First Alliance Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.99% | 5-year CD | 60 Month CD |
| 1.00% | 1-year CD | 12 Month CD 1.80% - Ally Bank No Penalty 11-Month CD |
| 0.10% | Savings | WINcentive Savings 1.65% - Barclays Online Savings Account |
First Alliance Credit Union is headquartered in Rochester and is the 24th largest credit union in the state of Minnesota. It is also the 1,128th largest credit union in the nation. It was established in 1932 and as of March of 2018, it had grown to 50 employees and 15,064 members at 3 locations. First Alliance Credit Union's CD rates are 11% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Membership is open to those who live, work, attend school, or worship in Olmstead, Dodge, Winona, Wabasha, and Goodhue counties in Minnesota.
See current membership details
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 62872 |
| Year Chartered | 1932 |
| Employees | 50 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.97% |
| Return on Equity - YTD | 8.83% |
| Annual Interest Income | $1.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2018vs Q1 2017 | $179.9MM$170.2MM |
| Loans | Q1 2018vs Q1 2017 | $131.2MM$117.6MM |
| Deposits | Q1 2018vs Q1 2017 | $157.7MM$149.7MM |
| Equity Capital | Q1 2018vs Q1 2017 | $19.4MM$18.1MM |
| Loan Loss Allowance | Q1 2018vs Q1 2017 | $881.00K$688.00K |
| Unbacked Noncurrent Loans | Q1 2018vs Q1 2017 | $725.00K$814.00K |
| Real Estate Owned | Q1 2018vs Q1 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not First Alliance Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
First Alliance Credit Union Savings Account Rates
First Alliance Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.35% | $100k | - | Alliance Advantage Money Market | ||
| 0.30%* | $25k* | $1m | Money Market Account | ||
| OTHER TIERS: 0.15% → $2k - $10k | 0.25% → $10k - $25k | |||||
| 0.25% | - | - | IRA Savings Money Market | ||
First Alliance Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | $1k | - | Checking Account |
First Alliance Credit Union CD Rates
First Alliance Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.99% | $500 | - | 60 Month IRA | |
| 1.74% | $500 | - | 48 Month IRA | |
| 1.49% | $500 | - | 36 Month IRA | |
| 1.34% | $500 | - | 30 Month IRA | |
| 1.24% | $500 | - | 24 Month IRA | |
| 1.10% | $500 | - | 18 Month IRA | |
| 1.00% | $500 | - | 12 Month IRA |
| First Alliance Credit Union Locations | ||
|---|---|---|
| Branch Office | 320 Alliance Pl NE | Rochester, MN 55906 |
| Branch Office | 1011 Tompkins Dr NE | Byron, MN 55920 |
| Branch Office | 501 16th St SE | Rochester, MN 55904 |