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Three of Saskatchewan’s credit unions have voted in favour of merging.

Effective January 1st, Conexus, Cornerstone, and Synergy Credit Unions will be joining together after a vote indicated that over 86 per cent of members from each entity wished to do so.

Voting took place both online and in-branch during the period of June 3 – 13. Results show that 87.5 per cent of Conexus members voted in favour, 86.5 per cent of employees from Cornerstone did the same, as did 88.7 per cent of members from Synergy.

A release from Conexus says the new credit union will serve more than 200,000 members, through 57 branches, in 50 communities with 1,400 employees throughout Saskatchewan. It will also be governed by an inaugural board that will include twelve directors comprised of six directors from Conexus and three each from Cornerstone and Synergy Credit Unions.