Company Profile
Alliant Credit Union
Company Overview
Alliant Credit Union, formerly United Airlines Employees' Credit Union, was organized on October 26, 1935. The organization was founded on the philosophy of providing a safe place to save and to offer loans at fair rates for United Airlines employees.
Over the years, the credit union has expanded its products and services to include those of a more contemporary financial institution. The introduction of additional products and services is discussed by the Board of Directors on an ongoing basis. Potential offerings are evaluated on their overall benefit to the membership and impact to earnings. New products and services must meet the credit union's criteria of quality, competitive pricing, and the ability to enhance credit union earnings before they are implemented.
Today, Alliant ranks as the eighth largest credit union in the nation serving more than 180,000 members worldwide with nearly $4.5 billion in assets. Our fiscally conservative policy and prudent management has enabled Alliant to disburse over $90 million to members in the form of dividends, and capital reserves now exceeding $560 million with a 12.9% capital/net asset ratio. The Impressive amount of reserves is a key indication of financial strength.
Alliant Credit Union is an Illinois chartered credit union, and as such, is under the supervision of the Department of Financial Professional Regulation (DFPR) of the State of Illinois. Alliant's share savings accounts are insured by the National Credit Union Administration (NCUA), an independent agency of the federal government which administers the National Credit Union Share Insurance Fund (NCUSIF). The NCUSIF is the strongest of the federal insurance funds. The NCUA and DFPR conduct periodic examinations of Alliant.
Notable Clients
180,000 members
Benefits
We offer a comprehensive benefits package (including generous tuition reimbursement and personal travel reimbursement), and encourage professional development.