EMIL BANCA - CREDITO COOPERATIVO - SOCIETA' COOPERATIVA

Emil Banca – Credito Cooperativo – Società Cooperativa is an Italian cooperative bank operating primarily across Emilia-Romagna and nearby areas, formed through the consolidation of local cooperative banks and affiliated with the Iccrea Cooperative Banking Group. It offers retail and SME banking services including current and savings accounts, payment cards, mortgages, consumer and business loans, agrifood sector financing, payments, and ancillary services such as insurance intermediation and investment products distributed via group platforms, alongside online and mobile banking and a branch and ATM network. As a cooperative, ownership is held by members under a one-member-one-vote model; becoming a member typically requires subscribing cooperative shares and may involve specific conditions, while ordinary customers can access products without membership. Fees, interest rates, and eligibility criteria differ by product and are set out in the Fogli Informativi and transparency documents; standard KYC/AML documentation is required, and business clients may need additional financial statements and corporate records. The bank is subject to European and Italian prudential supervision within the cooperative group framework, participates in the group’s institutional protection scheme, and customer deposits are protected up to EUR 100,000 per depositor under the Fondo di Garanzia dei Depositanti del Credito Cooperativo, in line with EU rules. The model is geared to households, professionals, SMEs, and third-sector entities in its core footprint; geographic focus and branch-based processes can influence access outside the area, though remote channels support most routine operations. International transfers, SEPA payments, and open banking (PSD2) connectivity are supported; capital markets and investment banking are limited and accessed through partners.