For those new to online banking: click here to get started.
The First Alliance Credit Union Foundation’s mission is to make financial success achievable for all. We believe the key to financial success starts with alleviating financial stress, especially for those communities that have been historically underserved. To that end, we support organizations that seek to relieve the financial stress of those in need but also use innovative, inclusive programs and proven methods to empower individuals by providing them with the financial tools they need to succeed.
The First Alliance Credit Union Foundation is a 501(c)(3) non-profit founded in April 2022. Our goal is to improve the financial well-being for all members of our South East Minnesota community by working with community partners to relieve the financial stress of families and individuals. Financial stress comes in many forms, from food and housing insecurity to financial literacy needs and so much more. When community members are financially stable it impacts their mental and physical well-being and contributes positively to the local economy. Our Foundation will help by providing much needed funding to organizations in the Rochester area that are doing incredible work to improve the lives of financially stressed families and individuals in our community.
Boy’s and Girl’s Club of Rochester: We funded the Money Matters program for 2023. Money Matters is youth development program with a curriculum promoting financial responsibility and independence among Boys & Girls Club members ages 13-18. This program increases the financial literacy of Club teens by focusing on critical money management skills such as goal setting, budgeting and saving, while also equipping them with the decision-making confidence to achieve financial well-being and lifelong success. By encouraging teens to envision their life after high school and into young adulthood, Money Matters prepares young people to select a career, manage benefits and earnings, and be supportive of family without the distraction of potential financial stressors.
Bear Creek Services: We provided funding for an important renovation project to create wheelchair accessible housing for residence of Bear Creek Services at the Allendale House. The home has zero steps and has several other accessible attributes that will allow this home to support people with disabilities for decades to come! Allendale house will be a home for men who have developmental disabilities in the community. The first residence moved into Allendale house during the summer of 2023.
Jeremiah Program: We provided funding to support coaching programs centered on college persistence for JP moms. A college education is a key to higher earnings, steady employment, and financial security. With the support of their JP Coach, JP moms explore career pathways, enroll or re-enroll in a local post-secondary program, map out their plan for program completion, and balance life as a non-traditional student parent. The coaching framework paces moms’ support needs throughout their post-secondary lifecycle and uses asset-based language that speaks to moms from a place of strength rather than perceived needs or deficits.
Rochester Community & Technical College Foundation: We provided funding for the OAKS scholarship program. The OAKS (Overcoming Adversity Keeping Strong) program provides scholarships for students who have overcome significant adversity and want to pursue their education. The OAKS scholarships help support students "beat the odds" to pursue their education, leading to successful careers with many of our leading employers. The OAKS program helps disadvantaged students, whom are often low-income, immigrants, refugee, people of color, people with disabilities or mental health struggles, to access a quality education at RCTC.
Family Service Rochester: We provided funding to support the local Meals on Wheels program. The Meals on Wheels program helps those in our community wo are often seen the least but in the most need, this includes the elderly and people with physical and mental disabilities who are often living in poverty in our SE MN community.70% of FSR's Meals on Wheels clients live alone and rely on services for both a hot meal and an assurance check, giving them and families peace of mind. 64% of the Meals on Wheels clients live below 185% of poverty and 93% of them require some kind of financial assistance to pay for their meal.
Channel One: We provided funding for purchasing meals for food insecure families. Food insecurity is growing across the country and Channel One has experienced a 32% increase in monthly household visits to area food shelves compared to last year. The funding provided ensures that Channel One has the operational capacity to continue their mission and distribute more than 11.9 million pounds of food annually across 14 counties, support approximately 8,000 household visits a month to the Channel One Food Shelf, and serve an estimated 1,050 prepared meals weekly.
Making a donation to the First Alliance Credit Union Foundation will provide direct support to organizations committed to alleviating financial stress for historically underserved communities in the Rochester area. Funds donated will support financial literacy education, improve affordable housing and eradicate homelessness, as well as provide access to basic needs and important services to those in our community. Use the button below to donate today.
Or mail your donation check to First Alliance Credit Union Foundation at:
At First Alliance Credit Union Foundation, we are committed to supporting 501(c)3 non-profit organizations in South East Minnesota that equip individuals with the resources necessary to achieve financial stability and well-being. However, please note that we do not provide funding to organizations with religious or political affiliations.
Please note: The First Alliance Credit Union Foundation seeks to provide funding for specific programs and initiatives requiring a minimum of $1,500 in direct support. If you are looking for a sponsor for a fundraising or marketing event and/or are not part of a 501(c)3 organization, please send your support request to jtaubel@firstalliancecu.com
The First Alliance Credit Union Foundation is led by a volunteer board of directors.
Contact our board: foundation@firstalliancecu.com
© 2018 - 2023 First Alliance Credit Union | 501 16th St. SE Rochester, MN 55904 | (507) 288-0330
Privacy Policy | Routing Number: 291975481
Affiliate Site Disclaimer: Our website privacy and security policies only provide protection via the domains owned and operated by the credit union: firstalliancecu.com and resources.firstalliancecu.com. By accessing any linked website not hosted on the listed domains you will be leaving our website and entering an affiliate site which is hosted and controlled by another party. Please be advised that you will no longer be subject to, or under the protection of, the privacy and security policies of our website. We encourage you to read and evaluate the privacy and security policies of the website which you are entering, which may be different than those of ours. Inclusion of any linked website on our site does not imply approval or endorsement of the linked website by us. This remains true even where the linked site appears within the parameters or window/frame of our site. We are not responsible for practices employed by websites linked to or from our website, nor the information, content, accuracy, or opinions expressed in such websites, and such websites are not investigated, monitored or checked for accuracy or completeness by us, nor do we maintain any editorial or other control over third-party websites. Your browsing and interaction on any other website, including websites which have a link to our site, is subject to that website's own rules and policies. If you decide to leave our website and access any third-party websites, you do so solely at your own risk.
In accordance with federal law and U.S. Department of the Treasury policy, this institution is prohibited from discriminating based on race, color, national origin, sex, age, or disability. Submit a complaint of discrimination, by mail to U.S. Department of the Treasury, Office of Civil Rights and Equal Employment Opportunity , 1500 Pennsylvania Ave. N.W., Washington, D.C. 20220, (202) 622-1160 (phone), (202) 622-0367 (fax), or email crcomplaints@treasury.gov.