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Profit Payout

happy profit payout day

As a not-for-profit credit union, we return our profit to those who bank with us in many ways—like better rates, lower fees and our Profit Payout1. This year we gave back $8.4 million to our members. That’s an average of $107 per qualifying household!

Let’s be frank: we want to reward you for making us your financial go-to. That’s why the more products and services you have with us, the bigger your Profit Payout potential will be.

Profit Payout Eligibility

To get your share of Profit Payout, you need a product from at least three of these six categories listed below. And don't forget - the higher your balances, loan or deposits, the greater your Profit Payout potential.

Category 1

SAVE
Savings
Certificate (CD)
Money Market

Category 2

SPEND
Checking
Credit Card

Category 3

MANAGE
Online Banking
Mobile App
Direct Deposit

Minimum combined balance of $1,000.
Requires 7 transactions a month.
Category 4

BORROW
Vehicle Loan
Personal Loan
Secured Loan

Category 5

LIVE
Mortgage
Home Equity

Category 6

INVEST
Investments2
IRA
Insurance3

 
 
Minimum IRA balance > $100.

Calculate Your Profit Payout

 

FAQs

What is Profit Payout?

Profit Payout is a dividend that allows CommunityAmerica to share a portion of our profits with our members. Based on the average balance in qualified products across the six categories, members in good standing are eligible to receive a portion of the payout. Profit Payout must be approved annually by CommunityAmerica’s Board of Directors and is not guaranteed.

Who is eligible?

All members in good standing and who have qualified products in at least three of the six categories for the full calendar year. Profit Payout would be pro-rated for accounts opened less than one year.

What are the six categories for eligibility?

  1.  Save – Savings, CD & Money Market
  2.  Spend – Checking & Credit Card
  3.  Manage – Online Banking, Mobile App and Direct Deposit
  4.  Borrow – Vehicle, Personal & Secured Loans
  5.  Live – Mortgage & Home Equity
  6.  Invest – Investments, IRA & Insurance

Does Profit Payout happen every year?

Profit Payout is not guaranteed each year. It’s a discretionary payout that is approved annually by our Board of Directors when they determine our ability to offer Profit Payout. We’ve been able to give back Profit Payout for the past 24 consecutive years! If approved, payouts are typically deposited into your membership savings account at the beginning of the year. The 2020 Profit Payout occurred on January 13, 2021.

How can I calculate my potential Profit Payout?

Your Profit Payout potential is based on your use of qualifying products in at least three or more of the six categories and your average balances in those products. Use the Profit Payout Calculator to see an estimate of what your Profit Payout could be, based on your current average balances and categories.

Are there ways I can increase my Profit Payout potential?

Add another category for qualification or aim for higher balances.

Are there other ways to get cash back?

Check out our Cashback Free Checking, Chiefs Checking and High Interest Savings. Plus, our Visa Signature Credit Card offers unlimited 1.5% cashback on all your purchases.

1 Click here for details on Profit Payout.

2 Securities and advisory services offered through CommunityAmerica Financial Solutions, LLC (“CAFS”), Member FINRA/SIPC. CAFS is a SEC registered investment advisor. Products offered through CAFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. CAFS is a wholly-owned subsidiary of CommunityAmerica Credit Union.

3 Insurance products may be sold through CommunityAmerica Insurance Agency, LLC, a wholly owned subsidiary of CommunityAmerica CUSO One, LLC and a licensed insurance agency in Missouri and Kansas. Insurance products are not federally insured, involve investment risk, may lose value and are not obligations of or guaranteed by the credit union.

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