Connects Federal Credit Union is an independent, not-for-profit financial cooperative. Connects FCU is owned by its members, who are shareholders. Member share deposits provide the funds for loans to members and the income from loan interest is used to meet expenses and pay dividends on member accounts.Connects is not a bank, but rather a financial cooperative. That means we are able to offer benefits, services, and savings that commercial banks do not. In fact, member companies provide Connects membership eligibility as an attractive benefit to their employees.