Opening a savings account with us is a great way to start your credit union membership. It’s also an easy step toward a more secure financial future. Use our High Interest Savings account to earn up to 4.00% APY1 on balances up to $1,500. No matter which free savings account you choose, you’ll enjoy the technological benefits of our Online Banking and Mobile App, such as 24/7 access to manage your money and mobile check deposit. Whether you’re saving for a rainy day, or your children’s future, we make getting started simple with no monthly service fees and just a $1 minimum opening requirement for any CommunityAmerica savings account. Plus, your savings account could also help you increase your share of our Profit Payout.2
Whether you’re ready to take the first step on your savings journey, or just need a safe place to put your money, our Savings account is a great place to start. Open an account with just $1 to begin building security for your financial future.
Learning to save early is an important lesson for future financial well-being. With as little as $1, kids can start saving in an account that converts into a regular savings account when they turn 13. To open a Junior Savings account, visit one of our locations.
Our Holiday Savings account helps you put money away all year, so when it comes time to make days happy and bright, you’ll have the funds to do it. On November 1, the money you’ve saved is automatically deposited into your savings or checking account, so you can get a jump on the gift-giving season.
Deposit checks by snapping a photo with our highly rated Mobile App.
Share in Our Profits
Your savings account balance may help you qualify for our Profit Payout.2
Open a Savings Account
You’re just a few clicks away from starting your savings journey. Open your account online today to start saving for tomorrow. If you need any help or have questions, get in touch with us, and we’d be happy to assist you. Give us a call at 913.905.7000 or visit one of our convenient branch locations.
Wanted to set up Checking account
in addition to Savings on a Friday, in the drive through! Eric and Ivy
were FANTASTIC! Wish we had moved to CACU sooner! They are Great!!!
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 Payout.2 This year we gave back a record-breaking $9 million to our members. See how opening and growing a savings account with us could help you increase your share.
Most financial experts suggest having six months of expenses in a savings account for emergency situations, such as loss of income or other unexpected situations.
High Interest Savings accounts are similar to savings accounts, but your money earns higher interest. These accounts often come with certain conditions in order to qualify, like minimum balance requirements, maximum balance limits, or maintenance fees. However, CommunityAmerica does not have those same qualifications. For details, check out the top of this page.
It’s quick and easy to get your direct deposit information in Online Banking or our Mobile App.
Direct deposit information in Online Banking:
Log into Online Banking.
Navigate to “Account Requests” in the top menu bar.
Click on “Direct Deposit.”
Follow the instructions and find your direct deposit information.
Direct deposit information in Mobile App:
Log in to our Mobile App.
Select the account you’d like to set up with direct deposit.
Click on “Details.”
Use the ACH number (including all zeroes) and our Routing Number (301081508) to set up your direct deposit.
High Interest Savings. First Tier: 3.92% – 4.00% APY from $1.00 – $1,500, if First Tier qualifications are met. Second Tier: 0.025% APY on $1,500.01 or more, and on balance if First Tier qualifications are not met. The account requires a $1 minimum opening deposit. The Annual Percentage Yield (APY) shown is effective as of 02/01/2022, unless otherwise noted. Rates are variable and may change without notice after the account is opened. Fees could reduce earnings on this account. Balances up to $1,500 will earn first tier APY when ‘Qualifications for cash back’ are met. Each statement period that Qualifications are met after the account opened, the first tier APY will be applied to the next statement period. Due to compounding, interest earned may push balances into next rate tier, causing an APY change. Please see rate page for range. If Qualifications not met, the first tier APY will discontinue and will revert to the credit union’s base rate for Savings accounts until ‘Qualifications for cash back’ are reestablished. Balances of $1,500.01 or more will earn the credit union’s current applicable base rate for Savings accounts. Limit one High Interest Savings account per member. Business, IRA, and Minor accounts not eligible for this product. Qualifications for cash back: The membership account number tied to the High Interest Savings account must complete the following: Enrolled in eStatements; Monthly direct deposit of at least $250 posted to one deposit-suffix; 15 posted point-of-sale debit card transactions per month to a single checking-suffix; OR Enrolled in eStatements; 25 posted point-of-sale debit card transactions per month to a single checking-suffix. Transactions exclude refunds, credits, fees, pre-authorizations and ATM transactions.
Profit Payout. Dividend is discretionary and approved annually by CommunityAmerica’s Board of Directors. Amounts advertised are representative of actual dividends paid in 2022. 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.
Certificate of Deposit (CD). Minimum deposit for Certificate (CD) is $500, with the exception of the Saver CD which requires a minimum deposit of $50 to open. APY = Annual Percentage Yield. Assumes interest is reinvested and the rate continues for a year. Certificate interest is earned at the applicable term’s fixed rate until the Certificate matures. Fees could reduce earnings on the account. Certificate accounts are subject to substantial penalty for early withdrawal. Rates effective as of 02/01/2022.
Select Money Market. APY = Annual Percentage Yield. Assumes dividends are reinvested and the rate continues for a year. The APY is variable and may change after the account is opened. Assumes dividends or interest are reinvested and the rate continues for a year. You must maintain the minimum daily balance required to obtain the applicable APY. Tiers, dividend/interest rates and APYs on Checking and Savings accounts are subject to change without notice after the account is opened. Fees listed on the Fee Schedule could reduce earnings on the account. You may forfeit dividends/interest if you close any dividend or interest-bearing account before accrued dividends/interest is credited. Account earns interest where applicable. All Savings and IRA dividends and/or interest are calculated using the daily balance method and are compounded daily and are credited on the last day of each month. Rates effective as of 02/01/2022.