Connex Credit Union is headquartered in North Haven and is the 5th largest credit union in the state of Connecticut. It is also the 461st largest credit union in the nation. It was established in 1940 and as of June of 2020, it had grown to 123 employees and 61,200 members at 8 locations. Connex Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Connex Credit Union is open to individuals who live, work, worship, or attend school in the Connecticut counties of Fairfield, Hartford, Middlesex, and New Haven.
See current membership details
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Great Bank
I have been with this bank for over 25 years.They are all very friendly and knowledgable.I never get fees for checking or savings.They even pay me 2% on my checking account.
Great Service
Connex offers great personal service and their access to the Allpoint ATMs is great!
Low Limit On Debit Card, Does Not Authorize Car Rentals
A terrible bank to do business with. Unless you are looking to have a little savings account they can be ok. If you are looking for an everyday banking go to a major financial institution. I have three accounts and I will be closing two of them.
Terrible Bank & Customer Service
Customer service is worst with this bank and branch service is horrible service.. No proper advise or directions in this Connex credit union bank
Terrible Bank, Terrible Employees
THIS BANK IS ABSOLUTELY HORRIBLE AND CLUELESS.
I went to open a "unbank" checking account with them and realized that I was going to be charged for checks...so I called to close the account immediately, hoping this could be done before the checks were ordered, etc.
Their customer services representatives are rude and not helpful. They don't understand the processes of the bank one bit so it's impossible for them to actually help you when you have an issue.
I still haven't resolved the issue with them.
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68511 |
| Year Chartered | 1940 |
| Employees | 123 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.35% |
| Return on Equity - YTD | 3.55% |
| Annual Interest Income | $11.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $750.8MM$688.8MM |
| Loans | Q2 2020vs Q2 2019 | $575.5MM$549.9MM |
| Deposits | Q2 2020vs Q2 2019 | $653.4MM$596.8MM |
| Equity Capital | Q2 2020vs Q2 2019 | $71.5MM$67.1MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $4.0MM$3.5MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $3.3MM$4.0MM |
| Real Estate Owned | Q2 2020vs Q2 2019 | $105.00K$152.00K |