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First Alliance Credit Union

At First Alliance Credit Union, we place our members' needs first by providing compassion, guidance and resources to promote their financial well-being. We want to be the trusted partner of choice for your financial success.

2 min read

The Pros and Cons of Auto Leases

When you lease a car, you only pay for a portion of the car’s actual cost while acquiring a new or used car. So, if you are leasing a car, then you...

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Couple making a heart

2 min read

Should I get a Home Equity Loan or a Home Equity Line of Credit?

Many people often ask, "Should I get a home equity loan?" An equity loan, whether it is a home equity loan or a line of credit, is similar to a...

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How to Plan for Retirement at Any Age

3 min read

How to Plan for Retirement at Any Age

Whether you're just getting started in your career or are already a seasoned pro, your first step in planning for retirement is estimating how much...

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2 min read

Six Tips for Buying Your First Home

Buying a home may signify different things for many different people. However, the most common of those things is the dream of owning a home, a place...

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First Alliance Credit Union Donates 2000 lbs of Food To Paws & Claws Humane Society | Rochester MN

1 min read

First Alliance Credit Union Donates 2,000 Pounds of Pet Food to Paws and Claws Humane Society

In June First Alliance Credit Union pledged to donate 10 pounds of pet food to Paws and Claws Humane Society for every new membership account opened...

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girl holding blue prints while smiling at the camera - home interior

1 min read

Construction Loan Do's and Don'ts

Building a home is a fun and exciting process. However, there are a lot of things that you should know before you begin a construction loan to avoid...

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Businessman running away from a huge hand concept on background

4 min read

Four Types of Bad Credit Loans to Run From

We see and hear all over, "Bad Credit Loans", "Credit Repair Loans", "Bad Credit, No Problem Loans", and the list goes on and on. If you know you...

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Closeup portrait, young curious male man healthcare professional, doctor, nurse listening to piggy bank with stethoscope. Medical insurance, medicare reimbursement concept . Health-law coverage gap

2 min read

What is a Health Savings Account?

Healthcare has long been a hot topic for Americans. At First Alliance, we often get questions about Health Savings Accounts or HSA's. HSA's are a...

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on construction loans

3 min read

The 411 on Construction Loans

When contemplating building or renovating your dream home you may want to consider a construction loan. A construction loan is a short-term loan that...

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Successful business woman celebrating with arms open

2 min read

Business Credit Cards vs Business Lines of Credit

Many businesses, no matter how big or small, sometimes face cash flow challenges. Whether it is a small business getting started or one that has been...

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