Cooper­icsson

Coopericsson is a mutual credit cooperative (cooperativa de economia e crédito mútuo) serving employees of Ericsson companies in Brazil. As a non-profit financial cooperative institution, Coopericsson operates under the mutual assistance model, where members are both owners and users of financial services. The cooperative is regulated by the Brazilian Central Bank (Banco Central do Brasil) and follows cooperative banking principles established by Brazilian Law 5.764/1971 and Law 4.595/1964.

Coopericsson provides a complete range of financial services exclusively to its members, functioning as a cooperative alternative to traditional banking. Unlike conventional banks that prioritize profit maximization, Coopericsson focuses on providing fair financial conditions and returning surplus earnings to its members.