Credit union
Connexus Credit Union
Wausau, Wisconsin, Marathon County, WI
$4.1B in total assets and 417,271 members, the 124th largest of 4,298 US credit unions and 7th of 98 headquartered in Wisconsin.
- NCUA charter
- 66538
- Charter
- State chartered (WI)
- Chartered
- 1935
- NCUA insured since
- 1985
- Low-income designation
- Yes
- Website
- http://www.connexuscu.org
At a glance
Compared with 14 federally insured credit unions in Wisconsin with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This credit union | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $4.1B | 57% | $3.7B | |
| Loans | $3.3B | 57% | $2.8B | |
| Deposits (shares) | $3.6B | 64% | $3.0B | |
| Members | 417,271 | 98% | 163,724 | |
| Return on assets | 0.06% | 2% | 1.22% | |
| Net interest income to assets | 3.70% | 71% | 3.33% | |
| Efficiency ratio | 74.4% | 86% | 65.1% | |
| Net worth ratio | 7.37% | 2% | 11.55% | |
| Loans to shares | 91% | 43% | 98% | |
| Cost of deposits | 3.00% | 98% | 2.07% |
Ratios are annualized from year-to-date figures. Return on assets uses average assets, as NCUA does. Cost of deposits includes dividends on shares.
Growth
Total assets grew 11.5% a year over 10 years and 2.9% a year over the last 5, including 2 mergers in the last 10 years. Membership grew 1.5% a year over 5 years, to 417,271.
Dashed lines mark larger mergers, listed below.
Mergers and acquisitions
| Closed | Absorbed | Assets at last filing |
|---|---|---|
| Mar 2022 | Heritage Credit Union Credit union, Deforest, WI | $461M |
| Oct 2018 | Bull's Eye Credit Union Credit union, Wisconsin Rapid, WI | $153M |
| Sep 2015 | Air Line Pilots Association Federal Credit Union Credit union, Burr Ridge, IL | $169M |
| Oct 2014 | Endura Financial Federal Credit Union Credit union, Minneapolis, MN | $344M |
| Jan 2014 | Cintel Federal Credit Union Credit union, Cincinnati, OH | $64M |
| Apr 2012 | Tower Credit Union Credit union, Wausau, WI | $45M |
| Mar 2012 | Maple Hill Credit Union Credit union, Wausau, WI | $11M |
Where they operate
12 branches in 9 counties.
1 of 12 branch locations are approximate (ZIP code centers).
Largest counties by branches
| County | Branches | Share of all branches | Rank |
|---|---|---|---|
| Marathon County, WI | 3 | 4.3% | 8 of 30 |
| Dane County, WI | 2 | 1.0% | 18 of 47 |
| Winnebago County, IL | 1 | 1.2% | 19 of 31 |
| Hennepin County, MN | 1 | 0.3% | 43 of 94 |
| Barron County, WI | 1 | 4.5% | 7 of 12 |
| Portage County, WI | 1 | 2.8% | 10 of 24 |
| Price County, WI | 1 | 12.5% | 2 of 7 |
| Rusk County, WI | 1 | 14.3% | 1 of 7 |
Credit unions do not report deposits by branch, so these are branch counts: this credit union's branches against every bank and credit union branch in the county. Rank is among all banks and credit unions with a branch there.
Branches by year
| Year end | Branches | Change |
|---|---|---|
| 2016 | 13 | |
| 2017 | 13 | 0 |
| 2018 | 13 | 0 |
| 2019 | 13 | 0 |
| 2020 | 12 | −1 |
| 2021 | 12 | 0 |
| 2022 | 15 | +3 |
| 2023 | 16 | +1 |
| 2024 | 15 | −1 |
| 2025 | 15 | 0 |
| Jun 2026 | 12 | −3 |
Member-serving offices as listed in NCUA call reports. Changes include branches gained in mergers.
Earnings and credit
Return on assets
Year to date, annualized, with the peer median.
Credit and capital
| This credit union | Peer median | |
|---|---|---|
| Delinquent loans, 60+ days | 1.89% | 0.56% |
| Net worth ratio | 7.37% | 11.55% |
| Loans to shares | 91% | 98% |
Delinquent loans are two or more months past due. Net worth is NCUA's capital measure for credit unions.
Related
Credit unions of similar size in Wisconsin
Most branches in Marathon County, WI
Figures as of June 30, 2026 from the credit union's NCUA call report (Form 5300), NCUA's credit union locator and FFIEC merger records.