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Connexus Credit Union


Overview / Commentary
www.connexuscu.org
800-845-5025
P.O. Box 8026
Wausau, WI 54402-8026

Connexus Credit Union is headquartered in Wausau and is the 5th largest credit union in the state of Wisconsin. It is also the 68th largest credit union in the nation. It was established in 1935 and as of December of 2023, it had grown to 726 employees and 468,325 members at 16 locations. Connexus Credit Union's money market rates are 9X the national average, and it has a B health rating.

Field of Membership Restrictions

Membership in Connexus Credit Union is open to anyone through becoming a member of the Connexus Association with a $5 donation.

Membership is also open to those who live in the Illinois counties of Boone, Jo Daviess, Knox, Lake, McHenry, Stephenson, Warren, or Winnebago; the Minnesota communities of Brooklyn Center, Crystal, Golden Valley, Hopkins, Minneapolis, New Hope, Robbinsdale, or St. Louis Park; the Ohio communities of Cincinnati or Norwalk; the Wisconsin counties of Adams, Clark, Juneau, Langlade, Lincoln, Marathon, Portage, Shawano, Taylor, Waushara, or Wood; or the Wisconsin communities of Baron, Chippewa, Columbia, Dane, Dodge, Iowa, Milwaukee, Oneida, Ozaukee, Price, Racine, Rusk, Sauk, Washington, or Waukesha, or within 25 miles of Sheldon or within 15 miles of Chetek.

(2) Employees, retirees, family members, members, students, or student alumni of ALPA FCU, ALPA Union, Aqua Finance, Aspirus Inc, BMW Motorcycle Owners of America Group or its successor, Buell Riders Adventure Group, Cincinnati Bell, Cintel, Convergys, Endura, Harley Owners Group, Honeywell, Kraft or Bombardier Company and its majority-owned subsidies in the U.S., Liberty Mutual Insurance, Marketplace Home Mortgage, Marshfield Clinic, Minnesota Consumer Council, Northcentral Technical College, Orbital ATK, Organizations of any motorcycle dealer located in the IL or WI counties of Winnebago, Boone, Jo Daviess, Knox, Lake, Warren, McHenry, or Stephenson, Successors Rockwell Automation and its subsidiaries and affiliates, TSI Incorporated.

(3) Spouses, family members, and those living in the same household of an existing member.


See current membership details

Related Posts

Certificate Rates Drop/New Special Term Available - 10/21/2023

It appears that Connexus dropped their highest rate offering but added a new 17 month option to their lineup. However, not very competitive Cert Term $5,000+ Jumbo Certificate $100,000+ 12 months 5.31%  5.46% WAS 5.61% 5.76% 17 months Special 5.41% 5.56% 24 months 5.01% 5.26% NO CHANGE 36 months 4.51% 4.76% NO CHANGE 48 months 4.01% 4.26% NO CHANGE 60 months 3.91% 4.16% NO CHANGE

Connexus Credit Union 12-Month Jumbo CD Tops 1-Year Category - 8/17/2023

Connexus Credit Union (easy membership) 12-month Jumbo Certificate ($100k min) offers a rate-leading APY, following a recent rate increase of 26 bps.

Some Newly Increased Rates At Connexus CU - 8/15/2023

Term Certificate    $5,000+ APY          Jumbo Certificate $100,000+ APY 12 months                5.61%                                            5.76% 24 months                5.01%                                            5.26% 36 months                4.51%                                            4.76% 48 months                4.01%                                     

View all posts from:

8/19/20 - Connexus Credit Union Cuts CD Rates - No Longer A Rate Leader In 60 Months (Nationwide)
8/12/20 - Connexus Credit Union's 60-Month CD Is Rate Leader
3/16/20 - Connexus Credit Union - Opening CD Rates 3/16/20
3/4/20 - Connexus CU Cuts CD Rates By 0.25%
1/7/20 - Connexus Offers $250 Bonus With A New Xtraordinary Checking Account
1/5/20 - $250 Bonus Until 2/17/20 For Opening Xtraordinary Checking Account ($2K Debit Spend In 6 Mo)
12/2/19 - Connexus CU Drops All CD Rates
11/27/19 - Connexus Credit Union 24-Month CD Earns 2.40% APY
7/17/19 - Connexus Cuts Certificate Rates AGAIN!
7/10/19 - Connexus Rates Decline Again
6/26/19 - Connexus CD Rates Decline
5/9/19 - Connexus Credit Union Ups 60-Month CD Rate to 3.40% APY
5/9/19 - Connexus New Rates
2/22/19 - Connexus Lowers Rates
2/1/19 - Connexus Lowered 3.63% 5 Year CD
1/31/19 - 5 Year CD Back To 3.50% (Was 3.63%)
1/17/19 - Connexus Credit Union's 60-Month CD Now Earns 3.63% APY
1/16/19 - Connexus CU Raised 60 Months And 36 Months Certificates
11/23/18 - 5 Yr- Went Down
11/7/18 - Connexus Credit Union Boosts 24-Month CD Rate
11/6/18 - 60 Month 4% Share Certificates
11/6/18 - 4% APY For 60 Months CD Plus Other CD Increases for Regular and IRA
6/19/18 - CD Rates At Connexus
6/2/18 - Increased Rates 3.25 60 Mths, 3% 42 Mths
5/21/18 - Connexus CU Has 12-Month CD and 60-Month CD
5/19/18 - CD Rate Increases At Connexus Credit Union
1/13/18 - Connexus Credit Union (Easy Membership) Hikes 60-Month CD
3/30/17 - Connexus CU Offers $100 Best Buy® E-Gift Card With New Checking
3/29/17 - Connexus Credit Union Adds Top-Rate 12-, 24-, And 36-Month CDs
1/25/17 - Connexus CU (Easy Membership) Adds Two Limited-Time CD Specials
10/31/16 - Connexus CU Adds 12-Month CD and 24-Month CD
10/25/16 - Connexus Credit Union Share Certificate Specials
9/3/16 - Connexus CU (Easy Membership) Offers "Earn An Easy $100" Bonus
8/31/16 - $100 Bonus Opening A Rewards Checking Account
3/2/16 - Connexus CU Offers Three, Short-Term CD Specials
2/26/16 - Connexus 1.33%/1.43%/1.53% APY 12Mo/18Mo/24 month CDs
10/26/15 - Connexus CU (Easy Membership) Offers Two Top-Rate CDs
10/24/15 - 12 & 24 Month Share Certificate Specials – Valid Through 12/31/15
8/28/15 - Connexus CU Celebrates With "$80 In Your Pocket" Checking Bonus
8/21/15 - Celebrate Connexus’ 80Th Anniversary With $80 In Your Pocket
2/8/15 - Connexus CU (12 Mo CD, 1.30%APY)
2/4/15 - Connexus CU Continues To Offers Highest Rate 12-Month CD
1/5/15 - Connexus CU 12-Month CD (1.374% APY) Special Extended Through January 31, 2015
10/26/14 - Connexus Credit Union Offers High Rate 1-Year CD Available Nationwide
10/23/14 - 12-Month Certificate Special - Blended Rate 1.374% APY - Easy To Join
9/17/14 - Connexus CU 1 Yr CD Earn Up To 2%APY OPEN TO EVERYONE
8/28/14 - Credit unions with national FOMs will merge
6/10/14 - 9-Month CD Rate Special at Connexus Credit Union
9/6/12 - CD Rates at Connexus Credit Union Are Competitive Again - Easy Membership
5/11/12 - Rate Drop To 1.75% Xtraordinary Checking/1.35% Myrewards Checking
5/3/12 - Updated Review of Connexus Credit Union's Xtraordinary & MyRewards Checking
2/21/12 - Connexus Credit Union Is Growing Through Mergers
7/1/11 - End Of The Last Nationally Available 3% 5-Year CD - False Alarm
2/1/11 - Top CD Rates Continue at Connexus Credit Union - Easy Membership
8/12/10 - Update on Connexus Credit Union's CD and Reward Checking Rates - Available Nationwide
6/1/10 - Top CD Rates at Connexus Credit Union - Easy Membership
3/24/10 - Competitive Step-UP CDs and Money Market Account at Connexus Credit Union - Easy Membership
3/15/09 - Health Savings Account Overview and Finding the Best HSA

Reviews (67)

Decent Experience

Posted by: |

According to their CSR, due to overwhelming demand, they are 72 hours behind.

Opening a CD account:
• Soft pull w/Trans Union
• Require a copy of social security card, although not listed
• Disregard their email, you need to be proactive as no one contacts you during approval process.
• Maximum ACH transfer is $250,000 for opening a CD account. Over that amount needs to be wired in.
• Your membership number is not the same as your account number

18

Connexus Credit Union

Posted by: |

Very well designed website for applying for a money market account. Very fast response to application. Excellent rates on money market accounts. Also great talking to their customer service representatives.

22

Texas Ratio Trend C+

Posted by: |

Should we worry about its health with a Tex Ratio Trend of C+?

25

Not As Good As It Once Was....

Posted by: |

This bank continues to not allow funds to be sent via ACH. Thus you close a CD and have to wait 10 days for a check sent, without tracking, then wait for that check to clear. $20 to wire funds. Their rates are no longer leading and the web site does not allow simple account management like providing instructions upon CD maturity. I'm move all my funds as the CDs mature.

6
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Health
B

Data as of Q4 2023

Learn why bank health matters

Health Grade Components

Overall
NCUA #66538
Year Chartered1935
Employees726
Primary Regulator
Profit Margin
Return on Assets - YTD0.22%
Return on Equity - YTD2.63%
Annual Interest Income$361.2MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$5.3B$5.26B
LoansQ4 2023vs Q4 2022$4.69B$4.64B
DepositsQ4 2023vs Q4 2022$4.8B$4.6B
Equity CapitalQ4 2023vs Q4 2022$445.6MM$502.3MM
Loan Loss AllowanceQ4 2023vs Q4 2022$115.7MM$33.6MM
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$142.5MM$121.5MM
Real Estate OwnedQ4 2023vs Q4 2022$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Connexus 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.

Connexus Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.01%*$15k*-Health Savings Account
OTHER TIERS: 0.10% → $100 - $500 | 0.20% → $500 - $2.5k | 0.30% → $2.5k - $5k | 0.50% → $5k - $15k
0.40%*$10k*-IRA Savings Account
OTHER TIERS: 0.25% → Up to $10k
0.25%$100-Member Share
0.25%--Holiday Club
0.25%$100-Additional Savings

Connexus Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.01%*$1m*-Money Market Account
OTHER TIERS: 0.25% → $1k - $20k | 2.51% → $20k - $100k | 2.76% → $100k - $250k | 3.01% → $250k - $500k | 3.26% → $500k - $1m

Connexus Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%*-$1kTeen Checking
OTHER TIERS: 0.25% → $1k+
1.75%*-$25kXtraordinary Checking
OTHER TIERS: 0.25% → $25k+

Connexus Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.06%$100k-12 Month Jumbo Certificate
5.01%$5k-12 Month Certificate
4.68%$100k-24 Month Jumbo Certificate
4.63%$5k-24 Month Certificate
4.26%$100k-36 Month Jumbo Certificate
4.21%$5k-36 Month Certificate
4.06%$5k-24 Month Bump-Up Certificate
3.96%$100k-48 Month Jumbo Certificate
3.91%$5k-48 Month Certificate
3.56%$100k-60 Month Jumbo Certificate
3.51%$5k-60 Month Certificate

Connexus Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.06%$100k-12 Month Jumbo IRA
5.01%$5k-12 Month IRA
4.68%$100k-24 Month Jumbo IRA
4.63%$5k-24 Month IRA
4.26%$100k-36 Month Jumbo IRA
4.21%$5k-36 Month IRA
4.06%$5k-24 Month Bump-Up IRA
3.96%$100k-48 Month Jumbo IRA
3.91%$5k-48 Month IRA
3.56%$100k-60 Month Jumbo IRA
3.51%$5k-60 Month IRA
Locations

Availability

Wausau Area

Interactive local rates map


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