bank rates

Connexus Credit Union Offers National Deals Worth A Look

It might not be a national bank, but Connexus Credit Union is so easy to join it might as well be.

By making a one-time $5 donation to Connexus’ charitable association, anyone nationwide can become a member of the Wisconsin credit union, and now is as good a time as any given its current crop of CD specials.

CD deals worth a look from Connexus Credit Union

With a $5,000 minimum deposit, Connexus is paying 1.50% APY on 12-month certificates, 1.70% APY on 24-month CDs, 2.00% APY on 36-month CDs and 2.00% APY on 60-month CDs.

And while all of the rates its offering are solid deals, Connexus stands out in the 3-year CD category. Indeed, the only other bank paying 2.00% APY on 3-year CDs is Salem Five.

Connexus requires a $5,000 minimum to earn that rate while Salem Five requires a $10,000 minimum.

But don’t just take my word for it. A search through Bankrate’s extensive database of the day’s best CD rates is always worthwhile, and if you find anything close to Connexus’ promotional rates, you’ll know you’ve found a winner.

Other offers from Connexus

Connexus is offering a 24-month CD at 1.70% APY. But First Internet Bank of Indiana and Popular Direct are beating that deal with 1.81% APY and 1.80% APY, respectively.

First Internet Bank of Indiana also takes the top spot in the 12-month CD term, offering 1.52% APY. But Connexus is a close second at 1.50% APY.

And if you’re looking for 5-year CDs, there a several other options out there that can earn you more, including deals from Popular Direct and Synchrony Bank that both pay 2.35% APY.

Membership at Connexus

Beyond nationwide eligibility earned with a $5 donation, membership in Connexus is automatically extended to savers who live or work in Minneapolis, Cincinnati and certain communities of Wisconsin, New Hampshire, Minnesota and Ohio.

Once a member, opening a Connexus CD can be done online, by phone or at one of its branches in the above states.

For dozens more deals like this one, be sure to search our constantly updated roundup of the best credit union and community bank CDs around the country.

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