Question 1

What is Sicoob Credimata?

Accepted Answer

Sicoob Credimata is a credit cooperative (cooperativa de crédito) operating in Brazil as part of the Sicoob system, the country's largest cooperative financial network. Formally known as Cooperativa de Crédito de Livre Admissão da Mata Mineira Ltda, it provides financial services to members in the Mata Mineira region of Minas Gerais, emphasizing community-based banking and cooperative ownership principles.

Question 2

When was Sicoob Credimata founded?

Accepted Answer

[Information not publicly available]

Specific founding details for Sicoob Credimata are not readily available in public records. However, the cooperative has been operating as part of the Sicoob system, which was established in 1998 to consolidate and strengthen credit cooperatives across Brazil.

Question 3

Where is Sicoob Credimata headquartered?

Accepted Answer

Sicoob Credimata is headquartered in the Mata Mineira region of Minas Gerais, Brazil. The Mata Mineira is a geographical region in the southeastern part of Minas Gerais state known for its agricultural and commercial activities.

Question 4

Where does Sicoob Credimata operate?

Accepted Answer

Sicoob Credimata operates primarily in the Mata Mineira region of Minas Gerais. The cooperative serves local communities throughout this region, focusing on municipalities and rural areas where it can provide personalized financial services. Through the broader Sicoob network, members also have access to over 4,600 service points across Brazil.

Question 5

What services does Sicoob Credimata offer?

Accepted Answer

Sicoob Credimata offers comprehensive financial services including personal and business checking accounts, savings accounts, various credit products (personal loans, business credit, agricultural financing), investment products, payment services, credit and debit cards, insurance, and consortiums.

Digital services include the Sicoob Super App for mobile banking, online account access, Pix instant payments, bill payments, and digital investment platforms. Members can access services through physical branches, the extensive Sicoob ATM network, banking correspondents, and digital channels.

Question 6

What makes Sicoob Credimata unique?

Accepted Answer

Sicoob Credimata operates under a cooperative ownership model where members are both customers and co-owners of the institution. This structure allows members to participate in governance decisions and share in the cooperative's financial results.

The cooperative emphasizes serving the local Mata Mineira community with personalized service and competitive rates. It focuses on financial inclusion by offering services to individuals and small businesses that may be underserved by traditional commercial banks. As part of the Sicoob system, Credimata combines local autonomy with the resources and infrastructure of Brazil's largest cooperative financial network.

Question 7

What type of financial institution is Sicoob Credimata?

Accepted Answer

Sicoob Credimata is a free admission credit cooperative (cooperativa de crédito de livre admissão), a type of financial institution in Brazil regulated by the Central Bank of Brazil (Banco Central do Brasil). Credit cooperatives are governed by Law 5.764/1971 and cooperative banking regulations.

As a free admission cooperative, it can accept any individual or legal entity as members, regardless of their profession or economic activity. This model differentiates it from traditional banks through its democratic governance structure and profit-sharing with members.

Sicoob Credimata

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About Sicoob Credimata in Brazil