Alliant Credit Union

Alliant Credit Union Recognized for Finance Industry & Workplace Achievements in TITAN Business Awards

Retrieved on: 
Tuesday, April 9, 2024

CHICAGO, April 9, 2024 /PRNewswire/ -- Alliant Credit Union, one of the largest credit unions in the nation, has earned the highest honors in this year's 2024 TITAN Business Awards, recognizing its leadership and exceptional performance in finance and workplace culture. The international TITAN awards celebrate business excellence worldwide and individuals and organizations for their innovation, leadership and outstanding achievements.

Key Points: 
  • Alliant CEO honored with Executive of the Year award, organization garners top distinctions for leadership in finance industry and overall workplace excellence
    CHICAGO, April 9, 2024 /PRNewswire/ -- Alliant Credit Union, one of the largest credit unions in the nation, has earned the highest honors in this year's 2024 TITAN Business Awards, recognizing its leadership and exceptional performance in finance and workplace culture.
  • The international TITAN awards celebrate business excellence worldwide and individuals and organizations for their innovation, leadership and outstanding achievements.
  • Dennis Devine, president and CEO of Alliant Credit Union, was named "Finance Executive of the Year," highlighting his exemplary leadership.
  • "We are thrilled to be acknowledged in this year's Titan Business Awards, a testament to our relentless focus on digital excellence and innovation.

Alliant Credit Union's 2023 Annual Report: A Record $439 Million in Dividends Paid as Membership Soars to 830,000

Retrieved on: 
Wednesday, February 21, 2024

CHICAGO, Feb. 21, 2024 /PRNewswire/ -- Today, the all-digital Alliant Credit Union unveiled its 2023 annual report, showing a strong financial performance for one of the largest credit unions in the nation and soaring member value vs. traditional banks. Alliant reports both record dividends paid and record membership growth coupled with substantial member savings by having accounts with Alliant vs. the average national bank, despite an overall tumultuous year for the U.S. economy.

Key Points: 
  • Alliant reports both record dividends paid and record membership growth coupled with substantial member savings by having accounts with Alliant vs. the average national bank, despite an overall tumultuous year for the U.S. economy.
  • Through continued investments in its digital-first strategy, technological innovation and a focus on increased member value, Alliant saw significant 2023 growth.
  • Some of the key growth areas highlighted in Alliant's 2023 annual report include:
    $442 million in member value.
  • "2023 was a pivotal year for our economy and for many of our members, and Alliant emerged stronger than ever.

Alliant Credit Union Partners with EveryoneOn and Visa to Bring Digital Equity to The Big Game

Retrieved on: 
Friday, February 9, 2024

LAS VEGAS, Feb. 9, 2024 /PRNewswire/ -- In an effort to bridge the digital divide, Alliant Credit Union, Visa and EveryoneOn, along with Nevada Partners, open The Community Access Lab in Las Vegas' Westside. This initiative is a part of Visa's Super Bowl Giveback Program. The initiative aims to enhance community residents' digital and financial literacy and foster Westside entrepreneurship.

Key Points: 
  • LAS VEGAS, Feb. 9, 2024 /PRNewswire/ -- In an effort to bridge the digital divide, Alliant Credit Union, Visa and EveryoneOn, along with Nevada Partners, open The Community Access Lab in Las Vegas' Westside.
  • "Digital Equity is the heartbeat of our success at Alliant Credit Union.
  • Our Foundation's mission is to provide reliable digital access resources to underserved communities," said Dennis Devine, CEO of Alliant Credit Union.
  • The Community Access Lab will meaningfully advance Alliant's and Visa's mutual social impact goals by supporting digital equity and inclusion in Las Vegas.

Alliant Credit Union Garners Triple Recognition in Built In's 2024 Best Places to Work Awards

Retrieved on: 
Tuesday, January 9, 2024

CHICAGO, Jan. 9, 2024 /PRNewswire/ -- Alliant Credit Union, a leader in the financial services industry, is proud to announce it has been named a three-time winner in the prestigious Built In 2024 Workplace Awards. Alliant has not only been named as one of "Chicago's Best Midsize Places to Work" and "Chicago's Best Places to Work" but also the national designation of "U.S. Best Midsize Places to Work."  

Key Points: 
  • The fully digital member-centric credit union named as one of Chicago's Best Places to Work, Chicago's Best Midsize Places to Work and U.S. Best Midsize Places to Work
    CHICAGO, Jan. 9, 2024 /PRNewswire/ -- Alliant Credit Union, a leader in the financial services industry, is proud to announce it has been named a three-time winner in the prestigious Built In 2024 Workplace Awards.
  • Alliant has not only been named as one of "Chicago's Best Midsize Places to Work" and "Chicago's Best Places to Work" but also the national designation of "U.S. Best Midsize Places to Work."
  • "Alliant Credit Union is honored to be recognized by Built In with these three prestigious awards driving home our focus on our employees and creating an exceptional workplace," said Dennis Devine, CEO of Alliant Credit Union.
  • "I'd like to extend our heartfelt congratulations to the 2024 Best Places to Work winners," says Maria Christopoulos Katris, Founder and CEO of Built In.

Paving the Path to Homeownership, Alliant Credit Union Launches New Mortgage Offerings

Retrieved on: 
Thursday, December 7, 2023

CHICAGO, Dec. 7, 2023 /PRNewswire/ -- Aiming to make the dream of home ownership a reality for more Americans, Alliant Credit Union announced several new mortgage offerings and a new home construction loan. Alliant, one of the nation's largest credit unions, is partnering with real estate industry giants Zillow, Bankrate and Lending Tree to bring the new products to more people.

Key Points: 
  • Recognizing the challenges posed in a landscape of soaring mortgages and home prices, Alliant is committed to enabling more Americans to achieve their homeownership goals.
  • VA (Veterans Affairs) mortgage: Exclusively for veterans, this product offers a 0% down payment option, coupled with the advantage of no monthly mortgage insurance.
  • Construction loans: Alliant Credit Union introduces a unique one-time close product, facilitating financing during the construction phase, automatically converting to a permanent end-loan mortgage upon project completion.
  • said Dan Bauer, Head of Residential Lending for Alliant Credit Union.

Alliant Credit Union's Meredith Ritchie Named to List of Most Powerful Women in Credit Unions

Retrieved on: 
Tuesday, November 28, 2023

CHICAGO, Nov. 28, 2023 /PRNewswire/ -- Alliant Credit Union proudly announces that Meredith Ritchie, General Counsel, Chief Ethics and Government Affairs Officer, has been named to American Banker's Most Powerful Women in Credit Unions list for 2023. Ritchie, who also serves as the Board President for the Alliant Credit Union Foundation, was recognized for her outstanding leadership, dedication and impactful contributions to the Credit Union industry.

Key Points: 
  • CHICAGO, Nov. 28, 2023 /PRNewswire/ -- Alliant Credit Union proudly announces that Meredith Ritchie, General Counsel, Chief Ethics and Government Affairs Officer, has been named to American Banker's Most Powerful Women in Credit Unions list for 2023.
  • Ritchie, who also serves as the Board President for the Alliant Credit Union Foundation, was recognized for her outstanding leadership, dedication and impactful contributions to the Credit Union industry.
  • Launched in 2022, The Most Powerful Women in Credit Unions expanded American Banker's recognition programs to celebrate the women leaders who are driving innovation, catering to underserved communities and guiding the future of financial services.
  • "It is truly an honor to be named one to this prestigious list of so many women who are driving credit unions forward through their dedication and innovations," said Ritchie.

Thanksgiving Cost Analysis: While Turkey & Gas Prices Dip, Alcohol, Dinner Roll & Canned Veggie Prices on the Rise

Retrieved on: 
Friday, November 17, 2023

CHICAGO, Nov. 17, 2023 /PRNewswire/ -- With Thanksgiving right around the corner, consumers nationwide can expect a mixed bag of relief at the grocery store but can be thankful for a welcome break at the pump for holiday travel. A consumer price analysis by Alliant Credit Union finds that while Turkey prices are the lowest they've been since 2021 ($1.25 a pound) and gas prices are decreasing, those cost savings may be offset by rising costs for other items like baked goods, alcohol and canned vegetables.  

Key Points: 
  • Turkey prices are holding steady at $1.25 a pound (down forty-three cents from earlier this year reaching a 2-year low), according to the United States Department of Agriculture.
  • Potatoes saw a 1.5% per pound increase to just over $1 a pound ($1.006), contrasted by a 6% decrease in the cost of butter.
  • Consumers can also expect to pay more for canned vegetables such as cranberries, up 3.2% and, alcoholic beverages, which jumped 3.7%.
  • Shop Smarter: Look out for seasonal deals, discounts, and coupons, and consider purchasing non-perishable items in advance when prices are favorable.

While Feds Hold Steady on Interest Rates, Top Certificate Rates Soar Says Alliant Credit Union

Retrieved on: 
Wednesday, November 8, 2023

CHICAGO, Nov. 8, 2023 /PRNewswire/ -- With the recent announcement of an unchanged interest rate by the Federal Reserve coupled with a rate of inflation holding steady at 3.7%, economic stress continues to grip American households. Rising costs, a weak stock market, soaring home prices and mortgage rates to match and a personal savings rate at its lowest this year (just 3.4%) paint a bleak picture, but one often unheard-of financial tool is seeing record rate increases and may offer some relief: certificates.

Key Points: 
  • Top certificates have stayed steady in their trajectory of continuing to beat the inflation rate.
  • Today, Alliant Credit Union announced its highest certificate rates to date, increasing 18-month regular certificates from 5.05% annual percentage yield (APY) to 5.30% APY and 18-month jumbo certificates from 5.10% APY to 5.35% APY, among the top rates currently on the market.
  • "As the Federal Reserve is keeping interest rates steady, we at Alliant wanted to go further to help members who are looking to get ahead financially by increasing our certificate rates of return," added Grover.
  • Alliant Credit Union is a member-based financial institution, joinable through numerous partner organizations.

Alliant Credit Union and World Wide Technology Announce Partnership to Enhance Financial Wellness for Employees

Retrieved on: 
Tuesday, June 13, 2023

CHICAGO, June 13, 2023 /PRNewswire/ -- Alliant Credit Union (Alliant) – a member-owned, digital-only financial institution headquartered in Chicago, Illinois – is excited to announce World Wide Technology (WWT) as its newest select employee group, making Alliant a valuable employee benefit for WWT team members. Financial wellness is crucial for overall well-being and Alliant is thrilled to offer WWT employees exclusive access to its range of financial solutions designed to help them achieve their financial goals.

Key Points: 
  • The partnership aims to make banking easier for World Wide Technology employees, who will have access to reliable financial resources to help turn their financial aspirations into action.
  • CHICAGO, June 13, 2023 /PRNewswire/ -- Alliant Credit Union (Alliant) – a member-owned, digital-only financial institution headquartered in Chicago, Illinois – is excited to announce World Wide Technology (WWT) as its newest select employee group, making Alliant a valuable employee benefit for WWT team members.
  • Financial wellness is crucial for overall well-being and Alliant is thrilled to offer WWT employees exclusive access to its range of financial solutions designed to help them achieve their financial goals.
  • "Alliant is proud to be a trusted partner to WWT employees and offer them a suite of solutions to make reaching their financial goals a reality," said Robert Perrelli, Head of Partnership Development at Alliant Credit Union.

Alliant Credit Union CEO Dennis Devine Named by EY as an Entrepreneur Of The Year® 2023 Midwest Award Finalist

Retrieved on: 
Tuesday, May 16, 2023

CHICAGO, May 16, 2023 /PRNewswire/ -- Alliant Credit Union, a national digital credit union, is delighted to announce that CEO Dennis Devine has been named by Ernst & Young LLP (EY US) as an Entrepreneur Of The Year® 2023 Midwest Award finalist. Now in its 37th year, Entrepreneur Of The Year is one of the preeminent competitive business awards for transformative entrepreneurs and leaders of high-growth companies who are building a more equitable, sustainable and prosperous world for all.

Key Points: 
  • CHICAGO, May 16, 2023 /PRNewswire/ -- Alliant Credit Union , a national digital credit union, is delighted to announce that CEO Dennis Devine has been named by Ernst & Young LLP (EY US) as an Entrepreneur Of The Year® 2023 Midwest Award finalist .
  • Challenging the banking status quo is in their DNA, and they'll never stop disrupting it — always for the good of our members," said Devine.
  • "Alliant is unlike any other financial institution you know: as a national digital credit union, we deliver value in ways that banks can't."
  • The Entrepreneur Of The Year National Overall Award winner will then move on to compete for the EY World Entrepreneur Of The Year™ Award in June 2024.