NFP500

#132 of 500 · Member & Benefit Funds

Alliant Credit Union

EIN 36-6066772 · IL · NTEE W61 · Form 990, fiscal 2023

A not-for-profit financial cooperative headquartered in Chicago, Illinois, originally founded as the United Airlines Employees' Credit Union. As a member-owned institution, it provides banking services including savings and checking accounts, loans, and credit cards, largely online, aiming to enhance members' financial well-being through higher savings dividends and lower loan rates. It is one of the largest credit unions in the United States.

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Financials, fiscal 2023

Revenue
$1.15B
Expenses
$1.07B
Total assets
$18.47B
Net assets
$1.29B
Operating margin
7.3%
1-year growth
56.6%
5-year growth (CAGR)
22.2%
Reserve (years of spending)
14.6
Contributions share
n/a
Programme spending
92.8%
Fundraising cost
n/a
Executive pay share
0.48%
Employees
1,050
Revenue per employee
$1.1M
Grants paid
n/a
Years filing
59

NFP Health Score: 67 / 100

Financial 53 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To wow our members, to boldly disrupt banking norms and to do good for our members, employees and communities.

Revenue history

YearRevenue
2019$515.0M
2020$498.3M
2021$528.3M
2022$734.2M
2023$1.15B