First Alliance Credit Union is a member-owned financial cooperative based in Rochester, Minnesota. Established to serve the financial needs of its members, the organization operates under a cooperative model that emphasizes democratic control, with each member typically holding an equal vote in governance regardless of account size. Its core purpose centers on providing accessible financial services through a structured framework that supports savings, lending, and basic payment products. Historically, credit unions like First Alliance often originated to serve specific communities or employee groups, evolving over time to broaden member eligibility while maintaining a focus on member benefit rather than external profit motives.
The credit union’s operational scope generally includes routine savings accounts, various loan products, and other standard financial services designed to meet everyday financial needs. As a regulated financial institution, its activities are subject to applicable state and federal oversight, ensuring compliance with consumer protection and safety standards. The organization’s structure typically features a board of volunteers or elected representatives and a management team responsible for day-to-day operations, strategic planning, and member services.
Better than 77% of providers in Rochester
In addition to the primary service, First Alliance Credit Union also offers:
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First Alliance Credit Union is a verified financial service provider. This means we have confirmed their business information, contact details, and they have received customer reviews. You can trust this provider for your financial needs.
Find answers to common questions
First Alliance Credit Union is listed as a financial service provider in Rochester, MN and must follow both state and federal regulations that apply to this type of business. As with any financial provider, you should review the agreement carefully before signing, make sure you understand all fees and repayment terms, and only use official contact details from this page or the company's own website. Avoid sharing personal or payment information with anyone who contacts you unexpectedly and, if something seems unclear, ask First Alliance Credit Union to explain the terms in writing before you proceed.
To improve your chances of getting better terms from First Alliance Credit Union, be prepared with accurate information about your income, existing debts, and the amount you really need to borrow. If possible, check your credit history in advance, avoid late payments on other accounts, and consider offering collateral if the product allows it, as stronger overall finances can help you qualify for more favorable rates or fees. It's also a good idea to compare First Alliance Credit Union with other providers in Rochester and to ask directly about any current promotions, loyalty benefits, or ways to reduce the total cost of your loan.
First Alliance Credit Union has a rating of 4.4, which is better than 77% of providers in Rochester.
Requirements can vary by product, but for most visits you should be ready to bring a valid government-issued ID, proof of income (such as recent pay stubs or bank statements), and proof of address like a utility bill or lease. If you are applying for a title or secured loan, you may also need the vehicle title, registration, and insurance details, along with any other documents First Alliance Credit Union requests. It is always best to call ahead using the phone number on this page so First Alliance Credit Union can confirm exactly which documents you need for your specific situation.
In addition to its primary service, First Alliance Credit Union also offers: Credit union, ATM, Bank, Financial institution, Mortgage lender.