ALEC Promotional Rates
driven to do more.
Auto loans with low rates and better pricing on auto loan protection.
When it comes to purchasing a vehicle, ALEC is here to help you make all the right turns to get the best financing option. Whether you’re purchasing new or used or looking to refinance, we have what you need. Rates as low as 5.49% APR* for 36 months.
- Up to 115% financing of the value of new and used autos
- Fast approvals when you apply online
- Up to 0.50% discount off our current rates1
- Flexible terms up to 84 months
- No prepayment penalty
Savings amounts based on comparisons to ALEC’s Certificate rates as of February 1st, 2024, and monthly rate data reported to the FDIC as of February 20th, 2024. We cannot and do not guarantee their applicability in regard to your individual circumstances.
variable rate certificates
ALEC Variable Rate Certificates offer highly competitive rates, currently at 5.43% 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
Explore more great rates and products!
Borrow what you need, when you need it, using your home’s equity to establish a flexible line of credit.