Lender to close seven rural locations in Saskatchewan

The Conexus Credit Union in Mossbank, Saskatchewan. (Google Maps)

Conexus Credit Union will be shutting the doors to seven of its rural locations in Saskatchewan. The seven locations are at Chamberlain, Cupar, Drake, Middle Lake, Mossbank, Spy Hill, and Young. Two other locations in Regina — one on Fifth Avenue, the other on Wallace Street — will also be closing.

In a news release, the company states banking is “changing rapidly” and that more of its member are more “mobile than ever.”

“Decisions on branch closures are among the most difficult for us as a cooperative,” says Eric Dillon, Conexus’ CEO. “While respecting our past, we must build a future that allows us to best serve our members by offering flexibility in our delivery of service and that aligns with our members’ ever-changing needs and expectations.”

All nine locations are set to close at the end of business day on Wednesday, October 2, of this year.

“We recognize this is a big change for our members and our communities and change can be hard,” added Dillon. “Our goal is make this change as seamless as possible for our members, and our teams are ready to walk alongside each of our members through this transition.”