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About ALEC

Abbott Laboratories Employees Credit Union (ALEC) is a member-owned, not-for-profit financial institution organized to serve employees and retirees of Abbott and Hospira that have residency in the United States along with their immediate family members. 

Benefits of Membership

Members of ALEC belong to a financial institution that is unique in the financial world. Because ALEC members are also the credit union's owners, they are the ones who benefit financially when ALEC grows and prospers.

When you join ALEC, the money you deposit represents your share of ownership in the credit union. The money that you deposit is loaned to other members -- including your family members and co-workers-- to help them achieve their financial goals. Any income the credit union receives is returned to members in the form of lower loan rates, higher savings rates and new products and services.

At ALEC, we want to help you increase your savings, lower your borrowing costs and provide you with the best financial service possible. As an owner, you deserve the best.

Lifetime Membership for You and Your Family

Once you become a member of ALEC, you can remain a member even if you change jobs, move or retire. All you need to do is keep an active share (savings) account with us.