Cooperhidro
in Brazil 🇧🇷
Crypto-Friendliness
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About Cooperhidro in Brazil
Cooperhidro is a specialized credit cooperative serving employees of water resources management agencies in São Paulo State, Brazil. Officially named Cooperativa de Crédito Mútuo dos Servidores de Órgãos Gestores de Recursos Hídricos do Estado de São Paulo, this nonprofit financial institution operates under the regulation and supervision of the Central Bank of Brazil. The cooperative provides financial services exclusively to public servants working in state organizations responsible for managing water resources, including DAEE (Departamento de Águas e Energia Elétrica) and CDHU (Companhia de Desenvolvimento Habitacional e Urbano).
As a mutual credit cooperative, Cooperhidro operates on cooperative principles where members are simultaneously owners and users of the institution's services.