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.

With a $5,000 minimum deposit, Connexus is paying 1.33% APY on 12-month certificates and 1.43% APY on 18 months.

Although the top nationally available 12-month yield from the banks on our CD Rates Leaderboard is a smidge higher than Connexus at 1.36% APY, that offer from Country Bank requires a $25,000 minimum deposit.

Our Leaderboard doesn’t track 18-month CDs, but I did some research to find today’s very best nationally available 18-month rate, including among nationwide credit unions.

And who wins the 18-month title? Connexus.

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 prudent, and if you find anything close to Connexus’ promotional rates, you’ll know you’ve found a winner.

Connexus is also offering a 24-month CD at 1.53% APY. But now that iGObanking has raised its 2-year yield to 1.55% APY with just a $1,000 minimum deposit, you’re slightly better served by iGObanking at the moment.

Last but not least, Connexus has one more goodie in its bag – this one for savers who are willing to open an active checking account with the credit union.

With a slightly higher $10,000 minimum and active checking, Connexus’ 36-month certificate is paying 1.75% APY, which outdoes the trio of banks offering 1.66% APY.

Beyond nationwide eligibility earned with a $5 donation, membership 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 13 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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