Company Profile
Altra Federal Credit Union
Company Overview
Altra is a federally insured financial institution that offers a full range of financial services, from personal and business to lending and investments. Chartered in 1931, Altra is a not-for-profit, member-owned financial cooperative serving members in all 50 states and around the globe. We are also deeply committed to giving back to the communities we serve.
We offer exciting growth opportunities to those who strive to learn and show eagerness to take on new challenges. Working for Altra not only creates job stability, but it means working for a company that exemplifies an innovative culture and encourages forward thinking. For all of us who work here, it's the chance to share important moments and make a real difference in our members' lives.
Altra is a Great Place to Work® certified organization; we support diversity in the workplace and an Equal Opportunity Employer; bilingual abilities are a plus.
Company History
A look at Altra’s history!
The credit union was state-chartered in 1931 as Trane Employees Credit Union in La Crosse, WI. Over the years, services expanded well beyond the La Crosse, WI, area and membership eligibility expanded to include more than Trane employees.
In 2005, the credit union was renamed Altra Federal Credit Union. The name was chosen to reflect the increased diversity of our membership while honoring our history by combining the words alliance, Trane, allegiance, and tradition. Today, Altra serves members in all 50 states and locations worldwide.
Our Guiding Principles
Like all cooperatives, we follow eight basic guiding principles:
1. Voluntary Membership
2. Democratic Member Control
3. Member Participation
4. Autonomy & Independence
5. Education, Training, and Information
6. Cooperation among Cooperatives
7. Concern for Community
8. Diversity, Equity and Inclusion
What makes Altra different from other financial institutions?
Altra is in business to benefit our Members’ by providing competitive products and services while still keeping our rates and fees low. Altra is dedicated to financial literacy education for members to help them make better decisions. The primary concern is always for the Members’ financial success. It’s important to understand Altra’s cooperative structure, principles and purpose, because those are key reasons why we are safe, sound and solvent today.
Notable Products / Brands
Helping You Live Your Best Life!
Notable Accomplishments / Recognition
Great Place to Work certified
Fortune's "Best Workplaces in Financial Services and Insurance"
Gold Level recipient by the Wellness Council of America's Well Workplace Awards
401(k) Plan with employer contributions, recognized as Best In Class by Plan Sponsor Magazine
Benefits
Helping you live your BEST life!
Altra is proud to be designated as one of America’s healthiest companies! In 2018, Altra was honored as a Gold Level recipient by the Wellness Council of America’s Well Workplace Awards, which recognizes an organization’s commitment to the physical health and well-being of their employees.
Comprehensive healthcare benefits designed for flexibility and accessibility of care.
Company paid life insurance (basic)
Flexible Spending Account (FSA)
Medical Plan with Altra Health Savings Account (HSA)
Medical Opt-out
Dental Plan
Vision Plan
Supplemental Health, Cancer, and Critical Illness Insurance
Long-term Disability Insurance (LTD)
The ACE Initiative: Altra’s Commitment to Excellence
Tuition Assistance
Peer Mentor Program
Future Business Leaders of Altra (FBLA) Program
Job Shadow Opportunities
Employee Assistance Program (EAP)
Employee Discounts on Altra products & services
Retirement Savings Plan
Annual retirement planning trainings
Paid time to meet with an AFA Financial Advisor
401(k) plan with employer contributions, recognized as Best In Class by Plan Sponsor Magazine in 2019
ETO (Earned Time Off), based on years of service
Birthday off
Paid Holidays
Paid VTO (Volunteer Time Off)
Paid Sick Leave
Paid Jury Duty
Nationally recognized wellness program for employees and spouses
Cash incentives for participation in wellness program
Monthly Fitness Club Membership Subsidies
On-site fitness center at Operations Center in Onalaska, WI
Race Reimbursements
Learning Bites: Employee Wellness Education
Real Appeal Program