Connexus is a nationwide, member-owned credit union founded in 1935 offering competitive rates on deposits and loans with access to 5,000+ shared branches and thousands of fee-free ATMs.
Data compiled from public sources · Rating from CreditDoc methodology
Connexus Credit Union is a not-for-profit, member-owned cooperative founded in 1935 that has grown to serve over 430,000 members across all 50 states. As a federally-insured credit union, it operates on the principle of fostering financial wellbeing for member-owners rather than generating profits for shareholders. The organization has donated over $12.5 million to philanthropic causes and has employees who have volunteered 18,800+ hours through its Volunteer Time Off program.
Connexus offers a comprehensive suite of financial products including checking and savings accounts with rates up to 4.50% APY, auto loans at promotional rates as low as 4.64% APR, mortgage loans starting at 5.498% APR, personal loans from 9.99% APR, and home equity lines of credit. Members also benefit from digital banking capabilities and a mobile app. The credit union participates in the Co-op Shared Branch network, providing access to over 5,000 branches nationwide, and partners with Co-op and MoneyPass ATM networks for thousands of fee-free ATM locations.
Connexus distinguishes itself through its nationwide reach despite having limited physical branches of its own, making it accessible to members across the country. The organization emphasizes low fees, competitive rates driven by member ownership rather than profit maximization, and comprehensive financial wellness resources including personalized financial counseling, debt management tools, and educational content through its blog. Current promotions include a 0.25% rate discount on auto loans and $600 off mortgage closing costs for new applicants.
While Connexus presents strong value propositions for consumers seeking a member-owned alternative to traditional banks, potential members should verify eligibility requirements for membership and understand that promotional rates are time-limited. The organization's strength in digital banking and nationwide ATM access is balanced against the reality that most physical branch locations are not Connexus-branded, requiring use of shared branching networks for in-person transactions.
Connexus processed 3,534 mortgage applications in 2023, approving 48.5% of applicants across 50 states.
3,534
Applications
48.5%
Approval Rate
$101K
Avg Loan
50
States Served
Based on 3,534 applications. Income in thousands (reported by applicant).
Source: CFPB Home Mortgage Disclosure Act (HMDA) Data, 2023. Applications include originated, approved, and denied loans.
Yes. Connexus is a registered company, headquartered in Wausau, WI, founded in 1935.
Membership approval and account opening typically takes 1-3 business days. Loan decisions are usually faster than traditional banks.
CreditDoc Diagnosis
Connexus is best for digitally-savvy consumers nationwide seeking the competitive rates and member-owned benefits of a credit union without requiring physical branch locations. The main caveat is that Connexus lacks dedicated branches and relies entirely on shared branching networks and digital channels, making it unsuitable for those who frequently need in-person banking services at a dedicated location.
CUScore is a free directory and comparison tool for exploring 4,374 federally insured credit unions across America with NCUA financial data, health scores, and branch locations.
Best for: Consumers researching which credit union to join based on financial health and location, People unfamiliar with credit unions seeking to understand the cooperative banking model
Badger Globe Credit Union is a Wisconsin-based credit union offering checking, savings, loans, and digital banking services to members in the Neenah area.
Best for: Fox Valley Wisconsin residents seeking community-oriented banking with personalized service, Consumers wanting automatic savings tools integrated with everyday debit card spending
Brantwood Credit Union is a member-owned financial institution serving Wisconsin since 1932, offering checking, savings, and loan services with flexible payment options.
Best for: Local Brantwood and surrounding Wisconsin residents seeking community-focused banking with personal relationships, Credit union members preferring traditional, established institutions with long operating histories
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