The Caisses populaires acadiennes among the Top 101 Companies in Atlantic Canada

March 10, 2008
The Caisses populaires acadiennes have been selected as one of the Top 101 Companies in Atlantic Canada by Progress-Progrès magazine. The Caisses populaires acadiennes actually ranked 2nd overall on this prestigious list in terms of the quality of the organisation's internal practices as well as in human resources and the wellness of their employees.

"In a highly competitive financial market, it's important to have a highly qualified workforce. The Caisses populaires acadiennes' 1,200 employees are instrumental to the success of our company in New Brunswick. Their professionalism allows us to distinguish ourselves in the service we provide to our members. As a financial institution, we are proud to be on this list, especially in the knowledge that this wealth remains here in our province." said Camille Thériault, President and CEO of the Mouvement des caisses populaires acadiennes.

With a 12% increase in revenue last year, the Caisses populaires acadiennes have been featured on the list of the largest businesses in Atlantic Canada since participating in the survey. In addition to income growth, businesses were also evaluated on various other aspects such as the quality of internal practices, customer experience, innovation, governance as well as social involvement in the community.

It is also important to note that the Caisses populaires acadiennes did well on the balance of the general scorecard, ranking 9th. The general scorecard includes various categories evaluated by the specialists at the Sobey School of Business at Saint Mary's University. Ranking in this category is determined based on the company's performance as well as its management, in order to ensure sustainability and prosperity. Finally, the Caisses populaires acadiennes have ranked 19th in Atlantic Canada in terms of the company's income.

About the Mouvement :

The Mouvement des caisses populaires acadiennes was founded in 1946. It is the largest Acadian financial institution in New Brunswick. With its 200,000 members and global assets at more than $2.7 billion, this network consists of 31 Caisses and 86 service points in New Brunswick. More than 1,200 employees and 350 elected representatives constitute the strength of the organization. The Fédération des caisses populaires acadiennes is located at Place de l'Acadie in Caraquet, New Brunswick. For further details, go to our Web site at www.acadie.com.

For additional information :
Mario Griffin
Communications and Public Relations Manager
Telephone: 506 726-4785
Cel.: 506 724-0078
Fax: 506 726-8220
mario.griffin@acadie.com