It pays to be a member of Alliant – $265 a year
April 13, 2012 | Alliant Credit Union
The Alliant Advantage is more than just a slogan. The average Alliant member earns a financial benefit of $265 per year (and the average household, $506) 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 $1,113.37 in direct financial benefits during the 12 months ending December 2011.
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 $70,885,672 million in direct financial benefits to our 266,151 members during the 12 months ending December 2011. To compare our benefits against banks, CUNA used the average bank rates provided by Datatrac Corp., which monitors more than 20,000 financial institutions.
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