Bancredi
in Brazil 🇧🇷
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About Bancredi in Brazil
Bancredi is a credit cooperative (cooperativa de crédito) serving bank workers and financial sector employees in São Paulo and neighboring municipalities in Brazil. Founded in 1999 with the support of the Sindicato dos Bancários de São Paulo (Bank Workers' Union of São Paulo), Bancredi operates on the principle of solidarity credit, where members' savings are used to provide loans to other members at competitive rates.
The cooperative focuses exclusively on workers within Brazil's financial system, including unionized bank employees, retired bank workers, employees of securities markets, insurance companies, and capitalization companies, as well as their family members.
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