Conexus Credit Union


Conexus Credit Union is a Regina, Saskatchewan credit union operating in Saskatchewan
Saskatchewan's largest credit union, it has over $10 billion in consolidated assets, more than 140,000 members, and 30 branches across the province. More than 800 employees and sales professionals are located throughout the province.

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. Sherwood Credit Union in 1976 implemented the first automated teller machine in Canada at its two branches in Regina. The project was developed for Sherwood Credit Union by the IT staff of CIS under contract to Saskatchewan Cooperative Credit Services. 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. The merger was approved in June 2025, and officially took effect January 1, 2026; the merged entity will inherit the Conexus Credit Union name and will be led by its current CEO Celina Philpot.