Proposed merger of the 11 Desjardins caisses populaires in Ontario and the Fédération des caisses populaires de l'Ontario (FCPO)

Stronger together. Proposed merger

The banking industry is changing rapidly, creating new challenges for all financial institutions—and the Ontario caisses are no exception. This situation has prompted us to consider changes to our business model that would help caisses better meet the changing needs of our members while also achieving full growth potential in Ontario for future generations.

We've based our proposed merger project on the need to be simple, people-focused, modern and high-performance, striving to be an organization that seizes business opportunities, offers exemplary service, stands out as a top employer, and that meets productivity challenges head on.

After thorough analyses (market studies and financial analyses), caisse and Fédération des caisses populaires de l'Ontario (FCPO) directors have concluded that joining forces could help the Ontario caisses to grow and respond to current and future challenges.

Ultimately, we'll be stronger together!

Update: November 29, 2018

Members voted in favour of the merger and chose to be stronger, together!

For more information, read the news release (PDF, 212 KB) - This link will open in a new window..

A larger caisse

  • 130,000 members
  • 50 branches and almost 60 ATMs
  • Assets over $6 billion
  • More than 650 employees and managers

To learn more about the initiative, see:

Participating caisses