Three Saskatchewan credit unions unite under Conexus leadership
Three major credit unions—Conexus, Cornerstone, and Synergy—have officially voted in favor of merging, setting the stage for a stronger and more unified credit union in Saskatchewan. The new entity will be called Conexus Credit Union, a name chosen for its strong recognition, trust, and positive image across the province.
The Boards of Directors selected the name after conducting thorough market research. They concluded that Conexus best represents a shared vision to grow together and serve members across Saskatchewan with strength and purpose.
The Boards have also appointed Celina Philpot as the Chief Executive Officer of the new credit union, effective January 1, 2026. Celina currently serves as the CEO of Conexus Credit Union and brings years of experience, a collaborative approach, and a strong focus on community service.
“I’m honoured to lead the new Conexus Credit Union into this exciting next chapter. This merger marks a powerful commitment to our members and communities across Saskatchewan. I’m deeply grateful for the trust placed in me and look forward to working alongside our dedicated employees and Board to build a stronger, more resilient credit union that is deeply rooted in community and focused on the future,” said Celina Philpot, CEO of Conexus Credit Union.
Leaders from Cornerstone and Synergy Credit Unions—Doug Jones and Trevor Beaton—fully support this appointment and will assist in ensuring a smooth transition. Both will remain in their current roles until the merger becomes official in January 2026.
The unified Conexus Credit Union will have $15 billion in assets, serve over 200,000 members, operate 57 branches in 50 communities, and employ 1,400 people across the province.
The next steps include aligning systems, products, and operations to create a better experience for all members. The merger is rooted in cooperative values and aims to empower members and communities across Saskatchewan.
Photo Credit: conexus-ttsk