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. The institution employs over 800 staff and sales professionals across Saskatchewan.
History
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. 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. 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. The merger was approved in June 2025, and officially took effect January 1, 2026. The newly merged entity retained the Conexus Credit Union name and is led by CEO Celina Philpot.
