Caisse centrale Desjardins, the treasurer of the Desjardins Group, today announced the opening of a new branch in the United States to increase its support to large and mid-sized Canadian companies that are expanding south of the border.

Operating under the name, Caisse centrale Desjardins U.S. Branch, it will also develop business contacts with local enterprises that would consider expanding in Canada.

Desjardins Group already offers retail banking retail services in the U.S. through the three branches of Desjardins Bank and financing services to businesses with Desjardins Commercial Lending Corp. USA.

“This new branch will replace progressively Desjardins Commercial Lending USA as it will entitle us to enlarge our product and service offer to our businesses clientele and to better support their projects across the border,” said Jean-Guy Langelier, president and COO of Caisse centrale Desjardins, in a news release.