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You are here: Home > Personal > Caisse Desjardins du Témiscamingue > Financial results

General meetings and financial results

As a caisse member, you can attend annual general meetings to:

  • Learn about your caisse's financial results and accomplishments
  • Vote on caisse bylaw amendments, if applicable
  • Vote on how member dividends will be paid and elect members to the board of directors, once the meeting is over

To encourage our members to actively take part in our caisse's democratic life, every year, we invite them to run for a seat on our board of directors.

The 2021 call for nominations has ended. Thanks to all candidates!

To learn more about the roles and responsibilities of directors, see the Information kit for director candidates (PDF, 2.29 KB) - This link will open in a new window..

See the 2021 call for nominations (in French only, PDF, 82 KB) - This link will open in a new window.

On April 8, 2021, Caisse Desjardins de Témiscamingue held its annual general meeting online. It was an opportunity for members to go over the caisse's financial results for the previous year. They then had 4 days to vote on the plan for sharing surplus earnings.

At the close of the 2020 fiscal year, the caisse posted surplus earnings of $4.4 million, an increase of 1.4% from 2019. Its business volume increased by 11.5% to $1.27 billion during the same period. Its surplus earnings before member dividends reached $8.7 million, an increase of 42.3% during the last year.

Thanks to its strong performance, the caisse gave back $228,000 to its members and the community: $26,000 in sponsorships and donations and $202,000 through its Community Development Fund. In 2020, the caisse donated $15,000 to the holiday food drive in Témiscamingue, $5,250 to the Fondation Philippe-Chabot's Ilumminons l'univers de nos personnes hébergées campaign and $18,200 to the Petit terre project in Lorrainville.

From April 9 to 12, 2021, members were able to have their say by voting online on the plan for sharing surplus earnings put forward by the board of directors. The plan was approved and $1.1 million will be returned to caisse members and the community in member and community dividends.

“The caisse will be able to support important community initiatives. I would like to thank our members whose trust has allowed us to improve the economic and social well-being of people and communities,” said caisse chair Denis Nolet.

There were 7 board vacancies and the number of nominations received was smaller than the number of vacancies. As a result, the following candidates were elected by acclamation:

  • Lynn Carrière for the North Sector
  • Jonathan Jensen-Lynch for the North Sector
  • Nathalie Landry for the Centre-East Sector

Caisse Desjardins du Témiscamingue is pleased to account for the administration of your financial services cooperative in 2020.

The 2020 annual report contains information about the financial results and activities of your caisse in the past year.

See the caisse's 2020 financial report

See the 2020 year in review

  1. Any caisse that's a member of the Fédération des caisses Desjardins du Québec but isn't a group caisse is considered a territory caisse.
  2. Group caisse members share an established common characteristic, such as an occupation, an employer, activities in the same sector of the economy or other criteria determined by the Fédération des caisses Desjardins du Québec.

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