Alliant is one of the nation’s 10 largest credit unions, with more than $12 billion in assets. With more than eight decades of history, Alliant Credit Union has created an expansive line of financial products and services along the way. Since the onset of the COVID-19 pandemic, the economy has spiraled downward, leaving many people...
Banking isn't just for banks — another type of financial institution that millions of people use every day is called a credit union. Credit unions operate like banks, with a few key differences that might make a credit union your perfect option.
A credit union is a not-for-profit, financial collective; members of credit unions are also considered part owners. Rather than operating with the goal of making a profit and providing value to shareholders — which are banks’ primary objectives — credit unions make their members the top priority.
Every credit union seeks to benefit a particular group of people or organization. There are credit unions for teachers, military personnel, residents of specific cities and more. However, that means that to join a credit union, you must qualify under its field of membership.