January 13, 2022 – Kansas City-based CommunityAmerica Credit Union announced their largest ever profit payout for their members. A total of $9 million is being paid to more than 100,000 of its members this month – a record-setting amount by over $500,000.
“We are truly grateful that once again in 2021, we were able to support our members in such a significant way. We helped them navigate their day-to-day finances amidst more turbulent times and doubled down for those in their greatest time of need with skip payments, deferments, PPP and consumer loan programs. In the process of it all, we attracted even more individuals and businesses to CommunityAmerica and delivered an extraordinary year of performance. The best outcome of that performance is our ability to return profits to our members,” said Lisa Ginter, CEO. “Our Profit Payout program continues to set CommunityAmerica apart from other financial institutions and reinforce our mission to blanket Kansas City with our caring hearts.”
CommunityAmerica Credit Union is a not-for-profit institution which means profits are returned to their members through various incentives and programs. The Profit Payout program is a dividend that allows CommunityAmerica to share a portion of their profits with their members. For more information about the Profit Payout program, visit this link.
About CommunityAmerica Credit Union
CommunityAmerica Credit Union is a full-service financial institution with more than 260,000 member-owners nationwide and more than $4.3 billion in assets, ranking it among the nation’s 100 largest credit unions. Based on deposits, CommunityAmerica is among the top 10 Kansas City-based financial institutions and is a repeat ‘Best Place to Work’ winner with the Kansas City Business Journal. There are more than 30 CommunityAmerica branches in the greater Kansas City metro area, and one in St. Louis.
CommunityAmerica serves individuals and businesses, providing a full suite of financial products and services ranging from checking and savings to a variety of loan products to commercial banking. They also offer wealth management, retirement planning, private banking and insurance. CommunityAmerica is among the top mortgage providers in Kansas City based on loan volume. Its commitment to state-of-the-art technology enables a seamless banking experience for members, whether banking in branches or remotely. As a not-for- profit financial institution, CommunityAmerica offers highly competitive rates on deposits, loans and fees. Other convenient products and services include Sunday hours at certain HyVee locations, a network of more than 30,000 ATMs, 24-hour online banking and a top- rated mobile banking app. Want to become a member? You simply need to live in the Kansas City metropolitan area or have family members who do. For more information, visit www.communityamerica.com.
