BANCA DI CREDITO COOPERATIVO DI RECANATI E COLMURANO - SOCIETA' COOPERATIVA

BANCA DI CREDITO COOPERATIVO DI RECANATI E COLMURANO - SOCIETA' COOPERATIVA is a local cooperative credit institution anchored in Recanati and Colmurano (Marche, Italy). It operates a branch-centered model complemented by digital channels, offering standard retail and small-business services such as current and savings accounts, payment cards, domestic and SEPA payments, merchant services (POS and payment acceptance), consumer and mortgage lending, and short- to medium-term financing for micro and small enterprises and agriculture. As a cooperative, ownership is held by members under the one-member-one-vote principle; membership is governed by bylaws and typically requires the subscription of cooperative shares, while banking services are also available to non-members. The bank is supervised within the Italian and EU prudential framework (Bank of Italy/SSM) and adheres to EU rules including PSD2 for payments and Basel III capital standards; deposits are protected up to 100,000 euro per depositor per bank through the deposit guarantee scheme for cooperative credit banks (Fondo di Garanzia dei Depositanti del Credito Cooperativo). Pricing, interest rates, and credit terms are set locally and vary by product and customer risk profile; lending is relationship-driven and concentrated in the surrounding territory, implying limited geographic diversification. Product depth is typical of a regional cooperative bank, with investment and insurance distributed through partners in the cooperative sector and with annual financial statements and regulatory disclosures published under applicable requirements. Prospective clients should review membership conditions, fees, and digital functionality against their needs, and businesses with complex treasury or capital-markets requirements may need complementary providers.