7/27/2019 Twenty4ever June2013

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Interested in getting the inside scoop about a career

or company youre interested in? Want to connect

with people who are already working in your field

of interest? Then consider the information interview.

Its a way to job hunt actually asking

people for a job. Instead, you ask for insight,advice and referrals.

Bottom line though, information interviewing is

an effective job hunting tool. While one out of

200 resumes some put the number as high as

1,500 resumes results in a job offer, one of 12

informational interviews results in a job offer,

according to Katharine Hansen, author of A

Foot in the Door: Networking Your Way into

the Hidden Job Market.

Do you feel

anxious or shyabout asking

for an

interview?

Relax.

Keep

in mind

that many

people love

to feel like an

expert, enjoy talking

about their work and

welcome the chanceto help young people start a career.

Here are the basics:

1.Select a person in a career or company that

interests you. Do an Internet search on

LinkedIn and other sites to learn about the

person and company.

2.Ask for a 20-minute information interview.

Ask to take the person out for coffee. Better

still, ask to have your discussion take place at

the persons office so you can scope out the

work environment.

3.Write down questions youd like to ask, such

as:

How did you get into this profession?

Whats a typical day like at work? Whats th

company culture?

What do you like best and what do you

dislike the most about the work?

What skills or training are important for

people to thrive here?

What advice do you have for me in terms

of getting into this line of work?

Will you suggest other people I might see for

additional information interviews? And mayI use your name as a contact?

4.Act and dress professionally. Smile, be

personable and enjoy the conversation.

5. Bring your resume in case youre asked for

it. Remember, its an information interview

so its a no-no to ask about job vacancies a

the company. But be open to discuss them

your interviewee brings up the topic.

6. Send a thank-you note the next day and

periodically keep the interviewee in the loo

on your job hunting progress.

To develop your pitch for an information interview

consider a basic format suggested by Katharine

Hansen: Hi, my name is ___________. I will be

graduating/I just graduated from _________ with

a degree in __________. Im looking to ________.

I recently _______. Can I take you out for a coffee

sometime to elicit your advice?

contents

Information interviewing 101

What makes credit unionsbetter for youthan banks?

Alliant answers the call forcommunity service

Information interviewing 101

ww.alliantcreditunion.org a newsletter for Alliant Credit Union young adult members June 20

twenty4ever

Sources: nwmissouri.edu, forbes.com, travisafrc.com and lardbucket.org

DIVIDEND

June Savings Dividend

DECLARED MAY 23, 2013

The June 2013 Savingsand IRA dividend, declared05/23/13, provides a Compounded

Annual Percentage Yield of

0.70%APY

Dividends are paid on the

ast day of the month to

accountholders who have

maintained an average daily

balance of $100 or more.

Savings dividend is subject to

change monthly.

June Checking Dividend

DECLARED MAY 23, 2013

The June 2013 High RateChecking dividend, declared05/23/13, provides a Compounded

Annual Percentage Yield of

0.65%APYChecking dividends are paid on

the last day of each month to

accountholders who meet the

requirements of the account.

Checking dividend is subject to

change monthly.

7/27/2019 Twenty4ever June2013

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What makes credit unionsbetter for than banks?You and 96 million Americans (including 277,000 Alliant members) can enjoygreat rates on savings and loans because you belong to a credit union, a not-for-profit financial institution organized to help members achieve and maintaintheir financial well-being.

People sometimes wonder how credit unions like ours can offer such greatrates and they think, There must be a catch! But theres no financial sleightof hand involved. Whats involved is the basic difference in mission andoperation between a bank and a credit union.

A bank is a for-profit business owned by shareholder investors. A measure of abanks success is how much profit it makes from its customers and distributesto its shareholders. To maximize profits, banks pay lower rates on deposits,charge higher rates on loans and assess more and higher fees. Credit unionsoperate on a totally different principle. For one thing, when you join a creditunion, youre not a customer youre a member and an owner. Credit unionsare not-for-profit cooperatives owned and operated for the benefit of members,

such as you. In a credit union, all incomeafter expenses is distributed to its mem-bers (with a portion maintained in capitalreserves to preserve the institutions safety

and soundness). In fact, a credit unionsmission is to maximize the returns to itsmembers through high savings dividends,low loan rates and low fees. In short,while banks make money theircustomers, credit unions (such as Alliant)make money their members.

Although credit unions pay payroll taxes, sales taxes and property taxes, theyhave been exempted from federal incomes taxes since 1937. This exemption isa result of our cooperative, not-for-profit model and enables credit unions tomaintain the economic wherewithal they need to providefinancial advantages for members. But will this exemptionsurvive given todays tax-reform-minded Congress and allthat has been going on in the financial services industry

in the last several years? If you want to learn more aboutthe credit union tax exemption and help preserve it, thenvisit DontTaxMyCreditUnion.org. Its a website createdby the Credit Union National Association, where you canwatch an educational video and take action to email yourmembers of Congress.

Meanwhile, at Alliant, members like you are our first priority, and yourinterests serve as our North Star in guiding our decisions.

2 dont let them tax Alliant

ffice closings

iant will be closed in observance

the following holidays:

dependence DayThursday, July 4, 2013

bor DayMonday, September 2, 2013

onvenient 24/7/365 accountccessOnline banking at

www.alliantcreditunion.org

Mobile banking app for

Android, iPhone and iPad

Member Contact Center at

800-328-1935

Self Service Telephone at

800-482-5328

Over 80,000 surcharge-free

ATMs nationwide

liant Headquarters545 W. Touhy Avenue

hicago, IL 60666

Alliant Member Contact Center800-328-1935

24/7 personal assistancetdd/tty 773-462-2300

Self Service Telephone (SST)800-482-532824/7 automated account access

VISA Debit Card800-328-1935

VISA Credit Cards24/7 Member Service/Account Info/Lost or Stolen:866-444-8529

VISA Gift CardPurchase: 800-328-1935Support Center: 866-466-2362

Mortgage Hotline800-328-1935, option 5, option 1

MonFri, 8am5pm CT

Auto/Home Insurance888-380-9287MonFri, 6am10pm CTSat, 6am8pm CT

GreenPath Debt Solutions877-337-3399MonThu, 7am9pm CTFri, 7am6pm CTSat, 8am5pm CT

Alliant Retirement andInvestment ServicesFinancial consultants are availableto serve members in all states.

Call 800-328-1935, option 9.

Deposits/PaymentsPO Box 2387

Des Plaines, IL 60017-2387

Credit Card PaymentsPO Box 1666Des Plaines, IL 60017-1666

All Other Correspondenceincluding IRA and HSA depositsAttn: IRA/HSA Dept.PO Box 66945Chicago, IL 60666-0945

This newsletter is for members personal use only.Reproducing and/or selling the contents of thisnewsletter without prior written permission fromAlliant Credit Union is prohibited. Copyright Alliant.Articles are prepared as an educational service forAlliant members. They should not be relied on as asubstitute for individual financial or legal research.Articles in this newsletter are not intended to be used(and may not be relied on) for penalty avoidance.

For Alliant Branch locations,

Alliant Online Banking, and

product and service information,

visit our web site:

www.alliantcreditunion.org

dial direct: Alliant is there when you need us

PO Box 66945, Chicago, IL 60666-0945

www.alliantcreditunion.o

NEW2

Alliant answers the call forcommunity serviceIn 2004, Alliant formalized its commitment to community service and charitablecauses by establishing its Civic Affairs Committee, consisting of more than 20employees. Active year-round, Civic Affairs recently sponsored Alliants 6thAnnual Spring Fling Clothing Drive and the ongoing coordination of financialliterary courses taught in Chicago area schools by Alliant volunteer teachers.

Helping students make the grade in financialliteracy. Jill Okolita, Alliants human capitalinformation systems manager, teaches 8th grad-ers about how to manage checking and savingsaccounts. Jill is one of 40 Alliant employeeswho volunteer to teach a series of four one-hourclasses to middle school students. The curriculumis called Banking on our Future and was developedby Operation HOPE, a national organization thathelps people succeed through financial literacyand economic empowerment. The class picturedhere took place on May 1, 2013, at AlgonquinMiddle School in Des Plaines, IL. A special guest,Congresswoman Jan Schakowsky (D-IL), alsovisited to share her support for the program.

How many bags do you think it takes to hold all the thousands of gentused clothing that Alliant employees contributed to this years SpringFling Clothing Drive?One hundred and fifty bags, according to Store ManageMichael Pierce, who accepted the donation at the Goodwill Store and DonaCenter in Des Plaines, IL, on May 1, 2013. The sales of donations to Goodwihelp fund job training programs, employment placement services and othercommunity-based programs for people who have disabilities, lack educationor job experience, or face employment challenges. (Left to right) AlliantTechnical Implementation Manager Terry Hagio, Alliant President and CEODavid Mooney, Alliant Member Benefits Team Leader Danielle Snowden anGoodwill Store Manager Michael Pierce. (Terry and Danielle are Alliant CiviAffairs Committee members who coordinated the clothing drive.)

Sources: creditunionmagazine.com, donttaxmycreditunion.org and time.com