Connexus Credit Union


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

Connexus Credit Union is headquartered in Wausau and is the 6th largest credit union in the state of Wisconsin. It is also the 75th largest credit union in the nation. It was established in 1935 and as of March of 2024, it had grown to 731 employees and 477,436 members at 16 locations. Connexus Credit Union's money market rates are 9X the national average, and it has a C+ 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

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)
3/16/20 - Connexus Credit Union - Opening CD Rates 3/16/20
3/4/20 - Connexus CU Cuts CD Rates By 0.25%
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
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 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%)
1/16/19 - Connexus CU Raised 60 Months And 36 Months Certificates
11/23/18 - 5 Yr- Went Down
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
5/19/18 - CD Rate Increases At Connexus Credit Union
10/25/16 - Connexus Credit Union Share Certificate Specials
8/31/16 - $100 Bonus Opening A Rewards Checking Account
2/26/16 - Connexus 1.33%/1.43%/1.53% APY 12Mo/18Mo/24 month CDs
10/24/15 - 12 & 24 Month Share Certificate Specials – Valid Through 12/31/15
8/21/15 - Celebrate Connexus’ 80Th Anniversary With $80 In Your Pocket
2/8/15 - Connexus CU (12 Mo CD, 1.30%APY)
1/5/15 - Connexus CU 12-Month CD (1.374% APY) Special Extended Through January 31, 2015
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
5/11/12 - Rate Drop To 1.75% Xtraordinary Checking/1.35% Myrewards Checking

Connexus Credit Union

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.

Texas Ratio Trend C+

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

Stay Away! My Experience Was They Need Big Improvements

Posted by: |

Their online system doesn't show you renewal setting status of your CDs.

Their system doesn't allow you to change renewal setting status of your CDs.

To change renewal status of your CDs you must call the service center and prove your identity by answering public available information questions as if you were applying for a credit card online.

Then I found they didn't enter my responses properly and I was not validated.

So then they make me send a secure message while logged in.

Then they ignored my secure message for a month. They did not reply to my secure message at all.

I wasted a lot of time due to their system and processes and it was very stressful.

Many other financial institutions treat you much better for the above situations.

VERY UPSET CUSTOMER - STAY AWAY

Last year, my husband and I created two CDs with Connexus. They matured last week, and my husband called and wired his funds. However, they wouldn't wire my $400,000 because they said I was deceased. Even though I provided my real ID and got clearance from their Risk Management Department, they insisted that LexisNexis (whoever that is) reported I was deceased, and I would have to contact them—a third-party company they hired. That company informed me I could file a complaint, and it would take 60 days. Connexus was effectively holding my $400,000 ransom, which is illegal. Fortunately, we were able to transfer my money into my husband's account to wire it out. Had we not had another person with an account there, they would have just held onto my money for 60 days until some third party they hired fixed the error. I just opened a new account with our funds, and no one said I was deceased. I have filed complaints with every organization I can find so this doesn’t happen to someone else. Imagine if it were you with no way to get your money out while buying a house and needing the funds. Shame on Connexus!

VIEW MORE REVIEWS

Health
C+

Health Grade Components

Overall
NCUA #66538
Year Chartered1935
Employees731
Primary Regulator
Profit Margin
Return on Assets - YTD-1.72%
Return on Equity - YTD-21.31%
Annual Interest Income$89.5MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$5.18B$5.27B
LoansQ1 2024vs Q1 2023$4.66B$4.67B
DepositsQ1 2024vs Q1 2023$4.53B$4.68B
Equity CapitalQ1 2024vs Q1 2023$423MM$471.9MM
Loan Loss AllowanceQ1 2024vs Q1 2023$109.4MM$66.1MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$127.9MM$106.3MM
Real Estate OwnedQ1 2024vs Q1 2023$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% $0 - $10k
0.10%$100-Member Share
0.10%$0-Holiday Club
0.10%$100-Additional Savings

Connexus Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.91%*$1m*-Money Market Account
OTHER TIERS: 0.25% $1k - $20k | 2.41% $20k - $100k | 2.66% $100k - $250k | 2.91% $250k - $500k | 3.16% $500k - $1m

Connexus Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%*$0$1kTeen Checking
OTHER TIERS: 0.25% $1k+
1.75%*$0$25kXtraordinary Checking
OTHER TIERS: 0.25% $25k+

Connexus Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.25%$100k-10 Month Jumbo Certificate Special
5.15%$5k-10 Month Certificate Special
5.10%$100k-15 Month Jumbo Certificate Special
5.00%$5k-15 Month Certificate Special
4.96%$100k-12 Month Jumbo Certificate
4.91%$5k-12 Month Certificate
4.58%$100k-24 Month Jumbo Certificate
4.53%$5k-24 Month Certificate
4.16%$100k-36 Month Jumbo Certificate
4.11%$5k-36 Month Certificate
4.06%$5k-24 Month Bump-Up Certificate
3.86%$100k-48 Month Jumbo Certificate
3.81%$5k-48 Month Certificate
3.46%$100k-60 Month Jumbo Certificate
3.41%$5k-60 Month Certificate

Connexus Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.25%$100k-10 Month Jumbo IRA Special
5.15%$1k-10 Month IRA Special
5.10%$100k-15 Month Jumbo IRA Special
5.00%$5k-15 Month IRA Special
4.96%$100k-12 Month Jumbo IRA
4.91%$5k-12 Month IRA
4.58%$100k-24 Month Jumbo IRA
4.53%$5k-24 Month IRA
4.16%$100k-36 Month Jumbo IRA
4.11%$5k-36 Month IRA
4.06%$5k-24 Month Bump-Up IRA
3.86%$100k-48 Month Jumbo IRA
3.81%$5k-48 Month IRA
3.46%$100k-60 Month Jumbo IRA
3.41%$5k-60 Month IRA
Locations

Availability

Wausau Area

Interactive local rates map


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