Members of three prairie-based credit unions will get a chance to have their say as a major merger is currently getting underway. Conexus, Cornerstone, and Synergy Credit Unions announced their merger earlier this year, which would create the largest credit union in Saskatchewan and one of the largest in Canada.
The voting period for members is set to kick off on June 3 to June 13, with members of the three credit unions eligible to vote. They can do so online and in the combined 57 branches of the three credit unions across Saskatchewan, starting on June 3 at 6:30 p.m., following a virtual Special Meeting at 5:15 p.m. that day.
Between the three credit unions, they boast 200,000 Saskatchewan members who will be able to make their voices heard.
Ken Kosolofski, the board chair of Conexus Credit Union, says the merger will be key to keeping their business viable. “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.”
Members can visit their respective credit union website for details at:
· Conexus Credit Union: Conexus.ca/vote
· Cornerstone Credit Union: Cornerstonecu.com/en/vote
· Synergy Credit Union: Synergycu.ca/merger