Company Information

Get to know First Alliance Credit Union

Founded in 1932 by a group of Rochester, MN postal employees, First Alliance Credit Union has grown into a community-focused financial institution. As a member-owned, not-for-profit cooperative, its mission is to prioritize members' financial needs by offering a comprehensive suite of products and services, including personal and business banking, loans, and mortgages. The credit union emphasizes personalized service and provides financial education to help its members achieve their financial goals and well-being.

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Financial BankingPRIMARY
Financial Other Service

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First Alliance Credit Union

United States

Founded in

1932 (94 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.