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ALEC Promotional Rates

Personal Loans

picture the possibilities.

Get there faster with an ALEC Personal Loan.

Whatever your plans, a personal loan from ALEC is a great option for the cash you need. Maybe you would like to take the vacation of a lifetime, finance your dream wedding, start some home improvements or need help with unexpected expenses. Whatever it may be, a special rate personal loan from ALEC is the answer.

  • Rates starting as low as 6.99% APR*
  • Loan amounts up to $100,000
  • Flexible terms for affordable monthly payments
  • No collateral required

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. Advertised APR is based on excellent credit history, for a term of 36 months. All loans subject to credit approval. Disclosed rates include 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 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-Statement. Refinance of existing ALEC loans excluded. Offer ends October 31, 2024.
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new and used auto loans

great rates that work for you.

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

ALEC Auto Loans feature:
  • Great competitive rates on new and used cars and trucks
  • Up to 115% financing of the value of new and used 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.

All loans subject to credit approval. Advertised rate valid on 36 month New or Used Auto loans applied for from August 1 – September 30, 2024.
1 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 September 1 – November 30, 2024.
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variable rate certificates

ALEC Variable Rate Certificates offer highly competitive rates, currently at 5.13% 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 August 31, 2024, the rate is 4.980%.

Explore more great rates and products!

Rates

Compare the most current rates on all the ALEC products.

Certificates

Earn a better rate of return with an ALEC Certificate of Deposit.

HELOC

Borrow what you need, when you need it, using your home’s equity to establish a flexible line of credit.

Auto Loans

Purchase a vehicle with flexible terms, fast approval, excellent service, and great low rates.

Have questions? We are here to help!

Contact Us Online

Visit a Service Center

Call 800.762.9988