In April 2017, GE Money Bank was acquired by Cerberus Capital Management and started operating as My Money Bank. My Money Bank is a bank focused on the quality of service as well as the relationship with its customers and partners. My Money Bank is specialized in consumer credit, car loans and savings accounts.
Deposits up to 100,000 EUR are covered by French deposit guarantee scheme in My Money Bank.
In 2023 total assets of My Money Bank were 8,521.85 mln EUR. In 2023 the bank's net income was -27.73 mln EUR.
My Money Bank protects deposits up to up to 100,000 EUR per depositor through France's deposit guarantee scheme. The scheme applies to all deposit accounts made by natural persons, legal entities. The bank participates in the Fonds de Garantie des Dépôts et de Résolution (FGDR), making regular contributions into it.
My Money Bank is headquartered in PARIS LA DEFENSE CEDEX.