<\/noscript>
Skip navigation and go to page content

ALEC Promotional Rates

fall into a new ride with a
great rate.

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 for 36 months
  • 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 rates1
  • 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.
1Advertised rate valid on 36-month New Auto Loans applied for beginning November 1st and closed by November 30th, 2025. 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.
Apply Today
November 1 - December 31

Win $500* just by using your ALEC Visa credit card!

Your ALEC Visa card can make your holiday season brighter and even win you $500. With every transaction you make in-store or online from November 1 – December 31, you are automatically entered to win.

Four (4) lucky winners will be announced in January 2026.

Not a cardholder yet? Apply today online by clicking the button below, give us a call at 800.762.9988, or stop by any ALEC Branch. We’ll make this holiday season even more rewarding!

* No purchase necessary to enter or win. Purchase does not increase your chances of winning. All new and existing cardholders who make a purchase transaction using their eligible ALEC Visa Credit Card during the promotional period will automatically receive one (1) entry into the Sweepstakes for every purchase. To enter without making a purchase, mail a postcard including your name, complete address, email address, and phone number to: ALEC Holiday Sweepstakes, 325 Tri-State Parkway, Gurnee, IL 60031. All entries must be postmarked by December 31, 2025, and received by January 6, 2026. Prizes: Four (4) $500 cash deposits into an ALEC savings account. ARV $500 each. Any tax consequences are responsibility of the winner and a 1099_MISC will be provided. Winners will be selected in a random drawing on or around January 16, 2026 and will be notified via email and/or phone. Directors, employees and their immediate family are prohibited from winning. Click here for complete disclosure and Sweepstakes rules.
apply online
new member incentive

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.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.

* 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. 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 – December 31st, 2025.
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.
Apply today

variable rate certificates

ALEC Variable Rate Certificates offer highly competitive rates, currently at  4.35% APY** and vary on a monthly basis with the 13-week U.S. Treasury Bill (Index + 0.15%).1 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 monthly1
  • Automatically reinvested dividends for maximum compounding

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

** APY = 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.
1. 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 June 30th, the rate is 4.195%. The rate floor is 0% APY.

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 Branch

Call 800.762.9988