Banco Cooperativo de Puerto Rico
in Puerto Rico 🇵🇷
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About Banco Cooperativo de Puerto Rico in Puerto Rico
Banco Cooperativo de Puerto Rico is a specialized financial institution founded in 1974 to serve Puerto Rico's credit union movement. Operating as a cooperative bank, it provides banking services and financial infrastructure to credit unions throughout Puerto Rico, while also serving affiliated cooperatives and their members. With over 239 affiliated cooperatives, Banco Cooperativo serves as a central banking facility for the cooperative movement on the island.
The bank functions as a wholesale banking institution, offering services that enable smaller credit unions to provide comprehensive financial products to their members. Banco Cooperativo maintains FDIC insurance (Certificate #90709) and is chartered as a commercial bank.