*
Please enter the Name of the family, friend or co-worker:*
If you would like to opt-in for text messaging, check “YES”, otherwise, check “NO”. (Standard text messaging rates may apply.)*
Please enter the mobile number you would like to use for text messaging? Please include area code.*
Do you give CommonWealth One consent to contact you regarding your membership? Please click here to read our "Consent to Contact" disclosure. *
Will the initial deposit exceed $5000?*
Will you send or receive wire transactions?*
Will you deposit or withdraw cash?*
Will you send or receive electronic (non-wire) transactions?*
What is the source of the deposits into your account?*
Protection that Matters

Credit Life and Credit Disability Insurance, underwritten by CMFG Life Insurance Company, is available for most loan products

Would you like more information about protecting your loan payment or balance with Credit Life and Credit Disability Insurance from your lender?

Debt Protection is available with most loans by the credit union. It is designed to cancel your loan payment or balance, up to the contract maximums, if a protected life event occurs. Available package options will include one or more of the following life events: Life, Disability or involuntary unemployment.

Would you like more information about protecting your loan payment or balance with Debt Protection from your lender?

MEMBER’S CHOICE™ Guaranteed Asset Protection (GAP) is an optional protection product made available by the credit union. In the event of a total loss, GAP is designed to cancel the difference between your primary insurance settlement and the outstanding loan balance, up to the contract maximums. For more information, call or visit the credit union.

Would you like more information about protecting your loan with GAP from your lender?

Mechanical Repair Coverage can help you limit the cost of covered vehicle breakdowns.

Would you like more information about Mechanical Repair Coverage from your lender?
Read, Sign and Submit

By clicking on "I agree", you authorize us to verify the information you submitted and to obtain credit reports concerning you. Upon your request, we will tell you if a credit report was obtained and give you the name and address of the credit reporting agency that provided the report. You warrant to us that the information you are submitting is true and correct. By submitting this application, you agree to allow us to receive the information contained in your application, as well as the status of your application.

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