North Haven's Connex Credit Union Expand ATM Network

Credit Union 24 announced today that Connex Credit Union, based in North Haven, Conn., has joined the nation’s largest credit union-owned fee-free ATM and point-of-sale network.  Connex Credit Union now provides its members with access to thousands of fee-free ATMs and hundreds of thousands of point-of-sale terminals at major merchants nationwide, giving members unprecedented access to their funds. 

“Our strategic decision to join the Credit Union 24 network was based on providing our members the convenient, fee-free access they need to their funds,” said John Edwards, president of Connex Credit Union.  “Furthermore, this partnership positions us more competitively in our market, as nationwide the financial access we can now offer is typically a feature of much larger financial institutions.  We are now better able to serve our current members and continue to grow our membership with this service offering.”

Founded as Southern New England Financial Credit Union, Connex Credit Union has been active in the New Haven community since 1940 when it was established to serve SNET employees and their families.  Today, Connex Credit Union has grown to more than 44,000 members with assets of more than $363 million, and provides unique services that meet the specific needs of its members, such as free online and telephone banking services, low fees and competitive rates on loans, mortgages and deposit products, and traditional checking and savings accounts.

“We are proud to partner with a credit union that embraces the foundation of the credit union movement by providing the specific financial needs of its members/owners and helping ensure their financial success,” said Jim Park, president and CEO of Credit Union 24.  “Now members of Connex Credit Union will have the best of both worlds:  local, personalized financial services that meet their needs as well as nationwide, fee-free access to those services via our credit union-owned ATM and point-of-sale network.” 

About Credit Union 24, Inc.

Credit Union 24 is a credit union-owned, full-service EFT network that brings nationwide ATM and point-of-sale (POS) access to credit unions.  Founded as a credit union alternative, Credit Union 24 offers a flexible, cooperative EFT environment designed to empower credit unions to attract and retain members.  Credit Union 24 is the only national credit union-owned POS network. Credit Union 24 also counts more than 300,000 ATM locations nationally and internationally, many of them deposit-taking, and offers the nation’s largest surcharge-free ATM access with nearly 70,000 locations. For more information about credit Union 24, please visit www.cu24.com.