Conexus Credit Union

{{Short description|Credit union based in Regina, Saskatchewan, Canada}}

{{Notability|Companies|date=October 2019}}

{{Infobox company

| name = Conexus Credit Union

| logo = Conexus Credit Union logo.svg

| type = Credit Union

| foundation =

| location_city = Regina, Saskatchewan

| location_country = Canada

| key_people = Celina Philpot, Executive Officer[https://www.conexus.ca/AboutConexus/Leadership/LeadershipTeam/ Leadership Team]

| industry = Financial services

| assets = $9.36 billion in total funds managed CAD (2021)https://www.conexus.ca/SharedContent/documents/AnnualReports/2022/2021_Annual_Report.pdf{{dead link|date=May 2025}} {{Bare URL PDF|date=March 2022}}

| num_employees = 900 [https://www.conexus.ca/Personal/AboutUs/ Conexus About Us]

| homepage = [http://www.conexus.ca/ www.conexus.ca]

}}

Conexus Credit Union is Saskatchewan's largest credit union. Conexus has over $8 billion in consolidated assets, more than 130,000 members, and 30 branches across the province.{{Cite web |url=https://www.ccua.com/~/media/CCUA/About/facts_and_figures/documents/Largest%20100%20Credit%20Unions/top100-2Q17_2-Oct-17.pdf |title=Archived copy |access-date=2018-01-23 |archive-date=2018-01-24 |archive-url=https://web.archive.org/web/20180124070706/https://www.ccua.com/~/media/CCUA/About/facts_and_figures/documents/Largest%20100%20Credit%20Unions/top100-2Q17_2-Oct-17.pdf |url-status=dead }} More than 900 employees and sales professionals are located throughout the province.https://www.conexus.ca/SharedContent/documents/AnnualReports/2017/2016_Annual_Report.pdf {{Bare URL PDF|date=March 2022}}

History

In 1937, Tom Molloy, a reporter turned labour leader organized and created the Regina Co-operative Savings and Credit Union, which later came to be named Sherwood Credit Union.{{Cite encyclopedia |url=https://esask.uregina.ca/entry/molloy_tom_1883-1959.jsp |title=Molloy, Tom (1883-1959) |encyclopedia=The Encyclopedia of Saskatchewan |publisher=Canadian Plains Research Center, University of Regina |year=2006 |access-date=2022-08-09}} Sherwood Credit Union (later Conexus Credit Union) in 1976 implemented the first automated teller machine in Canada at its two branches in Regina.{{cite news |url=https://globalnews.ca/news/1994030/10-things-you-might-not-know-about-saskatchewan/ |title=10 things you might not know about Saskatchewan |last=Giles |first=David |work=Global News |date=2015-05-27 |access-date=2022-08-09}} The project was developed for Sherwood Credit Union by the IT staff of CIS (Co-operative Insurance Services - later CGI) under contract to Saskatchewan Cooperative Credit Services (later Saskcentral). This venture involved cooperation from IBM Canada.

References

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