Desjardins credit union
Encyclopedia
The Desjardins Credit Union was an autonomous Ontario credit union
whose creation was funded by the Desjardins Group in a 2003 buyout of the Province of Ontario Savings Office
.
As of 2010, the credit union had 50,000 members and CDN$1.4 billion in assets.
The company had 19 branches in Ontario and six agencies with a total of approximately 50,000 members.
As of June 1st 2011, Desjardins Credit Union has merged with, and become part of, Meridian Credit Union
.
Credit union
A credit union is a cooperative financial institution that is owned and controlled by its members and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members...
whose creation was funded by the Desjardins Group in a 2003 buyout of the Province of Ontario Savings Office
Province of Ontario Savings Office
The Province of Ontario Savings Office was a government-run banking institution created by the Ontario Government in 1922, and closed in 2003 when its assets were sold to the Desjardins Credit Union.- History :...
.
As of 2010, the credit union had 50,000 members and CDN$1.4 billion in assets.
The company had 19 branches in Ontario and six agencies with a total of approximately 50,000 members.
As of June 1st 2011, Desjardins Credit Union has merged with, and become part of, Meridian Credit Union
Meridian Credit Union
Meridian Credit Union is a Canadian credit union. It was formed April 1, 2005, following the merger of NIAGARA Credit Union and HEPCOE Credit Union....
.