Question 1

What is Sicoob Credisul?

Accepted Answer

Sicoob Credisul (Cooperativa de Crédito e Investimento do Sudoeste da Amazônia Ltda - Sicoob Credisul) is the largest credit cooperative in Brazil's North Region. With over 140,000 members and R$6.4 billion in assets as of December 2025, the cooperative operates across 37 municipalities in four states. Founded by entrepreneurs and rural producers seeking fair, transparent financial partnerships, Sicoob Credisul has grown from a community initiative in Vilhena, Rondônia, into one of the top five cooperatives within the national Sicoob system and among the 20 largest credit cooperatives in Brazil.

Question 2

When was Sicoob Credisul founded?

Accepted Answer

Sicoob Credisul was founded in November 1999 in Vilhena, Rondônia, by 35 entrepreneurs and rural producers who recognized that traditional banks arriving in the city did not understand local needs. The group decided to create their own credit cooperative to provide just, transparent, and partnership-oriented financial services. The cooperative inaugurated its first branch in March 2000, launching operations with a foundation of collaboration and commitment to fair rates and quality service. In 2024, Sicoob Credisul celebrated its 25th anniversary with extensive programming across its service area.

Question 3

Where is Sicoob Credisul headquartered?

Accepted Answer

Sicoob Credisul is headquartered in Vilhena, Rondônia, where the cooperative was founded and maintains its main administrative operations. This location serves as the central hub for coordinating the cooperative's activities across its multi-state service area.

Question 4

Where does Sicoob Credisul operate?

Accepted Answer

Sicoob Credisul operates in 37 municipalities across four states in Brazil's North and Central-West regions: Rondônia, Amazonas, Acre, and Mato Grosso. The cooperative maintains 46 service points throughout these cities, serving both urban and rural communities in the southwestern Amazon region. This geographic footprint makes Sicoob Credisul the most extensive credit cooperative network in Brazil's North Region.

Question 5

What services does Sicoob Credisul offer?

Accepted Answer

Sicoob Credisul provides comprehensive financial services including checking and savings accounts, personal and business credit solutions, agricultural financing, capital de giro (working capital), investment products, credit cards, payroll-deductible loans, insurance, and payment services. As part of the Sicoob network, members access digital banking through mobile apps and online platforms. The cooperative emphasizes accessible financial solutions for entrepreneurs, farmers, and communities, offering competitive rates and profit-sharing opportunities. Educational programs focus on financial literacy and cooperative principles.

Question 6

What makes Sicoob Credisul unique?

Accepted Answer

Sicoob Credisul stands out for its exceptional growth trajectory, expanding from R$1 billion to R$4 billion in assets in just three years, achieving in five months what took 19 years initially. The cooperative exemplifies community commitment through groundbreaking projects like the Hospital Cooperar, a R$45.5 million modern healthcare facility funded entirely by member donations and cooperative surplus allocations. This intercooperation case with Unimed Vilhena demonstrates the cooperative's dedication to the seventh cooperative principle: commitment to community. The cooperative's success stems from strong member trust, collaborative culture, and focus on regional development.

Question 7

What type of financial institution is Sicoob Credisul?

Accepted Answer

Sicoob Credisul is a cooperativa de crédito singular (singular credit cooperative), a member-owned financial institution regulated by the Central Bank of Brazil. As part of the Sicoob (Sistema de Cooperativas de Crédito do Brasil) network, it operates under cooperative principles where members are also owners, participate democratically in governance, and share in the institution's financial results. This cooperative structure prioritizes member welfare and community development over profit maximization for external shareholders, distinguishing it from traditional banking institutions.

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