In April 2017, GE Money Bank was acquired by Cerberus Capital Management and started operating as My Money Bank. My Money Bank is specialized in consumer credit, car loans and savings accounts.
In 2018 total assets of My Money Bank were 2 804,52 mln EUR. In 2018 the bank's net income was 55,72 mln EUR.
My Money Bank participates in the deposit guarantee scheme of France. This deposit guarantee scheme applies to all deposit accounts made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. My Money Bank is a member of Fonds de Garantie des Dépôts et de Résolution (FGDR) and makes its contributions into it.
My Money Bank is headquartered in PARIS LA DEFENSE CEDEX.