Pay your way
We're certain you're making the most of your CommonWealth One loan, and we know you want to save time making your monthly payments.
You can make your monthly loan payment in various ways. We're especially excited about our eLoan Payment Service that makes it easier and quicker than ever to submit payments. This secure online payment service allows you to make your loan payment conveniently and securely online via ACH, or a Visa, MasterCard or Discover debit card from another financial institution for a nominal fee§.
But you also can use Direct Deposit to funnel a portion of your paycheck toward your loan; log in to Online Banking and set up automatic transfers from one of your CommonWealth One accounts to your loan account; or visit one of our branches.
If you're interested in mailing your payment to us, please use this address and include your loan account number on the memo line.
CommonWealth One Federal Credit Union
P.O. Box 9997
Alexandria, VA 22304
CommonWealth One Federal Credit Union is a full-service credit union with branches in Virginia and Washington, D.C.
§There is a $5 fee per transaction for using the eLoan Payment service. This fee is waived if you set up repayment using the recurring service feature. The maximum payment allowed is $2,500 or your principal loan balance, whichever is less. Payments cannot be made using a credit card; however, you may make payments using a Visa, Discover or MasterCard debit card.
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