02/01/2010 - CommunityAmerica Pays Members
08/27/2009 - CommunityAmerica Credit Union expanding branch network in Kansas City metro
01/29/2009 - CommunityAmerica Continues Commitment to Members Through Dividend Payment
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CommunityAmerica Pays Members
Ownership dividend payment differentiates credit union from other financial institutions
Lenexa, KS (02/01/2010) -- Kansas City-based CommunityAmerica Credit Union paid a dividend of $500,000 to its member-owners today. The 2010 Owner Participation Dividend brings the total payout over the last decade to more than $13 million. Individual payment amounts are based on the member's use of the credit union's products and services.
"CommunityAmerica continues to share its success with members through the Ownership Participation Dividend program," said Dennis Pierce, Chief Executive Officer for CommunityAmerica. "As a not-for-profit cooperative, we share in our success while providing support and guidance to ensure our members set and achieve their personal financial goals."
In 2009, CommunityAmerica continued to focus on member needs, lend money and expand its reach in the community to help even more Kansas Citians while many other financial institutions turned to the government for assistance. As a result, Kansas City's largest credit union continued to experience steady member 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 and 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 186,500 members nationwide. As of Dec. 31, 2009, CommunityAmerica had more than $1.8 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, 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.
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