CASSA RAIFFEISEN DI SCENA SOCIETA' COOPERATIVA (IN LINGUA TEDESCA RAIFFEISENKASSE SCHENNA GENOSSENSCHAFT)

Cassa Raiffeisen di Scena Società Cooperativa (Raiffeisenkasse Schenna Genossenschaft) is a local cooperative bank based in Scena/Schenna in the Province of Bolzano-Bozen (Trentino-Alto Adige/Südtirol), operating within the South Tyrolean Raiffeisen network and serving households, small enterprises and agriculture in and around Schenna and Merano. Its offering covers current and savings accounts, payment services including SEPA transfers, cards and ATM access, lending such as mortgages, consumer loans and credit lines, and the placement of investment and insurance products through group or external partners; online and mobile banking channels are available, and service is typically provided in both Italian and German. As a cooperative, ownership is held by member-clients who subscribe shares and vote in the general assembly; shares are subject to statutory transfer limits and any remuneration is restricted by cooperative rules, with a significant portion of earnings commonly allocated to reserves. The bank is supervised in Italy within the European banking framework for less significant institutions, under the Bank of Italy with ECB oversight, and operates under PSD2, AML/KYC and GDPR requirements. Deposits are covered up to 100,000 euro per depositor under the Italian deposit guarantee scheme applicable to cooperative credit banks; investment and insurance products are not deposit-guaranteed and carry market, credit and liquidity risks. Conditions, eligibility and pricing for accounts, loans and ancillary services depend on local policies and customer profiles, and documentation requirements can include proof of identity, residence and income; prospective clients should review the latest information sheets, fee schedules and key information documents before signing. The bank’s limited geographic footprint implies a branch-centric model and lending practices aligned with the local economy, which can affect product availability, limits and decision times relative to larger national institutions.