Bank Spółdzielczy w Mońkach

Bank Spółdzielczy w Mońkach is a Polish cooperative bank based in Mońki (Podlaskie voivodeship) that operates under the Cooperative Law and Banking Law, is supervised by the Polish Financial Supervision Authority (Komisja Nadzoru Finansowego), and participates in the Bankowy Fundusz Gwarancyjny deposit guarantee scheme, which covers eligible deposits up to the PLN equivalent of EUR 100,000 per depositor. The bank serves retail customers, micro and small enterprises, farmers, and local institutions, offering standard cooperative banking products such as current and savings accounts, term deposits, debit cards, domestic and international transfers, and lending for consumer, housing, and business purposes subject to credit assessment and collateral. Distribution is focused on a local branch network complemented by electronic banking; strong customer authentication is applied in line with PSD2 requirements. Pricing, interest rates, and foreign exchange terms are set out in publicly available schedules and can differ by account package and customer segment; cash and ATM usage costs depend on the card program and network. The bank participates in national clearing systems for PLN transfers, with cross-border payments available via SEPA/SWIFT where applicable. As a cooperative, ownership is open to members who acquire cooperative shares and exercise voting rights; standard banking services are also accessible to non-member clients. Prospective customers should review the bank’s fee tables, interest conditions, collateral requirements, and complaint and dispute procedures before opening or using products.