Alliant Annual Membership Meeting Info Found! (For 2017)

racecar
  |     |   628 posts since 2014

I was helping an older relative with their shredding of old tax boxes today, and happened to see the following, printed on Alliant's December 31st 2016 paper statement:

ANNOUNCING ALLIANT'S 81st ANNUAL MEETING OF THE MEMBERS!

Alliant's 2017 Annual Meeting will be held on Thursday, February 23, 2017, from 9:30am to 10:00am CST at Alliant Headquarters located at 11545 West Touhy Avenue, Chicago, IL 60666. This meeting is open to all members of Alliant.

Wow.

Back then, Alliant properly informed their members of the Annual Meeting, instead of going out of their way to keep the information secret, as they do now. (Interesting that back then, it only needed to be 30 minutes).

I have no idea if this is still the address where their now-hidden meetings are held, but I would assume so, as it's still their corporate address. Except now, on Alliant's own website, it says the public is no longer allowed there:

As of 2/24/24, Alliant's website (under "About") still shows this address as being their "Corporate Offices" -- but now says: "Not open to the public. No branches or ATMs." So, would they bar the public from entering now if one somehow actually managed to find out when their Annual Meeting (required to be open to the public) was, breaking the rule that it's to be open to the public? Or have they switched to holding it in a nearby bar? (I doubt it).

For what it's worth, I also came across the Dec 2017 and Dec 2018 statements while shredding today, but those years did NOT mention the meeting (at least in the December statements, which were the only ones my relative kept). What changed between Dec 2016 and Dec 2017?

At any rate, I happened across this right when Alliant is likely holding their Annual Meeting (going out of their way to make sure none of their members can actually attend), so I wanted to post this here for posterity. I started a new thread to make it more easily found for anyone in the months/years to come.




Kaight
  |     |   1,192 posts since 2011
racecar and P_D

Good find. Back in 2017 things at Alliant were very different. At that time Mr. Dave Mooney was still in office as Alliant president. He has since retired. The new man brought in as president had no credit union background whatsoever. His only banking experience was at for profit financial institutions. He is running Alliant as a vicious for profit bank, which does NOT put members first.

In addition:

That is a very good link, well worth a read.  Here it is in clickable form:

https://www.depositaccounts.com/community/news/#story44170

It's difficult to believe Alliant members have been suffering this BS for at least three years.  As for Ken:

I'm confident Ken did his best, as he promised to do.  But Alliant's stonewall on this matter is too high and too dense for even Ken to penetrate.  And given Ken was unable, what chance do you think any of us mere Alliant members have?  
racecar
  |     |   628 posts since 2014
2024:
Well, it's started again. According to this thread:
https://www.doctorofcredit.com/alliant-closing-down-some-accounts-mo-deposits/ Alliant has yet again held their (supposedly "public" but actually secret) meeting and kicked out more members without giving them a chance to state their case. One member states he's been with them since 2008, another member states he used them as a hub about 10ish times a month (no int'l) -- yet another member who wasn't kicked out said they'd used Alliant as a hub for 13 years but wasn't kicked out (but they closed their account on their own in 2023 before Alliant did anything).

As bad as Alliant kicking members out for things that are perfectly legal, what I find even more disgusting is that they give their Illinois regulator a big middle finger and do it in secret, breaking the rule that their membership meeting is to be open to its members by making sure no one can ever find out when/where it is.
KateAderson
  |     |   3 posts since 2024
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