The Fédération des caisses Desjardins du Québec

The Fédération des caisses Desjardins du Québec (FCDQ) is the cooperative entity responsible for orientation, framework, coordination, treasury and development activities for Desjardins Group. It also serves as a financial agent on the Canadian and international markets and offers its member caisses various technical, financial and administrative services.

Mission of risk and capital management

The FCDQ's mission is to manage risk and capital for Desjardins Group and see to the financial health of the Groupe coopératif Desjardins (which is made up of Desjardins caisses in Quebec, the FCDQ and the Desjardins Security Fund) and ensure its sustainability in accordance with the Act respecting financial services cooperatives.

Structure of the FCDQ

The FCDQ, with 210 member caisses in Quebec as at January 1, 2023, and Caisse Desjardins Ontario Credit Union Inc., helps the caisses and other Desjardins Group components accelerate business development and better meet the needs of their members and clients. Its structure has been designed to take into account the needs of Desjardins Group members and clients, as well as the markets in which it operates.

Characteristics and priorities

The FCDQ stands out from other Canadian financial institutions because of the cooperative nature of its caisses. The resulting mission and values are the driving force for its directors, managers and employees. They are echoed in its priorities, and help it achieve its vision of sustainable prosperity within the communities served by Desjardins Group and the FCDQ.

Desjardins Group's ambition

Desjardins Group's goal is to become everyone's #1 choice. Thanks to its varied distribution channels, numerous intermediary networks and personnel who strive to always work in the interests of members and clients, Desjardins Group stays close to its members and their communities.

Administrator participation in caisse cooperative affairs

In order to best meet members' increasingly diverse needs, Desjardins Group pays special attention to the caisse network and its range of service delivery methods. This process is also part of Desjardins Group's continued commitment to the vitality of cooperation at the caisse level in terms of democratic life, representation, education and training, cooperation with other cooperatives and support for community development.

Desjardins Group: modern and people-focused governance

Desjardins Group is characterized by a modern and people-focused democratic governance structure, where directors elected by caisse members are active participants. This active participation involves both collaboration and governance.

Community collaboration groups are also involved in various areas where caisses are active, while the Desjardins Collaboration Forum serves similar purposes throughout the network. In terms of governance, caisse directors take part in annual general meetings, congresses, and the FCDQ Board of Directors and its various commissions.

The board, chosen for their complementary skills and diverse backgrounds, includes the President and CEO, 12 elected members from the caisse network and 6 members from outside the caisse network.