Abbott Laboratories Employees Credit Union

At ALEC, we're more than just a financial institution - we're a credit union that exists solely to serve the diverse financial needs of our members. As a not-for-profit financial cooperative, we're owned by the very individuals we serve, not private investment groups or public shareholders. This means that after paying our credit union's expenses and setting aside our mandated reserves, we return the money that's left over right back to our members.

Our Mission

Our mission is to provide our members with personalized financial solutions, competitive rates, and exceptional customer service. We're committed to helping our members achieve their financial goals, whether that's buying a new home, investing in their future, or simply managing their everyday finances. With a range of financial products and services designed to meet the unique needs of our members, we strive to be the financial partner of choice for individuals, families, and businesses alike.

Our Services

As a full-service credit union, we offer a wide range of financial products and services, including:

• Home Equity Line of Credit: With rates as low as 4.99% Introductory fixed APR* and 8.50% Variable APR**, our Home Equity Line of Credit can help you tap into the equity in your home to fund your next big project.
• Recreational Vehicle Loans: Get ready to hit the open road with our Recreational Vehicle Loans, offering rates as low as 5.99% APR* up to 36 months.
• Personal Checking and Savings Accounts: Our Personal Checking and Savings Accounts are designed to help you manage your everyday finances with ease, with features like mobile banking, online banking, and access to over 30,000 ATMs near you.
• Mortgages: Whether you're buying a new home or refinancing your existing one, our mortgage team is here to help you find the loan that best aligns with your finances, life goals, and future plans.
• Credit Cards: Our Visa Credit Cards offer competitive rates, rewards, and benefits, making it easy to manage your expenses and earn rewards on your purchases.
• Investments: With our range of investment products, including Certificates and IRAs, you can earn a better rate of return on your savings and plan for your future.

Why Choose ALEC?

At ALEC, we're dedicated to serving our members, not making a profit. This means that we're able to offer more competitive rates, lower fees, and personalized service that's tailored to your unique needs. Plus, as a member-owned credit union, you'll have a say in how our organization is run and be eligible for exclusive benefits and rewards.

Join the ALEC Family

If you're looking for a financial partner that truly cares about your financial well-being, join the ALEC family today. With a lifetime of benefits, personalized service, and a commitment to serving our members, we're the perfect choice for individuals, families, and businesses looking for a better way to bank.