Desjardins

Overview

Desjardins is Canada's largest cooperative financial group + Quebec-headquartered cooperative since Dec 6 1900 founding by Alphonse Desjardins as North America's first credit union + ~7.7M+ members + customers + Canada's largest credit union [1, ca-cro].

History

Dec 6 1900 — Caisse populaire de Lévis founded by Alphonse Desjardins in Lévis, Quebec as North America's first credit union distinctive North American cooperative banking heritage.

1932 — Fédération des caisses populaires Desjardins formed.

2010 — Desjardins Mobile Services app launch.

2015 — Desjardins acquires State Farm Canada operations.

2019 — Desjardins data breach incident affecting ~4.2M+ members.

Ownership & operator

Operating entity: Mouvement Desjardins / Desjardins Group (Canada's largest cooperative financial group; Quebec-headquartered cooperative).

Major shareholders: Member-owned cooperative (no shareholders; ~7.7M+ Desjardins members + customers).

Regulators: AMF Quebec + OSFI + Bank of Canada.

Technical integration

Desjardins Mobile Services app (iOS + Android; ~7.7M+ members + customers) + desjardins.com online + Desjardins Caisse populaire network across Quebec + Ontario + Desjardins Visa + Mastercard cards; Interac + CA IBAN.

Implementations & partners

Major Canadian banking + payments competitors: [[rbc-royal-bank]] (RBC Royal Bank of Canada; TSX: RY + NYSE: RY; Canada's largest bank by assets + market capitalization) + [[td-bank-app]] (TD Toronto-Dominion Bank; TSX: TD + NYSE: TD; Canada's #2 bank by assets) + [[scotiabank-ca]] (Scotiabank Bank of Nova Scotia; TSX: BNS + NYSE: BNS; Canada's #3 bank by assets) + [[bmo]] (BMO Bank of Montreal; TSX: BMO + NYSE: BMO; Canada's #4 bank by assets) + [[cibc-app]] (CIBC Canadian Imperial Bank of Commerce; TSX: CM + NYSE: CM; Canada's #5 bank by assets) + [[national-bank-canada]] (National Bank of Canada; TSX: NA; Canada's #6 bank by assets; founded 1859 as Banque Nationale in Quebec) + [[interac-app]] (Interac Canada's interoperable payment network).

Regulators: AMF Quebec + OSFI + Bank of Canada.

Status

Active, Canada's largest cooperative financial group + Quebec-headquartered cooperative since Dec 6 1900 founding by Alphonse Desjardins as North America's first credit union + ~7.7M+ members + customers + Canada's largest credit union [1, 2].

Sources

• 1 Desjardins — official
• 2 Desjardins — Wikipedia
• ca-cro In-corpus: reports/countries/CA-canada.md

Source

Biography extracted from desjardins.md. See matrix.md for standards-support matrix if present.