

The Holiday Club savings account allows you to set up a direct transfer each payday to save money over the course of the year for end-of-year holiday spending. Connexus offers digital banking tools with the ability to set up text and email alerts the mobile app enables mobile check deposit and savings goal setting. Savings account holders have access to unlimited Connexus ATM withdrawals and to 54,000+ surcharge-free ATMs. You must keep at least $5 in your savings account at all times for your account to remain active. The primary savings account is the Member Share Savings Account, a basic savings account that earns 0.25% APY so long as you maintain a $100 minimum daily balance. For account balances over $1,000, the earned APY is 0.25% for the portion of the balance above $1,000. If you want a simpler checking account, without the monthly requirements, the Innovative account is a basic checking account that does not pay dividends or offer the ATM fee rebates.įor members ages 10 through 17, the Teen account earns 2.00% APY on balances up to $1,000, without any monthly requirements or minimum balance to earn that rate. If you do not meet the use requirements, you don’t earn dividends on your balance and you’re not eligible for ATM rebates. Account holders are eligible for up to $25 per month in rebates for U.S. There is no minimum account balance required to earn dividends. The yields earned on credit union accounts are referred to as dividends rather than interest.

For account balances over $25,000, the APY ranges from 1.00% to 1.75%, depending on the amount. This account offers an APY of 1.75% if you make at least 15 debit card purchases per month or have at least $400 in debit card spending per month. The primary checking account is Xtraordinary checking, which was named one of Forbes Advisor’s Best Checking Accounts of 2022. Connexus offers three checking account options.
