First Alliance Credit Union Named Best Credit Union to Work For

First Alliance Credit Union of Rochester MN has been named one of the 2018 Best Credit Unions to Work For by the Credit Union Journal. 

The Importance of a Preapproved Auto Loan

More people are taking out auto loans than ever before. According to a 2017 report, over 107 million American adults have an auto loan. That’s 43 percent of American adults!

Want More Money? Start Couponing Now

It can feel like taking care of your family and saving money are contradictory goals, but that is only the case if you do not plan things out. You have to be savvy in order to push through common financial pitfalls and create a steady savings. One way you can do this is by taking up couponing.

5 Ways to Protect Yourself From Investment Fraud

After Bernie Madoff was caught stealing billions of dollars from investors he had lured into his Ponzi scheme, people realized that not everything that shines is gold. You may not run into a white-collar criminal like Madoff, but if you've done research online for investments over the years, you'll end up running across scams sooner or later. Be on the lookout for signs such as these:

The Basic Differences Between Banks and Credit Unions

Credit unions and banks may, at first glance, seem to be quite similar. Deposits in both banks and credit unions are insured by the federal government; however, under different programs. Bank deposits are insured up to $250,000 by the Federal Deposit Insurance Corporation (FDIC). Credit union deposits are insured up to $250,000 by the National Credit Union Administration (NCUA).

What is an Educational Credit Score?

You hear about apps and websites offering free credit scores all the time these days, which is great! These educational credit scores allow regular people to keep a closer eye on a very important part of their finances. However, people often run into the issue where the credit score they are seeing in their app is not the same as the credit score that is pulled by a lender when it’s time to apply for a loan. The reason for this is because there are two types of credit report inquiries, soft and hard.

Can You Buy A Home If You're In Debt?

If you are looking for a home, you might be wondering if it is possible to purchase one if you are in debt. Most Americans are in debt, so you are not alone in wondering this. Here is what you need to know about credit and how it affects your home buying goals:

What You Need to Know About Insurance Companies

Having insurance is one of the keys to protecting your financial future. You can save thousands of dollars by having insurance. However, there are several important facts that you will need to know about insurance.

Minnesota Credit Union Foundation Scholarship is Available to First Alliance Members

A great benefit of being a First Alliance Credit Union member, is that students can apply for the Minnesota Credit Union Foundation Scholarship. First Alliance Credit Union members have applied for this scholarship over the years and have won. 

What Are Virtual Credit Cards And What Can They Do For You?

With all the stories in today's news about security breaches and identity theft, you might wonder how in the world you can protect all your personal information and financial data. There is no 100% foolproof way to eliminate data theft, but you can minimize the chances of it happening with certain fraud monitoring and prevention services, as well as virtual credit cards. If you shop online frequently and your budgeting plan includes credit card security, Money Under 30 recommends considering virtual credit cards.