Crédit Mutuel

Crédit Mutuel
Company typeCredit union
IndustryFinancial services
Predecessor27 February 1882 (1882-02-27) first bank based on the Raiffeisen model
Founded10 September 1947 (1947-09-10) first cooperative bank of Crédit Mutuel
Headquarters,
France
Key people
Nicolas Théry, President of the National Confederation and of Crédit Mutuel Alliance Fédérale;
Julien Carmona, president of Crédit Mutuel Arkéa
Products
Revenue 20.4 billion (2022)
€7 billion (2022)
€4.1 billion (2022)
Total assets €1.108 trillion (2022)
Total equity €68.6 billion (2022)
Number of employees
83,636 (2022)
Websitecreditmutuel.com

Crédit Mutuel (French pronunciation: [kʁedi mytɥɛl]) is a French cooperative banking group, one of the country's top five banks with over 30 million customers. It traces its origins back to the German cooperative movement inspired by Friedrich Wilhelm Raiffeisen in Alsace–Lorraine under German rule, in the 1880s. Crédit Mutuel was a member of the International Raiffeisen Union (IRU).

Crédit Mutuel has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.