Connexus Credit Union

Connexus Credit Union is a member-focused not-for-profit financial institution that provides a range of banking services including checking and savings accounts, personal loans, and certificates of deposit. The credit union is dedicated to offering competitive rates and personalized financial solutions tailored to the needs of its members.

CCI Score

10.03

-0.01% April 29

Latest Event

Connexus Credit Union Workforce Reductions Amid Financial Strains

Connexus Credit Union laid off 18 employees amid significant financial challenges, following previous rounds of layoffs. This move raises concerns about the credit union's commitment to safeguarding employee welfare and stable labor practices during economic downturns.

Take Action

So what can you do? Support Connexus by shopping, spreading the word, or offering your support.

Shop Alternatives SEE ALL: Bethpage

Alliant

Deutsche Bank
Use Your Voice OTHER TOOLS
Investigate
Share the Score SUPPORT CCI

SABOTEUR

Connexus Credit Union is currently rated as a Saboteur.

+10 to +24 CCI Score

Companies in this bracket take more subtle actions to undermine authoritarian practices. They might implement internal policies or support reforms that quietly weaken oppressive systems, contributing to change in less overt ways.

Latest Events

FEB

04

2025

Connexus Credit Union Workforce Reductions Amid Financial Strains
-39.08

Connexus Credit Union laid off 18 employees amid significant financial challenges, following previous rounds of layoffs. This move raises concerns about the credit union's commitment to safeguarding employee welfare and stable labor practices during economic downturns.
-40

Labor Relations and Human Rights Practices

March 24

The decision to lay off 18 employees, following an earlier reduction of 16 positions, reflects a troubling disregard for employee job security. This action, driven by financial losses and cost-cutting measures, undermines stable labor relations and highlights potential ethical shortcomings in protecting worker rights. This is particularly concerning from an anti-fascist viewpoint, which values the protection of labor rights as a counter to exploitative practices that can contribute indirectly to broader authoritarian economic structures.

Connexus Credit Union Lays Off 18 Employees Amid Financial Challenges
FEB

03

2025

Connexus Credit Union Worker Layoffs and Impact on Labor Rights
-29.31

Connexus Credit Union laid off 18 additional workers on January 30, 2025, citing millions in monthly losses in 2024. This move has raised concerns over the institution's commitment to worker rights and ethical labor practices, potentially undermining its role in fostering a worker-centric, inclusive financial environment.
-30

Labor Relations and Human Rights Practices

March 24

The decision to eliminate 18 positions, following previous layoffs, indicates a troubling approach to labor relations. In a member-focused credit union, such significant workforce reductions, even when financially motivated, can undermine worker trust and collective bargaining power, qualities essential for resisting authoritarian economic practices. This move is assessed negatively by anti-fascist standards, as it may erode the protections and rights of workers, a vital safeguard against corporately driven authoritarianism.

Connexus Credit Union lays off more workers, citing millions in losses
JAN

01

2023

Connexus Credit Union Community Volunteer Initiative
63.39

Connexus Credit Union's 'Connexus Cares' initiative showcases the company's strong commitment to ethical practices and social responsibility by providing Volunteer Time Off (VTO) to its employees, resulting in over 14,629 volunteer hours benefiting more than 320 non-profit organizations. This community investment can be seen as a positive counter to the oppressive structures of late stage capitalism and authoritarian policies.
+80

Business Practices and Ethical Responsibility

March 24

The initiative reflects strong business practices and ethical responsibility by promoting community welfare. The program, which allows and encourages employee volunteerism, provides substantial local impact and aligns with progressive values that resist authoritarian influences. This positive practice enhances accountability and transparency in the company's operations.

Connexus Cares - Connexus Credit Union
OCT

01

2021

Connexus Credit Union New Board Leadership Emphasizes Diversity & Integrity
45.12

At its 86th Annual Meeting in 2021, Connexus Credit Union announced a new board leadership including its first female Board Chair, reflecting a commitment to diversity, ethical governance, and accountability. This move underscores the credit union's dedication to inclusive practices that counter authoritarian corporate tendencies through transparent and member-focused decision-making.
+60

Public and Political Behavior

March 24

The announcement of new board leadership, including the appointment of the first female Board Chair, demonstrates a commitment to transparent governance and diversity. This is a positive indicator of ethical public and political behavior, suggesting that the credit union is prioritizing inclusive decision-making and accountability, which are vital in resisting authoritarian corporate influences.

Connexus Credit Union announces new board of directors leadership at 2021 annual meeting
+70

Business Practices and Ethical Responsibility

March 24

The board restructuring, marked by the appointment of diverse and ethically-minded leaders, signifies strong business practices and ethical responsibility. By embracing a governance style that values diversity, inclusion, and community focus, Connexus Credit Union sets a positive example in resisting the risks of concentrated power and corporate complicity in authoritarian practices.

Connexus Credit Union announces new board of directors leadership at 2021 annual meeting