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Alliant raises its savings dividend rates – AGAIN!

02/02/2015• Alliant NewsPress Releases

Alliant Credit Union is pleased to announce that it has increased the dividend rate on its savings accounts (including regular, supplemental, kidz klub and Coverdell savings accounts), Certificates, and IRAs for the second time in the past six months. Alliant also now offers jumbo Certificates with special, higher rates for Certificates of $25,000 or more.

“Our goal throughout our 80-year history has been for our members to earn more with Alliant, and that’s why we continue to offer dividends that are among the highest rates in the country,” said Alliant President and CEO David W. Mooney. “Our low operating expenses and strong financial position allow us to reward our members with higher savings rates and lower loan rates.”

At its January board meeting, the Alliant Board of Directors raised the credit union’s regular savings dividend to 0.90% Annual Percentage Rate (APY)1from 0.80% APY, effective February 1, 2015. The rate increase is a continuation of Alliant’s history of dividend rates that are among the highest in the nation. In fact, at 0.90% APY, Alliant members earn a dividend rate that is 11 times higher than the bank national average rate.2

The dividend rates for Certificates were also raised, with rates as high as 2.15% APY.3 An Alliant member recently posted a review online stating that “Alliant certificates are easy to open and monitor, and the interest is really good compared to banks.”

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