Credit union · NCUA insured
First Alliance Credit Union Savings Rates
First Alliance Credit Union’s best savings rate is 1.10% APY on $10,000, with its Personal Money Market Accounts. Rates checked October 16, 2026.
How First Alliance Credit Union’s savings rates compare
Compared with banks and credit unions near Rochester, MN, where First Alliance Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
First Alliance Credit Union
1.10%APY
- Minimum
- $2,000
- Earns on $10,000 a year
- $110
Personal Money Market Accounts
Top rate
Altra Federal Credit Union
3.75%APY
- Minimum
- $0
- Earns on $10,000 a year
- $375
2nd-highest rate
Luminate Bank
3.50%APY
- Minimum
- —
- Earns on $10,000 a year
- $350
First Alliance Credit Union savings score
86
Savings score
Higher than 75% of U.S. banks and credit unions
- $1,000 balance$1,0000.30%
- $10,000 balance$10,0001.10%
- $100,000 balance$100,0002.10%
- QualifiedQualified1.10%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where First Alliance Credit Union ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Personal Money Market Accounts
1.10%APY
Requires a minimum opening deposit of $2,000. Monthly fee assessed if balance falls below $2,000 minimum balance.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $2,000 – $20,000 | 1.10% | $110 |
| $20,000 – $50,000 | 1.50% | — |
| $50,000 – $100,000 | 1.80% | — |
| $100,000 – $250,000 | 2.10% | — |
| $250,000 and up | 2.70% | — |
Sources (1)
- firstalliancecu.com/money-market · captured Sep 18, 2026
Pet Savings
0.30%APY
No monthly service fees or charges. No minimum balance requirement.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.30% | $30 |
Sources (1)
- firstalliancecu.com/save · captured Sep 18, 2026
WINcentive Savings
0.30%APY
Prize-linked savings account offering chances to win monthly, quarterly, holiday, and annual cash drawings.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.30% | $30 |
Sources (1)
- firstalliancecu.com/save · captured Sep 18, 2026
Main Share Savings
0.20%APY
Foundational account for credit union membership ($5.00 deposit makes member an owner). No monthly service fees or charges.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $5 and up | 0.20% | $20 |
Sources (1)
- firstalliancecu.com/save · captured Sep 18, 2026
Sub-Share Savings
0.20%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $100 and up | 0.20% | $20 |
Sources (1)
- firstalliancecu.com/save · captured Sep 18, 2026
Special-purpose accounts
IRA Savings, Roth & Coverdell
0.60%APY
Includes Traditional IRA, Roth IRA, SEP IRA, and Coverdell ESA options. Dividends compounded monthly. No annual maintenance or service fees.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $10 and up | 0.60% | $60 |
Sources (1)
- firstalliancecu.com/save · captured Sep 18, 2026
Health Savings Account
0.45%APY
Pre-tax savings for qualified medical expenses; balance rolls over year to year.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $1 and up | 0.45% | $45 |
Sources (1)
- firstalliancecu.com/save · captured Sep 18, 2026
Holiday/Vacation/Back to School Club
0.30%APY
Account balance and dividends transfer automatically on specific dates: Vacation Club deposits June 1st, Back-to-School deposits August 1st, Holiday deposits November 1st each year. Early withdrawal penalties may apply.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.30% | $30 |
Sources (1)
- firstalliancecu.com/save · captured Sep 18, 2026
Youth Share Savings Accounts
0.20%APY
For ages 0 to 12. Parent or guardian required as joint owner on the account when child is under 18. Deposits can be made at any time.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and upPays the same rates as the main share account.$5 and up | 0.20% | $20 | Pays the same rates as the main share account. |
Sources (1)
- firstalliancecu.com/save · captured Sep 18, 2026
Who can join First Alliance Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Open to anyone who lives, works, does regular business, worships, attends school, or owns a business/entity in 14 southeast Minnesota counties.
Family and household
- Family members of existing members are eligible to join regardless of where they reside.
Other ways
- Open to those who donate a minimum of $10 to the First Alliance Credit Union Foundation.
Cost to join
- A share deposit of $5 is required to open an account.
Membership information collected October 4, 2026.