Commonwealth Central Credit Union

Commonwealth Central Credit Union was chartered in 1958 and its charter number is 51741. Commonwealth Central Credit Union's address registered with the NCUA is PO BOX 641690 SAN JOSE, CA 95164. As of 07/24/06, Commonwealth Central Credit Union reported $385,563,881 in assets. The credit union currently has 40,904 members. It's Manager/CEO is Craig Weber. The credit unions website is www.wealthcu.org

Commonwealth Central Credit Union is a member of the California Credit Union League . Commonwealth Central Credit Union Financial Evaluation
2006
Total Assets: $380,610,390
Total Loans: $258,153,551
Net Worth Ratio: 9.8
% Share Growth: -0.38
% Loan Growth: 3.86
Loans/Assets Ratio: 67.82
Investment/Assets Ratio: 25.27
Number of Members: 40,701
Number of Full-time Employees: 100

 In the year of 2006, Commonwealth Central Credit Union assets decreased by 0.02% and its membership increased by 0.02%. Commonwealth Central CU's membership increased by a total of 633 members. Assets decreased by the amount of $5,789,554. The total loan amounts went from $248,559,105 in 2005 to $258,153,551 in 2006. Their net worth ratio increased to 9.8. Commonwealth Central CU decreased their job opportunities to 100 by reducing 1 employee.

2005
Total Assets: $386,399,944
Total Loans: $248,559,105
Net Worth Ratio: 9.22
% Share Growth: 5.48
% Loan Growth: 20.86
Loans/Assets Ratio: 64.32
Investment/Assets Ratio: 29.63
Number of Members: 40,068
Number of Full-time Employees: 101

 In the year of 2005, Commonwealth Central Credit Union assets increased by 0.07% and its membership increased by 0.03%. Commonwealth Central CU's membership increased by a total of 1,274 members. Assets increased by the amount of $25,738,369. The total loan amounts went from $205,658,232 in 2004 to $248,559,105 in 2005. Their net worth ratio increased slightly to 9.22. Commonwealth Central CU decreased their job opportunities to 101 by reducing 1 employee.

2004
Total Assets: $360,661,575
Total Loans: $205,658,232
Net Worth Ratio: 9.2
% Share Growth: 3.14
% Loan Growth: 1.38
Loans/Assets Ratio: 57.02
Investment/Assets Ratio: 36.82
Number of Members: 38,794
Number of Full-time Employees: 102

  

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