Crédit Mutuel is a French cooperative bank, with headquarters in Strasbourg, Alsace. Its slogan is "La banque à qui parler" (The bank to speak to). It is currently run by Daniel Baal and has 7.4 million customers – roughly half of whom live in the Grand-Est, i.e. Alsace, Lorraine, Franche-Comté and Burgundy. It is a member of the International Raiffeisen Union (IRU), which is an association of cooperatives based on the ideas of Friedrich Wilhelm Raiffeisen.
|Products||Banking, Corporate banking, Private banking and insurance|
|Revenue||€1,465 million (2016)|
|€4,546 million (2016)|
|€11,977 million (2016)|
Number of employees
In 2010 the French government's Autorité de la concurrence (the department in charge of regulating competition) fined eleven banks, including Crédit Mutuel, the sum of €384,900,000 for colluding to charge unjustified fees on check processing, especially for extra fees charged during the transition from paper check transfer to "Exchanges Check-Image" electronic transfer.
- "Archived copy". Archived from the original on 2013-11-05. Retrieved 2014-05-18.CS1 maint: archived copy as title (link)
- Collusion in the banking sector, Press Release of Autorité de la concurrence, République Française, 20 September 2010, retrv 2010 9 20
- 3rd UPDATE: French Watchdog Fines 11 Banks For Fee Cartel [permanent dead link], Elena Bertson, Dow Jones News Wires / Wall Street Journal online, retr 2010 9 20