CASDEN Banque Populaire
The cooperative bank for public sector employees

CASDEN Banque Populaire was founded in 1951 for public sector staff working in the fields of education, research and culture. Since December 2015, it has been the cooperative bank for public sector employees. Now counting close to 1.8 million cooperative shareholders, it aims to become the reference bank for public sector employees, by responding closely to the expectations and needs of its members.
Originally created by and for teachers, CASDEN Banque Populaire is today a cooperative bank serving the entire French civil service. It shares with its cooperative shareholders the same sense of common good and public service, and strives to satisfy their needs under the best possible conditions. It provides its cooperative shareholders with a comprehensive range of savings products, loans and guarantees. In 1974, it entered into a partnership with the Banques Populaires, giving its cooperative shareholders access to a full range of local banking services. Nearly 2,2 million cooperative shareholders have already joined CASDEN and Banque Populaire to enjoy exclusive advantages reserved for civil servants.

One of the specific features of CASDEN Banque Populaire is its activist network: CASDEN delegates defend the cooperative bank’s values and messages in the regions and run a network of correspondents who pass on information about CASDEN to their colleagues.

In its capacity as a company active in the social economy, CASDEN Banque Populaire promotes strong values such as cooperation, solidarity, equity, mutual trust, local presence, etc. It is particularly active in the fields of education, research, culture, sport, health, etc., and has forged many long-term partnerships with organizations, associations and foundations that share the same values. 

1951: Creation of the Caisse de Prêts de l'Education Nationale de Seine et Oise in the form of an association set up by, and for, teachers. One of its goals is to support all teachers by helping them with essential expenses related to setting up home for their families or educating their children. It became CASDEN Banque Populaire in 1957.

2015: CASDEN Banque Populaire makes its services available to all members of the French civil service.

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Savings and loans: a true reciprocity  

CASDEN Banque Populaire offers its cooperative shareholders a novel banking approach: everyone's savings finance everyone's projects. Indeed, the cooperative shareholders’ savings deposits earn them CASDEN Points⁽¹⁾, which are used to reduce their borrowing rates⁽²⁾. As a result, the more shareholders save, the lower their borrowing rates become⁽²⁾.

(1) Points are recognized at the end of each month.
(2) Offer subject to conditions and within the limits set by the loan offer, subject to acceptance of your file by the lending institution, CASDEN Banque Populaire. For the financing of an operation covered by Articles L 313-1 et seq. of the French Consumer Code (real estate loan), the borrower has a ten-day cooling-off period before accepting the loan offer. The completion of the sale is subject to obtaining the loan. If the loan is not obtained, the seller must reimburse any sums paid. For consumer credit, the borrower benefits from the legal withdrawal period.

The strength of the partnership with Banque Populaire  

Working with the Banques Populaires, CASDEN Banque Populaire offers its cooperative shareholders a comprehensive local banking service geared to meeting their needs. By becoming cooperative shareholders of CASDEN as well as customers of Banque Populaire, they can carry out all their banking operations within the same branch, enjoy access to the full range of services provided by both banks under the best conditions, and benefit from a very generous welcome offer. Another advantage is that cooperative shareholders who have not yet collected enough CASDEN Points can benefit from CASDEN's guarantee covering loans granted by Banque Populaire.