Overview
What is Connex Credit Union?
Connex Credit Union is a member-owned financial institution based on providing a comprehensive suite of services. With a focus on depository and lending solutions, this credit union goes beyond the basics, offering its members various financial products such as Unbank Checking, a Smart Score credit score range, and free online and mobile banking. The credit union's mission is to cater to its members' diverse financial needs, ensuring they have access to essential services and tools for managing their money effectively.
Official website here: www.connexcu.org
Is Connex Credit Union legitimate?
Connex Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Connex Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,695,035
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,027,046
For more financial information, click here
Official website here: www.connexcu.org
What is the mission statement of Connex Credit Union?
Connex Credit Union is a member-owned financial institution committed to providing a comprehensive suite of services to its members. The credit union offers various financial products and tools, with a focus on savings and lending solutions. Members have access to Unbank Checking, Smart Score credit score range, free online and mobile banking, and more. In essence, Connex Credit Union aims to empower its members to effectively manage their finances and make informed financial decisions.
Official website here: www.connexcu.org
Who is the CEO of Connex Credit Union?
Francesco Mancini is the Ceo of Connex Credit Union. The CEO's salary of Connex Credit Union is $684,890 and their total compensation is $697,090.
Official website here: www.connexcu.org
What is the revenue of Connex Credit Union?
Connex Credit Union's revenue in 2022 was $35,206,220.
Official website here: www.connexcu.org
Who are the executives of Connex Credit Union and what are their salaries?
The average compensation at Connex Credit Union during 2022 was $50,901. There are 191 employees at Connex Credit Union.
Here are 21 key members and their salaries (Connex Credit Union's CEO's salary is $684,890 and their total compensation is $697,090):
- Compensation: $3,488
- Related: $0
- Other: $0
- Compensation: $8,483
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $3,096
- Related: $0
- Other: $0
- Compensation: $1,916
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $3,109
- Related: $0
- Other: $0
- Compensation: $1,795
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $684,890
- Related: $0
- Other: $12,200
- Compensation: $162,038
- Related: $0
- Other: $2,423
- Compensation: $315,916
- Related: $0
- Other: $10,557
- Compensation: $252,034
- Related: $0
- Other: $10,283
- Compensation: $180,078
- Related: $0
- Other: $7,177
- Compensation: $167,005
- Related: $0
- Other: $5,616
- Compensation: $153,221
- Related: $0
- Other: $5,597
- Compensation: $139,011
- Related: $0
- Other: $5,458
- Compensation: $128,983
- Related: $0
- Other: $4,574
- Compensation: $128,522
- Related: $0
- Other: $3,404
- Compensation: $116,245
- Related: $0
- Other: $4,912
- Compensation: $128,711
- Related: $0
- Other: $3,932
Official website here: www.connexcu.org
Where can I find the form 990 for Connex Credit Union?
Connex Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.connexcu.org
Learn more at the official website: www.connexcu.org
Mission Statement of Connex Credit Union
Connex Credit Union, a member-owned financial institution, is dedicated to delivering a comprehensive suite of services to its members. With a mission to provide deposit and lending services, among other financial solutions, Connex Credit Union empowers its members to manage their money effectively.
Capable of offering various financial products, Connex Credit Union caters to the saving and borrowing needs of its members. The organization goes beyond the basics, providing Unbank Checking and a Smart Score credit score range as additional benefits. Furthermore, members have the convenience of utilizing free online and mobile banking services to manage their accounts at their leisure.
Connex Credit Union's commitment to its members extends beyond traditional financial services. The credit union prides itself on offering a full range of financial solutions designed to meet the diverse needs of its membership base. By prioritizing accessibility and convenience, Connex Credit Union ensures that its members have the tools they need to make informed financial decisions and build a strong financial future.
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Impact
October, 2024
Connex Credit Union plays a significant role in fostering financial well-being and empowerment within its community. Situated in North Haven, CT, it offers a comprehensive range of financial services tailored to meet the diverse needs of its members. By providing access to savings accounts, loans, and innovative products like Unbank Checking and Smart Score credit score monitoring, Connex ensures that its members can effectively manage their finances.
The credit union's commitment to accessibility is further enhanced through free online and mobile banking services, allowing members to conduct transactions conveniently and efficiently. This focus on member services promotes financial literacy and accountability, helping individuals and families make informed financial decisions.
Moreover, Connex Credit Union contributes to the local economy by offering competitive lending options, which support members in reaching their personal and financial goals. Overall, Connex Credit Union's dedication to providing valuable financial resources and fostering a supportive community environment has a lasting positive impact on the lives of its members and the broader community.
This information is meant to be a general summary of Connex Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,712,102
- Program Service Revenue: $33,494,118
- Gross Receipts: $35,206,220
Assets and Liabilities:
- Total Assets: $957,477,676
- Total Liabilities: $874,572,978
- Net Assets: $82,904,698
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$26,621,336
OPERATING FEES
Revenue
$6,576,661
INSURANCE SALES
Revenue
$171,488
INVESTMENT SERVICES
Revenue
$75,380
ATM NONMEMBERS
Revenue
$49,253
Organization Details
Founding Year
1940
Principal Officer
Francesco Mancini
Main Address
412 WASHINGTON AVENUE, NORTH HAVEN, CT, 06473
Website
www.connexcu.orgNTEE Category
Code: W60 - Public benefit
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