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Member Savings

Member Savings

How much can you save with ALEC?
ALEC members typically enjoy a savings of up to $81 per member or $153 per member household*.


With our continued focus on our members and their financial well-being, we think it's important to offer higher yields on savings, lower rates on loans and lower and fewer fees along with excellent service. We also take pride in getting to know you and your personal financial growth. In doing so, we can help you save money today for a better tomorrow.

We welcome you to contact us 24/7 at 800.762.9988 or to stop by any ALEC Service Center to see how we can help you save money. Whether you are transferring high-rate balances from a bank or retail credit card, refinancing your home or purchasing a new or used vehicle with a competitive rate let us help you save.

In addition, we offer very competitive rates on our Certificates and other deposit products to assist you in saving for a rainy day. Visit our rates page to learn more.

If you would like to instantly calculate your potential loan savings with ALEC, please use the Loan Saver calculator in the Your Savings tab on this page. Simply enter your current loan amount and interest rate on your loan. The calculator will compare your current loan rate with a third-party financial institution to ALEC's loan rates to see if we can save you money.

If you have any questions or would like to sit down with one of our Member Service Representatives to assist you with this process, please contact us at 800.762.9988 or stop by any ALEC Service Center.


*According to CUNA, the Credit Union National Association, Illinois Membership Benefits estimates that Illinois credit unions provided over $240,150,000 in direct financial benefits, which are equivalent to $81 per member or $153 per member household of savings.