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Connexus CU Continues To Offers Highest Rate 12-Month CD


Availability: Nationwide

As of January 31, 2015, Connexus Credit Union (Connexus) is no longer offering its 12-month Step-Up Share Certificate (1.374% APY). This Step-Up Share Certificate (CD) was the top-rate, nationally available 12-month CD for almost 4 months.

Connexus continues to head the list with a new 12-month CD (1.30% APY) that is available through April 30, 2015. The minimum opening deposit for this CD is $5K of new money, with no maximum balance cap. Unlike Connexus' other CDs, the 12-month CD does not require a checking account relationship.

As stated on Connexus’ Disclosure Page, the Early Withdrawal Penalty reads as follows:

A penalty may be imposed for withdrawals before maturity. The penalty will equal 90 days dividends on the amount withdrawn subject to penalty.


Membership in Connexus Credit Union (Connexus) is open to virtually anyone by joining the Connexus Association, with a one-time $5 donation that will directly benefit one of many supported organizations.

The Connexus Association was organized exclusively for charitable and educational purposes to provide funding to designated organizations that qualify as exempt under section 501(c)(3) of the Internal Revenue Service.

Connexus also offers membership to:

  • Employees, families, and retirees of Liberty Mutual Insurance and affiliates
  • Employees, families, and retirees of Aspirus Inc., Marshfield Clinic and affiliates
  • Employees, families, students and alumni of Northcentral Technical College and Rasmussen College
  • Employees, families, and retirees of Cincinnati Bell and affiliates
  • Employees, families, and retirees Convergys and affiliates
  • Persons residing or employed in Clark, Langlade, Lincoln, Marathon, Portage, Shawano, Taylor, or Wood counties in the State of Wisconsin

Joining Connexus can be done either online, or in person at any of the Wisconsin branches located in Wausau (4) and Weston, or Ohio branches located in Cincinnati and Norwalk. Connexus also has branches for Liberty Mutual employees only in Dover and Portsmouth, New Hampshire; Fairfield, Ohio; and Wausau, Wisconsin.

Opening the 12-month CD can be done online, but applications must be received by April 30, 2015 to be guaranteed the 1.30% APY. The online form reads,

Please fill out the form below and we’ll contact you within one business day to open your Share Certificate.

DA members have stated in the past that they were contacted the same day.

Credit Union Overview

Connexus Credit Union has an overall health grade of "B+" at DepositAccounts.com, with a Texas ratio of 12.95% (above average), based on September 30, 2014 data. In the past year, Connexus increased its total deposit by $109.39 Million, an excellent annual growth rate of 26.28%. Please refer to our financial overview of Connexus Credit Union for more details.

Founded in 1935, the credit union was originally established to serve the employees of Employer’s Mutual, the predecessor of Wausau Insurance (1980). In 1998 Wausau Insurance was acquired by Liberty Mutual Insurance and membership was extended to all Liberty Mutual employees and retirees nationwide. Over the next 15 years, through acquisitions, mergers and expansion, Connexus increased its membership to over 98,000 members, with $650+ Million in assets.

How the CD Compares

When compared to other similar length-of-term CDs tracked by DepositAccounts.com, that require a similar minimum deposit and are available nationally, Connexus Credit Union's 12-month Share Certificate leads the list.

The above rates are accurate as of 2/4/2015.

To look for the best nationwide CD rates and the best CD rates in your state, please refer to our CD rates table.

Related Pages: Connexus Credit Union, Boston, Cincinnati, Minneapolis, Wausau

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