Connect Credit Union


Overview / Commentary
954-730-2047
3400 W Commercial Blvd
Fort lauderdale, FL 33309

Connect Credit Union is headquartered in Fort lauderdale and is the 73rd largest credit union in the state of Florida. It is also the 1,838th largest credit union in the nation. It was established in 1909 and as of December of 2024, it had grown to 21 employees and 5,413 members at 3 locations. Connect Credit Union's CD rates are 4X the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in Connect Credit Union of Florida is open to those who live or work in the Florida counties of Brevard, Broward, Charlotte, Citrus, Collier, De Soto, Duval, Flagler, Glades, Hardee, Hernando, Hillsborough, Indian River, Lake, Lee, Manatee, Martin, Miami-Dade, Monroe, Okeechobee, Orange, Osceola, Palm Beach, Pasco, Pinellas, Polk, Sarasota, Seminole, St Johns, St Lucie, or Volusia. Current employees of the State of Florida, retirees of the Florida Department of Transportation, and employees of firms who have a current contract with the Florida Department of Transportation also qualify for membership.
See current membership details

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Connect Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #67342
Year Chartered1909
Employees21
Primary Regulator
Profit Margin
Return on Assets - YTD1.03%
Return on Equity - YTD8.79%
Annual Interest Income$4.9MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$98MM$95.9MM
LoansQ4 2024vs Q4 2023$73.5MM$72.7MM
DepositsQ4 2024vs Q4 2023$85.9MM$84.1MM
Equity CapitalQ4 2024vs Q4 2023$11.4MM$10.1MM
Loan Loss AllowanceQ4 2024vs Q4 2023$608K$596K
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$212K$411K
Real Estate OwnedQ4 2024vs Q4 2023$0$0
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Connect Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Connect Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$100-Shares (Savings)
0.10%$0-Club Savings

Connect Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.56%*$100k*-Money Market Account
OTHER TIERS: 1.00% $2.5k - $10k | 1.31% $10k - $25k | 1.36% $25k - $50k | 1.41% $50k - $100k

Connect Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.25%*$0$25kE-Checking - Qualifying
OTHER TIERS: 0.05% $25k+
0.03%$0-Sharedraft (Checking)

Connect Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.18%*$20k*-6 Months CD
OTHER TIERS: 4.13% $1k - $20k
3.87%*$20k*-12 Months CD
OTHER TIERS: 3.81% $1k - $20k
3.45%*$20k*-60 Months CD
OTHER TIERS: 3.30% $1k - $20k
3.35%*$20k*-36 Months CD
OTHER TIERS: 3.20% $1k - $20k
3.14%*$20k*-24 Months CD
OTHER TIERS: 3.09% $1k - $20k

Connect Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.18%*$20k*-6 Months IRA
OTHER TIERS: 4.13% $1k - $20k
3.87%*$20k*-12 Months IRA
OTHER TIERS: 3.81% $1k - $20k
3.45%*$20k*-60 Months IRA
OTHER TIERS: 3.30% $1k - $20k
3.35%*$20k*-36 Months IRA
OTHER TIERS: 3.20% $1k - $20k
3.14%*$20k*-24 Months IRA
OTHER TIERS: 3.09% $1k - $20k
0.20%$0-IRA Savings
Locations


Connect Credit Union Locations
Branch Office1993 S Kanner HwyStuart, FL 34994
Branch Office1000 NW 111th AveMiami, FL 33172-5800
Branch Office3400 W Commercial BlvdFort lauderdale, FL 33309

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.