Account Features
An ALEC Money Market account 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.*
Earn a higher rate while enjoying outstanding flexibility.
An ALEC Money Market account 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.*
for the life of the account
amount is $100
or transfers per month, including withdrawals by checks
if made in person at an ALEC Service Center
$2,000 Minimum Balance
Minimum to Earn APY | $100,000 and over |
Nominal Rate | 1.785% |
APY* | 1.80% |
Minimum to Earn APY | $50,000 — $99,999.99 |
Nominal Rate | 1.588% |
APY* | 1.60% |
Minimum to Earn APY | $2,000 — $49,999.99 |
Nominal Rate | 1.490% |
APY* | 1.50% |
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.