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.
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