Altra Federal Credit Union

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Altra Federal Credit Union
205 N Chestnut St,
La Crescent, MN 55947
Phone: 507-895-3700 or 800-755-0055
Fax: 507-895-3703

History

1931 ~ Assets $179.00 • 33 members
State chartered as Trane Employees Credit Union,
sponsored by thirty-three Trane employees, including Rueben Trane

1959
Established first office owned by a Credit Union in Wisconsin

1960-1980
Expanded services to Trane locations in:
Lexington, KY • Salt Lake City, UT • Rushville, IN

1980s
Expanded services to Trane locations in:
Fort Smith, AR • Pueblo, CO • Trenton, NJ • Tyler, TX

1984
Federally chartered as Trane Federal Credit Union (TFCU)
Expanded services to first non-Trane employee group: Altec International Inc.

1985
Established TFCU office at Losey Blvd. South, La Crosse, WI
Added first TFCU ATM

1988
First Mortgage Loans become available

1990 ~ Assets $100 million • 26,000 members
Expanded services to SEGs- Select Employee Groups

1992
Established an office in Onalaska, WI

1995-1997
Added website www.tranefcu.org with Online Banking & Online Bill Pay

1998 ~ Assets $200 million • 36,000 members
Established an office in La Crescent, MN
Added 24-hour live loan applications, 24-hour call center

2000
Established an office in Winona, MN
Added Business Lending Department

2001
Expanded services to Trane location in Tiffin, OH

2002 ~ Assets $300 million
Expanded services to Trane location in Clarksville, TN
Established an Operations Center in Onalaska, WI

2003
Established an office in Central High School, La Crosse, WI

2004 ~ Assets $417 million • 46,000+ members
Relocated La Crescent office to N. Chestnut St., La Crescent, MN
Began construction on additional Clarksville, TN, office
Began major remodeling of the La Crosse, WI, office

2005
Changed the credit union name to Altra Federal Credit Union

Mission Statement

To meet our members' financial needs through diversified, competitively priced, economically sound services provided in a friendly, helpful manner.

Mortgages

Buying, building, or refinancing a home? Altra offers very competitive rates and a variety of programs and terms in Minnesota, Wisconsin, Iowa, Texas, Oklahoma, Arkansas, Louisiana, Tennessee, Kentucky, and Florida.

10 year Fixed Rate Mortgage

Refinances up to 80% of your owner-occupied primary residence or vacation home's value! This loan is available in all states, and the mortgage will be held and serviced by Altra. 80% Loan-to-value (LTV) includes optional cash out.