The $7.8 billion Alliant Credit Union was the only cooperativeto make Money Magazine's “Best Banks 2011” list.
|The publication said the Chicago-based credit union earned theranking because it “combines an open-door policy with competitiveofferings.”
|“Credit unions traditionally best the big banks for customerservice and account terms, but membership can be tough to secure,”according to Money. “Employment by major companies such as Google orKaiser grants access here, as does a one-time $10 donation to thecharity Foster Care to Success.”
|The publication also liked that Alliant offers 1.15% on savings,no fees on noninterest checking, and “a direct deposit to theinterest-bearing option gets you 1.1% with no charges.”Money also noted that Alliant has branches in Arizona,California, Colorado, Illinois, New Jersey, Texas and Virginia.
|Other financial institutions were ranked for best checkingaccount, best savings account, best online package and bestregional banks.
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