Credit Union History
On December 9, 1954, a statement of incorporation and charter was issued and Oak Park Employees Credit Union was born. The credit union was open to all Village of Oak Park employees except Police and Fire as they had their own credit unions. During January 1955, the police asked to become part of the new credit union and the Oak Park Police Credit Union was dissolved. Later, the firefighters credit union was also dissolved and firefighters became eligible to join. During the 1970’s, 1980’s, 1990’s and 2000’s many other groups became eligible to join the credit union including Park District of Oak Park, Village of River Forest, Oak Park Township, Oak Park River Forest High School District 200, Oak Park School District 97, Oak Park Housing Center, Oak Park Area Arts Council, Forest Park Library, and West Suburban Consolidated Dispatch Center. In addition, the credit union committed to adding new services during this time. Many services were also added to benefit our members including Share Certificates, Share Draft (Checking) Accounts, Club Accounts, Insurance Services, Wire Transfer/Western Union Service, ATM/Debit Cards, and an automated telephone system. In order to better reflect the diversity of the credit union it changed its name to Alliance Financial Credit Union in 1999 and in 2001 after years of growth the credit union moved to independent facility. However, our goals remain the same as they did in 1954 – serving our members.

Field of Membership
Alliance Financial Credit Union is not open to the general public. Individuals must qualify to join Alliance Financial Credit Union by the following:

Employees, retirees, volunteer board, commission, and committee members of the following organizations:

• Village of Oak Park
• Village of River Forest
• Park District of Oak Park
• Oak Park Township
• Alliance Financial Credit Union
• River Forest Park District
• Oak Park Regional Housing Center

Employees, volunteers, and board members of the following employers/organizations:

• River Forest Public Library
• Oak Park River Forest High School District 200
• Oak Park and River Forest Post Office
• Oak Park Public School District 97

Employees and directors of the following employers/organizations:

• Oak Park Area Arts Council
• Forest Park Public Library
• West Suburban Consolidated Dispatch Center

Members of the following organizations/associations:

• Oak Park Area Arts Council
• Friends of the Forest Park Library Associations

Any relative by blood, marriage, or adoption of a current member.

Any individual in the same household as an existing member. A household is defined as persons living in the same residence maintaining a single economic unit.

Once a member, always a member. An individual who joins the credit union through any of the above qualifications may remain a member of the credit union even if he/she leaves the field of membership.

How to Join
To become a member and use our services, one must qualify to join the credit union via the above mentioned membership qualifications. A membership application must be completed along with an initial deposit of $50.00 into a share savings account. Individuals who qualify for payroll deduction from the above mentioned groups may become a member without an intital deposit provided a minimum payroll deduction of $25.00 is started. No other credit union services may be utilized until the share savings balance has met the minimum $50.00 requirement.

If you have any questions, please don’t hesitate to call the credit union office at 708-383-6100. The credit union business hours are Monday, Tuesday, Thursday, and Friday 9:00 a.m. to 5:30 p.m. and Wednesday from 10:00 a.m. to 1:00 p.m. We look forward to assisting you and meeting your financial needs!