CommonWealth One Federal Credit Union
Headquarters: Alexandria, VA
Assets: $544M
Core System: Corelation – Keystone
“Our first priority is to protect our members and the credit union from losing money to criminals. That’s why our anti-money laundering and fraud processes are managed within the Nasdaq Verafin platform.” – Libby Fike, Director of Risk Management at CommonWealth One.
Older adults face rising rates of financial exploitation and targeted scams, but in partnership with Nasdaq Verafin, CommonWealth One is committed to protecting its members in Virginia and neighboring states.
Read how CommonWealth One:
- Manages a large workload with a small team using the Nasdaq Verafin platform.
- Detected multiple scams targeting elderly members.
- Used Nasdaq Verafin’s FRAMLxchange to quickly gain intelligence from external institutions.
Discover how Nasdaq Verafin helps institutions like yours combat elder financial exploitation — and win.
