What will the member dividend look like in the future?

Guy Cormier, Chair of the Board, President and Chief Executive Officer of Desjardins Group

Marie-Christine Daignault | Desjardins Group

Thanks for sending in your questions. Here's what Guy Cormier, President and CEO of Desjardins Group, had to say in response to the following question: What will the member dividend look like in the future?

"The member dividend is here to stay, but it will change over time. We're currently thinking about how it should evolve and how we can make it work with other Desjardins products.

Right now, the dividend is paid out on mortgages and savings, but we want to see if we can also apply it to insurance products and other specialized savings products.

We're working with caisse officers, general managers and even asking members how they would like to see the dividend evolve over the next few years. It's worth remembering that in 2016, Desjardins Group gave back $259 million to members and communities through dividends, member advantages, donations and sponsorships.

When it comes to giving back to the community, we're number one in Quebec and a leader in Canada."

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