Last Updated: 04/18/2025
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Highlights
APY (Annual Percentage Yield)
0.30% - 3.00%(Verified 06/21/2024)
Minimum Balance to Earn APY
$0.01
Minimum Opening Deposit
Starting at $0
Connex CU Money Market Accounts Review
Connex CU Money Market Accounts is offered by Connex Credit Union, a credit union founded in 1940 and based in North Haven, CT. connex money market accounts are available in 50 states and Washington, DC.
Key Takeaways
- Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 3.00%, which is much higher than the national average for a money market account. However, you must keep a minimum balance of $0.01.
- $0 monthly account fees available. This account charges a monthly fee of up to $8.99.
- No minimum initial deposit. There is no minimum balance required to open an account.
Pros & Cons of Connex CU Money Market Accounts
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Connex CU Money Market Accounts FAQ
Are money market accounts from connex credit union federally insured?
Yes, your money market accounts are insured up to $250,000 per share owner for each account ownership category. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.
What are the dividends for connex money market accounts rates?
connex money market accounts offers an APY starting at 0.30% and ranging up to 3.00% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $0.01.
| Rates | Amount |
| APY (Annualized Percentage Yield) | 0.30% - 3.00% |
What are the fees for Connex CU Money Market Accounts?
This account charges a monthly maintenance fee of up to $8.99.| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monthly Maintenance Fee | $0 - $8.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the minimum balance for connex money market accounts?
No minimum initial deposit. Connex Credit Union does not require a minimum initial deposit to open an account.
Interest rate minimum balance of $0.01. You must keep the account balance above $0.01 to earn interest.
What features and perks does connex money market accounts offer?
This account includes the following features:
- Nationwide ATM network - connex money market accounts allows you to access your money from an ATM, a convenient feature only a few offer.
What is the customer service phone number?
The customer service number for this account is (203) 603-5700.
What is the support contact email?
The support contact email for this business credit card is support@etpcu.org.
How to open an account with Connex Credit Union
- Visit the Connex Credit Union website.
- Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
- Check the information is accurate and submit your application.
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Hours of Operation
SundayClosedMonday8:00AM - 3:00PMTuesday8:00AM - 3:00PMWednesday8:00AM - 3:00PMThursday8:00AM - 6:00PMFriday8:00AM - 5:00PMSaturday9:00AM - 12:00PM
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Other Money Market Accounts from Connex Credit Union
Rating not yet determined
APY (Annual Percentage Yield)
0.30% - 3.00%
Disclaimer popup with additional information
Minimum Balance to Earn APY
$25
Minimum Opening Deposit
Starting at $0
Rating not yet determined
APY (Annual Percentage Yield)
0.00% - 0.30%
Disclaimer popup with additional information
Minimum Balance to Earn APY
$250
Minimum Opening Deposit
Starting at $250
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