ALEC exists exclusively to deliver financial benefits and services to improve the financial well-being of AbbVie employees, retirees and family members.
- Lower rates on loans
- Higher rates on savings
- 24/7 access to your accounts with the ALEC Mobile Banking app and Online Banking
- The ability to deposit checks remotely with Mobile Deposit
- 30,000 surcharge-free ATMs nationwide
Here’s how to qualify for up to $150 in new member incentives:
*To receive the bonus: Open a new ALEC membership and a checking account, establish a $500 monthly direct deposit to this account within 90 days of account opening and sign up for E-Statements. ALEC Rewards Checking account will receive $150, Free Checking will receive $50. Memberships will be reviewed after 90 days; at that time, the bonus of $150 or $50 will be credited if requirements are met. Bonus is considered interest and will be reported on IRS Form 1099-INT or Form 1042-S. Promotion is subject to change or termination at any time. Only one new member incentive per membership. Offer may not be combined with other new member incentives. Membership eligibility requirements must be met to join ALEC. Click here for additional requirements of Rewards Checking accounts.
**APR Annual Percentage Rate. All loans subject to credit approval. Rates subject to credit history, term, and other factors. Rates can change daily. Rate displayed includes a 0.50% APR rate discount. ALEC members will automatically earn a 0.50% APR loan discount if they are a new member applying for a loan within the first 60 days of membership OR if they are a returning ALEC loan member. Refinance of existing ALEC loans excluded. Existing members that don't meet the above criteria earn the 0.50% APR discount with a $500 monthly direct deposit into an ALEC Checking account and enrollment in E-Statements. Maximum term on a Single Pay Stock loan is 15 months. All other loans have terms up to 60 months.
^APR = Annual Percentage Rate. This offer applies only to new loans originated at ALEC. It is not available for refinances of existing ALEC auto loans.