Electro Savings Credit Union

Profit Payout. Dividend is discretionary and approved annually by CommunityAmerica’s Board of Directors. The average profit payout received in 2025 was $72. Dividend is not guaranteed and may vary based on criteria established by CommunityAmerica Credit Union and the total amount allocated by the Board of Directors each year. Not everyone receives a dividend and member must be in good standing and meet other criteria on processing date to qualify. Dividends are reported to IRS and a 1099 form will be issued at year-end. Any applicable taxes are the responsibility of recipient.

Checking Limited Time Offer. To receive the $400 credit for a new Checking account, you must meet CommunityAmerica Credit Union membership eligibility requirements and (1) live in the St. Louis Metropolitan Area. Living in the St. Louis Metropolitan Area is defined as living in the following counties: Bond, Calhoun, Clinton, Jersey, Macoupin, Madison, Monroe, and St. Clair in Illinois; and Franklin, Jefferson, Lincoln, St. Charles, Warren, St. Louis County and St. Louis City in Missouri. (2) Open a new Cashback Free Checking or Chiefs Checking account, which is subject to credit approval, between 7/16/2024 and 2/28/2025 (members with an open CommunityAmerica Checking account or with a CommunityAmerica Checking account that has closed within the past six months do not qualify), and within 90 days of account opening, (3) enroll in CommunityAmerica online banking or the CommunityAmerica Mobile App, and (4) complete two or more direct deposits that total at least $2,500. The direct deposits need to be electronic deposits of your paycheck, pension or government benefits from your employer or the government. Person to person payments (such as Zelle) are not considered direct deposits. Within 30 days of meeting qualification requirements, your $400 credit will be posted into the primary account owner’s membership savings account. The account must be open and in good standing at the time of payout to qualify for the credit. Examples of ineligible accounts may include: delinquent accounts, accounts that have caused the credit union to experience a loss, accounts in which we suspect illegal activity, fraud, scam or financial exploitation, or accounts involved in legal or administrative proceedings. Limit one $400 credit per account and per member. Offer subject to change without notice and cannot be combined with any other offer. The credit may be reported as income on IRS Form 1099-MISC. Cashback Free Checking. Earn 1% cash back, up to $5 per month, on monthly point-of-sale debit card transactions posted to a Chiefs Checking account or a Cashback Free Checking account when ‘Qualifications for cash back’ are met. Qualifications must be met under a single membership account. Cash back will be deposited into the Chiefs Checking or Cashback Free Checking account by the 5th calendar day following the month qualifications are met. Cash back will not be calculated for month(s) in which the qualifications are not met. Cash back earnings rate accurate as of 01/01/2025 and may change without notice after account opening. Contact us at 800.892.7957 to find out the current cash back rates. Limit one Chiefs Checking or Cashback Free Checking account per membership account number. Business accounts not eligible for this product. Cannot be opened in conjunction with Premier, Interest, Investors, or Loan Advantage checking accounts. Qualifications for cash back: The membership account number tied to the Chiefs Checking or the Cashback Free Checking account must complete the following: Enrolled in eStatements; one direct deposit of $250 or more per month, not aggregated; 15 posted point-of-sale debit card transactions per month to a single checking account; OR enrolled in eStatements; 25 posted point-of-sale debit card transactions per month to a single checking account. Transactions exclude refunds, credits, fees, pre-authorizations, and ATM transactions.