Whats the Difference Between Caisses Populaires and Credit Unions?
I’ve been doing a lot of research on personal finance in the past few weeks and basically went down a rabbit hole with Caisses Populaires and Credit Unions.
In my research it seems like they’re essentially the same thing except that Caisses Populaires are basically like Credit Unions but primarily based in French speaking communities around the world and especially in Quebec.
However, this got me wondering: if they’re essentially the same thing but for different languages why do they seem to be so distinguished from one another online with them both having separate Wikipedia articles, separate investopedia articles, etc.
I also stumbled upon some group called the Desjardins group which is based in Quebec and seems to be one of the biggest, if not the biggest Caisses Populaires in the world so if somebody could give some background on that and how they operate that would be great too.