Alliant Credit Union is a digital-only financial institution that offers a range of banking and financial products and services. It is a not-for-profit financial cooperative that serves customers in all 50 states. The credit union was founded in 1935 and has grown to become one of the largest credit unions in the United States, with over $13 billion in assets and more than 500,000 members.
One of the main advantages of banking with Alliant Credit Union is that it offers better rates than traditional banks. This is because credit unions are member-owned and operated, which means that they can offer more competitive rates and lower fees than for-profit banks. Alliant Credit Union offers high-yield savings accounts, money market accounts, and CDs that offer better rates than most traditional banks.
Another advantage of banking with Alliant Credit Union is that it has broad membership criteria. Unlike traditional banks, which typically require you to live or work in a specific geographic area to become a member, Alliant Credit Union is open to anyone who is willing to become a member of its partner charity, Foster Care to Success, or anyone who is a member of one of its affiliated organizations. This makes it easier for people who live in rural or underserved areas to access banking services.
If you like online banking and want free access to a vast nationwide ATM network, Alliant Credit Union is an excellent choice. It offers free online banking, mobile banking, and bill pay services, as well as free access to over 80,000 ATMs nationwide. This means that you can access your funds and manage your accounts from anywhere, at any time.
One of the most popular products offered by Alliant Credit Union is the Alliant Cashback Visa® Signature Credit Card. This credit card offers the chance to earn a whopping 2.5% cash back on up to $10,000 spent on qualifying purchases each billing cycle. It also has no annual fee and offers a range of other benefits, such as travel accident insurance, car rental insurance, and extended warranty coverage.
If you're looking for the best free checking accounts that come with no fees or crazy hoops to jump through to earn a little interest, Alliant Credit Union has you covered. Its High-Rate Checking account offers a high interest rate and no monthly fees, as long as you opt for eStatements and make at least one electronic deposit each month. Plus, you can use any ATM in the world, and Alliant will reimburse you for up to $20 in ATM fees per month.
Alliant Credit Union also offers fast personal loans between $1,000 and $50,000 with terms of up to five years. Whether you need to consolidate debt, pay for a home renovation, or cover unexpected expenses, an Alliant personal loan can help you get the funds you need quickly and easily.
According to a new survey from Alliant Credit Union, millennials with student debt are prioritizing paying off that debt over saving for retirement. The survey found that 75% of millennials with student debt said they were putting money toward their loans instead of saving for retirement. This highlights the importance of finding ways to manage student debt and plan for retirement at the same time.
If you're interested in opening a CD with Alliant Credit Union, you'll be happy to know that it offers competitive CD rates. Its CDs range in terms from six months to five years and offer rates that are higher than most traditional banks. Plus, if you're looking for a low-risk investment option, CDs are a great way to earn a guaranteed return on your money.
In conclusion, Alliant Credit Union is a great choice for those who prefer a credit union over a bank and are comfortable banking digitally. It offers better rates than traditional banks, has broad membership criteria, and offers a range of banking and financial products and services. Whether you're looking for a high-yield savings account, a personal loan, or a cashback credit card, Alliant Credit Union has you covered.
