Connex Credit Union

Headquarters

Po Box 477
North Haven, CT 06473
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 0.85% →
1-Year CD 0.50% 0.75% →
2-Year CD 0.60% 0.80% →
5-Year CD 1.10% 1.25% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

Connex is an NCUA insured institution located in North Haven, CT. It was founded in 1940 and has approximately $814.38 millions in assets.

Who can join?

Connex Credit Union is open to anyone who lives, works, worships or attends school in New Haven, Hartford or Middlesex County. Family members of union members are also eligible to join.

NCUA Insured Yes / State-Chartered
Charter Number # # 68511
Date Established 1940
Assets $814.38 million
Loans $663.53 million
Deposits $710.53 million
Capital $76.61 million
 

Field of Membership Restrictions

Connex CU of Connecticut is open to the residents, church members, registered students, and anyone that works in these Counties; New Haven, Hartford, Middlesex, and Fairfield.

Deposit Rates - October 25, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.20% $10,000 $14,999 Learn More
Money Market
0.30% $25,000 $29,999 Learn More
Premium Money Market Account
0.30% $10,000 $14,999 Learn More
Premium Money Market Account
0.40% $25,000 $34,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.30% $500 - Learn More
12 Mo CD
0.50% $500 - Learn More
18 Mo CD
0.75% $10,000 $14,999 Learn More
18 Mo CD
0.75% $100,000 $199,999 Learn More
24 Mo CD
0.60% $500 - Learn More
30 Mo CD
1.15% $10,000 $14,999 Learn More
30 Mo CD
1.15% $100,000 $199,999 Learn More
36 Mo CD
0.70% $500 - Learn More
48 Mo CD
0.90% $500 - Learn More
60 Mo CD
1.10% $500 - Learn More
Variable IRA Rates APY MIN MAX
Var IRA
0.10% $1 $499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 25, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for CONNEX

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.928% 2.875% 0.63 $1,700 $1,038 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

Note to CONNEX
To upload and update your bank's rates please register. It is free to register and add rates.


 

Branches

Below are Connex branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Connex Locations



Climate Initiatives

CONNEX is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

Financial Details

Connex Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Connex. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Connex U.S. Average
6.16% 3.79

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2021, Connex had $4,877,660 in non-current loans and $105,269 in owned assets. To cover these potential losses it had $76,608,066 in net worth and $4,219,026 in loans loss reserves. That gives it a Texas Ratio of 6.16%.

Net Worth
Connex U.S. Average
9.4% 12.22%

Connex FCU has a net worth of 9.4% versus the BestCashCow average of 12.22. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Connex

Branches and Savings

What is Connex?

A credit union, registered with the NCUA under certificate #68511.
Learn more about credit unions here.

Is Connex FDIC insured?

No, credit unions are not insured by the FDIC. Most, but not all, are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance. Connex is insured by the NCUA.

Who can join Connex?

Please see Field of Membership information above for information on who is eligible to join.

What are Connex's share account and share certificate rates?

Connex's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Connex?

Connex has total capital of $76.61 million. Full information on Connex's financial position is located above.

Who owns Connex?

Credit Unions are owned by their members.

Where are Connex branches located?

See branch locations nearby.

Are Connex ATMs Open 24/7?

Do Connex ATMs accept cash deposits?

Can Connex customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Connex have a mobile app?

Does Connex have mobile deposit?

Does Connex have quick pay?

How can Connex transfer money to other banks or credit unions?

Does Connex report to credit bureaus?

Does Connex use Chexsystems?

Does Connex use Equifax?

What is Connex's toll free phone number?

What is Connex's ACH Routing Number?

What is Connex's SWIFT code?

Where can I find Connex's wire transfer form?

What is the Connex address for deposits?

What Products Does Connex Offer

Does Connex offer mortgages?

Compare mortgage rates here.

Does Connex offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Connex offer auto and RV loans?

Compare auto loan rates here.

Does Connex offer student loans or personal loans?

Compare personal loan rates here.

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