BANCO FIORENTINO - MUGELLO IMPRUNETA SIGNA - CREDITO COOPERATIVO - SOCIETA' COOPERATIVA

Banco Fiorentino – Mugello Impruneta Signa – Credito Cooperativo – Società Cooperativa is a member-owned Italian cooperative bank operating across the Mugello area and the Florence metropolitan belt, with a branch-based model focused on households, artisans, small businesses, agriculture, and the third sector. As a BCC, it follows the “one member, one vote” governance principle and operates within the national cooperative banking group framework introduced by Italy’s 2019 reform, which provides centralized risk control, funding access, and an institutional protection scheme alongside the sector’s deposit guarantee for up to €100,000 per depositor in line with EU rules. The bank’s offering covers current and savings accounts, SEPA payments and direct debits, domestic and international transfers, debit and credit cards, ATMs, and internet/mobile banking compliant with PSD2 strong customer authentication. Lending includes mortgages, personal loans, and SME credit lines; merchant services (POS/acquiring), leasing, factoring, insurance, and basic investment services are typically distributed via group partners. Pricing and conditions are disclosed through the standard Italian “fogli informativi,” with cost indicators for accounts and key information documents for packaged investment products. The operating profile is characterized by local relationship lending and a credit book concentrated in the regional economy; capital, liquidity, and non-performing exposure management follow the supervisory framework applied to cooperative banks by the Bank of Italy/ECB via the parent group. Digital capabilities reflect the shared platforms used across the cooperative network, while nationwide physical coverage and product breadth are more limited than at large universal banks. Overall, the institution is positioned as a locally focused retail and SME lender with cooperative governance and group-level safeguards under Italy’s cooperative banking structure.