It all started in 1932 when the desperate financial needs of a school teacher in Rochester prompted him and 7 Rochester firefighters to establish their own credit union. Today, over 16,000 people across South East Minnesota choose First Alliance as their favorite financial institution. Anyone who lives, works, worships, owns a business or attends school in the 5-county area of Olmsted, Dodge, Goodhue, Winona, and Wabasha counties can open an account at Rochester’s original credit union. First Alliance Credit Union is a full-service financial institution offering a wide variety of financial products and services to promote your financial well-being through every stage in life. First Alliance Credit Union is federally insured by NCUA.
First Alliance Credit Union
Avoiding Payday Loans is a Good Money Move
Pay Day Loans are often advertised as a quick solution to your money troubles, but in reality can lead to a cascade of financial hardship. Jenna Taubel and Michelle Dodd with First Alliance Credit Union explain why using the short-term, ultra-high interest loans can become a trap for people who may not be aware of other available options that could lead to future Good Money Moves.