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Recent Press Releases


02/08/2011 - CommunityAmerica Pays $1 Million to Members
03/22/2010 - Pat Yokley to Retire as CAO of CommunityAmerica Credit Union
02/01/2010 - CommunityAmerica Pays Members

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CommunityAmerica Pays $1 Million to Members

Ownership dividend payment differentiates credit union from other financial institutions


Lenexa, KS (02/08/2011) -- Kansas City-based CommunityAmerica Credit Union paid a dividend of $1 million to its member-owners today. The 2011 Owner Participation Dividend brings the total payout over the last decade to more than $14 million, doubling the amount paid out in 2009, despite the struggling economy. Individual payment amounts are based on the member's use of the credit union's products and services.

"As a not-for-profit cooperative, CommunityAmerica is able to share its success with members through the Ownership Participation Dividend program," said Dennis Pierce, Chief Executive Officer for CommunityAmerica. "In addition to this program, we're proud to give back to our members year-round in the form of lower rates, low to sometimes no fees and a long-term partnership to help them set and achieve their personal financial goals."

In 2010, CommunityAmerica continued to focus on member needs, lend money and expand its reach in the community to help even more Kansas Citians, and as a result, Kansas City's largest credit union continued to experience steady balance growth throughout the year.

"We pride ourselves on providing advantages to our members offered exclusively by credit unions," Pierce said. "We anticipate future growth as more people realize they can join in and enjoy the many advantages we offer."

About CommunityAmerica Credit Union
CommunityAmerica Credit Union is a full-service financial institution with more than 162,000 members nationwide. As of Dec. 31, 2010, CommunityAmerica had more than $1.7 billion in assets, ranking it among the nation's largest credit unions. Based on deposits, CommunityAmerica ranks among the top 10 Kansas City-based financial institutions. There are 32 CommunityAmerica branches in the Kansas City, St. Louis and Topeka areas.

CommunityAmerica provides a full suite of financial products, including checking, savings, money markets, mortgages and a variety of loan products to meet member needs. As a not-for-profit, member-owned financial institution, CommunityAmerica offers highly competitive rates on deposits, loans and investments, and fewer, lower and sometimes no fees at all. Other convenient products and services include a network of more than 28,000 ATMs, 24-hour online and telephone banking, Visa credit cards, insurance and financial planning. Find out if you're eligible to JOIN IN by visiting www.cacu.com.