IRONDALE, Ala. (8/12/11)--Corporate America CU CACU) will be one of the surviving corporate credit unions, weighing in with a 4.13% capital ratio as of July 31--without requiring any capital from members, according to the Alabama-based corporate. The deadline for corporate credit unions to comply with the capital requirements of the National Credit Union Administration's Regulation part 704 is in October. Corporate America determined it would not require capital of its members because its leadership believes that capitalization should be a choice, not a mandate, CACU said in a press release. "By voluntarily investing in Corporate America's capital, our members have given us their highest vote of confidence," said Thomas D. Bonds, president/CEO. "We have substantially the same amount of retained earnings as we did prior to the [nation's financial] crisis and far more capital. In fact, we anticipate approaching a 5% interim leverage ratio within nine months," he added. Throughout the crisis, CACU took the approach that "it's a privilege, not a right, to have the trust of our members," Bonds said. The message resonated with membership and many other credit unions, said the corporate. CACU's asset size and the number of member credit unions have doubled in the past two years. CACU now serves more than 400 credit unions in 32 states. "Corporate America is stronger, larger, and better capitalized than ever before," said Bonds. "We're able to face our members because none of them lost capital at Corporate America. We will not require capital. We don't need to. We work for our members, not the other way around," he added.