Caisse régionale de crédit agricole mutuel de la Réunion products, services and reviews

About Caisse régionale de crédit agricole mutuel de la Réunion

Caisse régionale de crédit agricole mutuel de la Réunion is the Crédit Agricole Group’s cooperative bank serving Réunion, operating under French law as a mutualist regional entity. It offers standard retail and professional banking services, including current accounts, payment cards (typically Visa), cheque facilities, domestic and SEPA transfers, and a network of local branches and ATMs on the island alongside web and mobile banking. Savings products include state‑regulated accounts (Livret A, LDDS, LEP when eligible), housing plans (PEL/CEL), term accounts, life insurance policies, and securities accounts (PEA and ordinary accounts) distributed through group platforms, with investment services subject to market risk. Lending covers consumer credit, vehicle and personal loans, home loans, overdrafts, and financing for professionals, farmers, associations, and SMEs (equipment, working capital, leasing, real estate), as well as merchant services and payment terminals. Digital channels support standard features such as account consultation, instant transfers, card controls, strong customer authentication (PSD2), and mobile wallet compatibility where available. As a French credit institution, it is supervised by the ACPR, and eligible deposits are protected by the FGDR up to €100,000 per depositor per institution; the investor compensation scheme for securities services is up to €70,000. Customers may become cooperative members by subscribing for parts sociales, which confer governance rights and limited remuneration. Fees follow a published tariff brochure covering account maintenance, cards, withdrawals outside network or area, transfers, and overdrafts; regulated products follow state‑set rules and rates. Standard KYC documentation is required for opening and lending, and disputes can be escalated to an independent mediator under French consumer law.