Search results
Results from the WOW.Com Content Network
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.
Merged into the Bank of Montreal. Niagara District Bank 1853 1875 Merged into the Imperial Bank of Canada. [147] Niagara Suspension Bridge Bank 1836 1841 Closed. [148] Northern Bank 1905 1908 Merged with the Crown Bank of Canada to form the Northern Crown Bank. [149] Northern Crown Bank 1908 1918 Merged into the Royal Bank of Canada. [150 ...
Meridian Credit Union in Richmond Hill, ON. Meridian Credit Union Ltd. is a Canadian credit union.It was formed on 1 April 2005 through the merger of Niagara Credit Union and HEPCOE (Hydro Electric Power Commission of Ontario Employees) Credit Union.
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 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. In 2015, Desjardins Insurance acquired the Canadian operations of U.S. based insurer State Farm , [ 1 ] which made Desjardins the second largest property and ...
Zag Bank was a Canadian direct bank owned by Desjardins Group. Zag was founded as Bank West in High River, Alberta in 2002 and acquired by Desjardins in 2011 along with the other Western Financial Group companies. Desjardins announced on November 5, 2018 the winding down of operations for Zag Bank effective 2019. [1]
The Desjardins Group, as well as its subsidiary Desjardins Financial Security, are headquartered in the city. The founder, Alphonse Desjardins, lived in Lévis and, with his wife, Dorimène Roy Desjardins, ran the first Caisse Populaire (similar to a credit union) from their home. The city is also a major agricultural business research and ...
A number of caisses have merged over the years. The 2000s saw a 30% decrease in the number of clients requesting counter service and a 20% decrease in the number of members using ATMs. Over the same period, use of Internet-based services increased by 2200%. 18 These trends led to the closure of some 20 business locations in 2012 and 2013. [12]