CASSA RURALE ED ARTIGIANA DI BINASCO - CREDITO COOPERATIVO SOCIETA' COOPERATIVA

Cassa Rurale ed Artigiana di Binasco – Credito Cooperativo – Società Cooperativa is a local cooperative bank based in Binasco (Metropolitan City of Milan, Lombardy) that serves households, self‑employed professionals, small businesses, and non‑profits in its surrounding area. As a Banca di Credito Cooperativo (BCC), it operates on a mutual basis with member ownership (one member, one vote), a governance model centered on local decision‑making, and profits primarily allocated to reserves consistent with cooperative banking rules. The bank’s offering follows the standard BCC suite: current and savings accounts, domestic and SEPA payments, debit and credit cards, ATM access, online and mobile banking with strong customer authentication under PSD2, personal loans and mortgages, SME financing and guarantees, POS and e‑commerce acquiring, and distribution of insurance and asset‑management products through group companies. It operates within the cooperative credit network coordinated at group level by Iccrea, aligning risk, capital, and compliance frameworks with group policies; prudential supervision is carried out within the ECB Single Supervisory Mechanism at the consolidated level with day‑to‑day oversight by the Bank of Italy. Depositors are protected by the Fondo di Garanzia dei Depositanti del Credito Cooperativo up to €100,000 per depositor, and the sector’s institutional protection scheme helps support stability among participating BCCs. Disclosures and conduct are subject to Italian transparency rules, MiFID II for investments, consumer credit regulations, AML/KYC requirements, and access to the Arbitro Bancario Finanziario for dispute resolution. Pricing, eligibility, and terms vary by product and customer profile, with some conditions linked to cooperative membership; typical Italian tax treatment applies (e.g., stamp duty on financial products, 26% withholding on interest from bank deposits, 12.5% on Italian government securities held via the bank). The bank’s footprint and product shelf are those of a regional cooperative lender, with digital channels and open‑banking APIs supporting standard retail and small‑business needs.