Early Payday gives Alliant Credit Union members access to their paychecks a few days in advance, helping them meet changing financial needs.
Alliant Credit Union, a member-owned financial cooperative offering a range of digital banking services in the USA, has introduced a new Early Payday feature, which provides members with access to eligible direct deposit funds up to two days early.
The new payment option is available to Alliant members with direct deposit or Social Security payments linked to their Alliant checking and savings accounts. This feature is automatic. Therefore, the credit union members do not need to go through an additional sign-up process or pay extra fees, getting their money faster in a hassle-free way.
The financial institution has been developing the given solution since mid-2024. Early Payday allows you to get your paycheck before the regular set date due to the fact that employers send payroll information to banks a few days in advance. Relevant files contain details of who should be paid what amount on what day. Instead of waiting for the scheduled payday, banks that offer early direct deposit features release the funds as soon as they receive this information. The timing depends on when your employer submits the payroll details, not the bank itself. Without such an option, employed workers often have to resort to payday loans to cover some urgent expenses.
For the last few years, consumer stress has increased along with the share of cardholders making only minimum payments on their credit card bills, which stands at a 12-year high record level in 2025. With Early Payday, Alliant Credit Union reinforces its commitment to prioritizing members’ interests. With the cost of living on the rise, getting paid early can help members cover emergency expenses without credit costs, pay bills on time, and better manage their budgets. As the feature is automatic, it adds extra convenience without additional effort, showing Alliant’s dedication to quality customer experience.
“At Alliant, we prioritize our members’ financial well-being, and Early Payday is another way we deliver on that promise,” said Ken Schaafsma, CEO of Alliant Credit Union. “Adding Early Payday allows our members to improve their cash flow and budgeting, having access to their hard-earned money earlier, adding to their financial wellness and giving them peace of mind as they plan for the future.”
Alliant Credit Union, headquartered in Chicago, Illinois, is a trusted financial institution, founded in 1935 as the United Airlines Employees’ Credit Union. For the 90 years of operations, it has grown to serve over 900,000 members and manage assets totalling around $19 billion. Today, Alliant is a fully digital credit union. It operates without physical branches, providing members with online and mobile banking solutions. The organisation offers high-rate savings and checking accounts, credit cards, personal loans, and investment options. Alliant members also benefit from additional features like free credit scores, card fraud alerts, and secure messaging with the member care centre.
