- Vehicle Loans
- Credit Cards
- Home Loans
We are difference makers for members
and our communities.
Supporting Our Schools & Financial Education
In 2020, CommonWealth provided support to our local schools in a variety of ways. We value all of the hard work that is done in our local schools to provide tools and resources to students in order to help them meet their goals and prepare them for the future. We are honored to be a trusted resource for participation and support in these local schools.
Educational scholarships have been a part of CommonWealth’s annual giving programs for many years. However, in recent years, we increased our efforts with our scholarship program to help high school seniors meet their educational goals. Our program considers how students volunteer and make an impact in their local community. In 2020, we awarded 17 educational scholarships to deserving high school seniors. We are proud to honor these amazing students for making a difference while achieving their educational goals.
Because we are dedicated to the financial well-being of our members and communities, we recently began offering an online-based financial education program to local schools called CommonCents Scholars, where students will be able to increase their financial literacy and learn how to make better financial decisions. We are also continuing our financial education program, WealthMatters and CommonCents. WealthMatters, our program for adult financial education, offers an interactive learning experience that provides financial tools and tips to help put our members on the path to financial success. CommonCents, our program for youth financial education, makes learning about money fun and provides simple financial tools and games for young people to learn about managing their money.
In The Community
Supporting our local communities is a big part of the culture at CommonWealth. Through volunteering and direct volunteer support, we have participated in or sponsored over 50 local events. In addition, over 70% of employees at CommonWealth have volunteered for various events throughout Santa Clara County.
Throughout the years, you may have seen us at a variety of local community events—from passing out sunglasses and light-up bracelets at Morgan Hill’s Friday Night Music Series to pouring beer & wine at local festivals like Campbell’s Boogie on the Avenue and the Milpitas International BBQ. Of course, our community efforts would not be complete without our parade participation in Morgan Hill’s 4th of July Freedom Fest and their Kiwanis Club Holiday Lights Parade.
We provided sponsorships to many local schools and community organizations in support of their fundraising efforts in our communities. We also hosted a variety of charitable giving drives at our branches and corporate office where we collected nonperishable foods, backpacks, school supplies, socks, and other children’s essentials for local organizations like Second Harvest Food Bank and Cecelia’s Closet.
In 2020, we continued to strengthen relationships with local organizations like Rebuilding Together Silicon Valley and TurningWheels For Kids when our communities need it the most. Through these partnerships, we help with painting and repairing homes for elderly and disabled homeowners and building bikes for children in Santa Clara County.
We are your neighbor. We are a part of your community.
We live here, work here, and volunteer here too.
As a proud resident of Santa Clara County, CommonWealth actively supports the following community efforts:
- Educational Scholarships - Each year, CommonWealth selects college-bound high school students to receive $1,000 scholarships. We are now accepting applications for the graduating class of 2021.
- Charitable Contributions - Each year, CommonWealth selects four to five deserving non-profit organizations to receive grants to help the community. Now accepting applications through March 31, 2021.
- Second Harvest Food Bank - CommonWealth partners with Second Harvest Food Bank to collect food for local families in need.
- TurningWheels For Kids - In December, CommonWealth partners with Turning Wheels for Kids to help raise money and build bikes for underprivileged children throughout Santa Clara County.
- Local school sponsorships for Milpitas High School, Pomeroy Elementary School–Milpitas, Live Oak High School, and Paradise Valley Elementary School–Morgan Hill.
CommonWealth is a member of the following Chambers of Commerce: San Jose/Silicon Valley, Campbell, Milpitas, and Morgan Hill.
Below is more information about our annual charitable giving programs as well as some upcoming community events.
- 2020 Charitable Contribution Recipients
The mission of the LLEC is to be an agent of change by enabling low income, immigrant women to develop competency in English literacy and to build relationships among themselves, their families, and the community. 90% of the women are below the poverty level, with the other 10% being just above the poverty level. 94% of women are from Spanish-speaking countries, while others are from the Philippines, Cameroon, Vietnam, China, Malaysia, Korea, Thailand, Iran, and Afghanistan.
RSTV is a San Jose-based non-profit organization that performs critical home safety and accessibility repairs at no charge for low-income elderly and disabled homeowners throughout Silicon Valley. Founded in 1991, RSTV has since mobilized 37,287 volunteers to repair and restore over 4,160 homes and non-profit facilities. The programs at RTSV allow seniors to remain living in their homes and people living with disabilities to live safely with dignity and independence. RTSV also helps to preserve affordable homeownership and revitalize neighborhoods across Santa Clara County.
NDS is a San Jose based non-profit whose mission is “to end domestic violence in the moment and for all time” – creating paths for survivors from crisis to safety, stability, and greater self-reliance. In 1971 a woman victimized by domestic violence had little in the way of legal support, community advocacy, or a safe place to go. Fortunately, a small group of female activists concerned with the lack of services took action and established a hotline and a shelter in a garage. Today, the hotline is the same phone number and the shelter, which moved to a larger home in 1994, provides around 19 beds to women and their children fleeing abuse.
AACSA has been around since 1978, when community members, including members of the Antioch Baptist Church in San Jose, established the Afro-American Community Service Agency to support individuals and families in need and to celebrate and preserve African American history and culture. For over 40 years, AACSA has advocated on behalf of minorities living and working in San Jose's most challenging neighborhoods, with cultural competency in reaching African Americans throughout Santa Clara County. It is the mission of the African American Community Service Agency to preserve the dignity and culture of a diverse African American Community and to provide services that promote the full participation of all of Santa Clara County and the general society. AACSA's membership is open to everyone, regardless of race, religion, gender, sexual orientation, age, or disability.
The mission of PHP is to help children and adults with special needs receive the support and services they need to reach their full potential. They provide training and resources to build strong families and improve systems of care. PHP’s experienced staff members have a national reputation for being a trusted source of information for helping parents, caregivers, and children with disabilities of any kind, at any age.
The Edward Boss Prado Foundation has been serving the Morgan Hill, San Martin, and Gilroy communities since 2013. Their mission is to work with a relentless passion to empower people who are in need with resources that foster dignity and respect. Their values are in honor of Edward Boss Prado who believed in generosity, sensitivity, and supporting your neighbors.
If you have any questions or want to learn more about CommonWealth’s Charitable Giving Programs, please call us at (800) 564-1588.
- Upcoming Community Events
CommonWealth has been a proud supporter of our local community events for over 60 years. Check out our upcoming community events calendar below and be sure to join us for all of the fun!
Look for CommonWealth at these upcoming events!