Alero Financial is a not-for-profit financial cooperative.

As a credit union, we offer all the same products and services as a bank, but we're different.

Instead of being motivated by profits, we are a mission-driven organization that exists to empower everyday people.

Alero was founded in 1939 in Chicago by 15 employees of Automatic Electric, who wanted to build on an idea to pool their money and lend to one another at lower rates than banks.

This concept of empowerment is the foundation of our member-owned credit union, which is fueled by a vision of making a meaningful difference in the financial lives of our members.

Today, we partner with employers across the U.S. to provide free financial wellness services, discounted loans, and better savings rates to their employees at no cost to them. 

• The real difference is you. With us, you're a member, not a customer. We're not-for-profit, so we don't answer to stockholders, like banks do. We answer to you.
• We are financially strong and secure. Alero has consistently earned the highest ratings by our state and Federal regulators. Check out our current Health Rating at DepositAccounts.com.
• We succeed in making a meaningful difference in the financial lives of our members. And we've been doing so for generations.
• We want you to reach your potential. We can help your employees reach their financial potential, just like we've helped employees at over hundreds of Sponsor Companies nationwide. We currently offer valuable financial wellness resources to help you find answers about how to budget, save for the future or a rainy day, build your credit, and more.

Employee memberships can be shared with family. And the best part is memberships are for life — once a member, always a member.

REQUEST MORE INFO

A financial wellness benefit spans a range of services designed to help an organization's employees tackle their financial challenges, seize opportunities, and master personal finance.

Financial wellness benefits can include:

• employees-only access to financial wellness tools and resources
• special discounts and promotions to help them save money and get ahead financially
• on-site and virtual training sessions on key financial wellness topics like credit repair, budgeting, and planning for retirement
• access to one-on-one personal finance counseling with certified financial wellness experts
• holistic support through a range of money management products and services

Why partner with Alero?

For generations, hundreds of companies large and small across America have relied on Alero Financial to support the financial health of their employees.

• boosting employee productivity and job satisfaction
• improving talent acquisition and retention
• building a healthy and happy workplace culture
  

Partnering with Alero will give your team members-only access to:

• free financial wellness resources including 1-on-1 coaching with certified experts 
• discounted home, auto, and personal loans and low-rate credit card options
• higher-yield, risk-free savings and investment accounts
• free digital banking and personal finance tools designed to make money management quick and easy
• convenient financial services with nationwide account access

Best of all, our expert team will do all the administration, making this the easiest choice you'll make as you build a more robust benefits package.
REQUEST MORE INFO

1http://files.consumerfinance.gov/f/201408_cfpb_report_financial-wellness-at-work.pdf
2https://www.gobankingrates.com/saving-money/data-americans-savings 

Interested in offering Alero's banking solutions to your employees?

Here's how it works:

1. We'll meet to discuss the relationship and learn more how to empower your company as we support your employees through our free financial wellness benefit.

2. If you would like to proceed, we will create a letter of intent (LOI) that expresses your interest in partnering with us. This is a no-strings-attached agreement and not a contract. You are free to move on at any time.

3. Once the LOI is signed, we'll provide you with materials to help you announce this new benefit to new hires and existing team members.

4. We'll check in periodically to assess your evolving needs and schedule visits and virtual activities to engage your team members.

Contact us at financialwellness@alero.org for more information or to schedule a meeting.

You should receive a response from a Alero representative within 24-48 business hours.

Our financial wellness experts are available to give presentations on-site to your employees about financial health and provide financial education on topics ranging from identity theft, budgeting, credit reports and more. 

These on-site presentations are an important benefit to helping your employees become financially stronger.

An Alero Representative will administer these presentations and be available to enroll employees and answer any financial questions. We will provide you with all the materials to announce our financial on-site visit. All we ask is your aid in distributing them and a modest amount of introductory administration such as processing direct deposit/payroll allocation.

Check out our one-stop resource for partner company employees to engage with their financial wellness benefit:  alerofinancial.org/yourbenefit. 

Help your employees engage with their free financial wellness benefit with flyers, presentation slides, and links to share with your staff. Visit our Employer Resources page to learn more.

Want to schedule a site visit or talk about ideas for meeting the financial needs of your employees?

Contact our team at financialwellness@alerofinancial.org.