USALLIANCE Financial
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.30% | 1-year CD | 2.50% - Synchrony Bank 12 Month CD |
| 2.40% | 2-year CD | 2.75% - Synchrony Bank 24 Month CD |
| 3.00% | 3-year CD | 2.85% - Synchrony Bank 36 Month CD |
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.
Field of Membership Restrictions
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
Related Posts
8/24 - USALLIANCE Adds Promo Rate On 12-Month CD
8/7 - USALLIANCE Financial Raises 24-Month CD Rate
8/2 - Assorted CD Rate Changes At Usalliance
7/9 - USALLIANCE Financial Offers Special Rate 35-Month CD To Everyone
6/21 - 35 Month 3% CD 25 Month 2.85% Now for all
6/14 - USALLIANCE Financial Ups 25- And 35-Month CD Rates
6/13 - 25 Basis Point Rate Bump Ups
6/1 - New CD Rates
4/17 - USALLIANCE 9-Month CD Rate Raised
3/31 - USALLIANCE Ups 18-Month CD Rate
3/31 - 18-Month CD Rate
12/22 - USALLIANCE CD Rate Changes. Quick Look.
11/10 - USALLIANCE Ups 24-Month Certificate Rate
11/10 - 24-Month CD Now 2.02% APY
10/27 - USALLIANCE Adds 35-Month Certificate
10/27 - USALLIANCE 35 Month CD 2.38% APY. Quick Look.
9/4 - USALLIANCE Financial Ups Long Term Certificate Account Rates
9/3 - 48- And 60-Month CD Rate Hikes
9/1 - 25-Month And 36-Month CD Rates
8/10 - USALLIANCE Adds Cooperative Rewards CD Specials
8/9 - 2.28% APY 36 Mth, 2.02% 24 Mth, 1.51% 15 Mth. $500 Minimum
6/29 - Rate Changes
5/15 - 2.20% APY 36-Month Special CD
4/26 - USALLIANCE Financial Adds 36-Month High Yield CD
4/25 - 2.2% APY 36-Month Special CD
3/4 - 15Mo CD Special No Longer Available
2/22 - USAlliance CD Specials Withdrawn. Quick Look.
8/3 - New Website
2/3 - USALLIANCE Financial Continues To Offer Top Rate 15-Month CD
9/21/15 - USALLIANCE Financial Revives 25-Month CD Special
9/18/15 - 25-Mo. CD Special Is Back
7/24/15 - USAlliance FCU's "Summer Blow Out" Rate On 25-Month CD Special
7/21/15 - USAlliance CD Specials; Clarification.
7/11/15 - 25 Month 2.01% CD
6/4/15 - Usalliance Fed CU Rates Go Up
5/28/15 - USAlliance Federal CU Raises Rate On 25-Month Fixed Certificate Again
5/4/15 - USAlliance Federal CU Has Top Rate 15-month and 25-month CD Specials
5/3/15 - Usalliance 15M/1.51%, 25M/2.01% (Hush-Hush?) CD's. Quick Look.
4/1/15 - USAlliance Federal CU Offers Two New CD Specials (Nationally Available)
11/7/14 - Win $3,000/$5,000 Cash From Usalliance FCU; CT, MA, NJ, NY Only.
10/31/14 - Usalliance Ends 13 Month CD Special
9/10/14 - USAlliance Federal CU's Competitive Rate 13-month CD Special: It's Back
9/9/14 - 1.30% APY, 13-Month CD Special
8/11/14 - USAlliance Federal CU New 25-Month CD Special (Nationally Available)
5/23/14 - USAlliance FCU Increases Rate of its 35-Month CD Special
5/7/14 - USAlliance Credit Union can call CDs early
5/2/14 - Special CDs with Top Rates at USAlliance FCU - Easy Membership
5/1/14 - Usalliance Spring CD Special
5/1/14 - CD Specials From Usalliance Credit Union
6/28/13 - Special CD Rates at USAlliance FCU - Easy Membership
1/8/13 - Special 15-Month CD Rate at USAlliance FCU - Easy Membership
12/10/12 - Special 12-Month CD Rate at USAlliance FCU - Easy Membership
2/12/09 - 4.03% 18-Month CD at USAlliance FCU in NY, NJ & MA
2/12/09 - 3.46% 11-Month and 18-Month CD at USAlliance Federal Credit Union in MA, NY and NJ
3/15/07 - 5.60% 15-Month CD at a MA/NJ/NY Credit Union (US Alliance)
3/3/07 - 6.00% 7-Month CD at a Colorado CU (US Alliance).
| Featured Account Options | SPONSORED LISTINGS | ||||
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Best Customer Service
I worked with a particular manager at USAlliance. She was super diligent to help the process of opening an IRA and transferring a Trad IRA from another financial institution. She never took longer than 24 hours to get back to me and it was usually less than 15 minutes. I have nothing but good things to say about USAlliance. They are great there!
36 Mo. August 2017 CD Special
Surprisingly, this was for existing members only, not for the public or new members. Speaks well for their loyalty to existing members!
It ended today , 8/31, for members.
I Would Give Them A Zero For Customer Service BUT...
...everyone I spoke to at US Alliance was very nice. Nice does not mean smart or timely. I wanted to make my account a joint one with my daughter and add more money(so I could get full NCUA coverage).
That's when the idiocy kicked in. They kept asking me for more and more proof, official ID, utility bills (most kids don't have), etc etc. Despite my daughter being on about 10 accounts at major institutions, and me providing backup and more backup they would not open the account. Their system told them my daughter's SS number was not what it has been since birth. The backup I sent included a pay stub with address and SS no--that should have been enough.
Two weeks later, after chasing them around, I gave up. Rates at other institutions that can handle requests quickly and intelligently are out there.
Nice does not mean intelligent!
Difficult To Get Your Money Out From US Alliance
Twice it was close to impossible to get my funds back when a CD matured. They will not allow ACH transfers initiated from your account. I am an internet customer in California and they are in Rye, New York. The customer service representative said "come into a branch to make your withdrawal"! They sent me a form called "Agreement for Preauthorized Transfers". They confirmed receipt of the form but when it came time for the CD maturity, they denied that they received it. It has taken much effort and the loss of many days of interest to get funds back from them. For these reasons I did not renew my account nor will I open new accounts in the future.
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 17587 |
| Year Chartered | 1966 |
| Employees | 270 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.89% |
| Return on Equity - YTD | 12.32% |
| Annual Interest Income | $32.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $1.59B$1.28B |
| Loans | Q2 2018vs Q2 2017 | $1.37B$1.09B |
| Deposits | Q2 2018vs Q2 2017 | $1.18B$1.01B |
| Equity Capital | Q2 2018vs Q2 2017 | $112.3MM$98.3MM |
| Secondary Capital | Q2 2018vs Q2 2017 | $17.0MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $11.1MM$9.2MM |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $9.1MM$7.3MM |
| Real Estate Owned | Q2 2018vs Q2 2017 | $412.00K$976.00K |
This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.
Usalliance Lowers 3-Yr. CD Yield To 2.80% (Was 3.25%)
fine print: "Promotional rate. New money only. Eligible only for funds not currently on deposit at USALLIANCE Financial. Step-Up Certificate Accounts are ineligible for this promotion."
https://www.usalliance.org/about-us/rates/savings-rates
Assorted CD Rate Changes At Usalliance
24 months 2.80% APY
12 months 2.50% APY
They may have terminated their specials for 35 months (3.00% APY) and 25 months (2.85% APY).
https://www.usalliance.org/about-us/rates/savings-rates
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.
