Alternatives Federal Credit Union

Credit union · Ithaca, United States · overall 2.8 / 10

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How this 2.8 is built

Average of 12 scored needs: 2.8. Regulation in United States: 87/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 2 scores backed by filings or its own pages.

Alternatives is recorded in the global register as a credit union in Ithaca, United States. Total assets 0.16 bn USD at 2026-03-31. Established 1979. Collected from open registers.

On its own website: “At Alternatives FCU, our mission is to build wealth and create economic opportunity for underserved people and communities.”

Legal name: Alternatives
Licence confirmed: not confirmed yet
Established: 1979
LEI: 254900HXPUN0BQEZ4350
Website: www.alternatives.org/

Scores, 0 to 10

6.0United States

Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source

5.5Lowest fees

The account escapes its monthly charge only on a condition the bank sets, so the price depends on the balance a business keeps. It reads: “There is no additional cost or minimum deposit for checking, we offer an Alternatives VISA Debit Card, and no monthly service fees if you opt out of paper statements” · source

5.5Best interest on business balances

A credit union serves a defined membership in one area and does not sell international business banking. · source

4.0Cross-border payments, FX and multi-currency accounts

Its own business page names SWIFT, so payments can leave the country. The score stops at 4.0 because the page did not give the currencies the account holds or the margin on the exchange rate, and the rubric needs both to go higher. · source

4.0Fast digital onboarding

A credit union serves a defined membership in one area and does not sell international business banking. · source

4.0Financial strength & stability

Financial strength placed by total assets from the public register. · source

2.5Business cards (Visa, Mastercard)

A credit union serves a defined membership in one area and does not sell international business banking. · source

2.0Startups & VC-backed companies

A credit union serves a defined membership in one area and does not sell international business banking. · source

1.5Crypto-friendly bank

A credit union serves a defined membership in one area and does not sell international business banking. · source

1.5Fintech companies that need a partner bank

A credit union serves a defined membership in one area and does not sell international business banking. · source

1.5Online businesses: e-commerce and SaaS

A credit union serves a defined membership in one area and does not sell international business banking. · source

1.0Trade, manufacturing & import-export

A credit union serves a defined membership in one area and does not sell international business banking. · source

1.0Foreign-owned & non-resident companies

A credit union serves a defined membership in one area and does not sell international business banking. · source

1.0High-risk verticals (iGaming, cannabis, adult, forex)

A credit union serves a defined membership in one area and does not sell international business banking. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.