Membership Eligibility

Opening an account at CommonWealth One is easy — you just have to meet a few eligibility requirements.  

Once you open your account, you have access to many of the same services that a bank offers — and even more benefits, including lower rates and better financial resources.


You can open an account if you qualify for membership in one of these ways.

1. Live, Work, Worship or More in These Areas

We serve anyone who lives, works, worships, goes to school, or volunteers in the following areas: 

  • City of Alexandria, VA (specific areas)
  • Washington, DC
  • City of Harrisonburg, VA
  • Warren County, VA 
  • Clarke County, VA

2. A Member of the Virginia Consumer Council Residing in Virginia, Maryland, Washington DC, North Carolina, West Virginia, Kentucky, or Tennessee.

You can join CommonWealth One FCU by becoming a lifetime member of the non-profit, consumer education organization, Virginia Consumer Council (VACC), and enjoy the many benefits and services that it offers.

The Virginia Consumer Council advocates on behalf of consumers and educates and trains consumers in how to purchase safe, reliable products and services. Secondly, they administer the Green C Certification Program to encourage environmental stewardship and corporate social responsibility.  Visit to learn more.

When you open your account online at CommonWealth One, the VCC $15 membership fee is waived.  If you open your VCC membership online at, use promo code, “COFCU”, to waive the fee.

3. Sponsor Groups

If you are an employee with one of our 200+ sponsor groups, you are eligible to join. Click here for a listing of sponsor groups. You can also apply to have your company become a Sponsor Group to offer CommonWealth One membership.

4. Family Membership

The benefits of joining a credit union can be extended to family members of CommonWealth One members. Family members are defined as spouses, children, siblings, parents, grandparents, and grandchildren. Plus, people living in the same household and maintaining a single economic unit qualify.