CIBC vs Desjardins: which is better? Comparison 2026

By our public methodology CIBC and Desjardins score the same — 96 out of 100. Below: where they differ by factor and by fact.

Banks in Canada 2026: a ranking built on verified facts How we rank

1

CIBC

96/100
2

Desjardins

96/100

Score breakdown

CIBCDesjardins
Safety100100
Digital services8686
Products100100
Transparency10099

Pros and cons

CIBC

  • Wide range of products for private customers
  • Long track record as a licensed bank
  • Member of a deposit protection scheme
  • Holds its own current rating from a recognised agency

Desjardins

  • Wide range of products for private customers
  • Long track record as a licensed bank
  • Member of a deposit protection scheme
  • Holds its own current rating from a recognised agency

Facts side by side

FactCIBCDesjardins
Licensed since1867 cibc.com1900 desjardins.com
Deposit protectionYes cdic.caYes desjardins.com
Agency ratingYes cibc.comYes desjardins.com
Annual reports onlineYes cibc.comYes desjardins.com
Mobile appYes cibc.comYes desjardins.com
Open an account onlineYes cibc.comYes desjardins.com
Instant paymentsYes cibc.comYes desjardins.com
24/7 supportNo cibc.comNot verified
Retail lines offered (of 6)6 cibc.com6 desjardins.com
Tariffs onlineYes cibc.comYes desjardins.com
Deposit rates onlineYes cibc.comYes desjardins.com
Complaints procedure publishedYes cibc.comYes desjardins.com
Branches in the country987 cibc.com547 desjardins.com

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