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When you are ready to open an account at First Alliance Credit Union, the first step is to open your Share Savings Account. It is called a Share Savings because the $5.00 you deposit into the savings account is similar to you buying a share of stock in our credit union. That $5.00 makes you a member-owner of the credit union; it is the foundation of your membership with us. But you'll also get so much more than that:
Looking for saving options for a young saver? Check out our Youth and Teen Account Options!
Depositing regularly into a Holiday, Vacation or Back to School Club Account helps you save money throughout the year.
Each Club Account has a specific date when the balance and dividends are transferred to your Checking or Savings Account to help with purchases.
Club Accounts have a higher interest rate than standard savings accounts.
Contact us to talk about opening a club account.
Health Savings Accounts (HSA) are a type of savings account that allows you to save your money on a pre-tax* basis to help you pay for qualified medical expenses, such as:
HSA's are not "use it or lose it" type accounts, so your HSA balance rolls over from year to year. When you open your HSA account will receive a special debit card to easily access and track your HSA funds.
*Consult your tax advisor
First Alliance has always been a business for the people and you do not feel like a number. I felt the clerks and loan officers would listen to you for your needs and do everything they could do effectively. As a member for many years, the service and knowledge are always appreciated. I would rather have First Alliance receive the interest off my account than any other bank because of their energetic, optimistic, ethical attitude toward members. Also, I felt I saved money too. Thank you.
Diane from Rochester, MN