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CommunityAmerica Merger Accelerates Expansion in St. Louis

On January 1, CommunityAmerica Credit Union merged with St. Louis-based Electro Savings Credit Union. Photo credit: Shutterstock (Geobor).

Posted January 9, 2025

Lenexa-based CommunityAmerica Credit Union has accelerated its expansion into the St. Louis metro by merging with Electro Savings Credit Union.

The merger officially began on Jan. 1, adding eight locations to CommunityAmerica’s footprint in St. Louis. When the two companies become fully integrated Electro will operate under the CommunityAmerica brand and will be led by CEO Lisa Ginter, according to a release.

In August 2024, CommunityAmerica named Federal Reserve Bank of St. Louis veteran Kathy O’Neill to lead its St. Louis operations.

Founded in 1941, Electro was established to serve Union Electric Company employees. Today, the company has $198 million in assets and 18,000 members served by 60 employees.

CommunityAmerica already has plans to open a new branch in Hazelwood in February and a new flagship location in Des Peres this fall, with additional locations under consideration.

“Combining the strengths and market presence of our two organizations helps us get even more people and businesses on a path to thrive and achieve financial peace of mind,” Ginter said in the release.

CommunityAmerica Credit Union has over 320,000 member-owners nationwide with nearly $5 billion in assets.