Cornerstone Credit Union

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Cornerstone Credit UnionABOUT US

People You Know.                                    Financial Solutions You Can Trust.

Cornerstone Credit Union was formed on January 1st, 2003. The result of a merger between Yorkton Credit Union and Wynyard Credit Union, Cornerstone Credit Union is a regional credit union focused on becoming the primary financial institution for the people of our region. Cornerstone Credit Union now serves 9 communities with branches located in: Yorkton, Wynyard, Kelliher, Ituna, Lestock, Rhein, Saltcoats, Theodore, and Wishart.

Cornerstone Credit Union was formed with a vision to represent integrity, strength and commitment to our members and community. Our mission is to serve members, build communities and create excellence.

Wynyard Credit Union was formed in 1941 when the Young Men’s Board of Trade met to discuss the possibility of forming a Credit Union in Wynyard, Saskatchewan. In March of 1941 the certificate of incorporation was issued and Wynyard Credit Union was formed, making it the 57th Credit Union in Saskatchewan. The Credit Union was formed with the goal of “People helping people”. At the end of December, 1941 membership was at 81 members with assets totaling $692.73. Over the years, Wynyard Credit Union grew steadily. In the late 1950’s, the members of Dafoe-Kandahar Credit Union elected to amalgamate with Wynyard Credit Union. In 1990 the members of Lestock Credit Union did the same. In 1995 the Wynyard Credit Union built a brand new building at a new location, which is now the home of the Wynyard branch of the Cornerstone Credit Union. In 2000, membership had increased to 4,579 members with total assets of $44,622,302.

The Yorkton Credit Union was formed as part of a co-operative movement with the Saskatchewan Wheat Pool in December of 1943. During the next decade economic conditions in Saskatchewan improved steadily. After 10 years, membership had grown from the original few to 253 members. In 1961, Tonkin Credit Union amalgamated with Yorkton Credit Union, which was the first of several amalgamations to take place. In the late 1960’s, Yorkton Credit Union began plans for automation and it was during this time that Credit Unions in Ituna, Kelliher, Dubuc and Rhein merged with the Yorkton Credit Union. A new building was built for the Yorkton Credit Union in 1993 that today is the head office of the Cornerstone Credit Union. In 1994, Calder Credit Union joined forces by amalgamating with Yorkton Credit Union.

Cornerstone Credit Union is focused on ensuring that its members will have access to the products and services that are required to enhance its members’ financial future. Cornerstone Credit Union is the financial institution of choice for the people of the region as they build a foundation for a solid and secure future.

Since it's formation in 2003, Cornerstone Credit Union has welcomed the members of Wishart Savings and Credit Union after a decision to merge operation with Cornerstone Credit Union on November 1, 2003.  In November 2004 the members of Theodore Credit Union also voted to join Cornerstone Credit Union effective January 1, 2005.  And, on January 1, 2008, a merger between Cornerstone Credit Union, Gateway Credit Union (Archerwill, Bjorkdale and Rose Valley), and Tisdale Credit Union resulted in Cornerstone Credit Union Financial Group Limited (operating as Cornerstone Credit Union).

 



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Current Rates
Prime Rate 4.75%
Investor Savings
* 5k - 100k 2.50%
* 100k - 200k 2.75%
* 200k plus 3.00%
5 Yr. Non-Redeemable Term Deposit 3.25%
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CORNERSTONE CREDIT UNION
© Copyright 2008 Cornerstone Credit Union. - All Rights Reserved
Registered Office: Tisdale, Saskatchewan, Canada