About
There’s a big difference between simply having a financial institution — and joining a financial institution that truly cares about you.
As a credit union, we exist solely to serve the diverse financial needs of our members — people like you. In fact, ALEC is owned by the very individuals it serves — not private investment groups or public shareholders.
That’s an important distinction from many other financial institutions. As a not-for-profit financial co-operative, after paying our credit union’s expenses and setting aside its mandated reserves, we return the money that’s left over right back to ALEC members.
HSA Program Features
- FDIC or NCUA Insured:
- check
- Min Balance to Open:
- $0.00
- Features:
-
- Debit Card
- Checks
- Online Banking
- Investment Options
HSA Interest Rates
| $0.00+ | 1.00% APY |
|---|
Fees
| Monthly Maintenance Fee | $0.00 |
|---|---|
| Account Opening Fee | $0.00 |
| Account Closing Fee | Unknown |
HSA Investment Options
Mutual Fund Platform:
check_box
Self-Directed Brokerage:
close
CDs:
check_box
Other:
close
Mutual Fund Details
Investment Fee: 0.50% annual fee charged by myHSAinvestments
Self-directed investment options for HSAs available through myHSAinvestments.
CDs Details
Click here to learn more about the certificate of deposits available for health savings accounts at ALEC.Contact Information
General Information
| Website | ALEC's HSA Website open_in_new |
|---|---|
| Address | 325 Tri-State Parkway Gurnee, IL 60031-5280 |
Customer Service
| Mailing Address | ALEC 325 Tri-State Parkway Gurnee, IL 60031-5280 |
|---|---|
| Phone Number | 800-762-9988 |