The proposed merger between Conexus, Cornerstone and Synergy Credit Unions is proceeding with the preparation of the voting period for members. Voting for the recommended “Together for a Thriving Saskatchewan” merger will take place starting June 3 through to June 13, states a joint release from the credit unions.
“This merger is the next chapter in the storied credit union history in Saskatchewan. We encourage members to vote – we believe that this merger will allow us to make the necessary investments to remain strong, competitive and committed to meeting the needs of members both today and for years to come,” says Conexus Credit Union Board Chair Ken Kosolofski.
The joint statement notes that Conexus, Cornerstone, and Synergy Credit Unions believe that merging will create a stronger, more resilient credit union that remains member-focused and upholds our shared values.
Prior to the vote, members of the three credit unions are invited to register for a special meeting by visiting their respective websites. The meeting will officially open the voting period and will include a question-and-answer opportunity. Details on how to vote will be presented at that virtual meeting.
“One of the foundational cooperative principles is ‘democratic member control.,’" affirms Conexus Credit Union CEO Celina Philpot. "This principle and the fact that over 200,000 Saskatchewan credit union members will be able to have their voice heard between June 3 and June 13 is an important differentiator between credit unions and other financial institutions.”
Along with online access to voting, members in the Humboldt region will be able to cast ballots personally at the Conexus Branches in Humboldt, Cudworth, Wakaw, and Lanigan.
More details and the registration form for the digital meeting are available at these websites:
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Conexus Credit Union: Conexus.ca/vote
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Cornerstone Credit Union: Cornerstonecu.com/en/vote
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Synergy Credit Union: Synergycu.ca/merger
To learn more or to ask questions, visit any branch or the shared website: thrivingtogethersk.ca