Conexus Credit Union

Last updated
Conexus Credit Union
Company type Credit Union
Industry Financial services
Headquarters
Regina, Saskatchewan
,
Canada
Key people
Celina Philpot, Executive Officer [1]
Total assets $9.36 billion in total funds managed CAD (2021) [2]
Number of employees
900 [3]
Website www.conexus.ca

Conexus Credit Union is a Regina, Saskatchewan credit union operating in Saskatchewan

Contents

Saskatchewan's largest credit union, it has over $8 billion in consolidated assets, more than 130,000 members, and 30 branches across the province. [4] More than 900 employees and sales professionals are located throughout the province. [5]

History

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

  1. ↑ Leadership Team
  2. ↑ https://www.conexus.ca/SharedContent/documents/AnnualReports/2022/2021_Annual_Report.pdf%5B%5D [ bare URL PDF ]
  3. ↑ Conexus About Us
  4. ↑ "Archived copy" (PDF). Archived from the original (PDF) on 2018-01-24. Retrieved 2018-01-23.{{cite web}}: CS1 maint: archived copy as title (link)
  5. ↑ https://www.conexus.ca/SharedContent/documents/AnnualReports/2017/2016_Annual_Report.pdf [ bare URL PDF ]
  6. ↑ "Molloy, Tom (1883-1959)". The Encyclopedia of Saskatchewan. Canadian Plains Research Center, University of Regina. 2006. Retrieved 2022-08-09.
  7. ↑ Giles, David (2015-05-27). "10 things you might not know about Saskatchewan". Global News . Retrieved 2022-08-09.
  8. ↑ "Selling job begins for major credit union merger". SaskToday.ca. 2025-04-14. Retrieved 2025-07-24.
  9. ↑ "Conexus to be name of new merged Credit Union". SaskToday.ca. 2025-07-23. Retrieved 2025-07-24.


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