Becoming a member

The advantages of being a member are significant

You own your financial institution

By becoming a member, you choose to do business with an institution that belongs to you. You and your fellow-members are co-owners of your financial institution. This may be an advantage for former Province of Ontario Savings Office clients.

One member, one vote

As a member, you can express your point of view and vote at annual general meetings, elect officers and give your opinion on matters concerning the development of your credit union in your community. Since a cooperative operates under the "one member, one vote" principle, your vote carries the same weight as anyone else's.

Get paid for being a member

Becoming a member of your credit union is also a financially sound decision. For $5 (a one-time membership fee, reimbursable when you leave the credit union), you are entitled to annual member dividends when annual surplus earnings are generated and after proper reserves have been taken. Your member dividends are based on your use of Desjardins Credit Union services.

How does it work?

The members you elect as delegates will in turn elect the Board of Directors, which oversees Desjardins Credit Union's policies and procedures and ensures that management operates in a manner that is in the best interest of all its members. A refreshing alternative from traditional banking.

The Board applies sound and prudent management practices in compliance with the rules and regulations of the Financial Services Corporation of Ontario (FSCO) and the Credit Union and Caisses Populaires Act.

To become a member, just pass by your local branch to open an account or transfer your accounts to Desjardins.

Questions? See our FAQ.