MembersAlliance Credit Union is proud to be part of the rich cultural history of the Rockford area and the surrounding region. Founded in 1938 by a small group of Sundstrand employees, MembersAlliance has grown to be the largest locally-owned credit union, serving over 19,000 members in the counties of Winnebago, Boone, and Ogle. If you live or work here, we invite you to experience banking with us!
As a full-service community-based credit union, we are a not-for-profit financial cooperative which means even though we’re a lot like a bank, we’re a little different, and we’d like to think a little better! We offer the same types of services, but unlike a bank that has investors looking to make a profit, our customers (or members, as we call them) are the owners, and our services are designed to save you more money. Credit union profits stay within the organization and go back to the members in the form of high-quality, low-cost services: less fees, better interest rates, customer-friendly terms on accounts and loans, and so on.
We’re an organization founded on the idea of making things better so we don’t stop with just providing the smart bank alternative for the financially savvy customer…we’re proud of our region and our roots, and we’re invested in making it the best it possibly can be! As an invested member of this community, we are privileged to partner with a long list of local civic, community, and charitable organizations to help provide financial education and community growth through both time and charitable contributions (see Community Involvement for a current list).
At MembersAlliance, our purpose is to enrich the lives of those we serve through financial service. Your financial freedom is closer than you may think. Aiming to maximize your experience regardless of whether you’re engaging with our team in the branch, online, or in the community, we want you to save more and borrow smarter and be financially stable and successful.