Company Information

Get to know Connex Credit Union

Founded in 1940 as the Southern New England Telephone Company Employees Credit Union, Connex is a full-service, not-for-profit financial institution. As a member-owned cooperative, its profits are returned to members through lower loan rates, higher savings rates, and enhanced services. The credit union's stated mission is to "improve the lives of our members, one member at a time" by providing a comprehensive suite of personal and business banking products, including checking and savings accounts, loans, mortgages, and investment services.

Industry

Financial BankingPRIMARY
Financial Other Service
Financial Payment

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Connex Credit Union

United States

Founded in

01 Jan 1940 (86 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.