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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.
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 ...
The Canadian credit union movement began in 1900 with the foundation of a Caisse Populaire – the French-Canadian equivalent of a credit union – in Levis, Quebec. Its founder, Alphonse Desjardins, was a French stenographer in the federal House of Commons in Ottawa.
Canada portal; This is a list of credit unions and caisse populaires in Canada. Subcategories. This category has the following 2 subcategories, out of 2 total. ...
Meanwhile, credit unions/caisses populaires, securities dealers and mutual funds are largely regulated by provincial governments. [ 41 ] The main federal statute for the incorporation and regulation of banks, or chartered banks , is the Bank Act (S.C. 1991, c.46), where Schedules I, II and III of this Act list all banks permitted to operate in ...
In 1944, Desjardins Group's first subsidiary was created under the name of "Société d'assurance des caisses populaires (SACP)", today rebranded Desjardins General Insurance. [4] It was created to meet everybody's need, from their members to themselves: it offered in a single-contract protection against fire, hold-ups, burglaries and write ...