Media Release
FOR IMMEDIATE RELEASE
May 3, 2022

Conexus re-invests over $1.9 million back into Saskatchewan communities in 2021

(Tuesday, May 3, 2022, Date – Regina, SK) – Conexus Credit Union (Conexus) is a member-owned co-operative with an 85+ history of serving members and giving back to communities around the province. In 2021, Conexus re-invested over $1.9 million back into Saskatchewan communities through its Community Investment Program. In the last five years, this re-investment totals more than $9.5 million.

“Identifying new ways to spark connections and improving the financial well-being in our communities is our core purpose at Conexus. It’s part of our fabric and we are committed to investing in the communities we serve that help us deliver on our purpose,” said Nicole Westerlund, VP of Marketing and Member Engagement at Conexus. “We know that when someone’s basic human needs are met, they can become financially well. We are proud to partner with community and non-profit
organizations that are making a meaningful difference in people's lives right here in our own backyard.“

Credit unions are not here to maximize earnings – we are here to support community and fuel the economy. Each year, Conexus reinvests up to 5% of its pre-tax profits back into the community. In 2021, it supported 59 initiatives through 56 organizations including:

• STARS

• The Lung Association of Saskatchewan Caring Breaths Financial Assistance Program

• Habitat for Saskatchewan Conexus Youth Experience Program

• Boys & Girls Club Saskatoon Parents Together Program

• Lakeland Coop Feed Our Future Program

• Canadian Red Cross BC Floods Relief 2021

• Jim Pattison Children’s Hospital Family Amenities Fund

• READ Saskatoon Financial Empowerment for SK Program Inclusion Saskatchewan

• Do More Ag SK Foundation

• And many more

“I don’t believe that we can place a value on meeting the mental health needs of children, youth and parents. The support we receive from Conexus Credit Union allows us to connect our participants to a supportive parent community and provide them with timely, professional mental health support. We look forward to continued success and the opportunity to provide life changing services to the most vulnerable in Saskatoon,” said Heidi Carl, Director of Operations at Boys and Girls Club Saskatoon – Rosewater Connection Mental Health Initiative.

On top of financial funding, Conexus also provides free financial literacy programs, volunteers and offers free banking services to its community partners, all making an impact towards Saskatchewan’s economic prosperity. To learn about Conexus’ support for community including partnership stories, click here.

For media inquiries, please contact:

Laura McKnight
Public Relations Specialist | Conexus Credit Union
Phone: 306-751-8201| Email: publicrelations@conexus.ca

ABOUT CONEXUS CREDIT UNION

Conexus is a forward-thinking, innovative credit union committed to improving the financial well-being of our members and communities. We do this by creating simple, personal, and empowering experiences for our members that are transformation, not just transactional. We are one of Saskatchewan’s largest credit unions and being connected to our communities across province is a commitment we have upheld for the last 80+ years. As a local co-operative, our profits are returned to our members through our rates, no-fee accounts, community investment and more. Visit Conexus.ca for more information.