It was in the early 1900s that Alphonse Desjardins established what was then called Caisse Populaire de Lévis Cooperative.
Over several decades, Desjardins has built a name synonymous with trust in the Quebec market and became a leader in financial services.
A host of acquisitions followed, such as The Personal in 2000, and State Farm in 2015. Today, Desjardins provides about 40% of the mortgages in Quebec, far ahead of the other major Canadian banks.
Royal Bank was established in 1869 and is one of the oldest financial institutions in Canada.
Its rapid expansion in Canada began in the early 1900s. With over 150 years of history, Royal Bank is a symbol of stability and reliability across the country.
Today, RBC is the #1 lender in English Canada, but not as large in Quebec. RBC now provides about 9% of the total number of mortgages in the province.