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Accelerator Certificate

Accelerator


Enjoy higher rates every six months.

Your savings can earn more money for the next 24 months - guaranteed.

 
Rates increase every six months. Our Accelerator Certificate steps up to the next guaranteed higher rate to earn:
 
  • 1.00% APY - 1st 6 months
  • 2.00% APY - 2nd 6 months
  • 3.00% APY - 3rd 6 months
  • 6.00% APY - 4th 6 months
  • Blended 3.00% APY
The ALEC Accelerator Certificate features:
 
  • Just $500 minimum to open
  • Ability to withdraw funds penalty-free at each step-up interval, within a 10-day window**
  • Availability as a regular savings certificate, or Traditional, ROTH or Coverdell (Education) IRA
Members look forward to our ALEC Accelerator Certificate each year. But hurry! the ALEC Accelerator Certificate is available for a limited time from December 1, 2018 through March 30, 2019.
 
To apply, visit any ALEC Service Center or call 800.762.9988. Hurry to start accelerating your savings. 
 
 
**Members have the ability to withdraw funds penalty-free at each step-up interval, within a 10-day window penalty. The penalty for early withdrawal outside the three periods will equal forfeiture of 180 days dividend on the withdrawn amount.