Who’s Ready for Homeownership? As we head into peak home-buying season, Connex has some fundamental tips for buying a home in Connecticut’s robust real estate market. In addition, Connex is offering its members who are first-time homebuyers up to $1,000 credit at closing. “Buying a home is a huge step, and it’s important to understand... Continue Reading →
It’s Credit Union Youth Month!
April is Credit Union Youth Month! Providing financial education embodies the Credit Union movement’s ‘people-helping-people’ philosophy. The theme for this year’s Youth Month is “Be a Credit Union Saver and Your Savings Will Never Go Extinct.” Together, we’re encouraging our youngest members to open their own savings account (with a parent or guardian’s help), begin... Continue Reading →
Building a Healthy Financial Foundation
How many pieces do you have in place? Provided by William DeBille When you read about money matters, you will sometimes see the phrase, “getting your financial house in order.” What exactly does that mean? When your financial “house is in order,” it means it is built on a solid foundation. It means that you... Continue Reading →
5 Smart Ways to Use Your Stimulus Check
Make a practical plan for your stimulus check! Start with these 5 smart options.
Don’t be a Mobile Payment App Victim
Did you know that the majority of PERSON to PERSON (P2P) cash applications offer zero fraud protection? These are apps such as Venmo, Cash App, etc. At Connex, we have noticed an increase in incidences where credit union members have been taken advantage of that involve P2P applications . If you haven't read the fine... Continue Reading →
5 Ways to Pay a Large Medical Bill
Negotiate for a lower bill. Ask your health care provider to lower or waive some fees. You can find the going rate of coverage on sites like myHealthcare Cost Estimator to give you a starting point for your negotiations. According to federal law, all expenses for COVID-19 testing, copayments, and deductibles, should be covered by... Continue Reading →
The Pros & Cons of Early Retirement Plan Rollovers
Should you withdraw and reinvest your retirement plan money while you are still on the job? Provided by William DeBille, Financial Advisor Connex Investment and Retirement Services Did you know you might be able to take some or all of the money in your 401(k), 403(b), or 457 plan and roll it over into another... Continue Reading →
Ending on a High Note: ConneXfactor 2019
For six months, Connex Credit Union will be working closely with four participants to see who can become the most fiscally fit to win a $3,000 grand prize. Each participant has been paired with a Connex Financial Advocate who will offer real-world, practical advice on how to reduce debt, build savings, and many other helpful financial... Continue Reading →
Endings and New Beginnings: ConneXfactor 2019
For six months, Connex Credit Union will be working closely with four participants to see who can become the most fiscally fit to win a $3,000 grand prize. Each participant has been paired with a Connex Financial Advocate who will offer real-world, practical advice on how to reduce debt, build savings, and many other helpful financial... Continue Reading →
The End of the Financial Road: ConneXfactor 2019
For six months, Connex Credit Union will be working closely with four participants to see who can become the most fiscally fit to win a $3,000 grand prize. Each participant has been paired with a Connex Financial Advocate who will offer real-world, practical advice on how to reduce debt, build savings, and many other helpful financial... Continue Reading →