BBB Accredited Business Profile

ALEC

(847) 688-8000

ALEC

29 years in business
401 N Riverside Dr STE 1A
Gurnee, IL 60031-5906
Fax Numbers
  • (847) 599-0056
Additional Phone Numbers
  • (800) 762-9988
Additional Email Addresses
  • bvanschaak@alecu.org
BBB File Opened: 12/28/2006
Business Started: 01/01/1988
Business Started Locally: 01/01/1988
Business Management
  • Ms. Jennifer Pestikas, VP Marketing and HR
  • Mr. Joseph Trosclair, President and CEO
  • Mr. Bruce Van Schaack, Vice President
Business Category
  • Credit Unions
  • NAICS: Credit Unions

Service Area
NORTH SUBURBS (LAKE & NORTHERN COOK)
Alternate Business Names
  • Abbott Laboratories Employees Credit Union
Licensing, Bonding or Registration
This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
BBB accredited business

A+

Overview

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. 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. That giveback takes the form of lower rates on loans, higher rates on savings, reduced or eliminated fees, and more and better services. Those savings can add up to a significant sum every week, every month, every year. 

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BBB Reason for Ratings

BBB rating is based on 13 factors: Get the details about the factors considered.

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Th: 9:00 AM-5:00 PM
F: 9:00 AM-5:00 PM
S: 9:00 AM-12:00 PM

Licensing information is provided in the BBB Business Profiles to inform the public about industries that may require professional licensing, bonding, or registration. Better Business Bureau encourages you to check with the appropriate agency to be certain any requirements are currently being met.
BBB promotes truth in advertising by contacting advertisers whose claims conflict with the BBB Code of Advertising. These claims come to our attention from our internal review of advertising, consumer complaints and competitor challenges. BBB asks advertisers to substantiate their claims, change ads to make offers more clear to consumers, and remove misleading or deceptive statements.
BBB reports on known significant government actions involving the business's marketplace conduct.
BBB reports on a company that is out of business for three years from the date the company closes its doors or ceases to do business.
BBB reports on unauthorized use of the Better Business Bureau's name and/or logo for as long as the business continues to use it in any advertising, or for one year after the business ceases any repeated unauthorized uses.
BBB reports on a business’s bankruptcy as long as the business remains in bankruptcy.
BBB reports when mail sent to the business was returned by the Postal Service.

ALEC

ALEC

BBB ACCREDITATION SINCE 04/28/2017

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