BANCA DI CREDITO COOPERATIVO DI LOCOROTONDO CASSA RURALE E ARTIGIANA - SOCIETA' COOPERATIVA

Banca di Credito Cooperativo di Locorotondo Cassa Rurale e Artigiana – Società Cooperativa is an Italian cooperative credit bank based in Locorotondo (Puglia) that operates under the national cooperative banking framework and is integrated into a cooperative banking group as required by law. It focuses on retail clients, small businesses, professionals, and the agricultural sector, offering current and savings accounts, payment services (including SEPA transfers, direct debits, and standing orders), debit and credit cards on domestic and international circuits, personal loans and mortgages, SME financing and credit lines, POS and e-commerce acquiring, and access to basic investment and insurance products through placement and bancassurance arrangements. Distribution is centered on branches and ATMs in its reference territory, with internet and mobile banking provided via group platforms. As a cooperative, customers may become members (soci) with one-person-one-vote governance; lending decisions reflect local knowledge within group risk policies and controls. The bank is subject to Italian and EU regulation and prudential supervision, with deposits protected up to €100,000 per depositor under the cooperative credit deposit guarantee scheme; at group level it participates in an institutional protection scheme that supports member banks’ stability. Pricing, interest, and eligibility criteria vary by product and profile and are specified in the legally mandated Trasparenza documents and information sheets; complaint handling follows the internal process with recourse to the Arbitro Bancario Finanziario. The operating model prioritizes service to the local economy and entails a limited geographic footprint; availability of advanced digital features and specialized services depends on group infrastructures and partnerships, and international operations (such as SWIFT transfers and acceptance of foreign cards) are offered within the scope of the cooperative banking network.