Desjardins Group

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The Desjardins Group (French: Mouvement Desjardins, pronounced [muvmɑ̃ deʒaʁdɛ̃]) is a Canadian financial service cooperative and the largest federation of credit unions (French: caisses populaires) in North America. It was founded on December 6, 1900 in Lévis, Quebec by Alphonse Desjardins. While its legal headquarters remains in Lévis, most of the executive management, including the CEO, is based in Montreal. As of 2017, Desjardins Group consists of 293 local credit unions operating 1,032 points of service and serving more than seven million members and clients, mostly in the provinces of Quebec and Ontario. Desjardins Group also operates the services of the former Canadian division of State Farm which was then acquired in 2015. In addition to retail banking, the Group has over twenty subsidiaries offering products and services related to insurance (Desjardins Financial Security, Desjardins General Insurance), real estate (with its Complexe Desjardins offices in Montreal and Quebec online...

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