Kansas City-based CommunityAmerica Credit Union’s continued growth has led it to issue the largest profit payout to members ever, worth $8.4 million.
As a nonprofit, CommunityAmerica returns profits to member-owners once a year in the form of a dividend it calls the Profit Payout. The amount received per member is based on a formula that heavily weighs the amount of business members conduct with the institution.
CommunityAmerica also returns profits to members in the form of better rates and…
Kansas City-based CommunityAmerica Credit Union’s continued growth has led it to issue the largest profit payout to members ever, worth $8.4 million.
As a nonprofit, CommunityAmerica returns profits to member-owners once a year in the form of a dividend it calls the Profit Payout. The amount received per member is based on a formula that heavily weighs the amount of business members conduct with the institution.
CommunityAmerica also returns profits to members in the form of better rates and…