BANCA DI CREDITO COOPERATIVO DI SAN GIOVANNI ROTONDO - SOCIETA' COOPERATIVA

BANCA DI CREDITO COOPERATIVO DI SAN GIOVANNI ROTONDO - SOCIETA’ COOPERATIVA is a local Italian cooperative bank based in San Giovanni Rotondo (Puglia) that focuses on retail clients, professionals, and small and medium-sized enterprises in its catchment area. As a cooperative, governance follows the one-member-one-vote principle, with customers able to become members by subscribing shares; membership is not required to use banking services. The bank’s offer typically includes current and savings accounts, domestic and SEPA payments, debit and credit cards on domestic and international circuits, mortgages, personal loans, SME credit lines, POS acquiring, and distribution of insurance and investment products through partner providers and the cooperative banking system. It operates through a small branch network and ATMs connected to Italy’s Bancomat network, and provides internet and mobile banking via platforms supplied by the cooperative sector; digital functionality and user experience are largely determined at group level rather than locally. Pricing, interest rates, and lending conditions are published in required pre-contractual documents (Foglio Informativo and KIDs) and vary by product, customer profile, and collateral; spreads reflect market conditions and European Central Bank policy. Account opening requires standard Italian KYC, tax code, and identification; non-residents may face limitations depending on risk checks and product availability. Deposits are protected up to EUR 100,000 per depositor under the Fondo di Garanzia dei Depositanti del Credito Cooperativo, and the bank participates in the institutional protection mechanisms used by the cooperative banking sector; it is supervised within Italy’s banking framework (Banca d’Italia, with group-level prudential oversight under EU rules). Complaint handling follows statutory timelines, with escalation to the Arbitro Bancario Finanziario if needed. The model suits customers operating in the local area who need day-to-day banking and credit, while those seeking nationwide branch coverage, advanced investment platforms, or extensive cross-border services may find the range and geographic reach limited.