A Rich History
Desjardins Financial Security Investments Inc. - Brandon has a storied history, both locally and nationally. Our office today was shaped by a 2012 acquisition of MGI Financial (formerly Rice Financial) by Desjardins Group. Rice Financial was founded in Brandon by Tom Rice in 1968, and our office has remained its flagship location ever since. Since 1968 it has grown from a one-man operation in Brandon to encompass a network of over 100 corporate & independent locations across Canada.
In addition to our rich Brandon history, we now enjoy being a part of a Canadian success story. Since December 2012 we've been able to boast about being a part of the Desjardins story. Desjardins' origins date back over a century, when the co-operative & credit union organizational structure (so prevalent in the prairies today) wasn't even heard of. It was the first co-operative financial institution in North America, founded by Alphonse Desjardins in Lévis, Quebec in 1900, and the origin of the credit union business model we see all around us today.
From humble beginnings, Desjardins Group has grown to become Canada's 6th largest deposit-taking institution1, with $248 billion in assets2 and over 47,000 employees.2 Desjardins Group was ranked first in North America, ahead of all Canadian banks, in Bloomberg's World's 20 Strongest Banks in 2015.2
1 As of January 1, 2015.
2 As of December 31, 2015.