Conexus Credit Union

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

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

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]