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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]
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 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 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]
Caisse populaire Nouvel-Horizon Inc. (#2179) Caisse Populaire Rideau-Vision d'Ottawa Inc. (#2206) Caisse populaire Sud-Ouest Ontario Inc. (#2224) Caisse populaire Trillium Inc. (#2209) Caisse populaire de la Vallée (#2162) Caisse populaire Vallée Est Ltée. (#2212) Caisse populaire Vermillon (#2215) Caisse populaire Voyageurs Inc. (#2226) La ...
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 ]
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 ...
The first credit union in North America, the Caisse populaire de Lévis in Quebec, Canada, began operations on Jan. 23, 1901, with a ten cent deposit. Founder Alphonse Desjardins , a reporter in the Canadian parliament, was moved to take up his mission in 1897 when he learned of a Montrealer who had been ordered by the court to pay nearly ...