June 3, 2023

The Queens County Citizen

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UNI Financial Cooperation dumps Desjardins Group

UNI Financial Cooperation dumps Desjardins Group

This was announced by the financial institution to its members on Wednesday evening at the annual general meeting held at the regional centre. K.-C. Irving to BathurstIn New Brunswick.

Here, it’s really a supplier change. Relations with Desjardins were good. We are not really part of Desjardins. UNI will always be autonomous, will always have its own governance, its own board of directors, its own rulesRobert Morey, president and CEO of UNI Financial Cooperation, explained.

We are in the process of switching with other suppliers who provide us with the same services. »

A quote from Robert Morey, President and CEO of UNI Financial Cooperation

New technological innovations will be rolled out to consumers by the fall, especially for debit and credit cards.

This part of IT There, computing, we are going to another signal and we are investing a lot more in our development IT. It’s not for nothing that you get 100’s of job ads created with us. This skill is really catching on in New BrunswickRobert Morey said in an interview granted Thursday to the show there in the morning From ICI Academy.

UNI presented its plan last year to create up to 100 jobs, particularly in information technology, customer service and communications. Mr. Morrow estimated the financial spinoffs at $9 million For life These jobs in Acadia.

Despite everything UNI has always had good relations with Movement Desjardins, Mr. Morey guaranteed.

Past and present, we are Desjardins partners. It will remain the same in future, but it will be redefined according to the needs [des deux]. We always stay in touch even though their growth is similarHe \ he said.

Customers are concerned about security

Some UNI clients met on the Acadian Peninsula don’t think the changes will affect them. Like Lisa-Marie Cormier from Saint-Léoline. Whether it’s Desjardins or UNI, the earth keeps turning. Still my money goes into my bank account.

She hopes everything is safe. There is enough fishing everywhere that you don’t know who to trust. You get calls, texts, emails, you don’t know who to believe. Honestly, it’s easy to get hooked.

Onil Vienneau from Bas-Caraquet relies on the experts of the UNI Financial Cooperation. Maybe we just have to believe. I, at the moment, find it hard to follow. Technology is moving very fast. I hope they don’t have to do like artificial intelligence… put a “hold” on it for two years.

Record surplus

UNI Financial Cooperative also announced a record pre-tax surplus of $30 million in 2022. This result allows it to distribute dividends to its members for the second year in a row.

The total value of these personal incentive returns is $5 million. They will be paid to members later this year. Collective dividends of $2.5 million will be distributed to communities in the form of donations, sponsorships, partnerships and scholarships.

This is the second year in a row that UNI has announced rebates, following a freeze that began in 2016, when the conglomerate changed its name. In 2022, the organization also donated a total of $7.5 million to members and organizations.

According to Mr. Morey, this $30 million surplus is the best consolidated results since the merger that led to the creation of UNI in 2016.

These results reflect our exceptional growth and provide us with the means to invest in our future. »

A quote from Robert Morey, UNI President and CEO

The company crossed the $4.1 billion milestone in loans and now has $5.4 billion in assets.

We still carry on the dream and aspirations of the founding members who saw in collective wealth the best guarantee for a future where our youth can thrive at home and our elders support.said economist Pierre-Marcel Desjardins, Chairman of the UNI Board of Directors.

With information from Mario Mercier, Real Fradette, René Landry and the program in the morning

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