Better Together
Together We’re Building What’s Next
Merger Approved - A Big Thank You to Our Members!
We’re thrilled to share exciting news: the merger with Arlington Community Federal Credit Union was overwhelmingly approved by you, our CommonWealth One members.
This incredible show of support reflects the trust our members place in us and reinforces what we’ve believed all along - we are better together. Because of you, we’re officially moving forward with plans to come together in 2026.
What happens next?
- For now, how you conduct business with CommonWealth One will remain the same. Our branch locations remain open during and after the merger and you can continue using your checks, cards, and accounts as you do today.
- After the legal merger date of July 1, 2026, CommonWealth One and Arlington will become one legal entity, and we will continue to operate as CommonWealth One Federal Credit Union.
- After July 1, 2026, we will work to thoughtfully integrate our systems and operations, with a goal of being fully integrated during the 3rd quarter of 2027.
- Once integration is complete, all branches will operate as one organization. Members will have expanded access to all 10 CommonWealth One branch locations – while continuing to receive the same personalized service, local care, and trusted relationships you know today.
We will continue to share important updates and applicable information as the time gets closer.
This partnership opens the door to expanded resources, enhanced technology, and even greater opportunities for our members, all while building on the strong foundation that makes CommonWealth One special.
If you have any questions that haven’t been addressed, please contact us by email at [email protected] or by phone at (800) 424-3334.
Thank you for your confidence, your voice, and your vote. We’re excited for what’s ahead and look forward to building our future together.
What this partnership means for you and our community
Together, we’ll be stronger and better positioned to serve you, while preserving what makes both CommonWealth One FCU and Arlington Community FCU special.
You’ll continue to see the same friendly faces, benefit from the same solutions-focused service, and enjoy being part of a cooperative that uplifts our communities. You’ll also gain access to expanded resources designed to meet your needs now and throughout your financial journey.
It’s about creating more for you:
More access through expanded branch locations
More services tailored to your financial goals
Greater strength to support your future
More opportunities to thrive, grow, and succeed
FAQs
For the time being, it’s business as usual and you don’t need to take any action. Your accounts, access, and service are not changing today.
We will let you know about any changes or actions you need to take well in advance as we go through the process of integrating our credit union systems in the third quarter of 2027. After that, you will be able to take advantage of all the new branches, products, and services of our combined credit union.
There will be no changes to your accounts until we combine our credit union systems in the third quarter of 2027. We will work hard to make the integration as easy as possible so you can conduct business as you always have.
Please look for important information in the coming months about any changes and how you can take advantage of all the new branches, products and services available to you.
You will not need to open a new account. When we integrate our systems next year, all existing accounts will automatically transfer to our system.
For now, it’s business as usual - you can continue using your accounts as normal.
As we get closer to inegrating our systems, we’ll keep you informed with clear updates and support you throughout the transition.
Please continue mailing your deposits and loan payments to the same location. We will notify you of any address changes well in advance.
Not quite yet. Members will be able to take advantage of any new products and services after we integrate our systems next year.
Not yet. We first need to integrate our systems and convert member information to access your information when you visit a ACFCU branch. You will have full access to all the combined branches after we combine our systems in the third quarter of 2027.
Your rates on fixed-rate loans and certificates will stay the same until the end of their current terms. Other products will adjust as usual, based on market conditions.
Together, we’ll become a $1.1 billion credit union serving over 61,000 members across Northern Virginia, Harrisonburg Virginia, Maryland and Washington, D.C.
That scale means more resources, more innovation, and more support for members and employees. We’re combining the best of both credit unions – products, services, technology, and talent – while staying true to our mission and local roots.
Yes, absolutely! Both credit unions are committed to remaining member-owned and not-for-profit financial cooperatives. This merger allows us to grow responsibly while staying true to our mission of putting members first.
No. This is not an acquisition. It is a strategic merger between two strong, like-sized credit unions that share similar values and goals.
We are combining our strengths to create even more opportunities for our members, employees, and communities. By coming together as peers, we are able to offer more products, services, and conveniences - while continuing to operate as a credit union owned by members.
This merger brings some exciting perks, including:
- More Locations: 10 branches across Northern Virginia, Harrisonburg Virginia, Maryland and Washington D.C. for added convenience.
- Enhanced Experience: Streamlined processes and better tools to give you even more personalized attention.
- Increased Innovation: More resources and combined expertise to develop products, services, and digital solutions.
- Stronger Communities: Greater investment in local outreach, financial education, and community support.
- Greater Stability: A stronger financial institution ready to serve you for years to come.
And don’t worry, our friendly, knowledgeable staff will still be here to help you every step of the way.
Karen Rosales, Arlington Community’s current CEO, will lead the combined organization. Frank Wasson, CommonWealth One’s CEO, will retire in December 2026, and then will stay on as a consultant to assist with the transition.
Your accounts will remain safe, sound and federally insured through the National Credit Union Share Insurance Fund (NCUSIF), a U.S. Government Agency, as they are today.
Our current telephone numbers, emails and website address will stay the same for now. We’ll let you know of any changes well in advance of integrating our credit union operations and systems in the third quarter of 2027.