credit union industry financial founded october 26 1935 1 headquarters chicago illinois united states area served worldwide key people david mooney president & ceo 1 products savings ; checking ; consumer loans ; credit cards ; investments ; online banking total assets 8.2 billion usd fy 2011 2 number of employees 346 website www.alliantcreditunion.org alliant credit union is a member owned financial cooperative headquartered in chicago illinois . alliant provides exclusive benefits to employees retirees and members of qualifying organizations and their family members ; any member of the foster care to success ; and individuals who live or work in a qualifying community and their family members . founded in 1935 alliant is the 5th largest credit union by asset size in the united states with 8.2 billion usd in assets and serves over 280 000 members worldwide . 1 3 contents 1 history 1.1 mergers and acquisitions 1.2 regulatory oversight and deposit insurance 2 membership 3 products and services 4 account access 5 alliant credit union foundation 6 references 7 external links history edit on october 26 1935 a small group of united airlines employees organized a credit union . the credit union was originally founded as united airlines employees credit union uaecu but in 2003 the name was changed to alliant credit union . after 68 years as a single sponsor credit union the credit union diversified membership and by the end of 2003 offered services to 27 sponsor organizations and to individuals who lived and worked in 19 communities around o hare international airport . 4 today alliant credit union offers membership to over 150 organizations and continues to offer services to communities around o hare international airport . 5 mergers and acquisitions edit in 2008 alliant credit union acquired kaiperm federal credit union of oakland california . 6 in 2011 the credit union merged with continental federal credit union of tempe arizona including its separately branded us airways credit union . 7 8 9 regulatory oversight and deposit insurance edit alliant credit union is an illinois chartered credit union and is under the supervision of the illinois department of financial and professional regulation idfpr . alliant credit union s share savings accounts are insured by the national credit union administration ncua an independent agency of the federal government which administers the national credit union share insurance fund ncusif . the ncua and idfpr conduct periodic examinations of alliant . 10 membership edit alliant credit union membership is a benefit available to individuals who meet one of the following eligibility requirements 5 any employee or member of a qualifying organization . a person that lives works or worships in a qualifying chicago area community . any member of foster care to success . any person related to by blood or law to an existing alliant member . any domestic partners of unmarried members . products and services edit alliant credit union s product line includes savings accounts checking accounts certificates iras consumer loans and visa credit cards . an alliant savings account establishes membership with alliant credit union and the initial savings deposit is 5 . the savings account options are regular savings supplemental savings custodial savings and kidz klub for youngsters under 12 years of age . to receive monthly dividends the savings account requires an average daily balance of 100 or more . alliant s checking is free with the first set of checks being free and opting out of paper statements and having at least one monthly electronic deposit is required for the high rate checking option . consumer loans include mortgages home equity vehicle student and personal loans . alliant also offers investment services and insurance . account access edit alliant s services include alliant online banking free bill pay mobile deposit atm deposit edeposit and edepositplus . edeposit gives qualified alliant members the ability to make deposits online before mailing the actual checks in special edeposit envelopes to the credit union . edepositplus allows members to remotely deposit checks using a home scanner . currently alliant has a 24 7 member contact center 14 service centers and over 80 000 surcharge free atms located around the world . 10 alliant credit union foundation edit the alliant credit union foundation is a separate independent legal entity incorporated in illinois and operated by a board of directors composed of alliant credit union employees . the foundation is a not for profit charitable foundation established to promote economic empowerment and self sufficiency in communities where alliant credit union members and employees live and work . specific types of support that will be provided include education service grants and investments . 11 in 2010 the alliant credit union foundation completed its first year of operations . during that year the foundation donated 200 000 to worthy causes . causes eligible for foundation financial support were those in line with its mission . 12 references edit a b c alliant credit union official web site . archived from the original on 23 december 2010 . retrieved 2010 12 21 . alliant 2011 annual report . retrieved 2012 04 30 . deposit accounts . retrieved 2014 07 03 . alliant credit union connections newsletter . alliant credit union . september 2010 . archived from the original on 23 december 2010 . retrieved 2010 12 21 . a b membership eligibility . archived from the original on 23 december 2010 . retrieved 2010 12 21 . alliant cu and continental fcu merge into a strategic flight plan . credit union times . 2008 10 08 . retrieved 2010 12 21 . samaad michelle 2010 09 15 . alliant cu and continental fcu merge into a strategic flight plan . credit union times . retrieved 2010 12 21 . defeat of hostile cu takeover cost members 5 million payout . credit union journal . 2011 02 01 . retrieved 2011 02 08 . rubenstein jim 2010 02 08 . alliant completes continental fcu merger . credit union times . retrieved 2010 02 10 . a b about alliant . archived from the original on 23 december 2010 . retrieved 2010 12 21 . alliant credit union launches charitable foundation . operation hope blog . operation hope . retrieved 29 april 2016 . donations alliant credit union . credit union times . 2010 11 03 . retrieved 2011 02 03 . external links edit official website official alliant advantage website official alliant credit union foundation website retrieved from https en.wikipedia.org w index.php title alliant credit union & oldid 743336161 categories credit unions based in illinoisbanks established in 1935companies based in chicagoprivately held companies in the united states1935 establishments in illinoishidden categories official website different in wikidata and wikipedia navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history 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