Charter 62872 · Rochester, MN
First Alliance Credit Union
First Alliance Credit Union is a state-chartered credit union in Rochester, Minnesota, with $358 million in assets and 21,902 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 9.95%, well above the 7% that NCUA's rules treat as well capitalized.
Also does business as Primera Alianza Cooperativa de Ahorro y Credito.
- Total assets
- $358 million
- +26.1% in a year
- Members
- 21,902
- +4.4% in a year
- Net worth ratio
- 9.95%
- Peer median 11.65%
- Loans 60+ days late
- 1.19%
- Peer median 0.70%
- Loans outstanding
- $258 million
- +13.8% in a year
- Shares and deposits
- $296 million
- +20.2% in a year
- Branches
- 7
- 81 employees
- Opened
- 1932
- Minnesota charter
How First Alliance Credit Union compares
NCUA groups credit unions by size; First Alliance Credit Union is in the group with $100 million to $500 million (1,061 credit unions). Its net worth ratio of 9.95% is lower than that group's median of 11.65%, and its share of loans 60 or more days past due, 1.19%, is higher than the group median of 0.70%. Loans grew 13.8% over the year to Q2 2026, against a group median of 2.9% growth.
By assets it ranks 18 of 80 credit unions headquartered in Minnesota. See all Minnesota credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $358 million | 21,902 | $258 million | 9.95% | 1.19% |
| Q1 2026 | $335 million | 21,663 | $247 million | 10.44% | 1.27% |
| Q4 2025 | $301 million | 21,351 | $236 million | 10.80% | 1.53% |
| Q3 2025 | $291 million | 21,253 | $232 million | 11.03% | 1.34% |
| Q2 2025 | $284 million | 20,974 | $227 million | 11.07% | 1.42% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 661,764 potential members.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 7 sites for First Alliance Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- 16th Street (main office)
501 16Th St Se, Rochester, MN 55904 - Byron
1011 Tompkins Dr Ne, Byron, MN 55920 - Stewartville
300 Main St N, Stewartville, MN 55976 - Commerce Dr
2483 Commerce Dr Nw, Rochester, MN 55901 - Lake City
201 N 8Th St, Lake City, MN 55041 - 37th Street
320 Alliance Pl Ne, Rochester, MN 55906 - Mobile Branch
Po Box 8070, Rochester, MN 55903
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology