News Release
FOR IMMEDIATE RELEASE
NORTH BAY, ON – March 30, 2026 – Once again this year, Caisse Alliance is offering a portion of the benefits generated collectively: a well-stocked member dividend will be served.
Caisse Alliance is pleased to announce the distribution of a total member dividend of $3.4 million, the result of a cooperative model that operates according to a simple principle: when the financial cooperative is doing well, its members and communities reap the benefits. To illustrate this principle, Caisse Alliance is announcing its campaign based on the community pizza metaphor.
This member dividend takes shape thanks to each member: savings form the dough, loans play the role of toppings and the members’ trust is the cheese that holds it all together. The more members contribute to the preparation, the bigger the collective pizza becomes, and the more generous the available slices are.
This year, the distribution of this “financial” pizza is as follows:
- $2,266,000 paid directly to members.
- $600,000 dedicated to special projects in its communities.
- $461,964 for preferred shareholders.
- $123,030 offered to holders of the Share+ product.
“A Recipe for Confidence”, Says Mr. Grégoire Lefebvre
Mr. Grégoire Lefebvre, Chair of the Board of Directors, explains: “In our financial cooperative, everyone pitches in. It is thanks to the trust of our members that we can give member dividends while continuing to share the benefits with our communities in Northern Ontario.”
A Slice-by Slice Member Dividend
Eligible members will receive a member dividend based on the financial services used. This year’s recipe includes:
- 5% dividends on preferred shares and the Share+ product,
- 4% of interest paid on personal residential mortgages and secured lines of credit (maximum of $375 per account),
- 075% on term deposits.
The personalized letters will be mailed shortly, and member dividends will be distributed during the week of April 6, 2026.
“A Well-Garnished Pizza Since 2018” – Mr. Pierre Dorval
For Pierre Dorval, President and Chief Executive Officer, the member dividend illustrates a fundamental principle of cooperation. “Since 2018, our financial results have been a clear reflection of our members’ active participation. With over $32 million redistributed, we are demonstrating that every action taken in a cooperative contributes to collective benefits.”
Encouragement to Enjoy Locally
Caisse Alliance invites its members to use their member dividends to encourage local businesses. Investing here is about feeding our local economy and helping Northern Ontario’s prosper.
Annual General Meeting
The Annual General Meeting, mostly held in French, will be held on April 28, 2026, at 7 p.m., in a hybrid format:
- In-person: Lavigne Community Centre, 10576, Hwy 64, Lavigne
- Virtually: caissealliance.com/AGM2026
“The Board of Directors and the management team are looking forward to presenting the 2025 results, successes and upcoming projects,” said Mr. Lefebvre.
Key Facts
- Founded on January 1, 2018, after the merger of 12 Caisses
- More than 400 employees
- 26 branches in 24 communities
- More than $2.74 billion in assets
- More than 55,000 members and customers
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Media contact
Manon Isabelle
Communications Advisor
Email: manon.isabelle@caisse.coop