BANCA DI ANDRIA DI CREDITO COOPERATIVO - SOCIETA' COOPERATIVA PER AZIONI A RESPONSABILITA' LIMITATA

BANCA DI ANDRIA DI CREDITO COOPERATIVO - SOCIETA' COOPERATIVA PER AZIONI A RESPONSABILITA' LIMITATA is a local cooperative bank based in Andria (Apulia, Italy) operating within the BCC cooperative credit sector. Its core activities cover retail and small-business banking, including current and savings accounts, domestic and SEPA payments, debit and credit cards, term deposits, personal and mortgage lending, SME and agribusiness financing, and the distribution of investment and insurance products through network partners. Governance follows the cooperative model with member shareholding and one-member-one-vote; banking services are available to members and non-members, while member-specific conditions, share amounts, and any dividend or patronage policies are set by internal rules. In line with the 2016 reform of Italy’s cooperative credit, the bank is affiliated with a national cooperative banking group that provides centralized risk, capital, and liquidity support; prudential oversight falls under the Italian and EU framework (Bank of Italy/ECB, CRR/CRD, PSD2, AML). Eligible deposits are protected up to EUR 100,000 per depositor by the BCC deposit guarantee scheme recognized under EU rules, and an institutional protection scheme operates at sector level. Distribution is centered on branches in the home territory, complemented by online and mobile banking delivered via the cooperative IT platform; availability of features such as instant payments, digital wallets, contactless provisioning, and remote onboarding depends on the shared systems adopted. Pricing, interest rates, and eligibility criteria are set locally and vary by product and customer profile; official fee schedules (foglio informativo) and pre-contractual documentation specify costs, yields, and risks. The business model is geographically concentrated and may offer a narrower range of specialized corporate services and slower adoption of advanced digital capabilities than larger national groups; prospective customers should verify current product terms, identification requirements, and service coverage before opening accounts or applying for credit.