at Connexus Credit Union,

Federally insured by the NCUA

Pros

Monthly service fees are few and easy to avoid
Over 54,000 free ATMs available

Cons

0.25% APY on basic savings; better rates available elsewhere
Doesn't participate in shared branching

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Overall

4.0

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’s savings accounts, however, aren’t especially noteworthy, and members don’t have access to many branch locations.

Ratings methodology | Updated Aug. 24, 2018

Checking

5.0

Xtraordinary checking offers an annual percentage yield of 1.75% for balances up to $25,000. You will, however, have to meet several spending and deposit requirements and accept paperless statements to qualify. If you’re able to satisfy these requirements, Connexus will cover up to $25 for fees racked up at other banks’ domestic ATMs.

 

The Innovative and MyRewards checking accounts weren’t factored into our ratings, but both are good options; neither one charges a monthly service fee. Innovative checking is a basic account that does not pay interest. MyRewards, meanwhile, offers an APY of f 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

How does Connexus Credit Union compare?

Connexus Credit Union

Savings Account

NerdWallet Rating

APY

0.25%

Monthly Fees

$0

Bonus features

No Monthly Fee

Mobile-friendly

Credit Union

Goldman Sachs Bank USA

Online Savings

NerdWallet Rating

at Goldman Sachs Bank USA,

Member, FDIC

APY

2.25%

Monthly Fees

$0

Bonus features

No Monthly Fee

Competitive APY

Citizens Access

Online Savings Account

NerdWallet Rating

at Citizens Access,

Member, FDIC

APY

2.35%

Monthly Fees

$0

Bonus features

No Monthly Fee

Competitive APY

Not for you? Read more bank reviews
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
Poor
Fees
High
Great rates, great service
I got a higher yield from my Connexus Credit Union checking account than from my mutual fund in 2018. People are friendly and knowledgeable also.
Overall
Customer service
Poor
Website / app
Poor
Rates
Poor
Fees
High
Lengthy process
It was much ado to open the account in the first place, but if you have the time to mess with it, the CD and HSA rates are great. What's worse, is that even though you already have accounts with them, when you go to open a CD, or even an additional CD, you must go through a big long process including a ridiculous amount of verifications. It's crazy and redundant, but for each CD you must do all that. Never had this problem at other institutions. You should be able to log into your account and simply fund a new CD with a signature. Not so with Connexus! 5* for interest rate, 1* ease of use.
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