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New Alliant Credit Union Savings Account and CD Rates - Down But Still Very Competitive
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POSTED
ON BY Ken Tumin
Alliant Credit Union lowered rates on its savings account and certificates today, but the rates remain very competitive. The savings account yield fell from 4.35% to 4.00% APY. I've been told that their savings account rate typically remain valid for the entire month. The top yield on their 12-to-17 month certificate fell from 4.40% APY to 4.15% APY. This requires a minimum deposit of $25,000. However, the yield for the $1,000 minimum remained the same at 4.00% APY. The yield for $25K minimum deposits remained the same for the longer terms (4.15% APY). The yield for the $1K minimum deposits actually increased from 3.75% to 4.00% APY. The table below shows how the rates have changed:
There's one extra little perk for those not yet an Alliant online banking user. You can earn up to $10 in their Go green promotion. You can earn $5 for enrolling in online banking and use it 3 times by May 31st and $5 when you access eStatements and optout of paper statements. The promotion ends 5/31/08.
For details about the savings accounts, certificates and membership qualifications, please refer to my previous Alliant Credit Union review. Anyone can be qualifed to join via membership in the National PTA.
Branches are located in Chicago, Des Plaines, and Elk Grove Township, Illinois. There are also branches in Colorado, California and Virginia. The credit union is federally insured by the NCUA (Charter # 67955). It's a large credit union with $4.9 billion in assets and 211,631 members.
Alliant Credit Union Certificate Rate Changes as of 5/1/08:
OLD NEW
TERM APY/$1K min APY/$25K min APY/$1K min APY/$25K min
12-17mo 4.00% 4.40% 4.00% 4.15%
18-24mo 3.75% 4.15% 4.00% 4.15%
There's one extra little perk for those not yet an Alliant online banking user. You can earn up to $10 in their Go green promotion. You can earn $5 for enrolling in online banking and use it 3 times by May 31st and $5 when you access eStatements and optout of paper statements. The promotion ends 5/31/08.
For details about the savings accounts, certificates and membership qualifications, please refer to my previous Alliant Credit Union review. Anyone can be qualifed to join via membership in the National PTA.
Branches are located in Chicago, Des Plaines, and Elk Grove Township, Illinois. There are also branches in Colorado, California and Virginia. The credit union is federally insured by the NCUA (Charter # 67955). It's a large credit union with $4.9 billion in assets and 211,631 members.
