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Dear valued members,
We are pleased to share an exciting milestone in our journey toward building a stronger, more resilient credit union for Saskatchewan! Following a successful member vote, Conexus, Cornerstone and Synergy Credit Unions will officially merge to form a new credit union on January 1, 2026.
The Boards of the three credit unions agreed to select both the name and CEO from the existing credit unions.
While each of our names and brands carry strength and pride, only one could be chosen for our new journey together. We are pleased to announce that the new entity will be called Conexus Credit Union. This name was selected after a thorough market assessment confirmed it resonates most strongly with people across Saskatchewan. With deep roots in communities throughout the province, Conexus is widely recognized, trusted, and recommended by many for their banking needs.
We are also excited to share that Celina Philpot has been appointed as Chief Executive Officer of the new credit union. Celina currently serves as CEO of Conexus Credit Union and brings many years of strong leadership experience and collaborative spirit to the role. Doug Jones, CEO of Cornerstone, and Trevor Beaton, CEO of Synergy, look forward to supporting Celina as she steps into this new role and leads the new credit union forward.
Together, we will serve over 200,000 members, through 57 branches, across 50 communities, with $15 billion in assets under management and a team of 1,400 employees across Saskatchewan.This merger continues the legacy of three successful organizations, rooted in cooperative values and a shared vision of member and community empowerment.
As we move into the next phase of integration, we’re starting to plan how we might align systems, products, services, and operations to deliver an enhanced experience for all members. While we can’t begin implementation until we are legally one credit union, we’re laying the groundwork and will continue to share updates as more details become available.
Doug and Trevor will continue in their roles as Cornerstone and Synergy CEOs, respectively, until the three credit unions become one on January 1, 2026.
Sincerely,
Neil Carruthers
Board Chair
For more details on the benefits of the merger, visit any of our branches, our website, or go to www.thrivingtogethersk.ca.