Conexus Credit Union acquires credit card receivables from CUETS Financial

January 1, 2018

Effective January 1, 2018, Conexus Credit Union acquired the receivables associated with a portfolio of credit cards issued to Conexus members by CUETS Financial, a division of The Toronto-Dominion Bank.

Conexus is Saskatchewan’s largest and Canada’s sixth largest credit union. CUETS Financial is a leading provider of financial products and services to credit unions and caisses populaires across Canada.

Miller Thomson advised Conexus in this acquisition with a team that included Rick Van Beselaere and Jeffrey Roode.