Crédit Coopératif is a French cooperative bank set up at the end of the 19th century. Its aim is to foster the development of social economy enterprises, associations, cooperatives, mutual companies, groups of companies, social entrepreneurs and entities of general interest. Another part of the clients are private individuals attracted by the involvements and values of the bank.
The first charity-based mutual fund, called « Faim et Développement », was created in 1983 thanks to Credit Cooperatif’s closeness with its members. Crédit Coopératif and its asset management company Ecofi Investissements propose the largest existing range of solidarity-based and sharing products (savings, investments, and means of payment).
Crédit Coopératif has been co-founder of FEBEA, but has also created SEFEA (European Ethical and Alternative Financing Company) and CoopEst (Investment Company supporting microfinance and social economy sector in Central and Eastern Europe). It continuously makes innovations introducing new solidarity mechanisms within financial practices: in 2011, it has set up the voluntary contribution on change transactions « CVTC Change solidaire », an innovative solution to contribute to development.
Crédit Coopératif is nowadays part of BPCE Group, the 2nd French banking group. Total Assets as of 2011: 13,96 billion euro.