3.35% 24-Month CD at Connexus Credit Union - Easy Membership
Mar 7, 2009 - 12:49 PM by Ken Tumin
Connexus Credit Union is having a Grand Opening Certificate special open to all members. The two specials include a 3.35% APY 24-month CD and a 3.50% APY 36-month CD. Minimum deposit is $10,000. These have a step-up feature that allows you to change your rate once during the term if rates rise. These specials are listed in the credit union's specials page as of 2/23/09.
The credit union continues to offer a reward checking account with a 5.15% APY on balances up to $25,000 (see post).
Credit union membership is open to members of the Connexus Association in which anyone can join with a $5 donation to their scholarship fund. There's an online application at this CheckingFinder page in which you can join and open the reward checking account. Here are the instructions at CheckingFinder regarding the membership requirements and the initial deposits:
$50 deposit of which $5.00 will be deposited in your savings account and $5.00 will be a donation made to the Connexus Association with the remaining $40 in your checking.
The credit union is based in Wausau, Wisconsin. It is federally insured by the NCUA (Charter # 66538).
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Anonymous - #1, Monday, February 23, 2009 - 10:29 AM
3.51 on reward checking account
Banking Guy (anonymous) - #2, Monday, February 23, 2009 - 5:53 PM
It appears the Xtraordinary Checking is still paying 5.15% APY. I should have mentioned they have two reward checking accounts: the MyRewards Checking (3.51% APY) and the Xtraordinary Checking (5.15% APY). Refer to the reward checking post for more details.
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