We understand you may have concerns about your financial assets. But rest assured, Alliance Credit Union has been a trusted and stable financial institution for over 55 years. Your deposits are insured by the NCUA. We invite you to take a look at the resources below to get a better understanding of share insurance and the benefits of banking with credit unions.

How your accounts are federally insured.

This brochure offers information about the NCUA and share insurance.

Credit Unions – the better way to bank.

With all of the concerns about the banking industry, it seems like a good time to revisit the positive qualities of credit unions. Read more>

NCUA: Your Insured Funds

NCUA: Electronic Share Insurance Calculator

NCUA: Share Insurance Tool Kit

NCUA: Easy-to-use Share Insurance guide

Unlawful Internet Gambling Enforcement Act

In accordance with the requirements of the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) and Regulation GG, this notification is to inform you that unlawful Internet gambling transactions are prohibited from being processed through your account or relationship with our institution and are restricted. Restricted transactions are transactions in which a person accepts credit, funds, instruments or other proceeds from another person in connection with unlawful Internet gambling.

Under UIGEA, the term “unlawful internet gambling” means “to place, receive, or otherwise knowingly transmit a bet or wager by any means which involves the use, at least in part, of the Internet where such bet or wager is unlawful under any applicable Federal or State law in the State or Tribal lands in which the bet or wager is initiated, received or otherwise made.”

In other words, UIGEA relies on State and Federal law to determine what’s illegal under the statute. Online state lotteries, horse racing and fantasy football are not considered illegal under the statute.

For more information, please call at 800.232.8669 or use the online Contact Us form.

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Effective June 1, 2010: The $250,000 in additional share insurance from American Share Insurance (ASI) will no longer be available.
4.15.2010

Your savings at Alliance Credit Union continue to be federally insured up to at least $250,000 by the National Credit Union Share Insurance Fund (NCUSIF), and if you have deposits exceeding $250,000 you may be able to restructure your accounts to expand your federal insurance coverage.

IRA and joint accounts are insured up to $250,000 separately from your other accounts.

If you have any questions or concerns about this change in share insurance or want assistance reviewing your accounts, please call us at 800.232.8669 or click here to download an easy-to-understand guide.

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IMPORTANT CHANGE IN TERMS NOTICE: Federal Reserve – Reg CC Change in Funds Availability
2.27.2010

Due to restructure of the Federal Reserve’s check processing operations, effective February 27, 2010, all checks are considered local checks for determining availability of funds. No checks are considered non-local at that time. Please refer to the local checks sections of the Funds Availability Policy in your Handbook. All checks [except cashiers or tellers checks, or checks drawn on the U.S. or State Government] are now generally available on the second business day after the day of deposit, unless we have reason to be concerned about payment, in which case you will be notified and the funds will generally available by the seventh business day after the day of deposit.

Please call us at 800.232.8669 for more information or click here to view the entire Funds Availability Policy.