Alliant Credit Union to become AIM Credit Union, January 1, 2022

DUBUQUE, Iowa – In 1999, Interstate Employees Credit Union changed its name to Alliant Credit Union to align with utility company mergers and the name change of Interstate Power to Alliant Energy. In 2003, Chicago-based United Airlines Credit Union changed their name to “Alliant Credit Union.” In short, there are two credit unions using the name “Alliant” and it has caused confusion for members of both.

Meanwhile, our Dubuque-based Alliant Credit Union has continually evolved in the 89 years since our inception in 1933. We have welcomed over 50 select employee groups to our field of membership. Our Alliant Credit Union is now the largest closed field of membership credit union in Iowa.

Considering the confusion with the “other Alliant Credit Union,” and the growth of our credit union, our Board has made the decision to change the name of our credit union to ensure future growth and continue our focus on our members.

“We feel now is an opportune time to recognize our growth and the entirety of our diverse membership,” said Mike Moroney, president and CEO of Dubuque-based Alliant Credit Union.

Effective January 1, 2022, Alliant Credit Union will be AIM Credit Union.

“This is an evolution of our credit union and allows for future growth in all the segments we serve including: Alliant Energy, Industries, Medical professionals, labor unions, educators, and many other employee groups in Iowa and Wisconsin,” Moroney added.

The name change will not affect members and there is no action required on their part.

 

A Timeline of Growth

1933                Founded by a few employees of Interstate Power, an electric utility company, to loan money to their coworkers during the great depression.

1999                Interstate Employees Credit Union changed its name to Alliant Credit Union to align with utility company mergers and the name change of Interstate Power to Alliant Energy.

2005                Welcomed the members of Upholsterers Credit Union serving the employees of Flexsteel, a Dubuque-based furniture manufacturer. All previous and current Flexsteel employees became eligible to join Alliant Credit Union.

2007                Welcomed the members of Health Services Credit Union in Dubuque, IA. Membership was extended to anyone working for a licensed medical organization in Dubuque, Linn, and Des Moines Counties, and contiguous counties. This includes students majoring in the health care field in Dubuque County.

2015                Welcomed the members of Three I Credit Union in Burlington, IA. Anyone who works in industries in Des Moines County and contiguous counties in Iowa became eligible for membership with Alliant Credit Union.

2015                Welcomed the members of General Drivers Credit Union and all members and employees of General Drivers and Helpers Local 120 and the Dubuque Community School District, became eligible for membership with Alliant Credit Union.

2018                Welcomed the members of the Des Moines County (IA) Postal Credit Union.

2021                Alliant Credit Union has over 11,000 members from over 50 Select Employee Groups in Iowa and Wisconsin including: Alliant Energy; Industries in Des Moines County and contiguous counties; Des Moines County Postal Credit Union; General Drivers and Helpers Union Local 120 of Dubuque, IA; United Steelworks of America, AFL-CIO, CLC, Local 1861 of Dubuque, IA; Healthcare facilities in Dubuque, Linn and Des Moines Counties in Iowa, and their contiguous counties; the MedQuarter District of Cedar Rapids, IA; and nearly 90 additional employers in Iowa and Wisconsin.

2022                Alliant Credit Union changes its name to AIM Credit Union.

Alliant Credit Union is an award-winning, full-service, financial institution with offices located at 1200 Associates Dr. and 1402 White St. in Dubuque, IA; 1305 1st Ave. SE in Cedar Rapids, IA;
and 3001 Sylvania Drive, Burlington, IA. For more information, visit www.alliantcu.com or call 563-585-3737, 800-928-4328. Equal Housing Lender. Member NCUA.

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