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Neighbor News

Connex Credit Union Recognized as Industry Leader by BauerFinancial, Inc.

Credit union awarded "superior" five-star rating for 2016 performance

Connex Credit Union is proud to announce it has been designated a Five-Star “Superior” organization by BauerFinancial, Inc., the nation’s leading independent bank and credit union rating and research firm. This award is reserved for financial institutions that excel in capital, asset quality, profitability and other fiscal areas.

This rating is based on Connex’s 2016 performance in which the credit union grew to nearly 50,000 members, added more than $2 million in capital and approached $500 million in assets – a plateau that was eventually reached earlier this year. With this recognition, Connex solidifies itself as a safe and financially sound credit union operating well above regulatory capital requirements.

“It is a tremendous honor to be recognized by BauerFinancial for our unwavering commitment to providing superior products and services,” said Carl Casper, executive vice president and chief operating officer, Connex Credit Union. “This dedication is one of the core values of our credit union and has enabled us to remain prosperous despite a tough economic landscape.”

BauerFinancial compiles its data from information reported to the National Credit Union Administration (NCUA), the governing federal agency for credit unions. For more information about BauerFinancial, please visit its website at bauerfinancial.com or call 800-388-6686.

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For more information on Connex Credit Union, or to discover how they can help you reach your financial goals, please visit connexcu.org or call 1-800-CR-UNION.

About Connex Credit Union:

Find out what's happening in North Havenfor free with the latest updates from Patch.

As the Unbank, Connex Credit Union is one of Connecticut’s largest credit unions serving more than 48,000 members at 7 branches throughout greater New Haven. Headquartered in North Haven, Connecticut, Connex is a full-service member-owned credit union that offers members a full-range of financial services and products, including savings and loans, Unbank Checking, Smart Score credit score range, free online and mobile banking and more. Membership is open to anyone who lives, works, attends school or worships in New Haven, Hartford, Middlesex or Fairfield Counties. Connex Credit Union helps guide and improve members’ financial lives through the Connex Advocacy Promises: We will always work in your best interest; we will work with you to understand your goals, identify your financial needs and provide solutions to improve your life; and we will be responsive to you and make your experience simpler, faster and friendlier. It’s time to Unbank! For more information, please call 1-800-CR-UNION or visit connexcu.org.

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