Profit Payout Returns $8.4 Million to Members
CommunityAmerica Credit Union announced this week it returned $8.4 million to its members as part of Profit Payout1.
It is the 25th straight year the Credit Union has issues a dividend to its members.
"2020 was an exceptionally difficult year for so many individuals and businesses," CommunityAmerica CEO Lisa Ginter said in a press release. "We are truly grateful we were able to support our members in their greatest time of need with skip payments, deferments, and PPP and consumer loan programs. As a result, our organization is doing very well and we can return those profits at a rate consistent with our pre-pandemic give-back."
To read the Kansas City Business Journal story, click here.
To read the Credit Union Times story, click here.