Connect Credit Union

Overview / Commentary

www.connectcu.org

954-730-2047

3400 W Commercial Blvd
Fort lauderdale, FL 33309

Connect Credit Union is headquartered in Fort lauderdale and is the 76^th largest credit union in the state of Florida. It is also the 1,843^rd largest credit union in the nation. It was established in 1909 and as of December of 2022, it had grown to 20 employees and 5,659 members at 4 locations. Connect Credit Union's CD rates are 4X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Connect CU of Florida is open to residents and people that maintain employment in any of the site listed qualified CU-affiliated Counties, current Florida State employees, retired and affiliated employees with the Florida State Transportation Dept. and the direct family members of current CU members.
See current membership details

Reviews

Write a Review

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

Health

B+

Data as of Q4 2022

Learn why bank health matters

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 Chartered	1909
Employees	20
Primary Regulator

Profit Margin
Return on Assets - YTD	0.48%
Return on Equity - YTD	5.1%
Annual Interest Income	$3.0MM

Assets and Liabilities
Assets	Q4 2022vs Q4 2021	$98.3MM$96.7MM
Loans	Q4 2022vs Q4 2021	$66.3MM$63.6MM
Deposits	Q4 2022vs Q4 2021	$88.0MM$85.4MM
Equity Capital	Q4 2022vs Q4 2021	$9.2MM$10.3MM
Loan Loss Allowance	Q4 2022vs Q4 2021	$369.00K$525.00K
Unbacked Noncurrent Loans	Q4 2022vs Q4 2021	$371.00K$128.00K
Real Estate Owned	Q4 2022vs Q4 2021	$0$0

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

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

APY	MIN	MAX	ACCOUNT NAME
0.20%	-	-	IRA Savings
0.10%	-	-	Club Savings
0.05%	$100	-	Shares (Savings)

Connect Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.75%^*	$100k^*	-	Money Market Account
OTHER TIERS: 0.30% → $2.5k - $10k \| 0.35% → $10k - $25k \| 0.45% → $25k - $50k \| 0.60% → $50k - $100k

Connect Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
5.17%^*	-	$1k	E-Checking - Qualifying
OTHER TIERS: 0.05% → $25k+ \| 0.50% → $1k - $25k
0.03%	-	-	Sharedraft (Checking)

Connect Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
3.82%^*	$20k^*	-	24 Months CD
OTHER TIERS: 3.71% → $1k - $20k
3.45%^*	$20k^*	-	36 Months CD
OTHER TIERS: 3.30% → $1k - $20k
3.30%^*	$20k^*	-	12 Months CD
OTHER TIERS: 3.14% → $1k - $20k
3.25%^*	$20k^*	-	60 Months CD
OTHER TIERS: 3.04% → $1k - $20k
2.89%^*	$20k^*	-	6 Months CD
OTHER TIERS: 2.79% → $1k - $20k

Connect Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
3.82%^*	$20k^*	-	24 Months IRA
OTHER TIERS: 3.71% → $1k - $20k
3.45%^*	$20k^*	-	36 Months IRA
OTHER TIERS: 3.30% → $1k - $20k
3.30%^*	$20k^*	-	12 Months IRA
OTHER TIERS: 3.14% → $1k - $20k
3.25%^*	$20k^*	-	60 Months IRA
OTHER TIERS: 3.04% → $1k - $20k
2.89%^*	$20k^*	-	6 Months IRA
OTHER TIERS: 2.79% → $1k - $20k

Locations

Connect Credit Union Locations
Branch Office	1993 S Kanner Hwy	Stuart, FL 34994
Branch Office	1000 NW 111th Ave	Miami, FL 33172-5800
Branch Office	719 S Woodland Blvd	Deland, FL 32720
Branch Office	3400 W Commercial Blvd	Fort 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.