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ALEC logo — More than just banking.

ALEC

More than just banking.

Founded 1990 United States Gurnee, United States 84 employees Financial Services, Banking

General Information

Company Name ALEC
Founded Year 1990
Location United States Gurnee, United States
Employees 84
Industries Financial Services, Banking
Social

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About ALEC

ALEC is a credit union offering more than just traditional banking services. The company distinguishes itself by being owned by its members instead of private investment groups or public shareholders. As a not-for-profit financial cooperative, ALEC prioritizes the diverse financial needs of its members, focusing on returning the surplus money back to the members in the form of lower loan rates, higher savings rates, reduced fees, and improved services. Founded in 1990, ALEC's core philosophy revolves around placing people above profits, emphasizing exceptional value, honesty, and sincerity in its services. With a clear dedication to helping members succeed financially and providing transparent financial knowledge, ALEC aims to earn trust through unsurpassed personal service every day. The company operates primarily in the Financial Services and Banking industries, demonstrating a commitment to its members' financial well-being and success.

Business keywords: Credit Union, Auto Loans, Mortgage Loans, Investments, Not-For-Profit, Member-Owned, Financial Co-operative, Savings, Loan Rates, Personal Service

No funding data available for ALEC yet.

ALEC Alternatives & Competitors

View All Alternatives
ALEC vs
MidSouth Community Federal Credit Union
MidSouth Community Federal Credit Union United States

Helping people afford life since 1936.

39 employees
Finance, Financial Services
ALEC vs
CAMPUS USA Credit Union
CAMPUS USA Credit Union United States

Better Than Your Bank

238 employees
Financial Services, Banking
ALEC vs
Centra Credit Union
Centra Credit Union United States

Centered around you.

351 employees
Finance, Financial Services
View all alternatives

FAQ About ALEC

More than just banking.
ALEC was founded in 1990.
ALEC is headquartered in Gurnee, United States.
ALEC operates in Financial Services and Banking. Its work centres on Credit Union, Auto Loans, Mortgage Loans and Investments.
ALEC has approximately 84 employees.
Top alternatives and competitors to ALEC include MidSouth Community Federal Credit Union, CAMPUS USA Credit Union, Centra Credit Union, Assemblies of God Credit Union, Patriot Federal Credit Union. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ALEC and MidSouth Community Federal Credit Union are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for ALEC, https://bouncewatch.com/company/alec-1, updated 8 January 2025. When citing, please name BounceWatch and link this page.

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