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Connexus Credit Union

Connexus Credit Union is a member-owned cooperative returning profits to members across all 50 states through high-yield deposits and low-rate loans.

Connexus Credit Union

Connexus Credit Union helps members reach their financial goals with higher yields, lower rates and innovative online services.

General information

Firm type

other

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Wausau

Corporate office

Wausau, WI, United States

Additional offices

Austin, TX · Lake Jackson, TX · Des Moines, IA · Boca Raton, FL

Frequently asked questions

Who governs Connexus Credit Union?

Connexus is governed by two leadership groups: a Board of Directors elected by the membership and a Senior Leadership Team responsible for day-to-day operations. Both groups exist to serve member interests rather than external shareholders, consistent with the credit union charter. Individual board or executive names are not publicly listed on the firm's website.

How does Connexus return profits to its members?

As a not-for-profit cooperative, Connexus returns surplus funds to member-owners through higher dividend rates on deposit products, reduced interest rates on loans, and ongoing enhancements to its Digital Banking platform. This contrasts with investor-owned banks that distribute profits to shareholders. Specific dividend rates and loan pricing are published on the firm's website and vary by product.

What philanthropic structures does Connexus maintain?

Connexus operates a philanthropic program called Connexus Cares, which has donated over $12.5 million to organizations supporting humanitarian needs, at-risk youth, seniors, and veterans. The credit union also offers a Volunteer Time Off program that has logged more than 18,800 employee volunteer hours. Donations target nonprofits nationwide, consistent with the firm's 50-state member base.

Is Connexus a single-family office or does it manage third-party capital?

Neither. Connexus is a federally insured credit union — a member-owned cooperative that takes deposits and makes loans to its member-owners. It does not operate as a family office, asset manager, or institutional allocator. Its capital comes exclusively from member deposits, and its surplus is returned to those same members rather than distributed to external investors.

Does Connexus participate in fund commitments or direct investments?

Connexus does not make fund commitments or direct investments in the sense that a family office or institutional allocator would. Its deployment consists of consumer loan origination — auto, personal, and home loans — funded by member deposits. The credit union does not disclose a venture capital, private equity, or hedge fund investment program.

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