Banca di Cambiano

Banca di Credito Cooperativo di Cambiano (Castelfiorentino–Firenze) S.C.p.A. known as Banca di Cambiano is an Italian bank based in Castelfiorentino, Tuscany region. The bank served the Tuscan provinces of Florence, Pisa, Siena, Pistoia and Arezzo. The bank was a cooperative bank.

Banca di Cambiano
Native name
Banca di Credito Cooperativo di Cambiano (Castelfiorentino–Firenze) S.C.p.A.
Formerly
Cassa Rurale ed Artigiana di Cambiano
Società Cooperativa per Azioni
IndustryFinancial services
Founded20 April 1884 (1884-04-20) in Cambiano frazione, Castelfiorentino
Headquarters6 Piazza Giovanni XXIII,
Castelfiorentino
,
Italy
Number of locations
 32 branches (2014)
Area served
Tuscany
ServicesRetail banking
€4.9 million (2014)
Total assets €3,120,741,736 (2014)
Total equity €278,068,053 (2014)
Owner3,160 individuals (2014)
Number of employees
 288 (2014)
WebsiteOfficial website (in Italian)
Footnotes / references
source[1]

History

The bank was found in 1884, which was the oldest surviving rural credit union of Italy (several Banca Popolare (credit union in urban area) found before 1884 and Loreggia was the home of first rural credit union of Italy);[2] the oldest member of Federazione Italiana delle Banche di Credito Cooperativo - Casse Rurali ed Artigiane (Federcasse) was Cassa Rurale ed Artigiana di Boves found 1888. (Banca di Cambiano did not join the Federcasse.)[3]

In 2016 the bank demutualized.[4]

Equity interests

The bank was a minority owner of ICCREA Banca and Fidi Toscana. The bank also formed a joint venture Cabel Holding (38.53% stake) along with other cooperative banks in Tuscany, Lazio and Veneto: Banca di Credito Cooperativo di Castagneto Carducci (28.90%), Banca di Pisa e Fornacette Credito Cooperativo (28.80%), Banca di Viterbo Credito Cooperativo (2.01%), Banca Popolare di Lajatico (~1%), Banca Popolare di Cortona, Banca Popolare del Frusinate, Banca di Credito Cooperativo Vicentino di Pojana Maggiore and Cerea Banca 1897 (in subsidiaries of Cabel Holding only).

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See also

References
  1. "2014 Bilancio" (PDF) (in Italian). Banca di Cambiano. 19 June 2015. Retrieved 31 March 2016.
  2. "Storia e Statuto" (in Italian). Banca di Cambiano. Retrieved 31 March 2016.
  3. Il Credito Cooperativo italiano compie 120 Anni
  4. "Approvato il Bilancio 2015 – 132esimo esercizio. Resoconto lavori assembleari" (in Italian). Banca di Cambiano. 14 May 2016. Retrieved 20 June 2016.


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