Member Updates

last updated on March 31, 2025

A Bright Future Together

As of January 1, 2025, Electro Savings is now a part of CommunityAmerica Credit Union, the largest credit union in Missouri*. This transition combines the strengths of both organizations to better serve our community, providing even more opportunities to help every member achieve their financial goals now and in the future.

Your New Banking Experience Begins June 2

We will communicate updates and important information throughout this merge process. Please take a moment to make sure your contact and beneficiary information is up to date by stopping by a branch or calling us at 314.434.6470.

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What to Expect

Our organizations share a commitment to putting members first, no matter what.

Our system conversion will take place beginning May 30, and be complete by June 2.

We’ll work closely together to minimize any disruptions in service and keep you informed throughout the process. 

• Now through May 30: Business as Usual
  • Continue to use your Electro accounts and digital banking as you normal do. Keep an eye out for communication from CommunityAmerica during this time.
• May 31 – June 1: System Conversion
  
  • Please make note of these dates as some services may be affected during this time.
• Beginning June 2: Your New Banking Experience Begins
  • You’ll have access a broad range of products and services, including advanced digital banking, expanded hours and locations and more resources to help you achieve financial peace of mind. 

You will receive communication from CommunityAmerica Credit Union in the coming weeks, with additional details about the merger process and what to expect along the way.

In late April, you will receive a detailed, step by step transition guide including what to expect and how to contact us before, during and after the merge. 

Frequently Asked Questions

What is a system conversion?

The system conversion is the last step in completing our merger with CommunityAmerica. This is when Electro systems and products will be integrated into CommunityAmerica’s, allowing for a smooth and seamless banking experience for all members. Once complete, you’ll be able to fully experience the CommunityAmerica difference, including enhanced digital banking, expanded brand locations and hours, and a larger team of friendly faces here to serve your needs.

What will happen to my accounts and loans?

Your accounts will remain the same until the conversion is complete. You will begin receiving detailed information about any account changes in late April and leading up to the conversion weekend. Rest assured, any changes will be made with your banking experience and your financial well-being at the forefront.

Your loan terms will not change after the merge is complete. We will communicate any changes regarding loan servicing and payments to you well in advance.

Can I still go to an Electro branch?

Yes, all branches will remain open and available to serve you. Until the merge is complete, branch hours will remain the same. After the system conversion, Electro branches will become CommunityAmerica branches, offering extended lobby hours. Plus, you’ll have access to personal service with a live teller 7 days a week with our Express Teller Machines.

Can I go to a CommunityAmerica branch or ATM?

Before the system conversion is complete, CommunityAmerica branches will not be able to help you with your Electro accounts. Once the conversion is complete, all Electro branches will become CommunityAmerica branches, and you will be able to use any of the 38 branches across Kansas and Missouri. You can use CommunityAmerica ATMs at any time through the ATM Co-op Network, with no fees.

If you would like to open CommunityAmerica products and services now, you can do so online at CommunityAmerica.com, in person at any CommunityAmerica branch, or by phone at 314.801.6400. CommunityAmerica has several cashback promotions currently running, including a $400 cashback offer when you open a new checking account (thru 12/31/25).

Can I still use digital banking?

Yes, please continue to use Electro's digital banking as you normally do. Once our integration with CommunityAmerica is complete, you will enjoy an even more advanced digital banking experience. Additional information about this upgrade will be communicated in the coming weeks.  

Do I need to do anything?

Please take a moment to make sure your contact, beneficiary, and account information is up to date by stopping by a branch or calling us at 314.434.6470. Watch for communications from CommunityAmerica via email, USPS, and here on this webpage. We will continue to communicate updates and changes throughout this merge process, providing additional details and information to keep you informed.

Why is Electro merging?

Supporting our members and their financial well-being is our top priority. This opportunity to merge with CommunityAmerica Credit Union will provide an even more innovative and personalized experience to help you achieve your financial goals now and well into the future.

Credit Card Conversion

Exciting news for Electro Savings credit card holders -- you’ll get an early look at the CommunityAmerica banking experience! Your Electro Savings credit card account will be upgraded to a CommunityAmerica credit card account before the full transition.

The credit card conversion process will begin on Friday, May 16 and be completed by Monday, May 19.

We’re committed to making this transition as smooth and seamless as possible for you. Check your mail for detailed information regarding the transition, and note the key things to keep in mind below:

• You will be receiving a new CommunityAmerica Visa credit card soon. Keep this card in a safe place until it’s time to start using it. (Extra bonus, it’s chip-enabled, meaning you will be able to use tap-to-pay!)
• Be sure to download any statements or transaction history that you would like to keep for your records prior to May 16. This information may not be available in Electro’s online or digital banking after the conversion is complete.
• Once the conversion is complete, you may need to update automatic or recurring payments with your new card information. You’ll also want to update your mobile wallet with your new card information for quick, easy and secure purchases.
• Watch for your first statement from CommunityAmerica beginning in June, which will include information on how to make your payments.

About CommunityAmerica Credit Union

CommunityAmerica Credit Union is the largest credit union in the states of Missouri and Kansas.* With roots in St. Louis County dating back to 1940, Community America offers everything from checking and savings accounts to wealth management and commercial banking to meet the unique needs of every member.

When you join CommunityAmerica, you get a whole community invested in your financial well-being. We’ve built a legacy of developing relationships with our members, learning about their financial goals and dreams, and providing caring, personalized service far beyond what you may experience with traditional banks.

Learn more about CommunityAmerica

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