The next steps in the merger of three Saskatchewan credit unions have been taken with the selection of the name and the appointment of the new CEO, all of which will come into effect on January 1, 2026.
The Boards of Conexus, Cornerstone and Synergy Credit Unions areed to select the name and the CEO of one of the existing entities in the merger.
A joint release notes that while each of the credit union names and brands carry strength and pride, only one could be chosen for the new journey together. The Conexus brand name was chosen for the ongoing operation.
The name was selected following an independent, third-party market analysis . That process confirmed that the chosen name resonated most strongly with people across Saskatchewan. The release continued, stating the name carries deep roots in communities throughout the province, Conexus being widely recognized, trusted and recommended by many for their banking needs.
The Boards have also appointed Celina Philpot as Chief Executive Officer of the new credit union effective January 1, 2026. Celina currently serves as Chief Executive Officer 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.
“I’m honoured to lead the new Conexus Credit Union into this exciting next chapter,” said chosen CEO Celina Philpot. “This merger marks a powerful commitment to our members and communities across Saskatchewan. I’m deeply grateful for the trust placed in me and look forward to working alongside our dedicated employees and Board to build a stronger, more resilient credit union that is deeply rooted in community and focused on the future.”
The new credit union will be the largest in the province, serving over 200,000 members through 57 branches in 50 communities and managing $15 billion in assets. The next phase of the merger will focus on planning for the integration of systems, products, services and operations to deliver an enhanced experience for all members.