young couple with dad holding a baby; Checking Accounts

Not all people - or checking accounts - were created equal. ALEC gives you a choice of checking that fits your lifestyle and best suits your needs. Choose the checking account that’s right for you!


Rewards Checking

For those who want a checking account that pays dividends on your daily balance and also offers you special benefits.

Open an Account

Open an Account

Free Checking

For those who want the convenience of a checking account without paying fees, we have ALEC Free Checking.

Open an Account

Open an Account


Compare Checking Accounts


Features Rewards Checking Free Checking
Earns a Dividend X
Free Non-ALEC ATM Transactions* 10 6
Free Checks** 1 box per year Initial box
Free Personalized Debit Cards^ Optional with a fee
Certificate Bonus ## Up to 0.05% APY*** X
Opening Amount $50 $0
Direct Deposit $500 Monthly Not required
E-Statements
Debit Signature Transactions or Visa® Credit Card Transactions per Month 15 debit or combined 5 with qualifying loan Not required
Monthly Fee $5 if requirements above are not met $0

Open a Rewards Account Open a Free Account



Have any questions? Contact Us.


Visit an ALEC Service Center or call us 24/7 at 800.762.9988.

* There will be a fee for each transaction over the amount noted. See ALEC's Fee Schedule. Please note there may be a fee assessed by the ATM owner, if it is not part of ALEC’s surcharge-free network.

** Free checks limited to the ALEC check design.

*** The Annual Percentage Yield (APY) is the rate that is earned if the funds are left to compound for one year. All dividends are paid monthly based on the daily average balance.

^ Rewards Checking account members are eligible for up to 2 free initial custom designs per account (e.g. primary and joint owner of checking account). For additional image charges and costs to Free Checking account holders, please refer to ALEC's Fee Schedule. Renewals will be at no charge, unless a new image is uploaded. This is an optional service.

## Certificate bonus varies depending on the term of the certificate; only applies at certificate opening, excludes renewals, excludes IRA & HSA certificates and cannot be combined with any other promotional offers.

By members' choice, your deposits are insured by American Share Insurance up to $250,000 per account. This institution is not federally insured.