Abbott Laboratories Employees Credit Union, known as ALEC, is a not-for-profit financial cooperative focused on serving its members rather than outside investors or shareholders. Its members own the credit union, and surplus funds remaining after expenses and required reserves are returned to members. ALEC offers a broad range of personal financial products, including checking and savings accounts, certificates, money market accounts, health savings accounts, IRAs, and credit cards.

Members can also explore personal, auto, and mortgage loans, with options such as adjustable-rate mortgages. ALEC provides wealth management services and promotes financial well-being through its products and resources. Online and mobile banking, a mobile app, branch access, and a network of more than 30,000 ATMs offer ways to manage finances and access services.

The credit union also highlights new-member incentives and special rates on selected products, subject to applicable terms and eligibility. ALEC is based in Gurnee, Illinois, and offers support online, by phone, and at its branches