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ALEC Promotional Rates

Enjoy fast and simple financing on new and used autos

great rates that will put you in the driver's seat.

Find the right vehicle loan, every time with ALEC. Flexible terms, competitive interest rates, and rapid approval. ALEC can help finance whatever your car goals are.

ALEC Auto Loans feature:
  • Rates as low as 4.49% APR*,1,2 on new autos up to 60 months and 4.74% APR*,1,2 on used autos up to 72 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 rates.3
  • 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. Your rate may be higher depending on your credit history, age of vehicle, term of your loan and services used. Maximum financing up to 125% MSRP for qualified borrowers.
2. Advertised rates valid on New Auto Loans up to 60 months and on Used Auto Loans up to 72 months applied for beginning beginning May 1st and closed by May 31st, 2025..
3. 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 do not 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. Discount not valid on credit cards, mortgage and home equity line of credit. Your rate may be higher depending on your credit history, age of vehicle, term of your loan and services used. Maximum financing up to 125% MSRP for qualified borrowers.
Apply Today
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.

  • $3001,2 in new member incentives.
  • 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 4.41% 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 monthly
  • 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 May 31st, 2025, the rate is 4.255%. 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