CommunityAmerica Credit Union, based in Lenexa, Kan., has formally proposed a merger with Unify Financial Federal Credit Union of Allen, Texas, according to documents filed with the NCUA.
The plan, announced in a member notice, would combine the two large institutions into a single entity serving an expanded membership base across 18 additional states. If approved, the combined credit union would operate under the CommunityAmerica brand, with its headquarters remaining in Kansas.
A special meeting of CommunityAmerica members has been scheduled for Oct. 31, where members will vote on the proposal. Members may also cast ballots in advance following instructions provided in the official notice.
The NCUA requires merging credit unions to notify members of their rights to comment on the proposal. Comments submitted by members or management will be posted publicly by the agency after review. The regulator emphasized that while opinions for or against the merger will be published, the NCUA does not endorse any side and will ensure comments remain appropriate and relevant to the merger process.
CommunityAmerica’s notice highlighted potential benefits of the merger, including expanded resources, access to broader technology platforms and an increased ability to serve members across a wider geographic footprint. The combined institution would surpass $10 billion in assets, placing it among the nation’s largest credit unions.
The merger notice assured members that existing accounts, services and branch operations will remain in place and that the transition would be seamless.
If approved by members and regulators, the merger is expected to be finalized in late 2025.
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