Question 1

What is Cooperativa San José N° 178?

Accepted Answer

Cooperativa San José N° 178 is a Peruvian credit union (cooperativa de ahorro y crédito) operating under the supervision of the Superintendencia de Banca, Seguros y AFP (SBS). Registered with the SBS as a Level 2 modular institution, it provides savings and credit services exclusively to its cooperative members in Peru. As a member-owned financial cooperative, it operates without the authorization to accept deposits from the general public.

The cooperative is registered in the National Register of Credit Unions Not Authorized to Collect Public Resources (Registro Nacional de COOPAC) under registration number 000161-2019-REG.COOPAC-SBS, accepted on February 22, 2019. It holds RUC number 20147154365.

Question 2

When was Cooperativa San José N° 178 founded?

Accepted Answer

[Information not publicly available]

Question 3

Where is Cooperativa San José N° 178 headquartered?

Accepted Answer

[Information not publicly available]. Based on its registration with the SBS, the cooperative operates within Peru and serves members in accordance with the geographic scope defined in its statutes.

Question 4

Where does Cooperativa San José N° 178 operate?

Accepted Answer

The cooperative operates within Peru, serving its member-owners in accordance with its charter and the geographic limitations established by the SBS. As a COOPAC, it is restricted to providing services exclusively to cooperative members rather than the general public.

Question 5

What services does Cooperativa San José N° 178 offer?

Accepted Answer

As a Level 2 modular credit union under Peruvian Law 30822, Cooperativa San José N° 178 offers the following services to its members:

Deposit Services: Savings accounts and fixed-term deposits for cooperative members. The cooperative does not offer checking accounts or CTS (Compensación por Tiempo de Servicios) deposits, as these are restricted to higher-level cooperatives.

Credit Services: Direct loans to members, both secured and unsecured, including consumer loans and MYPE (micro and small enterprise) credits, following SBS regulations and cooperative statutes.

Additional Financial Services: The cooperative may offer money transfers, payment services, and other operations permitted under Level 2 operational guidelines, always maintaining services exclusively for its members.

Member deposits are protected by the Fondo de Seguro de Depósitos Cooperativo (FSDC), Peru's cooperative deposit insurance fund, which provides coverage up to S/5,000 per member after the cooperative has contributed to the fund for at least 24 months.

Question 6

What makes Cooperativa San José N° 178 unique?

Accepted Answer

As a Peruvian COOPAC, Cooperativa San José N° 178 operates under cooperative principles including democratic member control, open membership, and mutual self-help. Unlike traditional banks, each member has one vote regardless of their capital contribution, emphasizing equality and member participation in governance.

The cooperative focuses exclusively on serving its members rather than maximizing profits, with any surplus typically reinvested to improve services or distributed according to member participation. This member-centric approach distinguishes it from investor-owned financial institutions.

As a registered and supervised entity, it operates under the comprehensive regulatory framework established by Law 30822 and SBS oversight, ensuring prudent financial management and member protection.

Question 7

What type of financial institution is Cooperativa San José N° 178?

Accepted Answer

Cooperativa San José N° 178 is a Cooperativa de Ahorro y Crédito (COOPAC), which is the Peruvian designation for a savings and credit cooperative. This is a distinct type of financial institution in Peru, classified as an associative, non-profit entity that operates under cooperative principles.

Under the modular supervision scheme established by Law 30822, it is classified as a Level 2 COOPAC, which allows it to perform a broader range of operations than Level 1 cooperatives but with more restrictions than Level 3 institutions. It operates under the supervision of the Superintendencia Adjunta de Cooperativas (SACOOP), a division of the SBS specifically dedicated to cooperative oversight.

Unlike banks, cajas municipales, or other financial institutions authorized to serve the general public, COOPACs can only accept deposits from and extend credit to their cooperative members, maintaining their associative nature.

Cooperativa San José N° 178

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About Cooperativa San José N° 178 in Peru