Question 1

What is Sanfelice 1893 Banca Popolare?

Accepted Answer

Sanfelice 1893 Banca Popolare is an Italian cooperative bank (banca popolare cooperativa) serving local residents and businesses in the Emilia-Romagna region. Headquartered in San Felice sul Panaro, a small town in the province of Modena, the bank provides comprehensive retail banking services to its members and the local community. With approximately €1.3 billion in total assets and 133 employees, Sanfelice 1893 operates as a mutual, not-for-profit organization focused on serving local needs.

The bank is supervised by the Bank of Italy (Banca d'Italia) and participates in Italy's cooperative bank deposit guarantee scheme.

Question 2

When was Sanfelice 1893 Banca Popolare founded?

Accepted Answer

Sanfelice 1893 Banca Popolare was founded in 1893 by Emilio Tosatti, making it over 130 years old. The bank was established following cooperative banking principles to serve the financial needs of the local community in San Felice sul Panaro and surrounding areas.

In November 2025, the town of San Felice sul Panaro honored the bank's founder by naming a street "Vicolo Emilio Tosatti," celebrating Tosatti's contribution to the community's economic development. The bank has maintained its commitment to local development throughout its history, remaining faithful to the values of cooperative banking: mutuality, local focus, and member service.

Question 3

Where is Sanfelice 1893 Banca Popolare headquartered?

Accepted Answer

Sanfelice 1893 Banca Popolare is headquartered in San Felice sul Panaro, a municipality in the province of Modena in the Emilia-Romagna region of northern Italy.

Question 4

Where does Sanfelice 1893 Banca Popolare operate?

Accepted Answer

Sanfelice 1893 Banca Popolare operates primarily in the provinces of Modena, Reggio Emilia, and surrounding areas of Emilia-Romagna. The bank has been expanding its branch network, recently inaugurating a new branch in Pavullo nel Frignano in September 2025.

As a local cooperative bank, Sanfelice 1893 focuses on serving communities within its territorial footprint rather than pursuing nationwide expansion. The bank maintains approximately 80 service points across its operating region, providing accessible banking services to local residents and businesses in both urban centers and smaller towns.

Question 5

What services does Sanfelice 1893 Banca Popolare offer?

Accepted Answer

Current Accounts: Conto Plus (enhanced account), Conto 18/28 (zero-cost account for young people aged 18-28), Conto Esser Socio (member account with special benefits), and Conto Verde (specialized account for agricultural customers).

Loans and Mortgages: Personal loans at competitive fixed rates (6.75% promotional rate), ESG-focused personal loans supporting sustainable projects, residential mortgages including first-home mortgages with state guarantees (Mutuo prima casa con garanzia dello stato), and Mutuo Pass offering advance mortgage assessments.

Savings and Investment Products: Deposit accounts, investment portfolios, fund offerings, and pension/retirement planning products (Rendimento & Previdenza).

Specialized Financing: Agricultural financing for farming businesses (Finanziamenti dedicati all'agricoltura), business financing for local enterprises, and fifth-salary assignment loans (Cessione del Quinto) for employees and pensioners.

Payment Services: Nexi Debit cards, Nexi Prestige Rebate cards for members, Apple Pay integration, and digital payment solutions.

Digital Banking: Mobile banking app (Sanfelice1893 Banca app and App@Impresa for businesses), online banking portal, and 24/7 digital account access.

Insurance Services: Comprehensive insurance products through Sanfelice Assicura, including property, liability, and life insurance.

Question 6

What makes Sanfelice 1893 Banca Popolare unique?

Accepted Answer

As a cooperative bank (società cooperativa per azioni), Sanfelice 1893 operates on mutual principles where customers become member-owners who share in the bank's governance and success. This cooperative structure prioritizes local community benefit over profit maximization.

The bank's tagline "piccola ma forte" (small but strong) reflects its identity as a locally-focused institution with solid financial stability. Despite its modest size, Sanfelice 1893 offers a comprehensive product range comparable to much larger banks while maintaining personal relationships with customers.

In October 2025, the bank published its first Sustainability Report (Bilancio di sostenibilità), demonstrating commitment to environmental, social, and governance principles. The bank actively supports local economic development, particularly in agriculture and small business financing, maintaining deep roots in the Emilia-Romagna community it has served for over a century.

Question 7

What type of financial institution is Sanfelice 1893 Banca Popolare?

Accepted Answer

Sanfelice 1893 Banca Popolare is an Italian cooperative bank (banca popolare) organized as a società cooperativa per azioni, a cooperative limited company under Italian law. This structure combines cooperative principles with limited liability, where members hold shares and participate in governance.

As a credit institution, the bank operates under a full banking license granted by the Bank of Italy and is supervised by Banca d'Italia. It participates in the Fondo di Garanzia dei Depositanti del Credito Cooperativo (Depositors' Guarantee Fund of Credit Cooperative Banks), protecting deposits up to €100,000 per depositor.

Cooperative banks in Italy traditionally serve local communities, emphasizing relationship banking and territorial development. They operate as mutual organizations where profits are primarily retained to strengthen the bank or distributed among members rather than external shareholders.

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