For the third year in a row, Connexus made nationally recognized finance website Bankrate’s list of the top 10 best credit unions in the nation. To make their selections for this year’s list, Bankrate used a methodology that “analyzed and scored credit unions across the nation based on a variety of factors including product selection, APY offerings, account fees, mobile features and more.” Read on to learn why Connexus Credit Union was named to this prestigious list of the best credit unions in the US. Why Bankrate selected Connexus for their Top 10 Best Credit Unions List In their review, Ba ..read more

With their traditionally high yields, investment accounts like 401(k)s, mutual funds, or IRAs are an excellent tool for building wealth over a long period of time. However, to reap the full financial benefits of these accounts, your money needs to stay put — in some cases, for decades — in order to see decent yields and avoid penalties for early withdrawals. For that reason, it’s wise to have a separate, more accessible savings account in which you park some cash. This could be where you save for a large expense like tuition or a home improvement project, spending money for travel, or an emer ..read more

Creating and sticking to a budget is foundational to your financial success. Proper money management can help you enjoy guilt-free financial splurges without sacrificing long-term goals, such as homeownership or early retirement. But balancing essential expenses, savings, and lifestyle spending is often easier said than done.  An effective approach for new and seasoned budgeters is the 50/30/20 method. By following three simple guidelines, you can save for the future, prepare for unexpected costs, and indulge in discretionary spending with zero financial remorse.      Read ..read more

Following an evaluation of credit unions nationwide, Connexus Credit Union was named one of 2023’s Best Credit Unions by the respected personal finance website and publisher Kiplinger. Why Connexus Made the List  Kiplinger’s article highlighted several reasons why Connexus made this exclusive list alongside two other nationally recognized credit unions. The write-up noted that all our checking accounts are free and that our Xtraordinary Checking Account offers members up to 1.75% APY‍1 when monthly activity requirements are met. Kiplinger also mentioned that Connexus offers ..read more

In recent years, “Buy Now, Pay Later” (BNPL) services including Klarna, Affirm, and Afterpay, have become increasingly popular among shoppers. These programs offer the ability to make purchases upfront and then pay for them in installments, often with little or no interest costs. While BNPL services may provide a convenient way to purchase goods and services, there are some downsides. This article will explore the pros and cons of Buy Now, Pay Later programs, so you can decide if this payment option is right for you. Pros of “Buy Now, Pay Later” Services Let’s start by considering some of the ..read more

By now, you’ve probably heard of phishing (fraudulent emails that trick recipients into clicking on harmful links), but are you familiar with phishing’s equally scary cousin, smishing? Smishing attacks are becoming more and more frequent, so it’s good to be aware of how these common scams work — and how you can avoid becoming a victim. Keep reading to learn how to avoid falling into a smisher’s net. What is Smishing? The word “smishing” is a combination of the words “SMS” and “phishing.” SMS refers to “short messaging service,” more commonly known as text messaging. In a smishing attack, frau ..read more