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Find a Location

Commonwealth Central Credit Union has 1 locations, listed below.

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    Business ProfileforCommonwealth Central Credit Union

    Credit Union

    At-a-glance

    Customer Reviews

    1/5stars

    Average of 1 Customer Reviews

    Customer Complaints

    2 complaints closed in last 3 years

    1 complaints closed in last 12 months

    Customer Reviews are not used in the calculation of BBB Rating

    Reasons for BBB Rating

    Related Categories

    Products & Services

    This company's business is Credit Unions.

    Business Details

    Location of This Business
    5890 Silver Creek Valley Rd, San Jose, CA 95138-1027
    BBB File Opened:
    8/24/1982
    Years in Business:
    65
    Business Started:
    1/1/1959
    Business Incorporated:
    9/23/1958
    Type of Entity:
    Corporation
    Business Management
    • Craig Weber, CEO
    • Viktoria Earle
    Contact Information

    Principal

    • Craig Weber, CEO

    Customer Contact

    • Viktoria Earle
    Additional Contact Information

    Fax Numbers

    • (408) 531-3200
      Primary Fax
    • (408) 531-3131
      Other Fax

    Industry Tip

    BBB Tip: How to choose a new bank or credit union

    Customer Complaints

    2 Customer Complaints

    Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

    File a Complaint

    Most Recent Customer Complaint

    02/08/2024

    Complaint Type:
    Product Issues
    Status:
    Unanswered
    I financed my vehicle through common wealth credit union. I noticed that the company started placing forced placed insurance on my payments. I had my own vehicle insurance and i declined that service. However I was charged $60per month for 5 years. I called and complained repeatedly. However i was still bring charged for forced placed insurance. I had to contact each of my insurance providers and get the declarations and then email all of the information to common wealth loan adjustments department. even after I did this I was still being charged for insurance.I have made repeated phone calls to get this adjusted and i keep getting the run around.I am very upset with this company. I feel there business is conducted under fraudulent terms.I was told by ************************* i was making my final payment on December 18th in the amount of $594. I did not receive my payoff letter. I was contacted again from the loan adjustments department for another payment. They are turning around and charging me late fee's. I feel everything that I have been going through is illegal. I do have a payoff letter now for the final amount of $60. And they are still trying to charge me $300.I want all of my late fees returned and a professional letter of apology.I also want public to be aware of this unprofessional business.
    Read More

    Customer Reviews

    1 Customer Reviews

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    How BBB Processes Complaints and Reviews

    Start a Review

    Most Recent Customer Review

    Carolyn R

    1 star

    07/19/2024

    In 2015 I set up a Commonwealth account for my adopted daughter who was 18 at the time. I requested that Commonwealth block her debit card from making any purchases if the funds were not in her account. To prevent any overdraft fees. In June ************************************************************ 60 days. By then her overdraft fees reached $935.49. They took it out of my account without my knowledge.I logged into my account on Wednesday, June 3, 2024, and discovered the withdrawal.I called and spoke to ****** (who was very rude) he informed me they sent letters regarding this matter to my daughter. My question is, why didn't they send the letter to me or call me since I'm the account owner? In addition to this, Commonwealth had the nerve to delete (hide) my checking account. I was not able to access it online. I called June 3, 2024, and asked what happened to my account. A telephone representative apologized and found the deleted account containing $649.00. Said it would show up online by the end of the day. Which never happened.I called back the next day and they walked me through it to access my account.Another question, why was it deleted in the first place?What bothers me the most is I've been a loyal customer for 37 of the 65 years they have been in business.Another disappointment with their service happened on April 5, 2023, and October 4, 2023. Both times Commonwealth falsely reported me 30 days late on an unknown account to the ********************** bureau.I called ****** in April and October about the false credit reporting. He checked my account and discovered I had never been late. I asked, will this happen again? I didn't need this on my credit report. ****** said he'd check into it. He told me to call him the following Monday. Which I did and was informed he was on vacation. He never called or tried to reach out to me concerning this matter.Now I'm forced to seek legal action.This kind of service is Unacceptable.Very Disappointed Customer!

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