Loans

Refinance Your Auto Loan
24 Hour Loan Convenience

Apply for a loan anytime online (does not include home loans)

Low cost Credit Life and Disability Insurance is available on most loans.

Think about the things you need. Now think about how you're going to pay for them. Commonwealth CU has financing for virtually anything possible, with competitive rates and affordable and convenient payment options.

Payments can be made by:
  • Payroll Deduction: A painless and convenient way to deduct money from your paycheck and apply it directly to your loan.
  • ACH Origination (an electronic transfer): Make your loan payments with funds from an account at another financial institution.
  • Online Banking and Mobile Banking: Transfer the payment from your Online Banking account.
  • Pay your bills the easy way...online! Through our free, secure online payment center, pay your Commonwealth Credit Union loans with your Visa Debit Card, Mastercard Debit, or an Electronic Check from ANY financial institution. Click here to see how.
  • Account Transfer: Have the minimum payment or entire balance automatically transferred from your savings or checking account on the monthly due date.
  • Traditional Cash or Check Payments: Pay in person, by mail or by transferring funds from your savings or checking account by using Tellie, our Touch-Tone Teller. Click Here to print Payment Coupons.
All loan payments will first be applied to cover interest due and the remainder then would reduce the loan balance. Extra payments made the same day after the regular payments are made go toward the balance as long as the interest due has been satisfied.