Technology Magazine May 2019 | Page 128

ALLIANT CREDIT UNION
128

“Geographic boundaries are eroding ”

— Dave Mooney , CEO , Alliant Credit Union associations that we partnered with , and we diversified our membership ,” says Mooney . “ As part of this diversification , we rebranded and became Alliant Credit Union so our name was more inclusive .”
By expanding and diversifying with other companies and associations , Alliant was able to continue growing its business and its customer base . The credit union now has more than 450,000 members nationwide .
“ Now we serve employees of companies and members of associations throughout the United States ,” Mooney says . “ We have around 130 sponsors – such companies as Google , Kaiser Permanente , BASF , and a number of associations , like the Chicago Bar Association and the California Association of CPAs .”
Since Mooney joined the company in 2003 , Alliant ’ s assets have expanded from $ 4bn to over $ 11bn . The business has also transformed its operations to focus more on lending , transitioning from what was essentially a money market fund to generating higher yields through loans while still offering customers competitive rates on its deposit accounts .
MAY 2019