ALEC Promotional Rates

home equity line of credit

Finance your dreams with a HELOC from ALEC.

A HELOC is an easy and affordable way to finance whatever plans you’ve made. Set up your HELOC today and have a flexible financing option to borrow cash against the equity in your home. Use it to pay for almost anything – the possibilities are endless.

Upgrade, remodel, repair and add-on to your home
Take that long-awaited dream vacation
Fund major life events like a wedding or college tuition
Consolidate and pay off high interest debt

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

* APR = Annual Percentage Rate. The 4.99% introductory fixed APR is for the first 12 months for home equity lines of credit up to $2,000,000 at 80% combined loan-to-value. Members modifying, increasing or refinancing existing ALEC home equity lines of credit are not eligible for the introductory rate.

** After the introductory period, the APR will be variable based upon The Wall Street Journal Prime Rate, which was 6.75% as of March 31st, 2026. Your APR will be based on several factors, including your credit history, loan-to-value ratio and lien status. Not all applicants will qualify for our lowest rates. Your rate will never be less than 4.00% or greater than 18%. Rates can change daily. All loans subject to credit approval. Home Equity Loans/Lines are available in Illinois, Ohio, Wisconsin, and Minnesota only and limited to owner occupied properties. Minnesota applicants are responsible for a mortgage registration tax. Applicant will be responsible for closing costs up to $500 for fees that include appraisal, title insurance and recording fees. For loans that have a closing cost of less than $500, the applicant will pay the amount of the costs. For loans that have a closing cost of more than $500, the applicant will pay $500. Property insurance is required. A $5,000 minimum initial draw is required.

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incredible auto loan rates for your next adventure

Trust ALEC to lend a hand and make the process of obtaining a new car loan as easy possible. Limit the hassle of going to a dealership and arrive prepared with an auto loan that features flexible terms, competitive interest rates, and rapid approval.

ALEC Auto Loans feature:

Rates as low as 3.99% APR* on new autos up to 72 months and as low as 4.74% APR* on used autos up to 72 months¹
Great rates on other terms
Better than dealer pricing on auto loan protection products
Fast approvals when you apply online
Up to 0.50% discount off our current rates²
Easy payment methods and no prepayment penalty

Apply online or through the ALEC Mobile app. You can also visit an ALEC Branch 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.
1. Advertised rate valid on New Auto Loans up to 72 months and Used Auto Loans up to 72 months opened beginning April 1st and closed by May 31st.
2. 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 financial up to 125% MSRP for qualified borrowers.

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new member incentive

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.^1,2
24/7 member service.
30,000+ surcharge-free ATMs nationwide.³
0% introductory APR^* on any ALEC Visa Card

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

1. 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.

2. Limit one incentive per first-time member. Offer valid on new memberships opened between January 1st, 2026 – August 31st, 2026.

3. Requirements: Up to $10 in ATM fees may be refunded if the following conditions are met and a $5 monthly fee will be charged if the following conditions are not met: Total direct deposit of $500 or more deposited into their Rewards Checking account during a calendar month, enrollment in e-statements, and either 15 signature-based ALEC debit card transactions posted and settled during a calendar month, or have a combination of 5 signature-based ALEC debit card transactions or ALEC credit card transactions posted and settled during a calendar month, and an open and active qualifying ALEC loan or credit card in good standing. Any credit union loan or credit card that is not in good standing or delinquent will not meet one of these checking requirements. Limit one ALEC Rewards Checking per member.

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