Step up your savings over 24 months - guaranteed.

With our step-up certificate, you can look forward to the next guaranteed higher rate every six months for 24 months.
Our Accelerator Certificate keeps rewarding you:
  • 1st 6 months - 1.00% APY*
  • 2nd 6 months - 1.25% APY*
  • 3rd 6 months - 1.50% APY*
  • 4th 6 months - 3.00% APY*
  • Blended 1.69% 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
But hurry! The ALEC Accelerator Certificate is available for a limited time from December 1, 2019 through March 31, 2020.
To open a certificate, visit any ALEC Service Center, call 800.762.9988, or visit We'll make it easy to line up rising rate on your money.
*APY = Annual Percentage Yield. Rates are subject to change monthly. **Penalty of early withdrawal outside the three window periods are subject to forfeiture of 180 days dividend on the withdrawn amount.