Alliant CU Back At It, Kicking Out Members. Watch For Snail Mail Letter.

Kaight
  |     |   1,192 posts since 2011

Alliant CU members only:

Be on lookout for bad news possibly arriving in your mail. As has happened the last couple of years following their February annual meeting, Alliant is once again expelling members for reason(s) unknown and with no explanation.

Some notice letters have already arrived at members' homes, others can be expected this coming week if you are on the target list.

Here is a link to more information and discussion:

https://www.doctorofcredit.com/alliant-closing-down-some-accounts-mo-deposits/

If you make it through this 2023 purge you most likely will be OK until next February.  While speculation is rampant, and many have their theories, nobody knows for certain why Alliant is taking these actions.  The credit union is revealing nothing, so it is impossible to take remedial action in advance.  All you can do is hope for the best.

Good luck to all.




jack12
  |     |   307 posts since 2021
75% of members vote to oust some members for no reason whatsoever every year
Thats wild
111
  |     |   672 posts since 2019
Shunned! As I recall from The Scarlet Letter, the actual letter in question was in fact an "A". A for Alliant?
midas89
  |     |   1,021 posts since 2017
They put the LIE in aLIEant. It is inexcusable that they don't first give members a chance to change any banking behavior before they throw members out.
Rickny
  |     |   1,298 posts since 2017
Put in $100 a month for 12 months got a $100 bonus. Closed the account after the bonus and intrest were credited to my account.

Nothing special to keep my funds with them.


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