Banking in Allegany County has dramatically changed over the last few years. Major banks have attempted to consolidate the market, buying regional banks and closing branches. Not Alco, a federal credit union with four locations that are open to serve anyone who lives, works, worships in Allegany County.
Since 1953, this non-profit operation has been managed by its membership, currently almost 5700 strong. This structure allows Alco to provide the keys to happy banking: Fewer, lower fees and better interest rates.
Alco does business banking too!! The Wellsville Sun just opened an account with them and it could not have been easier. The online interface is very easy to use and the best part is all checking, personal or business, are FREE by maintaining a $5 balance!!!!
CEO Michael Miller urges all county residents, those who work in Allegany County, or worship in county to consider becoming a member of Alco. He and his staff are very accessible and urge anyone with questions or suggestions to call or email. Click here to contact your local Alco branch