Credit Union of America

Credit Union of America is a financial cooperative headquartered in Wichita, Kansas. Established in 1935 as the Wichita City Teachers Credit Union, the organization officially became Credit Union of America in 1974, expanding its membership to serve residents and workers in multiple Kansas counties. With 152 employees, Credit Union of America has generated approximately $100 million in revenue. Credit Union of America offers a range of financial services to its members, including loans and deposit accounts. The credit union has a particular focus on serving educators, offering specialized programs such as guaranteed teacher loans and classroom grants. They also cater to healthcare workers, providing continuing education scholarships and guaranteed healthcare worker loans. As a financial cooperative, Credit Union of America's structure allows members to own a share of the organization and participate in the appointment of its volunteer Board of Directors and Supervisory Committee. This member-owned model enables CUA to distribute dividends back to its members in the form of lower loan rates and higher dividend rates on deposit accounts. For more information about Credit Union of America and its services, visit their website at cuofamerica.com.