BANCA DI CREDITO COOPERATIVO LA RISCOSSA DI REGALBUTO - SOCIETA' COOPERATIVA

BANCA DI CREDITO COOPERATIVO LA RISCOSSA DI REGALBUTO - SOCIETA' COOPERATIVA is an Italian mutual cooperative bank headquartered in Regalbuto (Province of Enna, Sicily) that operates the traditional BCC model focused on retail and small business customers in its local area. Following Italy’s cooperative credit reform, it belongs to a cooperative banking group and is subject to consolidated oversight, with prudential supervision by the Bank of Italy and, at group level, the ECB’s Single Supervisory Mechanism; deposits are protected by the Fondo di Garanzia dei Depositanti del Credito Cooperativo up to €100,000 per depositor, and the sector’s institutional protection scheme provides additional support mechanisms. The bank offers current accounts, savings and term deposits, payment services (SEPA credit transfers and direct debits, domestic tax and bill payments including PagoPA), debit and credit cards on the Bancomat/PagoBANCOMAT and international circuits, mortgages and consumer credit for households, financing and guarantees for small firms and agricultural enterprises, and POS/acquiring services; it also distributes investment and insurance products under MiFID II and the Insurance Distribution Directive, including mutual funds, bonds and life/non-life policies via cooperative-system partners. Distribution relies on a small branch footprint in its catchment area, complemented by ATMs and remote channels such as internet and mobile banking that implement PSD2 strong customer authentication; instant payments and remote onboarding may be available depending on channel and eligibility. Pricing and conditions vary by product and customer segment, with specific terms for cooperative members; the bank provides standard pre-contractual disclosures (foglio informativo and other documents required by Italian transparency rules, including KIDs where applicable). Governance follows the cooperative principle (one member, one vote), with limited transferability of member shares and a mutualistic purpose as defined by the Testo Unico Bancario; risk management, technology and certain back-office processes are supported by the banking group, while credit origination remains locally oriented. Key considerations include the typical risk profile of small cooperative lenders—exposure to the local economy and client concentration, sensitivity to interest-rate movements, and dependence on the Italian banking and sovereign environment—alongside operational reliance on shared platforms and compliance obligations in AML/KYC and data protection. Prospective clients should verify branch and service availability in their municipality, review current fees and rates, and consult the most recent financial statements and Pillar 3 disclosures of the bank and its cooperative banking group to assess capital, asset quality and liquidity before engaging.