RIVIERABANCA - CREDITO COOPERATIVO DI RIMINI E GRADARA - SOCIETA' COOPERATIVA

RIVIERABANCA – Credito Cooperativo di Rimini e Gradara – Società Cooperativa is an Italian mutual bank operating mainly in the provinces of Rimini (Emilia-Romagna) and Pesaro e Urbino (Marche), formed from the combination of the cooperative banks of Rimini and Gradara. It belongs to the Gruppo Bancario Cooperativo Iccrea, which provides centralized functions such as risk management, treasury, and core IT, and it participates in the Fondo di Garanzia dei Depositanti del Credito Cooperativo that covers eligible deposits up to 100,000 euro per depositor per bank under EU rules; the group also operates an institutional protection scheme to support member banks’ stability. The bank’s activity is oriented to households, professionals, small and medium-sized enterprises, and local agriculture, offering current accounts, savings and term deposits, domestic and SEPA payments, debit and credit cards, mortgages and consumer credit, and SME financing; investment and insurance products are typically distributed via group companies in line with MiFID II and IVASS regulation. Account opening entails standard KYC/AML checks and, for those seeking member status, the purchase of cooperative shares; conditions may differ between members and non-members. Services are delivered through a local branch network and remote channels (internet and mobile banking with strong customer authentication under PSD2), with availability of specific products and features varying by branch and customer profile. Pricing and contractual terms are provided in the required “fogli informativi,” and commonly include charges for account maintenance, cards, transfers, and cash operations; international services use IBAN/SEPA and SWIFT for cross-border payments. Governance follows the cooperative model with one-member-one-vote and a board elected by members, and the bank is supervised within the European banking framework (Banca d’Italia/ECB) as part of the Iccrea group. The operating model combines local decision-making with group infrastructure, and the institution’s footprint is geographically concentrated in its reference area, which prospective clients should take into account when comparing access, coverage, and conditions with other providers.