# AlumniFi Credit Union: A Review
AlumniFi Credit Union is an online banking platform that caters specifically to college and university graduates. Offering digital checking and savings accounts, along with access to financial tools like the Changed app for student loan repayment, AlumniFi aims to provide a robust financial experience for its members.
## What Does AlumniFi Credit Union Offer?
AlumniFi Credit Union provides a digital checking and savings account with features such as earning up to 5.00% APY on savings, no monthly maintenance fees, access to fee-free ATMs, and NCUA insurance on deposits. Additionally, members can access self-paced financial education lessons to enhance their financial knowledge.
## FAQ
### What Is AlumniFi Credit Union?
AlumniFi Credit Union is an online banking platform of Michigan State University Federal Credit Union, offering digital checking and savings accounts for college and university graduates.
### How Do I Open An Account?
To open an account with AlumniFi Credit Union, select the “Get Started” button on their website, provide your Social Security number and valid ID, choose the account type, and fund your account.
### Is It Safe And Secure?
AlumniFi Credit Union is a division of Michigan State University Federal Credit Union, ensuring deposits up to $250,000 are insured by NCUA. The credit union uses bank-level security protocols for online and mobile banking.
## Conclusion
In conclusion, AlumniFi Credit Union provides a competitive banking experience tailored for college and university graduates. With high-yield savings accounts, free access to financial tools, and educational resources, it offers a comprehensive solution for managing finances post-graduation. However, for those seeking a broader product lineup or not meeting the membership criteria, other online banks like Ally or Acorns may be more suitable.
For eligible members looking to save money, repay student loans, and access convenient banking features, AlumniFi Credit Union is a worthwhile option to consider.
[Check out AlumniFi here >>](https://alumnifi.org/)
Remember, it’s essential to compare your banking options to find the best fit for your financial needs and goals.