Conexus Credit Union
| File:Conexus Credit Union logo.svg | |
| Company type | Credit Union |
|---|---|
| Industry | Financial services |
| Headquarters | , |
Key people | Celina Philpot, Executive Officer[1] |
| Total assets | $10.35 billion in total funds managed CAD (2024)[2] |
Number of employees | 800 [3] |
| Website | www.conexus.ca |
Conexus Credit Union is a Regina, Saskatchewan credit union operating in Saskatchewan
Saskatchewan's largest credit union, it has over $10 billion in consolidated assets, more than 140,000 members, and 30 branches across the province.[4] More than 800 employees and sales professionals are located throughout the province.[5]
History
[edit | edit source]In 1937, Tom Molloy, a reporter turned labour leader organized and created the Regina Co-operative Savings and Credit Union, which later came to be named Sherwood Credit Union.[6] Sherwood Credit Union (later Conexus Credit Union) in 1976 implemented the first automated teller machine in Canada at its two branches in Regina.[7] The project was developed for Sherwood Credit Union by the IT staff of CIS (Co-operative Insurance Services - later CGI) under contract to Saskatchewan Cooperative Credit Services (later Saskcentral). This venture involved cooperation from IBM Canada.
In April 2025, Conexus, Yorkton-based Cornerstone Credit Union, and Lloydminster-based Synergy Credit Union, announced their intent to merge, pending member and regulatory approval.[8] The merger was approved in June 2025, and will officially take effect January 1, 2026; the merged entity will inherit the Conexus Credit Union name and be led by its current CEO Celina Philpot.[9]
References
[edit | edit source]- ^ Leadership Team
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- ^ Conexus About Us
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