Connexus Credit Union Review: Competitive Checking and Accessible Banking

Connexus CU: High-rate checking, wide access, and strong CD returns.

Connexus Credit Union Review: Competitive Checking and Accessible Banking

Connexus Credit Union distinguishes itself with competitive checking account rates and extensive ATM and branch access, positioning itself as a strong choice for those seeking value and convenience in their banking experience.


  • Xtraordinary Checking Account: Offers an APY of 1.75% on balances up to $25,000, with up to $25 in ATM fee rebates, provided certain conditions are met.
  • Savings Account: Features a 0.25% APY with a $100 minimum balance to earn interest and no monthly fees.
  • Certificates of Deposit: Impressive APYs such as 4.76% for 1-year, 4.21% for 3-year, and 3.51% for 5-year CDs, though with a $5,000 minimum deposit requirement.
  • Customer Experience:
    • Access to over 5,000 shared branches nationwide.
    • Comprehensive digital tools for budgeting and setting financial goals.
    • Membership is open to all through joining the Connexus Association with a one-time $5 fee.


  • High-Interest Checking: The potential to earn a competitive APY on checking balances and ATM fee rebates offers tangible benefits for active account users.
  • Accessible Savings Options: While the savings rate may not lead the market, the absence of monthly fees and low minimum balance requirements make it accessible.
  • Strong CD Rates: Among the best in the market, providing an attractive option for those looking to lock in higher returns.
  • Nationwide Access: Extensive ATM and branch network enhances convenience for members nationwide.
  • Inclusive Membership: Easy eligibility criteria open up membership to a wide audience.

Product Summary:

Connexus Credit Union delivers a balanced banking experience that combines competitive interest rates on checking accounts with the convenience of widespread ATM and branch access. While its savings account rate may not be the highest, the lack of monthly fees and low minimum balance requirement makes it a viable option for many. The credit union shines with its CD rates, offering significant returns for those meeting the minimum deposit criteria. Comprehensive customer support and digital tools further enhance the value proposition, making Connexus an appealing choice for those seeking a blend of traditional and online banking benefits. With inclusive membership options, Connexus is a credit union accessible to a broad demographic.

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