Account Features
An ALEC Money Market account is designed to provide a better rate of return than a regular savings account, without sacrificing liquidity or security.
Rates are tiered, with higher balances earning a higher APY.*
Earn a higher rate while enjoying outstanding flexibility.
An ALEC Money Market account is designed to provide a better rate of return than a regular savings account, without sacrificing liquidity or security.
Rates are tiered, with higher balances earning a higher APY.*
for the life of the account
amount is $100
or transfers per month, including withdrawals by checks
if made in person at an ALEC Service Center
$2,000 Minimum Balance
Minimum to Earn APY | Nominal Rate | APY* |
---|---|---|
$100,000 and over | 1.391% | 1.40% |
$50,000 — $99,999.99 | 1.193% | 1.20% |
$2,000 — $49,999.99 | 1.094% | 1.10% |
Rest assured, all ALEC accounts come with the security and peace of mind of insurance. Each account is insured up to $250,000 by American Share Insurance (ASI), the nation's largest private deposit insurer. No credit union member has ever lost a penny in an ASI-insured account.