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 The penalty for early withdrawal outside the three periods will equal forfeiture of 180 days dividend on the withdrawn amount.