at Connexus Credit Union,

Federally insured by the NCUA

Pros

1.75% APY on Xtraordinary Checking, if several requirements are fulfilled
No monthly fees on checking or savings accounts
Over 54,000 free ATMs available

Cons

0.25% APY on basic savings and up to 1.15% APY on money market; better rates available elsewhere
$5 inactivity fee for checking or savings with less than $100 and no activity over months

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Overall

4.5

Connexus Credit Union checking accounts are stellar, with the potential to earn high rates. Its website and online and mobile banking platforms are also generally helpful. The credit union is part of shared ATM and branch networks across credit unions nationwide. But its savings accounts don’t have high rates.

Ratings methodology | Updated March 18, 2019

Checking

4.5

Xtraordinary checking offers an annual percentage yield of 1.75% for balances up to $25,000, plus up to $25 in rebates to cover out-of-network domestic ATM fees. To get both perks, you have to meet several spending and deposit requirements and accept paperless statements. Money above $25,000 earns 0.25% APY. If requirements aren’t fulfilled, the APY drops to 0.20% for that month.

 

The Innovative and MyRewards checking accounts weren’t factored into our ratings, but both are good options; neither one charges a monthly service fee, either. Innovative checking is a basic account that does not pay interest. MyRewards, meanwhile, offers an APY of 1.35% on balances up to $25,000, but you’ll have to meet a few requirements.

Savings Account
APY
0.25%
Min. balance for APY
$100

at Connexus Credit Union,

Federally insured by the NCUA

Xtraordinary Checking
APY
1.75%
Monthly fee
$0
Balance to waive monthly fee
$0

at Connexus Credit Union,

Federally insured by the NCUA

Certificate of Deposit
APY
1.01%
Min. balance for APY
$5,000
Length of term
1 year

at Connexus Credit Union,

Federally insured by the NCUA

NerdWallet reviews are the result of independent research by our editorial team while accountholder reviews are contributions from independent users not affiliated with NerdWallet. Banks, issuers and credit card companies are not responsible for any content posted on the NerdWallet site, nor do they endorse or guarantee any posted comments or reviews.
Overall
Customer service
Poor
Website / app
Poor
Rates
Fair
Fees
Fair
Poor customer service
I'm currently on hold needing to speak to someone. Its been over an hour. No one is that busy. I am regretting ever getting involved with this Mickey Mouse outfit. Terrible service.
Overall
Customer service
Excellent
Website / app
Fair
Rates
Excellent
Fees
Low
best ever service
Every single time I talked to anyone, ALL were smart, very helpful, personable, and communicated in a timely manner. I am so glad I went ahead with the decision of banking with Connexus! Get just one person to be your "go to person" at Connexus, if YOU have trouble communicating!
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