Conexus, Cornerstone, and Synergy Credit Unions Exploring a Potential Merger

Conexus, Cornerstone, and Synergy Credit Unions are excited to formally recommend a merger to our members!

After a thorough review, the Boards of all three credit unions have unanimously approved a business case with one clear priority— our members

The world is changing. Financial services, like many other industries, is challenged by rising costs, new and intensifying competition, economic volatility, and increasing regulatory demands.  These headwinds make it harder for each credit union to go it alone while continuing to meet evolving member expectations. 

We are choosing to work together to ensure we remain strong, competitive, and committed to being a local, community focused credit union serving both today’s members and future generations.

By merging, we can better:

  • Share profits with members while maintaining competitive rates and fees.
  • Ensure long-term sustainability in a rapidly changing financial landscape.
  • Continue investing in local communities to support a thriving Saskatchewan.
  • Invest in technology so members can bank where, when, and how they want.

 

This merger is a proactive step to keep money in our members’ pockets while securing a strong future for our credit union!

Conexus, Cornerstone, and Synergy Credit Unions Recommend a Merger to Members

Conexus, Cornerstone, and Synergy Credit Unions are exploring a potential merger! This partnership aims to create a stronger, more resilient province-wide credit union that evolves with the changing needs of its members and communities.

A Joint Partnership Committee, with representatives from each of the credit unions, has been established. Their mission is to explore the synergies that will create tangible value and benefits for everyone involved, especially our employees, members, and the communities we live and work in. We firmly believe that by combining our resources and strategic investments, we can offer a differentiated and modern member experience, while gaining efficiencies that will benefit us all.