In 1945, brothers Achille and Albert Rémillard—one a firefighter, the other a civil servant with the City of Montréal—created savings cooperatives to help their colleagues join forces and build financial independence.
Long after the Rémillard brothers had passed, the Caisse d’économie des pompiers de Montréal and the Caisse populaire Desjardins des fonctionnaires municipaux merged in 2004 to form a single institution after more than 60 years of charting their own course.
Today, our caisse proudly serves more than 18,954 municipal employees* across Quebec, from firefighters and blue-collar workers to civil servants, professionals, and managers.
*Data as of December 31, 2024.
Treasurer, Association des pompiers de Montréal Inc.
City of Montréal Employee
In the early 1940s, worker associations and union groups began founding savings cooperatives, institutions shaped by and for the people they served. Deeply embedded in the workplace, these cooperatives were built around the needs and interests of the workers they represented.
In 1945, after lengthy negotiations, Montréal’s firefighters won significant wage increases. Their advisor, Maître Sylvestre, turned to the firefighters’ union treasurer, Albert Rémillard, and said: “Together, you are wealthy. Pool your savings!” That very year, the Caisse d’économie des pompiers was born. Other worker groups took inspiration and founded their own institutions, laying the groundwork for the first French-language network of savings cooperatives in Quebec.
In 1979, these savings cooperatives joined the Mouvement Desjardins. Today, our group caisse delivers the full range of Desjardins products and services, along with exclusive, tailored support tailored to the specific needs of municipal employees.
The history of our group caisse is one of partners and builders who proved that our strength lies in working together. From past to present, a spirit of understanding and solidarity drives our team members, whose greatest commitment is to the financial well-being of municipal employees.
“Faced with the sight of hundreds of firefighters hounded by crippling debt, Albert Rémillard, then an ordinary firefighter, came up with a simple idea: found a bank for his fellow workers. They were drowning in debt and resignation, sinking deeper into the clutches of finance companies eager to profit from their misfortune. Something had to be done, and quickly, because many of them, slipping further each day, were at risk of losing their jobs. ”
A body was needed to manage firefighters’ savings. That was the situation that gave rise to the Caisse d’économie des pompiers de Montréal.
Source: Le Petit Journal, week of October 1, 1961 (unofficial translation)
“And yet I know, better than anyone, how modest our beginnings were. Our caisse had its head office at Fire Station 14, on rue St-Dominique. The caisse was, at the time, a small cabinet holding a few booklets, a few accounting ledgers, and an ordinary cash box containing deposits—deposits of twenty-five cents, sometimes even ten cents. But, as the saying goes, mighty rivers begin as small streams. And today, those coins that our fellow firefighters managed to set aside from each paycheque, together with dollars saved over the years, have grown into assets of 14 million dollars.”
Albert Rémillard, General Manager
Source: Annual report of the Caisse d’économie des pompiers, 1970
“In the years leading up to the founding of the municipal employees’ savings and credit cooperative, city employees had become a prime target for finance companies. Their job security and stable income made them easy prey for financial exploitation. These companies would lend them money—at an exorbitant cost, of course. Many senior officials were aware of the growing problem and decided to found their own savings and credit cooperative. The space made available to them, in the basement of City Hall, was used from 1945 to 1965.”
Source: 49th annual report, 1996 (unofficial translation)
Proud of its roots and history, today’s caisse brings together more than 18,954 members, while continuing its mission to foster their financial autonomy and well-being. It keeps innovating, day after day, by supporting municipal employees with services tailored to their needs and working closely with associations and municipal authorities.
Montréal Mayor Camilien Houde attended the founding meeting of the Caisse d’économie des pompiers de Montréal in 1945 (front row, far right). The following year, he was the first to sign the founding declaration of the Caisse des employés municipaux. He and other city mayors served as honorary president of both caisses.
In the late 1940s, the municipal employees’, firefighters’, and police caisses jointly requested payroll deductions from the City of Montréal. This service simplified loan repayment and contributed to the growth of these caisses. When its assets surpassed $2 M in 1956, the Caisse d’économie des pompiers de Montréal hosted a “Barn Dance” celebration at the Mount Royal Chalet.
To mark the Caisse’s 50th anniversary, dignitaries were treated to a crane ride (from left to right): Mayor Pierre Bourque, Caisse President Michel Parent, Desjardins Group President Claude Béland, and Benoît Bourque, first Chair of the Board of Directors in 1945.
In the early 1950s, Jesuit Father Morin became chaplain to firefighters and their Caisse d’économie. He appeared on the cover of the 17th annual report. In the background, the renovated offices, located in Fire Station 26. Father Morin retired in 1990 after 40 years of service.
During its first two decades, the Caisse des employés municipaux operated out of the basement of Montréal’s City Hall. Pictured here is the team in the late 1950s. As with the firefighters’ caisse, employees were recruited from among the members.
The Caisse d’économie des pompiers de Montréal adopted a logo that endured for decades. At its centre, a squirrel symbolizes savings, surrounded by chain links representing member solidarity and maple leaves symbolizing Canada. A firefighter’s helmet crowns the Latin motto “Nostrum et Nostro,” meaning “Ours and Ours.”
Initially offering only savings and credit services, the Caisse began offering life insurance in 1954 through Desjardins Life Insurance, including savings life insurance and loan protection coverage. As advertised at the time, savings were doubled in the event of death, up to $4,000.
In 1956, growth prompted a reorganization of the Caisse d’économie des pompiers de Montréal office at Station 26 (2151 Mont-Royal Avenue). At the time, Caisse employees were also firefighters. Pictured at centre is Charles Dollard Gladu, President from 1948 to 1960 and General Manager from 1972 to 1980.
In 1965, the Caisse des employés municipaux left the basement of City Hall but remained nearby, relocating to the Artisans Building at 305 Craig Street East (now Saint-Antoine).
The Caisse Desjardins du Réseau municipal’s head office was built in 1965. The building’s bold architecture originally housed the Caisse d’économie des pompiers de Montréal.
In 1966, the Caisse des employés municipaux inaugurated its service centre at 5836 Saint-Hubert Street. Pictured far right are brothers Achille and Albert Rémillard: Achille served as manager of the Caisse des employés municipaux (1964–1972), while Albert served as manager of the Caisse d’économie des pompiers de Montréal (1945–1972) and President (1946–1948).
In the late 1960s, the Caisse populaire des fonctionnaires municipaux slightly modified its name to become the “Caisse des employés municipaux”. In the following years, its Craig Street premises were fully renovated.
The Caisse des employés municipaux entered the computer age when it deployed the système intégré des caisses (SIC), developed in partnership with IBM in 1970. The SIC terminal became part of daily operations for tellers.
On August 27, 1970, the Caisse d’économie des pompiers de Montréal entered the digital era with the introduction of the National Cash Register (NCR) system, in the presence of Quebec Premier Robert Bourassa.
The Caisse des employés municipaux’s service centre on Saint-Hubert Street in the early 1980s. A security officer is visible in the background.
In the mid-1990s, the Saint-Antoine offices were completely renovated, with only the vault door left unchanged. Telephone and internet banking arrived in 1996, expanding accessibility and transforming how members interacted with the caisse.
Caisse employees in the mid-1990s, following major renovations to the head office. At the time, in-branch transactions still represented a significant share of services. Telephone and internet-based AccèsD services launched in 1996, broadening accessibility.
A celebration was held at the Mount Royal Chalet, featuring a concert by the Montréal Firefighters’ Philharmonic, founded in 1921.
To mark the anniversary, dignitaries were treated to a crane ride (from left to right): Mayor Pierre Bourque, Caisse President Michel Parent, Desjardins Group President Claude Béland, and Benoît Bourque, first Chair of the Board of Directors in 1945.
In December 2020, Desjardins Group celebrated its 120th anniversary. The first credit union was founded on December 6, 1900, in Lévis by Alphonse Desjardins, with the help of his wife Dorimène Desjardins and about one hundred fellow citizens. Workplace credit unions followed, with Montréal firefighters among the first groups to establish one.