At Crédit Mutuel Alliance Fédérale, our members hold capital in the form of cooperative shares. Members participate in the decisions of their local cooperative bank and make sure it is properly managed. Crédit Mutuel’s local cooperative banks belong to their members, not as individuals but as a single indivisible group. As independent credit institutions, they form the bedrock of the mutual organization.
Each local bank is a member of a Crédit Mutuel federation, which is itself a member of the Confédération Nationale du Crédit Mutuel. Each federation is responsible for representing, leading and supervising the local banks that comprise it.
Within Crédit Mutuel Alliance édérale, the local banks are also members of Caisse Fédérale de Crédit Mutuel, which functions as a technical and financial resource that serves their needs. The Caisse Fédérale offers cross-functional support services that help to underpin an efficient mutualist approach.
As the central body, the Confédération Nationale du Crédit Mutuel plays a role in prudential and supervisory matters. It also represents the Crédit Mutuel Group at national level in dealings with public authorities, and defends the brand and its interests.