Business Details
50+ Years
experience
Your Trusted Partner for Financial Solutions in Rochester, MN
Founded in 1932 during the Great Depression, First Alliance Credit Union began as a financial cooperative for Rochester city employees and has grown to serve over 20,000 members across 14 southeastern Minnesota counties. Our mission centers on listening to members' needs and providing tailored financial solutions, guided by core values of passion, persistence, and presence. With 90+ years of local expertise, we offer a full range of services including personal and business banking, loans, and investment products. Our innovative approach combines modern technology like mobile banking apps and advisor-supported kiosks with personalized service from experienced professionals. We maintain deep community ties through our Foundation and volunteer initiatives while expanding access to financial opportunities.Our leadership team brings decades of combined experience in credit union operations, digital transformation, and member-centric service delivery. We prioritize transparency, security, and ethical practices in all financial transactions and member interactions. As a member-owned institution, we reinvest profits to benefit our community through competitive rates, educational resources, and local economic development. Our historical growth reflects our commitment to adapting with the times while maintaining the personal touch that defines our cooperative structure.
Services
Personal Loans
Auto Loans
Home Equity Loans
Credit Cards
Business Banking
Mortgages
Savings Accounts
Checking Accounts
Mobile Banking
Financial Education
Details
- Year established: 1932
Highlights and features
- We offer 90+ years of local financial expertise and community commitment
- Our advisor-supported kiosks provide 24/7 access with personalized assistance
- We serve members across 14 southeastern Minnesota counties with tailored solutions
- Our member-owned structure ensures profits benefit the local community
- We combine modern technology with personalized financial guidance
What people say
Exceptional personal service
User-friendly mobile app
Community-focused initiatives
Competitive loan rates
Knowledgeable staff
Services
Personal Loans
Our personal loans provide flexible financing solutions for debt consolidation, major purchases, or unexpected expenses. With competitive interest rates and customizable repayment terms, these unsecured loans help members achieve financial goals without requiring collateral. Our experienced loan officers guide applicants through the process to find the right borrowing amount and payment schedule.
Home Equity Loans
Leverage your home's value with fixed-rate home equity loans offering predictable monthly payments and potential tax advantages. These secured loans allow members to access substantial funds for home improvements, education expenses, or major life events while maintaining their primary mortgage. Our advisors help determine appropriate loan-to-value ratios and repayment timelines.
Business Banking
Comprehensive financial solutions for local businesses include checking accounts, merchant services, and specialized lending products. Our business banking team provides cash management tools, payroll processing, and customized loan packages to support growth at every stage. We offer dedicated relationship managers for personalized financial guidance.
Mobile Banking
Our mobile app enables 24/7 account management with features like mobile check deposit, bill payment, and real-time transaction alerts. Members can securely transfer funds, monitor balances, and access financial resources through an intuitive interface designed for both iOS and Android devices. Biometric authentication ensures secure access.
Financial Education
We provide free educational resources including budgeting tools, credit score guidance, and homeownership workshops. Our financial literacy programs help members make informed decisions about saving, investing, and debt management. Personalized counseling sessions are available for specific financial planning needs.
People
Brent Rempe
President/CEO
Brent Rempe leads First Alliance Credit Union with over 25 years of credit union leadership experience. He focuses on strategic growth, member experience, and community impact while maintaining the institution's cooperative values.
Andrea Allen
Executive VP/Chief Revenue Officer
Andrea Allen oversees revenue generation and product development with a decade of credit union executive leadership. She specializes in creating member-centric financial solutions that drive sustainable growth and community engagement.
Jake Dorsch
Chief Financial Officer
Jake Dorsch manages financial operations and risk management with expertise in credit union financial strategy. He ensures fiscal responsibility while supporting innovative product development and long-term organizational stability.
Jeremiah Halloran
AVP of Digital Services and Technology
Jeremiah Halloran leads digital transformation initiatives, implementing cutting-edge technology solutions to enhance member experiences. He oversees mobile banking development, cybersecurity, and technology infrastructure upgrades.
Jenna Taubel
AVP of Marketing
Jenna Taubel directs marketing strategies and community engagement efforts. With credit union industry expertise, she develops campaigns that strengthen brand awareness and promote financial literacy across service areas.
Questions
How do I become a member of First Alliance Credit Union?
Membership is open to anyone living, working, or owning a business in our 14-county service area. You can join by opening an account with a $5 deposit.
What loan options are available for first-time homebuyers?
We offer specialized mortgage programs including ITIN loans for non-SSN holders, with competitive rates and down payment assistance options for qualifying first-time homebuyers.
Are there fees for using the advisor-supported kiosks?
No, our 24/7 advisor-supported kiosks provide free access to basic banking services like deposits, withdrawals, and account management during extended hours.
How can I access mobile banking features?
Download our free mobile app from the App Store or Google Play, then log in with your online banking credentials to access mobile check deposit, bill pay, and account management tools.
What business banking services do you offer?
We provide business checking accounts, merchant processing, payroll services, and commercial loans with personalized support from dedicated relationship managers.
How does the credit union support local communities?
Through our Foundation, we fund local initiatives, offer financial education programs, and support volunteer efforts that strengthen economic opportunities across southeastern Minnesota.
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