Desjardins is not a traditional chartered commercial bank; rather, it operates as The Fédération des caisses populaires du Québec (commonly known as the Desjardins Group), which is the largest association of cooperative credit unions in North America. While it functions similarly to a major national retail bank—offering everyday chequing and savings accounts, mortgages, and commercial loans—it operates on a cooperative model owned by its member-clients.
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