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In the late 1990s, the number of caisses was reduced from 1275 to 800. [6] Between 2008 and 2010, total assets at Desjardins Group grew over 15% from Can$151.9 billion (when it ranked sixth in Canada and first in Quebec among financial institutions ahead of the National Bank of Canada) to over $175 billion in 2010.
The Desjardins Ontario Credit Union was formed 1 January 2020 with the merger of 11 Ontario Desjardins-affiliated credit unions, along with its federation, into one credit union [1] insured by the FRSAO. The credit union has 50 branches and 130,000 members. [1] [2] Billy Boucher is the credit union's first CEO. [3]
In July 2020, Purplebricks Canada was acquired by Desjardins Group. On December 1, 2021, Purplebricks rebranded as FairSquare Group Realty. [20] On February 16, 2023, FairSquare Group Realty’s social media pages and webpage were updated to include an announcement that it is no longer accepting new business.
In 2014, Desjardins Group acquired the Canadian operations of State Farm to become the second-largest property and casualty insurer in Canada. [8] Until 2018, all 1.2 million customers in Ontario, Alberta and New Brunswick [ 9 ] were still served under the name of State Farm, but on May 1, 2018, Desjardins officially started a campaign to ...
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In July 2003, Fiera International Inc. (a wholly owned company of Jean-Guy Desjardins) came to an agreement with Desjardins Group to spin off Elantis Investment Management to form a new asset management firm named Fiera Capital. 70% will be owned by Fiera International while 30% would remain with Desjardins.
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