USALLIANCE Financial began in 1966 as a credit union for IBM employees. Today, from its branch locations in the Northeast United States and through convenient and secure online and mobile banking options, USALLIANCE Financial serves over 90,000 members around the world.
The credit union provides a range of financial products and services, including the following personal depository banking products: checking accounts, savings accounts, health savings accounts (HSAs), money market accounts, Certificates of Deposit (CDs), and Individual Retirement Accounts (IRAs).
USALLIANCE Financial’s checking accounts include a special account option for teenagers. There is also a savings account option for children. The credit union’s money market account yields tiered interest rates, with higher rates for larger account balances. CD terms range from 3 to 60 months. USALLIANCE Financial offers Traditional, Roth, and Coverdell Education Savings Account IRA products.
In addition to the depository products mentioned above, USALLIANCE Financial also offers loans, lines of credit, and insurance options to its members.
Membership in USALLIANCE Financial is open to anyone through membership in any of four associations, including the American Consumer Council. Membership is open to those who live, work, or worship in the Massachusetts counties of Barnstable, Essex, Middlesex, Norfolk, Plymouth, Suffolk, or Worcester; the City of West Haven, Connecticut; or qualifying districts in Manhattan, Mount Vernon, and The Bronx. State or local government employees/retirees of the NY counties of Columbia, Dutchess, Greene, Orange, Putnam, Rockland, Sullivan, Ulster, Westchester are also eligible to join, as are employees of more than 175 SEGs. Complete membership requirements are listed on the Credit Union's online application.
See current membership details
Opened a couple CDs over the past week and was pleasantly surprised how smooth the process went. Both times I called customer service was very knowledge and quickly walked me through the process and answered all my questions. All it took was two days from opening to being ACH funded. That's not how it always goes in my experience so they earn a gold star in my book.
Terrible, terrible customer service. Each time you email and reply, it goes to a different CSR, who responds with a boiler plate copy-paste without reading your inquiry. It's pretty maddening. Their tech is awfully out of date, once I had to send a document via email to the personal address of the CSR after their servers failed to receive 10+ email attempts, and of course the web upload portal didn't work either. It's been a month and I haven't even managed to open an account yet, but nothing I've seen so far makes me think that they would be able to look after your money in the face of even the slightest tech-based malicious attempt.
What a joke I miss the renewal and it automatically renewed at .6% and then even if I pay over $600 penalty, they are going to charge me a service fee no matter how I remove my money. won't even send me a check for free.
Talk about insult to injury I can't believe this is a Federal Credit Union that is supposed to care about its members
Quick, easy, and great rate exactly what I needed with my CD.
Overall | |
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NCUA # | 17587 |
Year Chartered | 1966 |
Employees | 246 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.95% |
Return on Equity - YTD | 12.6% |
Annual Interest Income | $69.1MM |
Assets and Liabilities | ||
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Assets | Q3 2022vs Q3 2021 | $2.64B$2.14B |
Loans | Q3 2022vs Q3 2021 | $2.35B$1.88B |
Deposits | Q3 2022vs Q3 2021 | $1.98B$1.63B |
Equity Capital | Q3 2022vs Q3 2021 | $193.7MM$167.2MM |
Loan Loss Allowance | Q3 2022vs Q3 2021 | $16.4MM$18.1MM |
Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $10.5MM$6.2MM |
Real Estate Owned | Q3 2022vs Q3 2021 | $0$672.00K |
Always verify rates and promotions with the bank or credit union. We are not USALLIANCE Financial; 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.
Bronx Branches | ||
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Branch Office | 20 E 179th St | Bronx, NY 10453-4770 |
Chelmsford Branches | ||
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Corporate Office | 300 Apollo Dr | Chelmsford, MA 01824-3629 |
Medford Branches | ||
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Branch Office | 71 Station Lndg | Medford, MA 02155-5191 |
Napanoch Branches | ||
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Branch Office | 7500 Route 209 Inside Ellenville Walmart | Napanoch, NY 12458 |
Port Chester Branches | ||
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Branch Office | 555 Boston Post Rd | Port Chester, NY 10573 |
Purchase Branches | ||
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Branch Office | 700 Anderson Hill Rd | Purchase, NY 10577-1401 |
Rye Branches | ||
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Branch Office | 411 Theodore Fremd Ave | Rye, NY 10580 |
Wayne Branches | ||
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Branch Office | 1 Corporate Dr | Wayne, NJ 07470-3112 |
West Haven Branches | ||
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Branch Office | 1 Atwood Pl | West Haven, CT 06516-2047 |
Branch Office | 950 Campbell Ave Bldg 5 | West Haven, CT 06516-2770 |