The vote was successful! Members voted in favour of the merger, marking an exciting moment in our credit union history. This begins a new and exciting chapter for our members and communities we serve.
We’re incredibly grateful for all the hard work and collaboration of teams coming together to get us to this point. This achievement wouldn’t have been possible without the effort from each of you over the last several months.
Final vote results
For transparency, we’re sharing the final voting results for the merger.
Conexus – 10,146 votes, 7.53% of eligible voters, 87.5% in favour
Cornerstone – 4,754 votes, 17.18% of eligible voters, 86.5% in favour
Synergy – 5,083 votes, 19.21% of eligible voters, 88.7% in favour
Next steps
Now that the merger has been approved by our members, over the coming months we will finalize the required legal and regulatory processes and announce the CEO and the credit union name.
We understand that employees have a lot of questions about what’s next, and how this may affect them, and that is completely normal. Following the CEO announcement at the end of July, they will need to take some time to plan for the new credit union – including integration, organizational structure, roles and other key areas. Timelines for this work have not yet been established, but we will communicate as we always have, openly and transparently as this information becomes available.
The rest of 2025
For now it’s business as usual. While cooperatives have a history of working together, it’s important to remember we are still separate credit unions until January 1, 2026. So, while we know what the future holds, we are still bound to competition bureau requirements and cannot share market competitive data.
Continue to serve and support our members and our team members as we always have! Summer is here, time when we rest and recharge, and we all deserve a bit of that.