CommunityAmerica Credit Union

CommunityAmerica Credit Union (CACU) is a credit union headquartered in Lenexa, Kansas, regulated under the authority of the Missouri Division of Credit Unions and the National Credit Union Administration (NCUA) of the U.S. federal government. As of August 2020, CommunityAmerica had $3.5 billion [2] in assets, ranking it among the nation’s largest credit unions.[3] Based on deposits, CommunityAmerica ranks as one of the top 10 Kansas City-based financial institutions. Today, there are 33 CommunityAmerica branches in the Kansas City and St. Louis areas.

CommunityAmerica Credit Union
IndustryFinancial services
FoundedTWA Club Credit Union (1940)
Headquarters,
U.S.
Number of locations
33 branches[1]
Area served
Kansas City area and St. Louis, Missouri
Key people
Lisa Ginter (CEO)
ServicesChecking, savings, consumer and business loans, mortgages, credit cards, investments, insurance and financial planning.
Total assetsMore than $3.5 billion (as of August 2020)[2]
Members250,000 nationwide[2]
Number of employees
800 (as of August 2020)[2]
Websitewww.communityamerica.com

Field of membership

CommunityAmerica serves residents of Missouri who live or work in Jackson County, Missouri; Clay County, Missouri; Platte County, Missouri and St. Louis County, Missouri. Membership is also available to people residing or working in these St. Louis, Missouri zip codes: 63031, 63042, 63044, 63045, 63055, 63074, 63114, 63121, 63134, 63140, 63141, 63145 and 63146.

The field of membership in the state of Kansas includes residents of Douglas County, Kansas; Johnson County, Kansas; Jefferson County, Kansas; Leavenworth County, Kansas; Miami County, Kansas; Shawnee County, Kansas and Wyandotte County, Kansas and their family members. Also included in the state of Kansas are associations and businesses located in Johnson and Douglas counties, their subsidiaries, related or affiliated associations, companies or organizations, their membership, employees, retiree’s annuitants, contract employees and family members.

Select employee groups

Companies or organizations can elect to offer the benefits of CommunityAmerica membership to employees. Employees of over 200 approved Select Employee Groups and their family members are eligible to join CommunityAmerica. The following companies and more are covered under CommunityAmerica Credit Union’s Select Employee Group membership:

History

CommunityAmerica Credit Union celebrated its 75th anniversary in 2015. Founded on March 19, 1940 as TWA Club Credit Union by TWA pilot George Duvall, the credit union began with working capitol of only $1,069. The first loans were made to employees for $5 until payday with five cents charged for interest. Through the years, the credit union continued to grow: changing its name to Members America Credit Union in 1992 and merging with CommunityAmerica Credit Union in 1998. Since then, the credit union has continued to grow through strategic branch expansion and mergers with other credit unions (Farmland Credit Union in 2003, Midwest United Credit Union in 2007, Healthcare Community Credit Union in 2015, Saint Luke's Credit Union in 2016, and Credit Union of Leavenworth County in 2019).

Community support and naming rights

In line with the credit union philosophy of “people helping people,” CommunityAmerica supports the promotion of financial literacy, with an emphasis on children grades K-12. The credit union dedicates resources to Junior Achievement of Middle America and is a sponsor of the School of Economics in Blue Springs.

CommunityAmerica offers each of its full-time employees 16 hours of paid time each year to volunteer for the 501(c)3 non-profit organizations of their choice.[4] Additionally, it partners with other Kansas City-area credit unions to support Children’s Miracle Network.

As of May 2017, CommunityAmerica is the Official Banking Partner of the Kansas City Chiefs.[5]

CommunityAmerica held the naming rights to CommunityAmerica Ballpark, home of the Kansas City T-Bones, from 2002 to 2017.

References

  1. "Branch Locations - CommunityAmerica Credit Union". Communityamerica.com. Retrieved 5 January 2018.
  2. "About CommunityAmerica Credit Union". Communityamerica.com. Retrieved 25 August 2020.
  3. "CommunityAmerica", Kansas City Business Journal, 2008-01-18.
  4. https://www.communityamerica.com/community-involvement
  5. https://www.communityamerica.com/community-involvement
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