Overview
Desjardins is North America's largest cooperative financial group and Canada's dominant credit union network. With over 7 million members mostly in Quebec and Ontario, Desjardins offers comprehensive personal and business banking, insurance, and investment services.
No-Fee Chequing Accounts
Free*
- Minimum balance required
Specific thresholds vary by credit union. Visit Desjardins's website for current requirements.
Current Rates
GIC Rate Ladder
| Term | Rate |
|---|---|
| 1-Year GIC | 2.60% |
| 3-Year GIC | 3.00% |
| 5-Year GIC | 3.25% |
Pros
- • Deposit insurance up to $100,000 per depositor through AMF
- • No-fee chequing available with a minimum balance requirement
- • Excellent digital banking with a full-featured mobile app and online access
Cons
- • Fewer specialized financial products and international banking services than other institutions
Best For
Products & Accounts
Membership Eligibility
Open to residents of Quebec and Ontario
Membership is available to anyone living or working in regions served by a Desjardins caisse. Most Quebec and Ontario residents qualify.
Deposit Protection
AMF
$100,000 per depositor
Deposits at Quebec caisses populaires are guaranteed by the Autorité des marchés financiers (AMF) up to $100,000 per depositor.
Digital & Access
- Mobile App
- Online Banking
- Interac e-Transfer
- ATM NetworkDesjardins ATM network (AccèsD)
- Digital Ratingexcellent
Rate and eligibility data is gathered from official credit union websites and verified comparison sources. Last researched Mar 23, 2026. Always verify rates directly on the official website before making financial decisions.
Official WebsiteRelated reading
