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Money Market

Earn a higher rate while enjoying outstanding flexibility. 

An ALEC Money Market is designed to provide a better rate of return than a regular savings account, without sacrificing liquidity or security. 

Rates are tiered, with higher balances earning a higher APY.* Check out our current competitive rates

Features of an ALEC Money Market Account:

  • $2,000 minimum opening balance
  • Free checks for the life of the account
  • Up to six withdrawals or transfers per month, including up to three withdrawals by checks
  • Unlimited monthly withdrawals if made in person at an ALEC Service Center
  • Minimum withdrawal amount is $100

Your money is safe.

Rest assured, all ALEC accounts come with the security and peace of mind of insurance. Each account is insured up to $250,000 by American Share Insurance (ASI), the nation's largest private deposit insurer. No credit union member has ever lost a penny in an ASI-insured account.

Start today, earn more tomorrow.

ALEC makes it easy to open an account. Or you can visit an ALEC Service Center. Or call 800.762.9988. 

Click here to view our current rates.


Account Type Minimum to Earn APY Nominal Rate APY*
Money Market
$100,000 and over 0.349% 0.35%

$50,000 - $99,999.99 0.299% 0.30%

$25,000 - $49,999.99 0.249% 0.25%

$2,000.00 - $24,999.99 0.200% 0.20%

*The Annual Percentage Yield 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. Rates subject to change monthly. $2,000 minimum balance to open account.


* 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. Rates subject to change monthly.