TellerScore

Headquartered in North Haven, Connecticut, Connex Credit Union is a federally insured state-chartered credit union with $1.1B in total assets and $902.6M in member shares and deposits as of Q2 2026. It operates 10 offices across 2 states. Its charter dates back to 1940.

Connex Credit Union has a TellerScore of 59 out of 100 (moderate) based on Q2 2026 data — higher than only 22% of its 454 credit unions with $1 billion – $10 billion. Among 64 credit unions headquartered in Connecticut, it ranks 50th. Problem-loan coverage contributes the most (89/100, 5.4%); earnings contributes the least (36/100, 0.41%).

TellerScore · Q2 2026

Scorecard

Capital cushion44/100
Net worth ratio: 9.43%
Loan quality81/100
Loans 60+ days delinquent ÷ total loans: 0.56%
Earnings36/100
Return on assets (annualized): 0.41%
Funding & liquidity61/100
Loans ÷ shares: 99.1% · 9.4% uninsured
Problem-loan coverage89/100
Delinquent loans + foreclosed assets ÷ (net worth + loan-loss reserves): 5.41%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score rose 5 points (54 → 59), mostly because the earnings component improved by 7 points.

TellerScore
525659Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202455
Q3 202454
Q4 202452
Q1 202553
Q2 202554
Q3 202555
Q4 202557
Q1 202657
Q2 202659
Net worth ratio
7.00%8.24%9.48%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNet worth ratio
Q2 20249.06%
Q3 20249.15%
Q4 20248.97%
Q1 20258.98%
Q2 20258.99%
Q3 20259.17%
Q4 20259.48%
Q1 20269.39%
Q2 20269.43%
Delinquent loans (60+ days)
0.55%0.70%0.85%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterDelinquent loans (60+ days)
Q2 20240.58%
Q3 20240.85%
Q4 20240.83%
Q1 20250.61%
Q2 20250.72%
Q3 20250.75%
Q4 20250.74%
Q1 20260.55%
Q2 20260.56%
Return on assets
-0.02%0.19%0.41%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.17%
Q3 20240.24%
Q4 20240.11%
Q1 2025-0.02%
Q2 20250.22%
Q3 20250.31%
Q4 20250.36%
Q1 20260.19%
Q2 20260.41%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202659$1.1B9.43%0.56%0.41%99.1%
Q1 202657$1.0B9.39%0.55%0.19%99.1%
Q4 202557$1.0B9.48%0.74%0.36%101.7%
Q3 202555$1.1B9.17%0.75%0.31%103.5%
Q2 202554$1.1B8.99%0.72%0.22%101.8%
Q1 202553$1.0B8.98%0.61%-0.02%101.1%
Q4 202452$1.0B8.97%0.83%0.11%103.3%
Q3 202454$1.0B9.15%0.85%0.24%102.3%
Q2 202455$1.0B9.06%0.58%0.17%102.9%

454 peers · $1 billion – $10 billion

How it compares with peers

Percentile against credit unions of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio9.43%
18th
Problem loans0.56%
64th
Net charge-offs0.18%
86th
Return on assets0.41%
17th
Loans to deposits99.1%
17th
Uninsured deposits9.4%
50th
Loan-loss reserves0.00%
50th
Texas ratio5.4%
42nd

Similar-size credit unions in Connecticut

InstitutionScoreAssetsCapitalProblem loansCompare
Sikorsky Financial Credit UnionCredit union Stratford, CT84 out of 100, Strong$1.5B12.9%0.25%vs
Charter Oak Federal Credit UnionCredit union Waterford, CT85 out of 100, Very strong$1.7B12.5%0.50%vs
Connecticut State Employees Credit UnionCredit union Hartford, CT69 out of 100, Moderate$2.7B8.7%0.21%vs
American Eagle Financial Credit UnionCredit union East Hartford, CT66 out of 100, Moderate$2.8B9.9%0.57%vs

Deposit insurance

Is my money safe at Connex Credit Union?

Yes. Connex Credit Union is a federally insured credit union (NCUA charter #68511). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

An estimated 9.4% of shares and deposits ($84.6M) are above the $250,000 NCUA insurance limit, close to the peer median of 9%. Insured balances are protected regardless of the score.

The net worth ratio is 9.43%, above the 7% level regulators use as the "well capitalized" benchmark for this measure.

Check how much of your own balance is covered

10 locations

Branches

Connex Credit Union lists 10 offices in 9 cities across 2 states. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, Connex Credit Union reported 857 home-loan applications under HMDA (LEI 549300CA0J0Z7OFQBG71): 524 originated ($52,070,000 total), 245 denied, and 57 withdrawn or closed by the applicant. Its denial rate on decided applications was 30.6%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
Connex Credit Union
Type
Federally insured state-chartered credit union
NCUA charter #
68511
RSSD ID
523871
Primary regulator
State + NCUA
Established
1940
Headquarters
412 Washington Ave, North Haven, CT 06473
Employees
153

Quick answers

Connex Credit Union: common questions

Is Connex Credit Union NCUA insured?

Yes. Connex Credit Union is a federally insured credit union (NCUA charter #68511). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

What is Connex Credit Union's TellerScore?

59 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

How many branches does Connex Credit Union have?

10 offices as of the latest NCUA data, in 2 states.

Nearby

Highest-scoring banks and credit unions with branches near North Haven

InstitutionScoreAssetsCapitalProblem loansCompare
State Police Credit Union Inc.Credit union Meriden, CT91 out of 100, Very strong$84.0M15.1%0.06%vs
Waterbury Connecticut Teachers Federal Credit UnionCredit union Waterbury, CT91 out of 100, Very strong$365.2M17.1%0.26%vs
New Haven Teachers Federal Credit UnionCredit union New Haven, CT90 out of 100, Very strong$10.2M32.0%0.13%vs
New Haven Firefighters Credit UnionCredit union New Haven, CT89 out of 100, Very strong$5.9M26.3%0.00%vs
Bridgeport Police Federal Credit UnionCredit union Bridgeport, CT86 out of 100, Very strong$29.6M18.7%1.65%vs
Sikorsky Financial Credit UnionCredit union Stratford, CT84 out of 100, Strong$1.5B12.9%0.25%vs