Glossary entry

French term or phrase:

Service aux caisses

English translation:

Service to Credit Unions

Added to glossary by Stephanie Mitchel
Dec 10, 2008 19:16
15 yrs ago
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French term

Service aux caisses

French to English Tech/Engineering Computers: Systems, Networks organization
Back office shared services guidelines in an investment context. Canada.

"Conformité réglementaire>Service de la VP AP>Service aux caisses - fonds de placements et caisse intégrée"

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Proposed translations (English)
3 Service to Credit Unions
3 teller service

Proposed translations

1 hr
Selected

Service to Credit Unions

In the province of Quebec les banques populaires (cooperative units) are known as caisses or caisses populaires. Since the text appear to be talking about backoffice services provided to the sector I think it would be safe to translate as "Credit unions" and to keep "caisses" in brackets since it is a unique thing to Quebec.

Here is a quote from the source quoted below:

Credit unions and caisses populaires are co-operative financial institutions owned and controlled by their members. Their ownership and corporate governance are based on co-operative principles, and their main purpose is to provide deposit and loan services to members. In most provinces, each customer is required to become a member of the credit union or caisse populaire. Each member has one vote, regardless of the size of deposit or share capital held.



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4 KudoZ points awarded for this answer. Comment: "Thank you. (It turns out the client uses 'caisse' even in English.)"
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