Conexus, Cornerstone, Synergy Merger: Name and CEO Announced

Members of Conexus, Cornerstone and Synergy Credit Unions voted last month in favour of merging, officially laying the foundation for a stronger, more resilient credit union dedicated to supporting a thriving Saskatchewan.

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

While each of the credit union names and brands carry strength and pride, only one could be chosen for the new journey together. The Boards of Directors 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.

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.

With $15 billion in assets under management, the new credit union will serve more than 200,000 members, through 57 branches, across 50 communities and will unite 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.

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.

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.

“I’m honoured to lead the new Conexus Credit Union into this exciting next chapter. 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,” said Philpot.