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Credit unions are called caisses populaires in French-speaking communities of Canada. This one is located in Shediac, New Brunswick. Canada has significant per-capita membership in credit unions, representing more than a third of the working-age population. [1]
Canada has a strong co-operative financial services sector, which consists of credit unions (caisses populaires in Quebec and other French speaking regions). At the end of 2001, Canada's credit union sector consisted of 681 credit unions and 914 caisses populaires, with more than 3,600 locations and 4,100 automated teller machines. [45]
The oldest caisse populaire still in existence was founded in Petit-Rocher in December of that year. Between 1936 and 1941, a total of 60 caisses populaires and 78 credit unions were established, the cooperative movement seeing greater success in New Brunswick than in Nova Scotia despite the origin of the Antigonish Movement in the latter ...
BPCE (for Banque Populaire Caisse d'Epargne) is a major French banking group formed by the 2009 merger of two major retail banking groups, Groupe Caisse d'Épargne and Groupe Banque Populaire. As of 2021, it was France's fourth-largest bank, the seventh largest in Europe, and the nineteenth in the world by total assets. [ 3 ]
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.
At the time of his death in 1920, there were 187 caisses populaires in Québec (30,000 members and total assets of nearly $6 million), 24 in Ontario and 9 in the United States. Alphonse and Dorimène Desjardins' home, where the first caisse populaire was launched, is now a center dedicated to his memory and has been visited by over 178,000 ...
Groupe Banque Populaire started in 1878 with the foundation of the first local "people's bank" (French: banque populaire) in the western French city of Angers.During World War I, Commerce Minister Étienne Clémentel was instrumental in passing the law of 13 March 1917 which established the local Popular Banks' cooperative status and granted them favorable financial and tax treatment, with ...
Ste. Anne, or Sainte-Anne-des-Chênes, is a town in Manitoba, Canada, located about 42 km southeast of Winnipeg. The population was 2,114 in 2016, 1,524 in 2011, and 1,513 in 2011. It is known for being located on the Seine River and at the heart of the Old Dawson Trail.