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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]
Prior to Desjardins appointment, B2B represented a mere 8 per cent of Laurentian's revenue and now, with $9 billion in deposits and $4.5 billion in loans, it accounts for 30 per cent of the bank's totals. Much of Desjardins success came from focusing B2B's efforts on key products and accommodating the needs of its clients, which now number 15,000.
The first subsidiary of Desjardins Group was established in 1944 under the name of "Société d'assurance des caisses populaires" (SACP). In 1948, Desjardins Life Insurance, known today as Desjardins Financial Security (DFS), was created. In the post-war environment, they merged under a common name of Desjardins Insurance.
President's Choice Financial launched the PC Money Account, a no-fee "debit-like" personal banking service, on September 14, 2020. Unlike its former banking service, which was provided by CIBC, PC Money Accounts are issued directly by President's Choice Bank. [ 5 ]
Desjardins and his friends formed the country rock ensemble Abbitibbi in the 1970s; Desjardins played piano, guitar, and sang. When the group disbanded in 1982, Desjardins pursued a solo career. He released a number of solo albums, including Tu m'aimes-tu in 1990 [ 2 ] and Boom Boom , [ 3 ] which appeared on the RPM 100 Top Albums list in 1998.
Martin Desjardins, born Martin van den Bogaert (1637 – 2 May 1694) was a French sculptor and stuccoist of Dutch birth. He was born at Breda , the son of a milliner in a house that would later carry the name 'de Drye Bredasche Hoeden' ("the Three Hats from Breda").