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Connex Credit Union Rates & Review October 2026

Connex Credit Union's top rates as of October 7, 2026 are 4.00% APY on money market accounts, and 0.10% APY on checking, according to rates verified by MonitorBankRates. MonitorBankRates evaluates the financial stability of Connex Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 4.74%. Rates last updated and verified on 10/07/2026.

Connex Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Connex Credit Union? Share your experience about Connex Credit Union by leaving a review below, or read customer reviews before you decide to use Connex Credit Union.

MonitorBankRates Verified Healthy Badge Q2 2026 Verified Healthy Q2 2026 Use This Badge on Your Credit Union Website
Overall Health & Safety Grade ?
A+
Exceptional Health Score: 98/100
MonitorBankRates Rating ?
5.0
Exceptional Out of 5.0 Stars
Texas Ratio ?
4.74%
Excellent Lower than avg
Health Trend ?
Very strong 12 quarters
Full history ›
Connex Credit Union
Corporate Office
412 Washington Ave
North Haven, CT 06473-1309
https://www.connexcu.org
Member NCUA
Customer Reviews
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Financial health data as of Q2 2026 (NCUA 5300 call report for the quarter ended June 30, 2026). This is the most recent call report available. The NCUA publishes credit union call reports about ten weeks after each quarter ends.

Connex Credit Union Business Money Market Rates

Product Rate APY View More
Promotional Business Money Market - 4.00%
Min Deposit $2,500
Min Balance $0
Details Earn 4.00% APY on balances of $2,500 and over. Balances below $2,500 earn 0.30% APY. Promotional Money Market rate is exclusive to business accounts, and is effective as of June 1, 2026. The offer is exclusively for new funds that are not currently on deposit at Connex, and is only valid for accounts opened online.
Last Updated 10/07/2026
Rate History
No change since Oct 7, 2026 · 4.00% APY · checked 2 times
3.50%4.00%4.50%Oct 7, 2026: 4.00% APYOct 7, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 4.74%

Connex Credit Union Business Checking Rates

Product Rate APY View More
Complete Business Checking for Non-Profits - 0.10%
Min Balance $0
Last Updated 10/07/2026
Rate History
No change since Sep 28, 2026 · 0.10% APY · checked 4 times
0.00%0.30%0.60%Sep 28, 2026: 0.10% APYSep 28, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 4.74%
Complete Business Checking Plus - 0.10%
Min Balance $1,000
Last Updated 10/07/2026
Rate History
No change since Sep 28, 2026 · 0.10% APY · checked 4 times
0.00%0.30%0.60%Sep 28, 2026: 0.10% APYSep 28, 2026Oct 13, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 4.74%

Financial Health History

Connex Credit Union’s Texas Ratio stayed near 5.17% in Q3 2023 to 4.74% in Q2 2026, so its financial health has stayed very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier; the green zone below the amber 15% line is where a credit union must stay to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

0% 1.0★ 4.1% 2.0★ 8.3% 3.0★ 12.4% 4.0★ 16.5% 5.0★ 15% Verified Healthy limit – lower is healthier Healthy zone 5.17% A+ Q3 2023 A+ Q4 2023 A Q1 2024 A+ Q2 2024 A Q3 2024 A Q4 2024 A+ Q1 2025 A Q2 2025 A Q3 2025 A Q4 2025 A+ Q1 2026 4.74% A+ Q2 2026
Swipe the chart sideways to see every quarter.
Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy limit (green zone below = healthy)
Powered by MonitorBankRates

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures
QuarterTotal assetsTexas RatioStar RatingHealth Grade
June 30, 2026$1.1B4.74%5.0A+
March 31, 2026$1.0B4.75%5.0A+
December 31, 2025$1.0B6.39%5.0A
September 30, 2025$1.1B6.64%5.0A
June 30, 2025$1.1B6.49%5.0A
March 31, 2025$1.0B5.55%5.0A+
December 31, 2024$1.0B7.69%5.0A
September 30, 2024$1.0B7.81%5.0A
June 30, 2024$1.0B5.34%5.0A+
March 31, 2024$1.0B6.69%5.0A
December 31, 2023$1.0B5.85%5.0A+
September 30, 2023$999M5.17%5.0A+
Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating
Our rating for Connex Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.
Texas Ratio
We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.
Rate Data Aggregation
We gather Connex Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Connex Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Connex Credit Union
Address 412 Washington Ave, North Haven, CT 06473-1309
Phone 800-278-6466
Fax 203-239-0434
President Corey Stone
CEO Francesco Mancini
Full-Time Employees 145
Part-Time Employees 8
Branch Locations 9
ATM Locations 6
NCUA Insured ✓ Yes, up to $250,000 per depositor

Financials

MonitorBankRates Star Rating
5.0 / 5.0 ★
Overall Health & Safety Grade
A+ (98/100)
Texas Ratio
4.74%
Return on Assets (ROA)
0.2041%
Return on Equity (ROE)
2.1649%
Non-Performing Loans Ratio (NPL)
0.56%
Total Assets
1,057,827,068
Total Amount of Shares and Deposits
902,586,484
Total Shares and Deposits < 1 Year
875,705,738
Total Shares and Deposits 1 3 Years
25,149,211
Total Shares and Deposits > 3 Years
1,731,535
Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)
84,587,116
Total Uninsured Shares and Deposits > $250K (F+J)
84,587,116
Total Insured Shares and Deposits > $250K (item 17 less item K)
817,999,368
Total Interest Expense (Sum of items 6 8)
10,423,914
Share Certificates
4,705
Number of Accounts for Share Drafts
34,838
IRA KEOGH Accounts
802
Number of Accounts for Regular Shares
90,892
All other shares
6,142
Non Member Deposits
16
Money Market Shares
6,075
Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)
Well Capitalized
Net Worth Classification if credit union is a new credit union
Well Capitalized
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
35,666,872
Total Liabilities
960,146,037
Source: NCUA — Last Updated 06/30/2026
MonitorBankRates Verified Healthy Badge Q2 2026
Q2 2026 MBR Health & Safety Badge

Connex Credit Union earned the Verified Healthy badge

Display this badge on your website to show visitors your Q2 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.

Copy the HTML below and paste it into your website where you’d like the badge to appear. The badge image is hosted on MonitorBankRates, so there is no need to download or upload anything. Badges are re-tested every quarter; when a new quarter is published, come back to this page for the updated code.

<a href="https://monitorbankrates.com/credit-unions/connex-credit-union-rates-review-26981">
  <img src="https://www.monitorbankrates.com/wp-content/uploads/badges/mbr-badge-tier-c-2026-q2.svg"
       alt="MonitorBankRates Verified Healthy Badge Q2 2026"
       width="160" height="160">
</a>
Learn more about the MBR Health & Safety Badge program on our methodology page.

Customer Reviews

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Frequently Asked Questions About Connex Credit Union

How many branches does Connex Credit Union operate?

Connex Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join Connex Credit Union?

Yes, to access services at Connex Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, Connex Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Connex Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Connex Credit Union offer online and mobile banking?

Most modern institutions like Connex Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.connexcu.org.

Current Connex Credit Union Rates

  • MMA4.00%
Retrieved from our database of financial products. Rates subject to change.