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Connex CU Selects Participants for the 3rd Season of ConneXfactor
Posted on May 4th, 2016

​NORTH HAVEN, Conn. (May 4, 2016) – Managing one’s finances can be an incredibly daunting task, and without the proper guidance it is not uncommon for them to spiral out of control. As part of its commitment to customer advocacy, and its philanthropic ConnexCares program, Connex Credit Union has developed the ConneXfactor competition to give their members the resources necessary to take control of their financial lives.
ConneXfactor, now in its third year, is a financial fitness competition where five individuals compete to see who can improve their fiscal situation the most over the next 5 months. Each participant is paired with a Connex financial advocate who acts as a coach, providing them with tips and guidance throughout the duration of the contest. The participant who emerges with the healthiest financial situation will receive a grand prize of $3,000. Additionally, first place will win $1,000 and second place will collect $500.
After receiving more than 140 applications, Connex has selected the five participants who have been awarded an opportunity to develop and achieve their fiscal goals. The contestants are:
Natalya C.- B.
Natalya is a 29-year-old married mother of two who will soon be welcoming a third child into the family. She is currently obtaining her master’s degree from Southern Connecticut State University. When she is not in class, she works part-time as a mentor for public schools. Her ConneXfactor goals are to take the next step and earn $1,000 from a summer job, pay down half of her credit card, and save $1,000 in a special purpose account
Ruth C.
Ruth is a 44-year-old divorcee currently working full time at Yale and supplementing her income with a part-time job at Target. Her goals are to reduce her credit card debt by $3,000 while also putting away $625 in an emergency account. In the near future, she would like to become a homeowner, so she also hopes to save $500 towards a down payment on a home.
Jennifer J.
Jennifer is 23 years old, single, and working full-time as an administrative assistant. She also works part-time as a bartender for special events at Yale. During the competition, she hopes to make progress towards financial freedom by increasing her credit score, paying an extra $1,000 on her student loans and saving $750 in a special purpose account.
Christine C.
Christine is a 40-year-old married mother of three. When she’s not busy being a mom, Christine is hard-at-work running her own business. Her goals are to save towards her children’s education and contribute $3,000 towards her retirement. She also wants to save $3,000 for a life insurance payment.
Marilisa A.
Marilisa is 26, single, and currently working as a police officer. When she is off-duty, she is in school studying to obtain a master’s degree. During ConneXfactor, she aims to increase her credit score, pay $4,000 towards her credit card debt and build a savings of $3,500.
“Congratulations to these five contestants who have earned an opportunity to work closely with a Connex financial advocate to reconstruct their fiscal situation and improve their lives,” said Carl J. Casper, vice president of customer advocacy, Connex Credit Union. “At Connex, we are committed to customer advocacy, and with ConneXfactor our financial advocates aim to help these contestants take the first major step towards a healthy financial future.”
Although the contest only features five contestants, Casper stressed that anyone can participate and learn something from ConneXfactor through the website or by visiting a Connex branch. “The ConneXfactor website features a wealth of information and resources for anyone with the desire to better their own financial situation. Those who wish to obtain a similar experience as the participants can do so by visiting a Connex branch and speaking with one of our knowledgeable financial advocates,” added Casper.
For complete updates on the competition and financial tips, please visit the ConneXfactor website at www.connexfactor.com.

About ConnexCares:
ConnexCares is Connex Credit Union’s charitable and philanthropic program. The mission through ConnexCares is to promote financial literacy, well-being and understanding to our members and the greater communities Connex serves.
About Connex Credit Union:
As the Unbank, Connex Credit Union is one of Connecticut’s largest credit unions serving more than 45,000 members at 7 branches throughout greater New Haven. Headquartered in North Haven, Connecticut, Connex is a full-service member-owned credit union that offers members a full-range of financial services and products, including savings and loans, Unbank Checking, Smart Score credit score range, free online and mobile banking and more. Membership is open to anyone who lives, works, attends school or worships in New Haven, Hartford, Middlesex or Fairfield Counties. Connex Credit Union helps guide and improve members’ financial lives through the Connex Advocacy Promises: We will always work in your best interest; we will work with you to understand your goals, identify your financial needs and provide solutions to improve your life; and we will be responsive to you and make your experience simpler, faster and friendlier. It’s time to Unbank! For more information, please call 1-800-CR-UNION or visit connexcu.org.

About Connex Credit Union:
As the Unbank, Connex Credit Union is one of Connecticut’s largest credit unions serving more than 45,000 members at 7 branches throughout greater New Haven. Headquartered in North Haven, Connecticut, Connex is a full-service member-owned credit union that offers members a full-range of financial services and products, including savings and loans, Unbank Checking, Smart Score credit score range, free online and mobile banking and more. Membership is open to anyone who lives, works, attends school or worships in New Haven, Hartford, Middlesex or Fairfield Counties. Connex Credit Union helps guide and improve members’ financial lives through the Connex Advocacy Promises: We will always work in your best interest; we will work with you to understand your goals, identify your financial needs and provide solutions to improve your life; and we will be responsive to you and make your experience simpler, faster and friendlier. It’s time to Unbank! For more information, please call 1-800-CR-UNION or visit connexcu.org.


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