It pays to be a member of Alliant – $240 a year (or more)
March 27, 2013
The Alliant Advantage is more than just a slogan. The average Alliant member earns a financial benefit of $240 per year (and the average household, $456) for doing business with Alliant Credit Union - compared to doing business with a bank, according to a national economic study prepared by the Credit Union National Association (CUNA).
These are the total benefits we provided divided across all members - even those who conduct very little business with Alliant. CUNA also estimates that Alliant provided "loyal high-user" member households $1,322 in direct financial benefits during the 12 months ending September 2012.
The report points out that Alliant offers lower loan rates than banks on
- new and used car loans
- home equity loans
- credit card loans
And, Alliant pays its members higher dividends on savings, Free High Rate Checking, Certificates and IRAs.
CUNA calculated that Alliant provided more than $67,017,343 in direct financial benefits to our 279,094 members during the 12 months ending September 2012. To compare our benefits against banks, CUNA used the average bank rates provided by Datatrac Corp., which monitors more than 20,000 financial institutions.
© 2013 Alliant Credit Union. All Rights Reserved.