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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.
The similarly named Desjardins Ontario Credit Union, formed 1 January 2020 with the merger of 11 Ontario Desjardins-affiliated credit unions and their federation into one, is not the same entity and continues as a going concern.) In 2014, Desjardins Group acquired the Canadian operations of U.S.-based insurance giant State Farm. [11]
The Province of Ontario Savings Office (POSO) was a financial institution established by the Government of Ontario, Canada in 1922 to provide a government-owned alternative to banks. The POSO was closed in 2003 when its assets were sold to the Quebec-based Desjardins Group cooperative of caisses populaires (credit unions) to form Desjardins ...
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] By the end of 2019, consolidation reduced this number to 251 credits unions and caisses populaires outside Quebec, according to the Canadian Credit Union Association ...
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 ...
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Desjardins Ontario Credit Union; P. The Personal; Province of Ontario Savings Office; S. State Farm; Z. Zag Bank This page was last edited on 31 December 2018, at 19: ...
Desjardins may refer to: Desjardins (surname), people with the surname Desjardins; Desjardins, Lévis, Quebec, Canada, a borough of the city of Lévis Desjardins Regional County Municipality, a regional county municipality which preceded the borough; Desjardins Canal, in Ontario; Desjardins Group, a Canadian association of credit unions