CornerstoneCU - Together for a Thriving Saskatchewan

Our new name and CEO have been announced!

We are pleased to announce that our new name is Conexus Credit Union and Celina Philpot has been appointed as Chief Executive Officer of the new credit union!

Member News

Dear valued members,

We are pleased to share an exciting milestone in our journey toward building a stronger, more resilient credit union for Saskatchewan! Following a successful member vote, Conexus, Cornerstone and Synergy Credit Unions will officially merge to form a new credit union on January 1, 2026.

The Boards of the three credit unions agreed to select both the name and CEO from the existing credit unions.

While each of our names and brands carry strength and pride, only one could be chosen for our new journey together. We are pleased to announce that the new entity will be called Conexus Credit Union. This name was selected after a thorough market assessment confirmed it resonates most strongly with people across Saskatchewan. With deep roots in communities throughout the province, Conexus is widely recognized, trusted, and recommended by many for their banking needs.

We are also excited to share that Celina Philpot has been appointed as Chief Executive Officer of the new credit union. Celina currently serves as CEO of Conexus Credit Union and brings many years of strong leadership experience and collaborative spirit to the role. Doug Jones, CEO of Cornerstone, and Trevor Beaton, CEO of Synergy, look forward to supporting Celina as she steps into this new role and leads the new credit union forward.

Together, we will serve over 200,000 members, through 57 branches, across 50 communities, with $15 billion in assets under management and a team of 1,400 employees across Saskatchewan. This merger continues the legacy of three successful organizations, rooted in cooperative values and a shared vision of member and community empowerment.

As we move into the next phase of integration, we’re starting to plan how we might align systems, products, services, and operations to deliver an enhanced experience for all members. While we can’t begin implementation until we are legally one credit union, we’re laying the groundwork and will continue to share updates as more details become available.

Doug and Trevor will continue in their roles as Cornerstone and Synergy CEOs, respectively, until the three credit unions become one on January 1, 2026.

Sincerely,

Heidi Schofer
Board Chair

For more details on the benefits of the merger, visit any of our branches, visit our website at www.cornerstonecu.com or go to www.thrivingtogethersk.ca.    

Want to Learn More?

To learn more and for continued updates on our progress, visit any of our branches or our shared website www.thrivingtogethersk.ca.

Visit our Merger Microsite

Our Commitment to Members

We will prioritize investment in our digital banking, adding new functionality to deliver an experience that is easy, secure, and offers convenient access.

Our combined network has no overlap, allowing us to be sustainable without closing locations as part of this merger. We will serve Saskatchewan with 57 branch locations in 50 communities - giving you more ways to bank where, when, and how you want.

We will offer low to no-fee options that are accessible to all while still offering competitive rates and fees.

We will share our profits through a modern rewards program - putting money back in our members’ pocket.

Your trusted advisors remain local—local people, serving local members. Decision-making will remain rooted in the communities we serve.

We will have increased financial capacity so as your farm or business grows, we will grow with you!

We will expand access to specialized expertise like wealth management, estate services and mobile mortgage specialists.

Our team will be empowered with the required technology and insights to provide proactive, needs-based advice and solutions tailored to your financial goals.

Our profits stay local, with 5% of pre-tax earnings reinvested into our local communities further strengthening Saskatchewan. We remain committed to making a positive impact through sponsorships, volunteering and community support.

The merger will create new opportunities for current and future employees. We’re committed to retain engaged team members, invest in career development, explore new growth potential, and be a top employer in Saskatchewan.