CommunityAmerica Credit Union (CACU) is a

credit union A credit union, a type of financial institution similar to a commercial bank, is a member-owned nonprofit organization, nonprofit financial cooperative. Credit unions generally provide services to members similar to retail banks, including depo ...

headquartered in

Lenexa, Kansas Lenexa is a city in Johnson County, Kansas, United States. It is one of four principal cities of the Kansas City Metropolitan Area and 9th most populated city of Kansas. As of the 2020 census, the population of the city was 57,434. It is t ...

, regulated under the authority of the Missouri Division of Credit Unions and the

National Credit Union Administration The National Credit Union Administration (NCUA) is a government-backed insurer of credit unions in the United States, one of two agencies that provide deposit insurance to depositors in U.S. depository institutions, the other being the Federa ...

(NCUA) of the

U.S. federal government The federal government of the United States (U.S. federal government or U.S. government) is the Federation#Federal governments, national government of the United States, a federal republic located primarily in North America, composed of 50 ...

. CommunityAmerica has $4.3 billion in

assets In financial accountancy, financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value ...

, ranking it among the nation’s largest credit unions. Based on

deposits A deposit account is a bank account maintained by a financial institution in which a customer can deposit and withdraw money. Deposit accounts can be savings accounts, Transaction account#Current accounts, current accounts or any of several othe ...

, CommunityAmerica ranks as one of the top 10 Kansas City-based

financial institutions Financial institutions, sometimes called banking institutions, are business entities that provide services as intermediaries for different types of financial monetary transactions. Broadly speaking, there are three major types of financial insti ...

. Today, there are 32 CommunityAmerica branches in the Kansas City and

St. Louis St. Louis () is the second-largest city in Missouri, United States. It sits near the confluence of the Mississippi and the Missouri Rivers. In 2020, the city proper had a population of 301,578, while the bi-state metropolitan area, which e ...

areas.

Field of membership

CommunityAmerica serves residents of Missouri who live or work in the following counties:

Jackson Jackson may refer to: People and fictional characters * Jackson (name), including a list of people and fictional characters with the surname or given name Places Australia * Jackson, Queensland, a town in the Maranoa Region * Jackson North, Q ...

Clay Clay is a type of fine-grained natural soil material containing clay minerals (hydrous aluminium phyllosilicates, e.g. kaolin, Al2 Si2 O5( OH)4). Clays develop plasticity when wet, due to a molecular film of water surrounding the clay par ...

, Platte,

Cass Cass may refer to: People and fictional characters * Cass (surname), a list of people * Cass (given name), a list of people and fictional characters * Big Cass, ring name of wrestler William Morrissey * Cass, in British band Skunk Anansie * Cass, ...

. CommunityAmerica serves residents of

Kansas Kansas () is a state in the Midwestern United States. Its capital is Topeka, and its largest city is Wichita. Kansas is a landlocked state bordered by Nebraska to the north; Missouri to the east; Oklahoma to the south; and Colorado to the ...

who live or work in the following counties:

Johnson Johnson is a surname of Anglo-Norman origin meaning "Son of John". It is the second most common in the United States and 154th most common in the world. As a common family name in Scotland, Johnson is occasionally a variation of ''Johnston'', a ...

, Wyandotte,

Douglas Douglas may refer to: People * Douglas (given name) * Douglas (surname) Animals *Douglas (parrot), macaw that starred as the parrot ''Rosalinda'' in Pippi Longstocking *Douglas the camel, a camel in the Confederate Army in the American Civil W ...

Jefferson Jefferson may refer to: Names * Jefferson (surname) * Jefferson (given name) People * Thomas Jefferson (1743–1826), third president of the United States * Jefferson (footballer, born 1970), full name Jefferson Tomaz de Souza, Brazilian foo ...

, Leavenworth,

Miami Miami ( ), officially the City of Miami, known as "the 305", "The Magic City", and "Gateway to the Americas", is a East Coast of the United States, coastal metropolis and the County seat, county seat of Miami-Dade County, Florida, Miami-Dade C ...

Shawnee The Shawnee are an Algonquian-speaking indigenous people of the Northeastern Woodlands. In the 17th century they lived in Pennsylvania, and in the 18th century they were in Pennsylvania, Ohio, Indiana and Illinois, with some bands in Kentucky a ...

History

CommunityAmerica Credit Union celebrated its 75th anniversary in 2015. Founded on March 19, 1940 as

TWA Trans World Airlines (TWA) was a major American airline which operated from 1930 until 2001. It was formed as Transcontinental & Western Air to operate a route from New York City to Los Angeles via St. Louis, Kansas City, and other stops, with ...

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, Credit Union of Leavenworth County in 2019, and Burns & McDonnell Credit Union in 2021).

Community support and naming rights

The CommunityAmerica Foundation was created to make a difference with a variety of local nonprofit organizations in Kansas City. Grants and sponsorships funded by the Foundation and Credit Union focus in four key target areas: financial literacy & stability, education & reading literacy, health & wellness, and strengthening communities. Over the years, CommunityAmerica has supported Junior Achievement of Greater KC, Boys & Girls Clubs of Greater KC, Operation Breakthrough, Veterans Community Project, City Year Kansas City, Literacy KC and Children’s Mercy Hospital. CommunityAmerica offers each of its full-time employees 16 hours of paid time each year to volunteer for the

501(c)(3) A 501(c)(3) organization is a United States corporation, trust, unincorporated association or other type of organization exempt from federal income tax under section 501(c)(3) of Title 26 of the United States Code. It is one of the 29 types of 50 ...

non-profit organizations of their choice. CommunityAmerica held the naming rights to CommunityAmerica Ballpark, home of the

Kansas City T-Bones The Kansas City Monarchs are a professional baseball team based in Kansas City, Kansas. Formerly known as the Kansas City T-Bones, they are members of the American Association of Professional Baseball; which, in 2020, became designated as a Majo ...

, from 2002 to 2017. As of May 2017, CommunityAmerica is the Official Banking Partner of the

Kansas City Chiefs The Kansas City Chiefs are a professional American football team based in Kansas City, Missouri. The Chiefs compete in the National Football League (NFL) as a member club of the league's American Football Conference (AFC) West division. The tea ...

. In March 2021, CommunityAmerica agreed to a partnership with the Kansas City Royals to become the exclusive naming rights sponsor of the Crown Club behind home plate.

References

External links

* {{DEFAULTSORT:Communityamerica Credit Union Credit unions based in Missouri Companies based in Kansas City, Missouri Banks established in 1940