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Municipal Credit Union (MCU) is a state chartered credit union headquartered in New York City, regulated under the authority of the National Credit Union Administration (NCUA). MCU is metro New York's largest credit union. As of 2018, MCU had $2.68 billion in assets. [1]
The Mzansi Account is the result of the major South African banks working collectively to provide a standard for new bank accounts, which is affordable, readily available and suits the specific needs of the previously unbanked communities. Each bank has established its own pricing competitively.
Bank Zero, registered with the South African Reserve Bank in 2018, is an exclusively digital mutual bank in South Africa. It offers banking to both individuals and businesses. Bank Zero joins other new banks in South Africa, such as TymeBank and Discovery Bank.
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Spot Money SA (Pty) Ltd. is a South African mobile banking platform. The company launched as Virgin Money South Africa in 2006, as a partnership between Virgin Group (owners of the Virgin Money brand) and Absa , as an issuer of credit cards. [1]
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TymeBank is an exclusively digital bank based in South Africa, aimed at the lower income market.
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RMB - Rand Merchant Bank. Grindrod Bank Limited. Imperial Bank South Africa. Investec Bank Limited. Ithala Bank. Mercantile Bank Limited. Nedbank Limited. Sasfin Bank Limited. Standard Bank of South Africa.
Banking in South Africa is centred on the South African Reserve Bank (SARB), which is the monetary authority and controls gold and foreign exchange reserves. Legislation and regulatory authorities. Banks Act, 1990. Financial Sector Regulation Act, 2017. Prudential Authority within SARB.