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Published April 28, 2023

Conexus Credit Union Review

Conexus Credit Union is one of Saskatchewan’s largest credit unions. It offers a variety of financial products for most personal, agriculture and business needs.

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Conexus Credit Union at a glance

Conexus Credit Union was founded in 1937 as the Regina Co-operative Savings and Credit Union. Today, Conexus is one of the largest credit unions in Saskatchewan.

  • Conexus Credit Union account options
    Savings
    Chequing
    Visa credit cards
    Investing
  • Other Conexus Credit Union services
    Loans
    Mortgages
    Lines of credit
    Business accounts and financing

Conexus Credit Union overview

Conexus Credit Union is a Saskatchewan-based credit union with 30 branches across the province and nearly 900 employees. As a co-operative organization, Conexus Credit Union prioritizes co-op principles like democratic member control, member economic participation and concern for the community.

Community support plays a large role in this co-operative organization. Conexus partners with a number of local programs that promote financial wellness and literacy. Other initiatives that Conexus supports include the Regina Food Bank, SOFIA House Employment Program, the Lung Association of Saskatchewan, Dress for Success, and more. Conexus Credit Union also sponsors 20 youth each year to attend Camp Kindling, a camp designed to develop leadership skills and promote community involvement.

This community support is driven by over 137,000 members who trust Conexus Credit Union with their financial needs. Conexus offers a large range of financial products for individuals and businesses, as well as a few products tailored for people who work in the agricultural sector. Banking can be accessed in person at a local branch, over the phone, online or via the Conexus Credit Union app.

Online banking capabilities at Conexus Credit Union

Conexus Credit Union offers online banking from the website (www.new.conexus.ca), where members can log in using their member card debit number and password, and via the Conexus mobile app. 

The Conexus mobile app is available for iPhone, iPad, iPod Touch, and Android devices. Through the mobile app, members can complete the following financial tasks:

Is my money safe at Conexus Credit Union?

Money in your Conexus Credit Union account is 100% guaranteed by the Credit Union Deposit Guarantee Corporation (CUDGC), which guarantees the full repayment of deposits held at participating Saskatchewan credit unions. There is no maximum amount of coverage for chequing and savings accounts, term deposits and other deposits, but stocks and mutual funds are not covered.

When it comes to online banking, Conexus Credit Union has several high-security measures in place to protect your personal information and finances. This includes 128-bit encryption, robust firewalls, automatic session time-outs, and continual monitoring. As always, it is also up to you to keep your personal and online banking information secure. 

Conexus credit cardholders can sign up for free real-time text alerts  to help prevent fraudulent transactions. While fraud specialists monitor your account at all times, this extra security feature can better protect your personal financial information. Conexus Credit Union credit cards are all from Mastercard, so they also offer purchase protection.

Conexus Credit Union account types

Conexus Credit Union offers a range of savings accounts, chequing accounts, credit cards and other financial products. Options may vary depending on whether you are looking for individual or business products. Specialized account options are also available for people who work in agriculture.

Conexus Credit Union chequing accounts

Conexus Credit Union savings accounts

Conexus Credit Union credit card accounts

Conexus offers six different Mastercard credit card options, including a travel rewards card, a U.S. dollar card and a student credit card.

Conexus Credit Union investing accounts

Other Conexus Credit Union services

In addition to the financial products listed above, Conexus Credit Union offers several other services for both personal and business financial needs.

Personal services include:

Business and agricultural services include:

Conexus Credit Union fees

Bank fees can vary based on the accounts you have and how you use them. Here are some of the common fees you may encounter using Conexus Credit Union’s financial products and services:

Who is Conexus Credit Union best for?

Saskatchewan residents who prefer to bank with a co-operative institution and support the local community.

As one of the largest credit unions in Saskatchewan, Conexus Credit Union offers a variety of financial options for both individuals and businesses, as well as specific solutions for those working in the agricultural sector. Conexus also shows remarkable community involvement by supporting local initiatives and partnering with nonprofits.

Pros and Cons of Conexus Credit Union

There’s plenty to like about Conexus Credit Union, but no bank or credit union is without its drawbacks. Here’s what to consider before you open an account.

Pros

Cons

How Conexus Credit Union compares to other credit unions

Conexus Credit UnionAccess Credit UnionInnovation Credit Union
Primary region of serviceSaskatchewanManitobaSaskatchewan
Number of branches30More than 5024
Mobile app?YesYesYes
Are deposits insured?Yes, by the Credit Union Deposit Guarantee Corporation.Yes, by the Deposit Guarantee Corporation of Manitoba.Yes, by the Credit Union Deposit Guarantee Corporation.

Frequently asked questions about Conexus Credit Union

Is there a Conexus Credit Union Mastercard?

Yes. The Conexus Credit Union Mastercard includes no-fee, student, travel, and cash back credit card options for personal users. Business Mastercards offer low-interest, no-fee and rewards options.

Is there a Conexus Credit Union in Regina?

Yes, Conexus Credit Union has five branch locations in Regina.

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