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Find a Location

ALEC has 1 locations, listed below.

*This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

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    • ALEC

      325 Tri State Pkwy Gurnee, IL 60031-5280

      BBB Accredited Business

    Business ProfileforALEC

    Credit Union
    BBB accredited business

    At-a-glance

    Customer Reviews

    1/5stars

    Average of 1 Customer Reviews

    Customer Complaints

    3 complaints closed in last 3 years

    1 complaints closed in last 12 months

    BBB Rating & Accreditation

    Accredited Since: 4/28/2017

    Years in Business: 34

    Customer Reviews are not used in the calculation of BBB Rating

    Overview of BBB Rating

    Overview

    As a credit union, we exist solely to serve the diverse financial needs of our members. 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.  Services include banking services, new & used car loans, mortgages, home equity loans, welth management. retirement planning, credit & debit card services and much more.

    Business Details

    Location of This Business
    325 Tri State Pkwy, Gurnee, IL 60031-5280
    BBB File Opened:
    12/28/2006
    Years in Business:
    34
    Business Started:
    3/13/1990
    Accredited Since:
    4/28/2017
    Alternate Business Name
    • Abbott Laboratories Employees Credit Union
    Hours of Operation

    Primary

    M:
    9:00 AM - 5:00 PM
    T:
    9:00 AM - 5:00 PM
    W:
    9:00 AM - 5:00 PM
    Th:
    9:00 AM - 5:00 PM
    F:
    9:00 AM - 5:00 PM
    Sa:
    9:00 AM - 12:30 PM
    Su:
    Closed
    Business Management
    • Mr. Joseph Trosclair, President and CEO
    • Mrs. Jeniffer Dzbinski, Vice President of Service and Sales
    • Ms. Jennifer Pestikas, Senior Vice President of Business Development
    Contact Information

    Principal

    • Ms. Jennifer Pestikas, Senior Vice President of Business Development

    Customer Contact

    • Ms. Jennifer Pestikas, Senior Vice President of Business Development
    Additional Contact Information

    Fax Numbers

    • (847) 599-0056
      Primary Fax

    Phone Numbers

    Industry Tip

    BBB Tip: How to choose a new bank or credit union

    Customer Complaints

    3 Customer Complaints

    Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

    File a Complaint

    Most Recent Customer Complaint

    03/21/2024

    Complaint Type:
    Billing Issues
    Status:
    Answered
    The Abbott Laboratories Employee Credit Union (ALEC) has taken $130 out of my savings account. I want it returned immediately. What ALEC has done is not allowed under Illinois nor California state law. Furthermore Federal Regulation D specifically describes a savings account as a nontransactional account. ******************** has charged me thirteen $10 dormant account fees over the past 13 months even though the account is a federally designated nontransactional account. I just want my $130 returned. This looks to me like a federal class-action lawsuit.
    Read More

    Customer Reviews

    1 Customer Reviews

    What do you think? Share your review.

    How BBB Processes Complaints and Reviews

    Start a Review

    Most Recent Customer Review

    Laura W

    1 star

    01/04/2023

    ALEC credit union's ********************* practices are extremely poor, and caused me late fees as well as interest fees, and may have affected my credit score. - I set up a **** credit card payment, using ALEC's online bill payment service, on December 13th, 2022. - The **** bill was due on December 20th, which was a full week later. The bill payment process elected to pay using non-electronic means (a paper check sent to the **** accounts receivable address). - **** did not receive the payment until DECEMBER 30th, as confirmed by contacting ****'s Customer Service. This was fully two weeks from when I set up the payment on ALEC's bill payment center. - I incurred late payment fees, interest fees and this may have impacted my credit rating. - THIS IS THE SECOND TIME IN ONE YEAR THAT THIS COMPANY HAS CAUSED THIS ISSUE.

    ALEC Response

    01/08/2023

    We are very concerned about Ms. ******** concerns. We are reaching out to her directly to obtain some additional details and will work rapidly to ensure that any fees incurred though no fault of her own will be returned to her. Additionally, we do believe that we will be able to find a solution that ensures that she does not have this issue again.

    ALEC Response

    01/11/2023

    We have connected with ****************** regarding her concerns and have provided her with alternate payment options for her credit card. In addition, we refunded all fees incurred. ****************** was pleased that we proactively contacted her to resolve her issue.

    Local BBB

    BBB of Chicago & Northern Illinois

    BBB Reports On

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