Together, to serve you better - Desjardins
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Post-merger bulletin
Together, to serve you better
Stronger for our members and community Acknowledgements
On January 1, 2021, Caisse Desjardins des Versants du mont Royal We want to thank our caisse directors for their unwavering commitment
counted 48,808 members, 15 directors and 97 employees after merging to the community and the people they represent. Thanks to the time
with Caisse Desjardins de Notre-Dame-de-Grâce. We can already see and energy they’ve put in, we’re helping a vibrant community grow
the shift toward higher quality and more accessible services. We’re and enriching the lives of our members. We also want to thank our
proud of everything we’ve done to get here. employees who were resilient and supportive during this transition
and helped make this new caisse what it is.
In this bulletin, we’ll take a look at the past year and all the work we
did to make the merger a success. We also want to take this opportunity
Together, we’re paving
to tell you more about your new caisse and present some of the
highlights of our financial results.
Stronger together the way for a stronger
We can already see the positive effects of the merger. Employees from
both caisses are working together and new relationships are already
community
being built. The caisse is also in a better position to attract and retain
employees. This will help us make sure we can provide our members
with advice from experienced, dedicated professionals, which is a real
asset in the financial field. With business volumes of more than
$4 billion, we’ll be able to leverage our combined financial strength to
drive business development.
With our financial stability, we can generate more surplus earnings,
which we then return to our members and the community in the form
of dividends, through the Community Development Fund (CDF) and
through donations and sponsorships. We’ve already given back
$187,697.31 through the CDF and $167,932.94 in donations and
sponsorships. See our cooperative difference report for more on the
initiatives we’ve invested in. Paule Descôteaux Pierre Poirier
Chair of the Board General Manager
of Directors
A caisse that’s there for its members
Along with our online services, the caisse and its service centres offer
a no-fuss, friendly experience. Our staff are committed to always doing
what’s best for you. Our advisors will see to your financial well-being,
wherever you are in life. They’ll help you make informed decisions on
savings, financing, wealth management and insurance.
Here to help our
members and
communities
thrive
Board of Directors
Paule Descôteaux | Chair Nadia Papineau-Couture | Director
René Saint-Pierre | Vice-Chair Hélène Savard | Director
Marie-Claude Desaulniers | Secretary Marie Vermette | Director
Marie-Ève Beauchamp Legault | Director Aleksandra Zajko | Director
Denis Bernier | Director
Noël-Alexandre Bertout | Director
Rafael Bourrellis | Director
Micheline Fortin | Director
Louka Kattan-Méthot | Director
Andrée Lafortune | Director
Serge Lebeau | Director
Financial review
Here are the 2020 fiscal year highlights. Since the merger took effect on January 1, 2021, both
caisses had separate results for 2020.
Caisse Desjardins de Caisse Desjardins des
Notre-Dame-de-Grâce Versants du mont Royal
Business volume $1,073,720,000 $2,976,086,000
Assets $563,980,000 $1,577,768,000
Liabilities $530,848,000 $1,488,824,000
Equity $33,132,000 $88,944,000
Surplus earnings before member dividends $1,783,000 $7,188,000
Dividends $726,000 $2,033,000
Payment to the CDF $116,000 $306,000
Cooperative difference report
Improving the lives of people and communities
We support the socioeconomic vitality of our community through donations, sponsorships and the Community Development Fund (CDF).
Members like you contribute to the CDF by voting to earmark part of your dividends for the fund during the caisse annual general meeting.
Here are a few examples of initiatives and organizations the caisses helped in the past year:
1 2 3 4 5
Caisse Desjardins Caisse Desjardins
des Versants du mont Royal de Notre-Dame-de-Grâce
• Carrefour Jeunesse Emploi • CHU Sainte-Justine • NDG Soccer Association 4
Côte-des-Neiges (CJE-CDN) Foundation • St. Raymond’s Community Centre
•C entre communautaire de • Amis de la place • Carrefour Jeunesse Emploi Notre-Dame-de-Grâce (CJE)
Loisir de la Côte-des-Neiges Marcelle-Ferron • Shidokan Judo Club
•C entre International • Outremont en famille • NDG Tennis Club
de L’Espoir (CIE) • YMCA du Parc • Centre de bénévolat Notre-Dame-de-Grâce
• École du SAS • Spectrum Productions • Centre communautaire Notre-Dame-de-Grâce (CCNDG)
• Festival Grandes Oreilles 1 • Théâtre Outremont • NDG Community Council
• Festival de Casteliers 2 • Maison Bleue • Depot Community Food Centre
•S aint-Joseph’s Oratory of • Maison C.D.N. • Montreal Wado Ryu Karate Association
Mount Royal Foundation • Maison des jeunes 3 • Parents engagés pour la petite enfance
• Fondation du Dr Julien d’Outremont • Société Elizabeth Fry du Québec 5
• HEC Montréal
• Maison Côte-des-Neiges
$176,897 $178,733
to the $26,469 to the $24,056
$ 37,321
community community
$59,426
$94,288 $93,409
to the CDF $29,184 to the CDF
$70,062 $76,462
$82,609 $85,324 $17,839 $950
in donations and $13,861 in donations and
sponsorships sponsorships
E
ducation Culture Economic development Humanitarian work and community involvement Health and healthy lifestyles
SCHOLARSHIP AND INTERCOOPERATION PROGRAM
« UNE RENTRÉE PAS COMME LES AUTRES! »
9 Montreal West caisses gave out
110 SCHOLARSHIPS TOTALLING $146,500
Highlights
48,800
More than
15
elected directors
representing all sectors
co-owner members
of the caisse
Need to talk to an advisor?
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It’s easy with our extended phone hours.
6 a.m. to midnight, every day (including holidays)
service centres on the 514-274-7777
employees
caisse’s territory
Open Saturdays
9 a.m. to 3 p.m.
•H
ead office
More than More than
•V
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$2 billion $4 billion
in assets in business volume
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