CASSA PADANA BANCA DI CREDITO COOPERATIVO SOCIETA' COOPERATIVA

CASSA PADANA BANCA DI CREDITO COOPERATIVO SOCIETA’ COOPERATIVA is an Italian cooperative bank based in Leno (Brescia), operating primarily across Lombardy and nearby regions with a focus on households, small and midsize enterprises, agriculture, and the third sector. As a Banca di Credito Cooperativo, it follows the one-member-one-vote governance model and, following Italy’s BCC reform, is part of the Gruppo Bancario Cooperativo Iccrea, bringing centralized risk controls and group policies under European banking rules (CRR/CRD) with prudential supervision involving the Bank of Italy and the ECB at group level. The bank provides current and savings accounts, payments and cash management, debit cards on domestic PagoBANCOMAT and international circuits, credit cards issued via group channels, POS acquiring, and SEPA services, with online and mobile banking for remote operations; availability of digital wallets and contactless services depends on card type and network. Lending covers personal loans, residential mortgages, business credit lines, leasing and factoring through group companies, and guarantees; investment and savings products include government and corporate securities placement, funds and portfolio services under MiFID II suitability rules, and bancassurance for life and non-life coverage via partners. Deposits are protected by the Fondo di Garanzia dei Depositanti del Credito Cooperativo up to €100,000 per depositor per bank; cooperative membership shares, if subscribed, are equity instruments not covered by this scheme and may be illiquid or subject to loss. Pricing varies by account and usage, with published fee schedules detailing maintenance, domestic and cross-border payments, card and ATM charges, and foreign currency costs; interest rates are variable and set per product. The bank’s service model is branch-led with digital channels for everyday needs, a local geographic scope, and standard Italian KYC/AML requirements for onboarding, which may be limited to residents or customers in its catchment area depending on the product.