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

ALEC Promotional Rates

visa® balance transfer

make a resolution to consolidate and save.

Looking for a simple way to save money?

Get a head start on savings for the new year by transferring your high interest balances to your ALEC Visa® credit card. There’s no balance transfer fee so your savings begin immediately.

  • Transfer your high-interest debt to a low 3.99% APR* ALEC Visa
  • Pay NO balance transfer fee
  • Enjoy this low rate for 12 months

To begin transferring your balances, stop by any ALEC Service Center or call us 24/7 at 800.762.9988.

*APR = Annual Percentage Rate. The promotional rate is valid on balance transfers made January 1, 2025 through February 28, 2025. Remaining promotional balances after the 12 month promotional period will revert to the following: for fixed cards, the standard fixed rate based on the cardholder’s creditworthiness at account opening; for variable rate cards, rates are determined by adding a margin to the Prime Rate. Prime Rate is “prime” as listed in the “Money Rates” section of The Wall Street Journal from the last business day of the previous quarter. Standard variable rate is between 12.70% and 18.70% APR. Promotional rate is not valid on accounts with a current introductory offer. Balances on current ALEC Visa cards or loans are not eligible to be transferred to a new ALEC Visa account and receive the promotional rate. All loans are subject to credit approval. Minimum balance transfer amount of $25.00.
our accelerator certificate is back

elevate your finances.

Line up a rate increase every six months.

We’re offering the 24-Month Accelerator Certificate as a savings certificate, HSA, or IRA – all with as little as a $500 deposit. 

The ALEC Accelerator Certificate is available for a limited time through March 31, 2025. Open yours today by stopping by any ALEC Service Center or by calling us at 800.762.9988.

*APY = Annual Percentage Yield. The blended APY is 4.44%. The APY is the rate that is earned if the funds are left to compound for 365 days. All dividends are paid monthly based on the average daily balance. Rates are subject to change monthly. This promotion may end or change at any time.
**The penalty for withdrawals outside the three window periods is a forfeiture of 180 days’ dividend on the withdrawn amount.
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
  • 24/7 member service
  • 30,000+ surcharge-free ATMs nationwide
  • 0% introductory APR^ on any ALEC Visa® Card

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

* 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.
^APR = Annual Percentage Rate. 0% APR on purchases is valid the first 12 months the account is open. Rate then reverts to assigned variable account rate. All credit cards subject to approval.
Limit one incentive per first-time member. Offer valid on new memberships opened between September 1 – January 31, 2025.
join online

variable rate certificates

ALEC Variable Rate Certificates offer highly competitive rates, currently at 4.39% APY* and vary on a monthly basis with the 13-week U.S. Treasury Bill (Index + 0.15%)**. 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 Service Center.

* The 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.
** 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 December 31, 2024, the rate is 4.240%.

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 Service Center

Call 800.762.9988