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Conexus Credit Union
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Company type | Credit union |
|---|---|
| Industry | Financial services |
| Founded | 1937 |
| Headquarters | , |
Key people | Celina Philpot, CEO[1] |
| Total assets | $10.35 billion CAD in total funds managed (2024)[2] |
Number of employees | 800[3] |
| Website | conexus |
Conexus Credit Union is a credit union based in Regina, Saskatchewan, operating throughout the province. As Saskatchewan's largest credit union, it has over $10 billion in consolidated assets, more than 140,000 members, and 30 branches.[4] The institution employs over 800 staff and sales professionals across Saskatchewan.[5]
History
[edit]In 1937, Tom Molloy, a reporter turned labour leader, organized the Regina Co-operative Savings and Credit Union, which was later renamed Sherwood Credit Union.[6] In 1976, Sherwood Credit Union (which later became Conexus Credit Union) introduced the first automated teller machine (ATMs) in Canada at its two Regina branches.[7][8] The project was developed by the IT staff of CIS (Co-operative Insurance Services, later CGI) under a contract with Saskatchewan Cooperative Credit Services (later Saskcentral), in collaboration with 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.[9][10] The merger was approved in June 2025,[11][12] and officially took effect January 1, 2026. The newly merged entity retained the Conexus Credit Union name and is led by CEO Celina Philpot.[13][14]
References
[edit]- ^ Leadership Team
- ^ "2024 Annual Report" (PDF). conexus.ca. Retrieved 2 October 2025.
- ^ Conexus About Us
- ^ Brizland, Sandra (2017). "The Largest 100 Credit Unions / Caisses Populaires" (PDF). Archived from the original (PDF) on 2018-01-24. Retrieved 2018-01-23.
- ^ "2024 Annual Report" (PDF). www.conexus.ca. Archived (PDF) from the original on 2025-08-10. Retrieved 2025-09-18.
- ^ Cory, Toth. "Molloy, Tom (1883-1959)". esask.uregina.ca. Encyclopedia Of Saskatchewan. Archived from the original on 2019-11-18. Retrieved 2026-05-22.
- ^ Giles, David (2015-05-27). "10 things you might not know about Saskatchewan". Global News. Archived from the original on 2019-02-28. Retrieved 2022-08-09.
- ^ "The first ATM in Canada". wdm.ca. Archived from the original on 2026-02-12. Retrieved 2026-05-22.
- ^ "Selling job begins for major credit union merger". SaskToday.ca. 2025-04-14. Archived from the original on 2025-04-14. Retrieved 2025-07-24.
- ^ "Conexus, Cornerstone and Synergy Credit Unions officially merge, creating one of Saskatchewan's largest financial cooperatives". DiscoverHumboldt. Archived from the original on 2026-01-07. Retrieved 2026-05-22.
- ^ "Conexus, Cornerstone, and Synergy credit unions begin merger following member vote". DiscoverEstevan. Archived from the original on 2025-06-20. Retrieved 2026-05-22.
- ^ "Yes to merger for Conexus, Cornerstone, Synergy". SaskToday.ca. Archived from the original on 2026-01-05. Retrieved 2026-05-22.
- ^ "Conexus to be name of new merged Credit Union". SaskToday.ca. 2025-07-23. Archived from the original on 2025-08-10. Retrieved 2025-07-24.
- ^ "Merger now official for the new expanded Conexus Credit Union". MooseJawToday.com. Archived from the original on 2026-05-21. Retrieved 2026-05-22.