ALEXANDRIA, Va. -- To meet the needs of the growing number of members who own small businesses, CommonWealth One Federal Credit Union has launched a line of products and services tailored just for them.
The $230 million credit union will offer checking accounts, money market accounts, equipment, installment and commercial real estate loans and lines of credit as well as Visa credit cards, employee benefit plans, business insurance, merchant services and payroll processing.
"We are excited to finally provide this new offering to our members. As the dynamics of our membership change, so does our need to adapt to the marketplace," said Charlotte Cash, vice president of sales and marketing. "Small businesses comprise a growing portion of our membership and CommonWealth One has created services and resources to help both the new and seasoned business owner manage and stay on top of their business."
CommonWealth One FCU serves more than 37,000 members.