We’re one of Saskatchewan’s largest credit unions with 30 branches and nearly 900 employees across the province. In 2021, we managed $9.36 billion in total funds and delivered personalized banking services to over 133,000 individuals, small and medium-sized commercial and agriculture business members.

Conexus has remained progressive for how we approach our contribution to the community through a variety of game-changing initiatives. Through data driven tools, advice, and authentic relationships, we help our members discover new ways of engaging with their money so they can live their lives the way they want. Learn more below.

Credit Union Firsts

Credit unions have a history of putting their members first over profits and are proud innovated. Credit unions are proud to be the first to offer many new, innovative services to its members before they were offered by traditional banks, including:

  • First to offer payroll deduction services (1933)
  • First to offer open mortgages (1959)
  • First to lend money to women in their name (1960)
  • First to offer daily interest savings accounts (1967)
  • First to offer personal lines of credit (1976)
  • Conexus first to offer full-service ATMs (1977)
  • First to introduce the Global Payment Card and develop point-of-sale debit services (1983) (Conexus)
  • First to offer Registered Educational Savings Plans (1988)
  • Conexus was first to open a call centre in Saskatchewan (1988)
  • Conexus first to launch fully functional internet banking (2000)
  • First to offer cheque imaging service (2003)
  • Conexus first to offer Chip Card technology (2009)
  • First to launch a mobile cheque deposit app (2013)
  • Conexus the first financial institution in Canada to jointly fund a Social Impact Bond (2014)
  • First to offer mobile pay (2016)
  • First to offer socially responsible Guaranteed Investment Certificates (2016)
  • Conexus first to launch a credit union led business incubator (2019)
  • Conexus first to launch a venture capital backed Agtech Accelerator program (2021)

Contribution to Community

Contribution to community is also about how we’re building the credit union of the future through innovation, thinking differently and leadership - how all of these come together to support our communities in Saskatchewan now and well into the future.

Community Investment

We reinvest up to 5% of our pre-tax profits back into our communities. In 2021, we re-investment over than $1.9 million back into Saskatchewan communities through our Community Investment Program. In the last five years, this re-investment totals more than $9.5 million.

We know when someone’s basic human needs are met, they can become financially well. We’re proud to partner with community and non-profit organizations that are making a meaningful different in people’s lives right here in our own backyard. Learn more about how we support community groups here.

Building Leaders

We know everyone is capable of being a leader and that’s why we’re dedicated to supporting young people to building leadership skills at an early age:

  • Conexus’ Youth Leadership Awards: each year we award 10 member students who are graduating in that academic school year in Saskatchewan with $1,500. This award recognizes members across the province, who are trying to make their corner of the world a better place. 
  • Many of our community investment partnerships include a financial literacy program or a Conexus facilitated presentation. This includes partnering with the Saskatchewan WHL and SJHL hockey teams to deliver financial literacy presentations in the classroom. 
  • Camp Kindling aka Co-op Youth Camp is a series of camps held throughout July and August where youth ages 12 to 18 from across Saskatchewan come together to meet new people, develop leadership skills, learn more about co-operatives and have a great time. Each year Conexus sends five employee volunteers to assist with the camp as camp counsellors, and sponsors 20 Conexus member youth to experience camp life.
  • Big Idea Camp is a two-day camp presented by Cultivator and Strategy Lab, for grade 9-12 students in the Regina area who have a passion for tech and entrepreneurship. Campers will experience the details of launching a tech startup, working alongside founders, mentors, and camp supporters.

Growing Tech Innovation

We’ve launched the first credit union led business incubator, Cultivator. Through Cultivator we’re providing local startups with programming, resources, space, funding, mentorship and more to help them launch, grow and scale right here in Saskatchewan. Since launching in 2019, we’ve incubated over 80 companies, who in turn have raised over $22.8 million in private capital, earned over $14 million in revenue, and created over 300 jobs. Learn more about Cultivator here.

To help fuel the startup community, we launched Conexus Venture Capital Inc. (CVC). It currently manages and operates two funds – CVC Fund #1 and Emmertech – a combined total of over $90 million in venture capital funds. To-date, CVC has invested in over 15 companies and is seeing unprecedented levels of success. Learn more about CVC here

Member First

For us, financial well-being isn’t just a statement, but a concept we live by that motivates us to bring our very best every day. We have gone “all in” on this concept. Our member’s financial well-being, measured by a proprietary Financial Health Indicator (FHI), is a measure on our Strategy Map and the primary method for measuring financial advisor success. When our members succeed, we succeed.

Our proprietary FHI is an internal tool that looks at nine specific drivers that lead to improved financial well-being for our members:

  1. Spending so that I have something left at the end of the month
  2. Access to $2,000 emergency fund
  3. Not going overdrawn in the past year
  4. Savings to cover three months expenses
  5. Have financial ability to save 10% in the month at least once a quarter
  6. Transferring money into a savings account at least once a quarter
  7. Effectively managing my debt
  8. Diverse savings vehicles to support medium and long-term financial goals
  9. Working towards saving for retirement