Bank Spółdzielczy w Jedwabnem

Bank Spółdzielczy w Jedwabnem is a Polish cooperative bank headquartered in Jedwabne (Podlaskie Voivodeship), operating on a member-owned model in which cooperative members hold shares and exercise voting rights at the general meeting; day‑to‑day management is carried out by a management board overseen by a supervisory board, and the institution is subject to prudential supervision by the Polish Financial Supervision Authority (KNF). The bank focuses on serving its local market, providing retail and small‑business banking services such as current and savings accounts, term deposits, domestic payments (including Elixir transfers, standing orders, and direct debits), and lending tailored to households, micro enterprises, and local firms, with credit decisions grounded in knowledge of the regional economy. Deposits are covered by the statutory deposit guarantee of the Bankowy Fundusz Gwarancyjny (BFG) up to the equivalent of EUR 100,000 per depositor per bank; the bank also supports euro transfers within the SEPA framework through the cooperative banking system. Distribution centers on a limited branch footprint in its home area, complemented by remote service channels common to Polish cooperative banks; nationwide reach and product breadth are narrower than at large universal banks. Pricing is presented in a published tariff of fees and commissions and in interest rate tables, with updates communicated in branch and online. As with other local cooperatives, the business profile entails concentration in the surrounding region, adherence to EU and Polish regulations (including PSD2, AML/CFT, and GDPR), and a straightforward product set oriented to everyday banking and basic credit needs.