Desjardins building

Our Parent Desjardins

 

 

We’re part of Desjardins Group, the largest cooperative financial group in Canada

 

Being a part of Desjardins Group means that we have access to the wisdom, leadership and experience that has made it such a success for so many years. It is an assurance of our strength as a financial institution and speaks volumes about what Zag Bank can do for our clients today, as well as in the future.

 

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Our parent Desjardins is the leading cooperative financial group in Canada and the sixth largest cooperative financial group in the world, with assets of nearly $260 billion. It has been ranked one of the Best Employers in Canada by Aon Hewitt. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, online platforms and subsidiaries across Canada. 

$258.4 Billion

in Total Assets

7,000,000+

Members & Clients

Ranked 4th

Safest Banks in North America by Global Finance

$258.4 Billion

in Total Assets

7,000,000+

Members & Clients

Ranked 4th

Safest Banks in North America by Global Finance

 

Our History

Zag Bank was originally founded in 2003 as Bank West, a federally regulated bank which was acquired in 2011 by Desjardins Group. In 2014, Desjardins Group relaunched Bank West as Zag Bank, a direct bank offering a suite of financial products through mobile and online applications.

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