CommunityAmerica Credit Union ABOUT US    |    PRODUCTS    |    CONTACT US    |    LOCATIONS    |    LOGIN  
     

ABOUT COMMUNITYAMERICA

History

CommunityAmerica Credit Union has deep roots in the Kansas City community. The Credit Union was founded on March 19, 1940 as TWA Club Credit Union. TWA pilot George Duvall founded the Credit Union because he believed TWA employees would appreciate this added benefit.

TWA Club Credit Union began with working capital of only $1,069. The first loans were made to employees for $5 until payday with five cents charged for interest. By the end of the first year, the Credit Union had grown to have more than $20,000 in assets and 644 members.

The Credit Union continued to grow and prosper through the years. In 1992, TWA Club Credit Union changed its name to Members America Credit Union. In 1998, Members America Credit Union joined forces with CommunityAmerica Credit Union. In November 2007, CommunityAmerica merged with Midwest United Credit Union.

Today, CommunityAmerica provides a full suite of financial products including checking, savings, loans and money market accounts. As a not-for-profit, member-owned financial institution, CommunityAmerica can offer highly competitive rates on deposits, loans and investments. Other products and services provided by CommunityAmerica include 24-hour online banking and 24-hour telephone banking, Visa® credit cards, insurance and financial planning products.

As of December 31, 2009, CommunityAmerica had nearly $1.8 billion in assets, ranking it among the nation's largest credit unions. Based on deposits, CommunityAmerica ranks as one of the top 10 Kansas City-based financial institutions. Today, there are 32 CommunityAmerica branches in the Kansas City, St. Louis and Topeka areas.