CommunityAmerica Credit Union
 | |
| Industry | Financial services |
|---|---|
| Founded | TWA Club Credit Union (1940) |
| Headquarters | Kansas City, Missouri, U.S. |
Number of locations | 31 branches[1] |
Area served | Kansas City area and St. Louis, Missouri |
Key people | Lisa Ginter (CEO) |
| Services | Checking, savings, consumer and business loans, mortgages, credit cards, investments, insurance and financial planning. |
| Total assets | More than $2.2 billion (as of November 2016)[2] |
Number of employees | 750 (as of November 2016)[3] |
| Website |
www |
CommunityAmerica Credit Union (CACU) is a credit union headquartered in Kansas City, Missouri, 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 November 2016, CommunityAmerica had $2.2 billion [4] in assets, ranking it among the nation’s largest credit unions.[5] Based on deposits, CommunityAmerica ranks as one of the top 10 Kansas City-based financial institutions. Today, there are 31 CommunityAmerica branches in the Kansas City and St. Louis areas.
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:
- Bushnell Outdoor Products
- Freightquote
- FIKE Corporation
- Argosy Casino
- Ameristar Casino - Kansas City
- American Italian Pasta Company
- Metropolitan Community Colleges
- Ford Motor Company – Claycomo Plant
- North Kansas City Hospital
- Blue Springs School District
- Park Hill School District
History
CommunityAmerica Credit Union is celebrating 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 and Saint Luke's Credit Union in 2016).
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 12 hours of paid time each year to volunteer for the 501(c)3 non-profit organizations of their choice. Additionally, it partners with other Kansas City-area credit unions to support Children’s Miracle Network.
CommunityAmerica has the naming rights to the CommunityAmerica Ballpark.
References
- ↑ https://www.communityamerica.com/branch-locations, "CommunityAmerica Branch Locations"
- ↑ http://www.ibanknet.com/scripts/callreports/getbank.aspx?ibnid=usa_524494
- ↑ http://www.ibanknet.com/scripts/callreports/getbank.aspx?ibnid=usa_524494
- ↑ http://www.ibanknet.com/scripts/callreports/getbank.aspx?ibnid=usa_524494
- ↑ "CommunityAmerica", "Kansas City Business Journal", 2008-1-18.