Your money can do more than grow. 

At First Alliance Credit Union, every dollar you place in an Impact CD supports high-need products and programs that conventional financial institutions often overlook, such as:

• Manufactured Home Loans - this housing solution offers a gateway to homeownership for lower income families.

• Small Business Loans - these products offer cashflow, capital, and more for local entrepreneurs trying to achieve their dreams.

• ITIN Lending Program - this program provides safe and affordable lending solutions for immigrants and refugees building their new lives in SE Minnesota.

• No Judgement, Just Guidance Program - this program gives those needing a fresh start judgment-free credit rebuilding solutions. 

Put your liquidity where it drives measurable change when you open your Impact CD today!

Impact CDs offer specialized features and benefits to ensure your deposits work for you and our community:

Key Features: 

• Minimum Balance to Open: $100,000 

• Flexible Terms: 60, 84, or 120 months

• Rates: Fixed, offering a steady, reliable ROI

Key Benefits:

• Add additional funds at any time during the certificate term without altering maturity

• Receive a copy of our Annual Community Impact and Financial Report to see your impact in action

• Options to redirect your earnings to the First Alliance Credit Union Foundation for additional community impact and potential tax benefits (consult your tax advisor)

• For deposits exceeding the $250,000 federal NCUA coverage threshold, you can opt-in for Excess Share Protection (ESP) from American Share Insurance (ASI), which offers additional protection up to $5 million in deposits, for a combine total coverage of $5.25 million (Speak with a Member Advisor to opt-in).

You can make an impact with a minimum deposit of $100,000 and receive a steady return over 5, 7,  or 10 years.

Current Impact CD Rates

Effective July 18, 2025

*APY=Annual Percentage Yield. All rates are subject to change without notice. Early withdrawal penalties may apply. Fees on this account may reduce earnings. Consult your Truth-In-Savings disclosure for complete details.