“Caisse Desjardins du Centre-nord de Montréal, which was created with the overwhelming support of members of Caisse d’Ahuntsic and Caisse Cité-du-Nord de Montréal, meets the needs of a cosmopolitan neighbourhood where more and more businesses are growing and thriving serving young families and professionals,” said Richard Georges, general manager of your new caisse. “And we’re definitely better equipped to serve our growing community.”

When the caisse enriches the community
With its 61,000 members represented by 20 elected officers, Caisse Desjardins du Centre-nord de Montréal manages nearly $2 billion in assets and a business volume of $3.8 billion. “Financially speaking, it’s the second largest caisse on the Island of Montreal,” added Richard Georges. The merger will result in savings of approximately $1.6 million over two years and capital ratios that exceed those of Desjardins Group. These savings and the caisse’s strong financial footing will make it possible to increase member dividends in 2019.

Greater access and more services
The new caisse is keeping its 5 main business locations, including almost 20 ATMs and 6 self-service centres. To accommodate all its members, the caisse offers service in 10 languages: French, English, Arabic, Berber, Creole, Spanish, Kabyle, Lingala, Romanian and Russian. And it is conveniently located in an area served by 8 metro stations!

Many of the 4,500 businesses in the area served by the new caisse are already clients, and Caisse Desjardins du Centre-nord de Montréal intends to help even more by earning a reputation for sound advice and smart investments.

The bigger caisse will also be able to get more involved in projects in its community. “The two caisses distributed $325,000 last year, and we are confident we can do more to help improve the quality of life of in the north end of Montreal,” said the general manager.

A more stimulating work environment
The 177 employees of Caisse d’Ahuntsic and Caisse Cité-du-Nord de Montréal were offered jobs at the new caisse and now enjoy incredible opportunities for professional and personal growth. “They have access to customized training as well as coaching by skilled, high-level managers who take a human-centred approach,” noted Richard Georges. “They have a role to play in managing the new caisse and offering our members an even better client experience.

Despite all the advances in technology we’ve seen, now more than ever it’s the people who really make a difference,” continued the Caisse Desjardins du Centre-nord de Montréal general manager. “Whether to make a personal or family dream come true, build a business or see to an exciting community project, our caisse members can always draw on the expertise of a good advisor. And enriching the people of our community is the main reason we created our bigger caisse.”