BANCA 2021 - CREDITO COPERATIVO DEL CILENTO, VALLO DI DIANO E LUCANIA - SOCIETA' COOPERATIVA

Banca 2021 – Credito Cooperativo del Cilento, Vallo di Diano e Lucania – Società Cooperativa is an Italian cooperative credit institution operating within the Credito Cooperativo network, with a territorial focus on the Cilento and Vallo di Diano areas of Campania and the Lucania area of Basilicata. It offers standard retail and small-business banking services, including current and savings accounts, payment services (SEPA transfers, cards, POS acquiring, PagoPA/CBILL, tax payments), mortgages and consumer credit, lending to SMEs and agriculture, and distribution of investment and insurance products through group and partner platforms; digital channels typically include internet and mobile banking alongside a local branch network. Governance follows the cooperative model (member-owned with one-member-one-vote), with internal bodies elected by members and operations subject to Italian and EU prudential supervision; customer onboarding and transactions are governed by AML/KYC and data protection requirements. Deposits are protected by the Fondo di Garanzia dei Depositanti del Credito Cooperativo up to the statutory limit of €100,000 per depositor, and the cooperative sector maintains an institutional protection scheme designed to support member banks. Pricing, rates, and contractual conditions are published in mandatory transparency documents (Foglio Informativo and related disclosures) and may vary by customer profile, membership status (socio), and branch; lending conditions often reference market benchmarks (e.g., Euribor for variable-rate and IRS for fixed-rate structures) with bank-specific spreads and fees. The bank’s target market is households, professionals, micro and small enterprises, and agricultural operators in its home territory; some procedures can require in-branch interaction, and non-resident relationships may involve additional documentation. Cooperative shareholdings subscribed by customers to become members are not equivalent to demand deposits, can be illiquid, and are subject to redemption rules and valuation criteria set by the bank and applicable regulations; investment services involve market and credit risks, and loans can entail collateral, insurance, and early repayment terms as defined by contract and law. Complaints are handled through an internal office with recourse to the Arbitro Bancario Finanziario and mediation channels provided under Italian regulations. Potential customers should review the latest public disclosures, fees, and risk factors for each product line and verify availability of services in their municipality before initiating a relationship.