It was on November 22 1943 that 21 members began the proceedings to found a caisse populaire in North Bay. On December 2nd of the same year, the Ministry of Agriculture gave its approval to Caisse Populaire St-Vincent de Paul ( North Bay) and recognized this new entity as a financial institution. The assets at the time were at approximately $19,000.

Caisse populaire North Bay is a founding member of l'Alliance des caisses populaires de l'Ontario Limitée and became linked to the computer network in June of 1988. Since this date,the caisse has seen tremendous growth. In order to better serve its members, a branch was opened in 1991 on Algonquin avenue and a "school caisse" opened at École secondaire Algonquin in 1994.

From 1980 to the year 2002, the asset base has grown from $9,000,000. to $59,000,000. with over 6000 members.