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ALEC Promotional Rates

new auto loans

auto loans made simple.

Looking for a great auto loan? Then you're in the right place. When it comes to purchasing a new vehicle, ALEC is here to help you make all the right turns to get the best financing option. 

ALEC New Auto loans feature:
  • Rates at 5.49% APR* on new autos up to 72 months
  • Up to 115% financing of the value of new autos
  • Better than dealer pricing on auto loan protection products
  • Fast approvals when you apply online
  • Up to 0.50% discount off our current rates1
  • Easy payment methods and no prepayment penalty 

Apply online or through the ALEC Mobile app. You can also visit an ALEC Service Center or call us 24/7 at 800.762.9988.


* APR = Annual Percentage Rate. All loans subject to credit approval. Advertised rate valid on 24 to 72 month New Auto loans applied for from June 1-June 30, 2024.
Disclosed rate includes ALEC’s 0.50% APR discount. ALEC members will automatically earn a 0.50% APR discount if they are new members applying for a loan within the first 60 days of membership OR if they are a returning ALEC loan member. Existing members that do not meet the above criteria earn 0.50% APR discount with a $500 monthly direct deposit into an ALEC Checking account and enrollment in E-Statements. Maximum financing up to 115% MSRP for qualified borrowers.
Your actual APR depends on credit history.

Up to $300 for new members.

As the credit union that exists exclusively for Abbott and AbbVie employees, ALEC is all about helping you improve your financial life. How? By ensuring you and your family make the most of your time and money with financial benefits and personalized service no bank can touch.

  • $300* in new member incentives
  • 24/7 member service
  • 30,000+ surcharge-free ATMs nationwide
  • 0% introductory APR^ on any ALEC Visa® Card

Become a member today. Contact us 24/7 at 800.762.9988, visit any ALEC Service Center, or click the apply button.


* To receive the incentive, open a new ALEC membership and a checking account, establish a $500 monthly direct deposit within 90 days of account opening and sign up for E-Statements. ALEC Rewards Checking account will receive $300. ALEC Free Checking will receive $50.
^APR = Annual Percentage Rate. 0% APR on purchases is valid the first 12 months the account is open. Rate then reverts to assigned variable account rate. All credit cards subject to approval.
Limit one incentive per first-time member. Offer valid on new memberships opened between April 1 – June 30, 2024.
Recreational Vehicle Loans

set out on a summer adventure.

Rev up your travel plans this summer with an ALEC RV Loan.

Whether you want a land-based RV, motorcycles and ATVS, or waterborne jet skis and boats, ALEC can shift your passions into high gear and help you live your adventures to the fullest. A recreational vehicle loan from ALEC offers you:

  • Rates as low as 5.99 APR* up to 36 months
  • Up to a 0.50% discount available to qualified buyers**
  • Flexible terms up to 84 months, with large purchases up to 240 months***
  • Up to 115% financing of the value of new and used recreation vehicles
  • No prepayment penalties and easy repayment methods

Apply online or through the ALEC Mobile app. You can also visit an ALEC Service Center or call us 24/7 at 800.762.9988.


* APR = Annual Percentage Rate. All loans subject to credit approval. Rates subject to credit history, term and other factors. Not all applicants will qualify for our lowest rates. Rates can change daily.
** ALEC members will automatically earn a 0.50% APR loan discount if they are a new member applying for a loan within
the first 60 days of membership OR if they are a returning ALEC loan member. Existing members that don’t meet the above criteria earn the 0.50% APR discount with a $500 monthly direct deposit into an ALEC Checking account and enrollment in E-Statements
*** Minimum loan balance of $25,000 for 84 month term, and includes new vehicle only. Extended loan terms require a minimum of $25,000 and have a maximum of $1,000,000.

variable rate certificates

ALEC Variable Rate Certificates offer highly competitive rates, currently at 5.41% APY* and vary on a monthly basis with the 13-week U.S. Treasury Bill (Index + 0.15%)**. Variable rate certificates can benefit from rising interest rates, even if there’s a chance that rates could also go down. But compared to traditional savings and money market accounts, ALEC Variable Rate Certificates typically offer a higher rate of return. 

ALEC Variable Rate Certificates feature:
  • $500 minimum to open the account
  • Available as a traditional certificate, IRA or HSA
  • Term of 24 months
  • Dividends tied to the U.S. Treasury Bill paid monthly
  • Automatically reinvested dividends for maximum compounding

Open a certificate today by calling us at 800.762.9988 or stop by any ALEC Service Center.


* 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. The nominal rate is the rate used to calculate the monthly dividend.
** The “Index” is the 13-week Treasury Bill rate posted in the Money rates section of the Wall Street Journal on the last business day of the previous month. As of May 31, 2024, the rate is 5.255%.