Did you have a favorite teacher when you were at school? At Credit Union of America, we do— all of them! Read on to learn how we aim to earn extra credit by helping hardworking educators like you secure a better financial future.
Class Act: How CUA Rewards Teachers
Imagine a credit union created by teachers, for teachers, so that those who spend their time helping others achieve their goals have a shot at attaining their financial dreams.
In fact, that’s exactly how Credit of America got started. In 1935, John Michener, a science teacher at Wichita East High School, convinced a group of his fellow educators to pool their resources to help a fellow teacher secure a loan.
This simple act inspired Michener to start a credit union to help Kansas teachers and their families achieve their financial goals.
Today, Michener’s credit cooperative has grown to become Credit Union of America (CUA). We serve other professionals and local residents in central Kansas, but our commitment to the people who helped put us on the map is especially strong.
That’s why today CUA offers educators of many types special rewards and benefits for being part of our financial community. CUA offers qualifying educators:
$200 for Opening a Checking Account
As a local educator, you’ll receive a $200 bonus when you open your first CUA Core Checking Account. Look forward to your payment 30 days after your first direct deposit. It’s our way of saying thank you for helping to educate the next generation of Kansans.
Auto Loan Discounts
We want to help you get where you’re going in your career and your financial life. That’s why qualifying teachers and education workers are eligible for up to a 0.50% annual percentage rate discount on a CUA auto loan. Talk to one of our loan officers for more details about how an auto loan might fit your financial profile and goals.
Free Home Loan Appraisals
For many educators, teaching is more than a job, it’s a vocation. That dedication can make closing on a home loan especially challenging for teaching families. At CUA we make it easier for educators to finance their housing securely by refunding the full cost of home loan appraisals when they apply for a CUA mortgage.
Guaranteed Teacher Loan
We’re also focused on helping educators cover major purchases, manage debt, or pay down unforeseen expenses with our Guaranteed Teacher Loan.
This is a $2,000 unsecured personal loan just for teachers, with a $120 monthly repayment over 19 months at a special, lower annual percentage rate (APR). Best of all, fully accredited, registered teachers are guaranteed approval, while other educators may also apply for the loan under standard application rules. Talk to a CUA loan officer to confirm that you qualify.
Other Benefits of Joining CUA
Of course, as an educator, you are also in line for the generous perks and rewards we offer all our other members including healthcare workers, members of select employer groups, and qualifying residents of our home counties. These include:
Love My Credit Union Rewards
CUA members qualify for exclusive discounts from our trusted partners. You’ll save big on phone plans, grocery discounts, travel expenses, and other offers from businesses such as TurboTax, H&R Block, Sam's Club, and Xfinity.
Credit Card Rewards
Earn valuable rewards by using your CUA Visa® credit card for everyday purchases. Choose how you would like to receive your rewards including merchandise, rental cars, hotels, flights, or cash right back in your pocket.
Rewards points are accessible to all CUA Visa® credit cards and include:
- One reward point for every dollar spent on your Visa® Give Back Platinum Card
- 2% cash back or two reward points on purchases with your Cash Back Signature Card
Credit Union of America Perks
You can even earn rewards just by using your CUA debit card. Credit Union of America Perks lets you earn points with every swipe that can then be redeemed for our exclusive merchandise and services. All you need is a CUA checking account and a Visa® debit card.
TruStage Insurance
Teachers and other hardworking folk need all the help they can get to protect what they have. CUA has you covered. We partner with TruStage® to provide cost-effective insurance that lets you build with confidence for tomorrow by securing today.
TruStage services are available to all CUA members.
CUA: Rewarding Hard Work in the Classroom
Credit Union of America exists to serve those who dedicate their talent and energy to improving the lives of others. For educators, healthcare workers, and other service professionals we offer selected benefits for qualifying select employer groups and a range of across-the-board perks just for being a member.
Most important of all, we back it up with a range of quality, affordable tools to help you turn day-to-day money management into long-term financial success, including:
So come for the benefits and rewards, but stay for the member-focused service and low-cost, high-quality banking you’ll only find in a great local credit union. Contact us today to join our community or click below to learn more about how membership works.
LEARN MORE ABOUT BECOMING A MEMBER
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