Coopeal

Coopeal (Cooperativa de Economia e Crédito Mútuo nos Estados de Alagoas) is a mutual credit cooperative operating in the state of Alagoas, Brazil. As a cooperativa de crédito, Coopeal is a member-owned financial institution that provides banking and credit services exclusively to its associates (cooperados).

The cooperative operates under the principles of cooperativism, where members are simultaneously owners and users of the institution. Unlike traditional banks, cooperatives like Coopeal do not pursue profit maximization but rather focus on providing quality financial services to their members and distributing any surplus back to the community.