8 - How are Livret A and other savings accounts covered?

There are two types of savings accounts:


1) Livret type ‘A’ savings accounts (Livret Bleu savings accounts in the Crédit Mutuel network), Livret Développement Durable (LDD) savings accounts and Livret d’Epargne Populaire (LEP) savings accounts are covered by the French government because they are regulated savings products centralised at the Caisse des Dépôts et Consignations to help finance public policies.


All amounts deposited in savings accounts guaranteed by the French government are covered up to an amount of €100,000 per customer, per institution. The FGDR compensates customers on behalf of the French government.



2) All other savings accounts are covered by the FGDR's deposit guarantee scheme:

  • savings accounts savings schemes,
  • home savings accounts and home savings schemes(CEL, PEL),
  • Livrets Jeunes savings accounts …


The amounts deposited in these savings accounts and savings schemes are covered by the FGDR, added to other deposit accounts and compensated up to a maximum of €100,000 per customer, per institution.


To learn more, refer to the "Deposit Guarantee" section.

Click here to download the FGDR Brochure.