VALPOLICELLA BENACO BANCA CREDITO COOPERATIVO (VERONA) SOCIETA' COOPERATIVA

Valpolicella Benaco Banca Credito Cooperativo (Verona) Società Cooperativa is an Italian mutual bank operating primarily in the province of Verona and nearby areas, with a branch-led model focused on households, professionals, small and mid-sized enterprises, and agriculture. As a cooperative, ownership is held by members who typically subscribe for shares and exercise one-person-one-vote governance; profit allocation follows statutory rules that prioritize reserves in line with the cooperative framework. The bank offers current and savings accounts, term deposits, domestic and SEPA payments, debit and credit cards, mortgages, consumer and SME lending, and merchant services; leasing, factoring, asset management, and insurance are usually provided via group or partner companies. Digital channels include internet and mobile banking with strong customer authentication under PSD2; business users can access remote payments and collection services. Pricing and eligibility depend on published schedules and underwriting, with variable-rate lending commonly indexed to benchmarks such as Euribor plus a spread; conditions may vary by customer profile and membership status. The institution operates under the supervision of the Bank of Italy within the EU prudential framework, participates in the cooperative credit sector’s deposit guarantee system that protects eligible deposits up to €100,000 per depositor, and is part of the post-reform BCC ecosystem that features an institutional protection scheme. The bank’s scope and risk profile reflect its regional footprint, with credit exposures concentrated in the local economy and a product set that relies on partner arrangements for capital markets and insurance solutions; it does not offer the scale or international network of national banking groups. Onboarding policies, availability of certain products, and service levels can be location-dependent, and cooperative shares are not designed for trading or speculative purposes.