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Alliant High-Rate Checking Account Certified by Banking Advocates as Safe, Affordable


The award-winning account offers competitive features like great rates and ATM fee rebates without monthly service or overdraft fees

Alliant, a nationwide digital credit union and one of the largest “challenger banks,” announced that its high-rate checking account is officially certified by the Cities for Financial Empowerment Fund (CFE Fund) as meeting the Bank On National Account Standards.

Certified accounts like the Alliant High-Rate Checking account need to have key features, including no monthly service, overdraft or non-sufficient fund (NSF) fees, the ability to pay bills and make purchases, and federal deposit insurance. Alliant’s checking account also offers a high interest rate, ATM fee rebates, an award-winning mobile banking app and a large ATM network.

“We’re all in and go all-out for our members’ success. That’s why we’re committed to offering great rates, low fees and an excellent digital experience,” said Alliant Chief Digital Officer Sumeet Grover. “We’re proud to say that our flagship checking account is Bank On certified. The Alliant High-Rate Checking account is not only considered one of the best in the market, it’s certified as safe, affordable and reliable by the CFE Fund.”

The goal of Bank On is to ensure that everyone has access to safe and affordable financial products and services. The Bank On National Account Standards identifies critical features for bank or credit union accounts, making it easier for local coalitions across the country to connect consumers to accounts that meet their needs.

“The Cities for Financial Empowerment Fund is delighted to award its national Bank On account certification to the Alliant High-Rate Checking account,” said Jonathan Mintz, president and CEO of the CFE Fund. “Anyone looking to improve their finances can find a safe, affordable, and truly useful digital checking account at Alliant – this is especially important during COVID-19, as consumers need to access and manage their money both affordably and safely. Alliant‘s offering of this terrific account brings them into the forefront of national banking access efforts, and we thank them.”

Alliant has won several accolades, including CNBC’s Best No Monthly Fee Checking Accounts, NerdWallet’s Best Checking Accounts of November 2021, Money’s Best Credit Unions of 2021-2022 - Best Account Fees, and Newsweek’s Best Banks 2021.

As a digital financial institution, Alliant can offer the High-Rate Checking account nationwide. New and existing members can apply for the account at

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