Talk:Alliant Credit Union

Some proposed changes
Alliant Credit Union is a member-owned financial cooperative headquartered in Chicago, Illinois. The page has out-of-date information (2017). Changes are below.

1)
 * Specific text to be replaced: Alliant is the eighth largest credit union by asset size in the United States with $9.7 billion USD in assets, and serves over 385,000 members worldwide.
 * Reason for the change: Alliant is the ninth largest credit union by asset size in the United States with $13 billion USD in assets, and serves more than 500,000 members worldwide.
 * References supporting change: https://www.creditunionsonline.com/largest100creditunions.html, https://www.alliantcreditunion.org/images/uploads/files/Alliant_2020AnnualReport.pdf

2) Revenue	 US$287.845 million (FY 2017)[2] Operating income	 US$191.376 million (FY 2017)[2] Net income	 US$70.926 million (FY 2017)[2] Total assets	 US$9.696 billion (FY 2017)[2] Revenue	 US$460.000 million (FY 2020) Operating income	 US$323.000 million (FY 2020) Net income	 US$63.212 million (FY 2020) Total assets	 US$13.540 billion (FY 2020) https://www.alliantcreditunion.org/images/uploads/files/Alliant_2020AnnualReport.pdf
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3) 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. Alliant offered Health Savings Accounts, until 2017, when it sold the accounts to Health Equity. (No home equity, student loans, or Kidz Klub)
 * Specific text to be replaced:
 * Reason for the change:

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 Kids Savings for minors 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, vehicle, and personal loans. Alliant also offers investment services and insurance. Alliant offered Health Savings Accounts, until 2017, when it sold the accounts to Health Equity.
 * References supporting change: http://www.alliantcreditunion.org/

4) 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 is an Illinois chartered credit union, and is under the supervision of the Illinois Department of Financial and Professional Regulation (IDFPR) and the Consumer Financial Protection Bureau (CFPB).
 * Specific text to be replaced:
 * Reason for the change:
 * References supporting change: https://www.consumerfinance.gov/about-us/the-bureau/

12.161.138.11 (talk) 18:42, 26 April 2021 (UTC)

Some proposed changes 2022
Alliant Credit Union is a member-owned financial cooperative headquartered in Chicago, Illinois. The page has out of date information (2017). Changes are below.

1)
 * Specific text to be replaced: Alliant is the eighth largest credit union by asset size in the United States with $9.7 billion USD in assets, and serves over 385,000 members worldwide.
 * Reason for the change: Alliant is the ninth largest credit union by asset size in the United States with $14 billion USD in assets, and serves more than 600,000 members worldwide.
 * References supporting change: asset size compared to other credit unions, number of assets: https://www.creditunionsonline.com/largest100creditunions.html, number of members: https://ibanknet.com/scripts/callreports/getbank.aspx?ibnid=usa_367392, assets: https://ncuso.org/credit-union/67955/financials/


 * ✅  IAm Chaos 

2) Revenue	 US$287.845 million (FY 2017)[2] Operating income	 US$191.376 million (FY 2017)[2] Net income	 US$70.926 million (FY 2017)[2] Total assets	 US$9.696 billion (FY 2017)[2] Net income	 US$216.774 million (Q3 2021) Total assets	 US$14.660 billion (Q3 2021) Total assets: https://ibanknet.com/scripts/callreports/getbank.aspx?ibnid=usa_367392, https://incfact.com/company/alliantcreditunion-rollingmeadows-il/, Net income: https://ibanknet.com/scripts/callreports/viewreport.aspx?ibnid=usa_367392&per=20210930&rpt=NI&typ=html Revenue and operating income removed: confusing language for a credit union report. Other credit union Wikipedia pages do not have this. https://en.wikipedia.org/wiki/Navy_Federal_Credit_Union, https://en.wikipedia.org/wiki/Pentagon_Federal_Credit_Union
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 * . I subtracted the expenses from the income per this source and came up with $195,424,985. Please advise. Heartmusic678 (talk) 15:01, 23 February 2022 (UTC)

3) Number of employees	555[3] 654 employees https://ibanknet.com/scripts/callreports/getbank.aspx?ibnid=usa_367392, https://www.builtinchicago.org/company/alliant-credit-union, https://www.greatplacetowork.com/certified-company/1120624
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 * ✅. Kept the same citation, updated the access date.  IAm Chaos 

4) 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. Alliant offered Health Savings Accounts, until 2017, when it sold the accounts to Health Equity. (Alliant no longer offers the following products: home equity loans, student loans or Kidz Klub) 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 Kids Savings for minors 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, vehicle, and personal loans. Alliant also offers investment services and insurance. Alliant offered Health Savings Accounts, until 2017, when it sold the accounts to Health Equity. https://www.alliantcreditunion.org/borrow, https://www.investopedia.com/best-savings-accounts-for-kids-5179494
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 * ✅. Heartmusic678 (talk) 15:01, 23 February 2022 (UTC)

5) 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 is an Illinois chartered credit union, and is under the supervision of the Illinois Department of Financial and Professional Regulation (IDFPR) and the Consumer Financial Protection Bureau (CFPB).
 * Specific text to be replaced:
 * Reason for the change:
 * References supporting change: https://www.consumerfinance.gov/about-us/the-bureau/, https://www.americanbanker.com/creditunions/news/how-one-credit-union-is-adjusting-to-change-at-cfpb


 * ✅  IAm Chaos 

209.251.255.73 (talk) 22:10, 7 February 2022 (UTC)


 * 02:27, 9 February 2022 (UTC) 02:38, 9 February 2022 (UTC)   IAm  Chaos