By Anonymous September 28, 2009
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August 19, 2011 – Alexandria, VA – CommonWealth One Federal Credit Union of Alexandria, VA is now offering My Deposit, a free online remote deposit capture solution provided through Intuit Financial Services. With My Deposit, members can save time and have faster access to their money by depositing checks from their home or office computer through CommonWealth One’s secure, online banking portal, Online Branch. Members simply scan checks they want to deposit and transmit them electronically to CommonWealth One for clearance. Checks submitted via the solution are cleared by the credit union more quickly than traditional in-branch deposits, providing members faster access to those funds. My Deposit is available 24 hours a day and is easy to use. Members can be confident their transactions are secure and protected via the secure Online Branch portal. My Deposit also helps members save time by archiving their deposited checks within the system, reducing the need to balance a checkbook. CommonWealth One is offering an online My Deposit demonstration, user guide and a listing of frequently-asked questions on its website. New CommonWealth One members will be able to access this helpful application by simply opening a share account at any of its branches within the metro Washington, DC and Harrisonburg regional areas. CommonWealth One Federal Credit Union places critical importance on helping their members achieve financial independence and improve their standard of living through its products, services, commitment to financial education and community involvement. By offering My Deposit to its members, CommonWealth One is enabling its members to enjoy a new level of convenience. About CommonWealth One Federal Credit Union Since 1944, CommonWealth One Federal Credit Union has grown to become one of Northern Virginia’s top credit unions with more than$295 million in assets serving more than 36,000 members. CommonWealth One is a full-service, member-owned, not-for-profit financial cooperative committed to being the lifetime financial institution of its members. For information on our history, upcoming events, and more visit www.cofcu.org. About Intuit Financial Services Intuit Financial Services, an Intuit Company, helps banks, credit unions and other financial institutions grow by making it easier for consumers and businesses to manage their money. We've applied more than three decades of customer insights to build an innovative portfolio of on-demand solutions and services that anticipates and meets their needs. Learn more atwww.ifs.intuit.com. --30 -- Intuit and the Intuit logo, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of their respective owners and should be treated as such. ...read more
By CommonWealth One Federal Credit Union August 19, 2011
On Tuesday, August 16th, CommonWealth One Federal Credit Union welcomed 24 delegates from the Dominican Republic's World Council of Credit Unions (WOCCU) and their National School of Cooperative Education, Inc. (ENECOOP) to their headquarters in Alexandria, Virginia. These two Dominican organizations focus on spreading the doctrine, values, principles and practices of cooperatives; and provide training programs, seminars and internship/job positions within cooperatives. CommonWealth One was the first credit union in the country to be visited by the delegates, who enjoyed a morning presentation focusing on topics such as products&services;, departmental structure, procedures®ulations, and internet banking capabilities. "It was an amazing opportunity to exchange philosophies and policies," said Vice President of Marketing & Retail Sales Charlotte Cash. After the presentation, the delegates were treated to a facility tour and a luncheon at a local restaurant. ...read more
By CommonWealth One Federal Credit Union August 19, 2011
August is the last month that CommonWealth One is offering Sunsational Auto Loans. Members can get an auto loan with rates as low as 2.99% APR for new or used cars, plus the opportunity to earn $50 cash. Summer is more than half over and now is the time to take advantage of these last few weeks by taking that last minute vacation to the beach, mountains or anywhere else your new car can take you. When you finance your new or used car with a Sunsational Auto Loan from CommonWealth One, there’s no end to where you can go. CommonWealth One’s auto loan has proven to be the hottest rate of the summer, helping members finance a 2006 or newer vehicle for as low as 2.99% APR for up to 72 months. Most banks or dealerships simply can’t beat this rate, especially on cars older than 2009 models. And as a great bonus through September 30, members can refer a friend, family member or coworker for a Sunsational Auto Loan using a “Golden Ticket”. When a loan attached to a “Golden Ticket” is disbursed, both the referring member and the loan recipient receive a $50 deposit into their CommonWealth One account. And the borrower, who can be a new or existing CommonWealth One member, is also entered into a drawing for a $500 Visa® Gift Card. Like summer, this is also the last month for the $500 Visa Gift Card drawing! There are no restrictions on how many people members may refer. To learn more about Sunsational Auto Loans and the CommonWealth One Golden Ticket, please visitwww.cofcu.org/GoldenTicket. ...read more
By CommonWealth One Federal Credit Union August 12, 2011
When the economy tanked in the early 2000s most people began to worry about the state of their bank's health. At the present time, however, banks are beginning to stabilize and hire more workers as they iron out the remaining wrinkles in their business. Those interested in banking should have a wide r... ...read more
Banks and credit unions have been in the news a lot lately for many reasons. This has led many people to wonder if there are any difference between a bank and a credit union and have started to compare banks with credit unions. The two has similarities, but then they also have many differences as well... ...read more
