BANCA DI CREDITO COOPERATIVO DI CHERASCO - SOCIETA' COOPERATIVA

Banca di Credito Cooperativo di Cherasco – Società Cooperativa is a regional mutual bank based in Cherasco (Piedmont, Italy) serving households, professionals, agribusiness and small and medium enterprises in the Province of Cuneo and nearby areas. As a cooperative, ownership is held by members under the one-member-one-vote principle, and governance and lending decisions are oriented to the local economy. The offering is typical of Italian BCCs: current and savings accounts, domestic and SEPA payments, debit and credit cards (Bancomat/PagoBANCOMAT for domestic use and Visa/Mastercard networks for international use, depending on card type), online and mobile banking, mortgages and personal loans, SME credit lines and overdrafts, POS and acquiring services, and bancassurance and basic investment products distributed via the cooperative banking group’s platforms. It participates in the cooperative deposit guarantee scheme (Fondo di Garanzia dei Depositanti del Credito Cooperativo), which protects eligible deposits up to 100,000 euros per depositor per bank as provided by law, and it is supervised by the Bank of Italy within the EU Single Supervisory Mechanism for less significant institutions. Pricing is disclosed in product-specific “fogli informativi” and tariff schedules; account packages generally apply maintenance fees, in-group ATM withdrawals are usually free while out-of-network and international transactions attract charges, and cash operations, paper statements and cross-border transfers often carry additional costs. Digital channels cover standard functions such as balances, SEPA transfers, bill payments and card controls; business clients typically have remote banking for payroll, collections and bulk payments, with PSD2/open banking access available through group providers. The balance sheet profile reflects a deposit-funded model with lending concentrated in households and SMEs, implying exposure to local economic conditions and to interest-rate risk from maturity transformation; liquidity and capital management follows Italian and EU prudential rules, and annual reports provide public data on risk and performance. The bank’s branch-led service model and regional footprint suit customers operating locally; those requiring broad international coverage, advanced corporate finance or capital markets services may find the scope more limited than at larger national institutions. Prospective clients should review the latest disclosures, fees and contractual terms, and verify branch coverage and digital features relevant to their needs.