Caixa de Credito Agricola Mutuo de Mafra

What Caixa de Credito Agricola Mutuo de Mafra does

Caixa de Crédito Agrícola Mútuo de Mafra, CRL is a Portuguese cooperative credit institution (Instituição de Crédito) founded in 1957 and headquartered in Mafra, within the Lisbon Metropolitan Area. The bank operates under a mutualist cooperative framework regulated by the Bank of Portugal, with SICAM exoneration granted in 2003, and is a member of Agrimútuo – Federação Nacional das Caixas de Crédito Agrícola Mútuo. It serves approximately 30,000 customers and 5,000 cooperative associates through 6 physical branches (Mafra, Encarnação, Azueira, Póvoa da Galega, Malveira, Ericeira), 27 ATMs across 17 freguesias, and 200+ TPA payment terminals in local merchants, plus the Net.CC@MMafra digital banking platform.

The product portfolio is a complete retail banking suite: demand and basic accounts (Conta à Ordem, Conta Base, Serviços Mínimos Bancários), segmented savings products (Poupança Jovem, Mealheiro, Reforma, Condomínio, Novo Capital term deposit at 1.75% TANB), mortgage loans (Crédito Habitação), consumer credit, Linha Agrícola agricultural credit, renewable energy credit (TAN 5.5%, TAEG 6.7%), and the state Garantia Pública program for first-time home buyers under 35. Payment services include debit and credit cards and MB WAY mobile payments. Insurance is distributed through the branch network as an affiliate referral stream, and credit intermediation plus real estate services round out the offering. The technology stack combines traditional cooperative banking infrastructure with PSD2-compliant Open Banking APIs delivered through the SIBS API Market, multi-authentication on Net.CC@MMafra, and statistical/segmentation techniques for credit risk and AML compliance.

The business model relies on three revenue streams: (1) interest income from the mortgage, consumer, agricultural, and investment credit book; (2) commissions and fees from accounts, transactions, and the published Preçário schedule; and (3) affiliate referral commissions from insurance distribution. Distribution is direct-to-consumer via the branch network, digital banking, telephone hotline, and ATM/POS network, with marketing reinforced through community social programs (Misericórdias partnerships, youth initiatives) and financial literacy (Grico). Customer segmentation is hybrid across the agricultural sector, general retail, youth (12–26), seniors, and local SMEs (PME Líder program), positioning the bank as the 'Motor do Desenvolvimento do Concelho' (Engine of Development of the Municipality).

Name

Caixa de Credito Agricola Mutuo de Mafra

Legal name

Caixa de Crédito Agrícola Mútuo de Mafra, CRL

Website

https://ccammafra.pt

Company type

Private

Founded year

1957

Operating status

Operating

Headcount range

11–50 employees

Short description

Caixa de Crédito Agrícola Mútuo de Mafra is a Portuguese cooperative bank serving roughly 30,000 customers and 5,000 members in the Mafra municipality through 6 branches, 27 ATMs, and digital banking, offering deposits, mortgage and agricultural credit, cards, insurance, and PSD2 Open Banking services.

Ownership category

akta.pro rank

Headquarters

HQ city

Malveira

HQ country

Portugal

HQ region

Europe

Offices7 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Interest Income: Traditional banking interest income from lending activities including mortgage loans (Crédito Habitação), consumer credit, agricultural credit lines, and investment financing.
2. Commission and Fee Income: Commissions and fees from account maintenance, transactions, credit operations, and other banking services as outlined in the official fee schedule (Preçário).
3. Insurance Distribution: Commission revenue from sale and distribution of insurance products through the bank's commercial network.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Caixa de Crédito Agrícola Mútuo de Mafra is a cooperative financial institution offering retail banking services to the Mafra municipality community. Its core offerings include deposit accounts (current accounts, term deposits, and age-targeted savings products), credit products (mortgage, consumer, agricultural, renewable energy, and investment credit), debit and credit cards, MB WAY mobile payments, insurance distribution, real estate services, and credit intermediation. Digital banking is delivered through the Net.CC@MMafra platform, supported by 6 physical branches and 27 ATMs.

Product overview

CCAM de Mafra is a cooperative credit institution offering a comprehensive suite of banking products and services. The portfolio includes deposit accounts (Conta à Ordem, Conta Base, and various savings accounts such as Poupança Jovem, Poupança Mealheiro, Poupança Reforma, and Poupança Condomínio), credit products (mortgage loans, consumer credit, agricultural lines, and energy efficiency loans), cards (debit, credit, and MB WAY mobile payments), insurance, and real estate services. Digital banking is provided through the Net.CCAMMafra platform with multi-authentication security. The institution operates with a local focus in Mafra municipality, serving approximately 30,000 customers and 5,000 members across 6 branches.

Differentiator

Problem solved

Functional benefit

Brands

• Grico: Financial literacy mascot for children, introduced to help teach financial literacy to young people in a fun and engaging way.
• Net.CC@MMafra

Products and services

• Net.CCAMMafra Online Banking
• Conta à Ordem (Current Account)
• Conta Base
• Serviços Mínimos Bancários
• Conta a Prazo Novo Capital (Term Deposit)
• Poupança Jovem
• Poupança Mealheiro
• Poupança Reforma
• Poupança Condomínio
• Crédito Habitação (Mortgage Loan)
• Crédito Consumo (Consumer Loan)
• Linha Agrícola (Agricultural Credit Line)
• Crédito Energias Renováveis (Renewable Energy Credit)
• Garantia Pública (State Personal Guarantee)
• Cartão Débito (Debit Card)
• MB WAY Mobile Payments
• Cartão Crédito (Credit Card)
• Seguros (Insurance Distribution)
• Imobiliário (Real Estate Services)
• Intermediação de Crédito (Credit Intermediation)
• Grico (Financial Literacy Program)

Quantifiable outcome

• Serves approximately 30,000 customers with 5,000 cooperative associates
• +1 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability2 records

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Vista AlegrecoreStrategic or Co-development Partner · 1 March 2025Collaboration between Vista Alegre and Tapada Nacional de Mafra, promoting cultural heritage and local tourism. Vista Alegre is a prestigious Portuguese porcelain and glassware brand with historical national significance.
• Tapada Nacional de MafracoreStrategic or Co-development PartnerPartnership for cultural preservation and promotion of the National Palace of Mafra and Tapada Nacional de Mafra, two of the most emblematic spaces of the municipality with national projection.
• SIBS API MarketcoreTechnology or IntegrationOpen Banking channel provider through SIBS API Market platform, enabling PSD2-compliant API access for account information and payment initiation services.
• Deloitte & Associados, SROC S.A.coreOthersAppointed as the official external auditor (Revisor Oficial de Contas) of Caixa de Mafra, providing statutory audit services.
• Agrimútuo - Federação Nacional das Caixas de Crédito Agrícola MútuocoreStrategic or Co-development PartnerNational federation of Crédito Agrícola Mútuo institutions, with Caixa de Mafra as an integrated member. The President of Caixa de Mafra serves as President of the federation.
• Misericórdias of Mafra, Ericeira and Venda do PinheirominorStrategic or Co-development PartnerProtocols supporting elderly care through Day Centers (Centros de Dia) and transportation to health services through associations with Firefighters (Bombeiros).

Scale indicators6 records

Recent moves2 records

Expansion highlights5 records

Broad incumbents

• Novo Banco: Large Portuguese commercial bank with nationwide retail and digital banking operations. Represents a competitive threat to Caixa de Mafra in retail deposits and consumer credit in the Lisbon metropolitan area.
• Millennium BCP: One of Portugal's largest private commercial banks, with extensive retail branch and digital banking presence. Competes with Caixa de Mafra for retail deposits, mortgage lending, and SME banking in the Lisbon region.
• Caixa Geral de Depósitos: Portugal's largest state-owned bank, offering a full range of retail and commercial banking products across the country. Competes with Caixa de Mafra in the local market for deposits, mortgages, and SME lending.
• Banco BPI: Major Portuguese commercial bank with strong retail and SME presence. Competes with Caixa de Mafra in mortgage lending, investment credit, and agricultural finance in the Mafra region.
• Crédito Agrícola (the national group/brand): The national brand and central organization of the Crédito Agrícola network, of which Caixa de Mafra is a member. Provides shared infrastructure, funding, and brand recognition but operates at scale across Portugal.
• Santander Totta: Portuguese subsidiary of Banco Santander, offering full retail banking services. Competes with Caixa de Mafra for retail customers and SME banking in the Lisbon region.

Emerging players

• ActivoBank: Portuguese digital bank focused on retail and SME clients, offering competitive digital banking products. Competes with Caixa de Mafra for digitally-engaged retail customers in the Lisbon metropolitan area.
• Revolut Portugal: Digital-first neobank operating in Portugal with low-cost accounts and payment services. Represents an emerging competitive threat to community banks like Caixa de Mafra for younger retail customers and digital-native segments.

Direct peers

• Caixa de Crédito Agrícola Mútuo de Leiria: Another Portuguese Caixa de Crédito Agrícola Mútuo under the Agrimátuo federation, operating a similar cooperative banking model with deposit, credit, and insurance products for a regional client base. Most directly comparable in legal structure, product mix, and target market.
• Caixa de Crédito Agrícola Mútuo de Torres Vedras: Neighboring cooperative bank in the Lisbon region serving a similar municipal-level market with the same Agrimátuo federation affiliation. Highly comparable in customer base, product offering, and geographic scale.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Caixa de Credito Agricola Mutuo de Mafra