Question 1

What is Crédito Agrícola Alenquer?

Accepted Answer

Crédito Agrícola Alenquer is a Portuguese cooperative credit institution (Caixa de Crédito Agrícola Mútuo) serving the Alenquer municipality and surrounding areas in the Lisbon district. As part of the Crédito Agrícola Group, Portugal's only cooperative banking network, it provides banking and financial services to local communities in the historic wine-producing region northwest of Lisbon.

The institution operates under a mutual cooperative model, serving local residents, agricultural producers, and businesses in a region known for its viticulture, fruit production, and proximity to the greater Lisbon metropolitan area.

Question 2

When was Crédito Agrícola Alenquer founded?

Accepted Answer

Specific founding date information for Crédito Agrícola Alenquer is not publicly available in detail. The institution was officially authorized under current Portuguese banking regulations on April 11, 2019.

The institution follows the historical tradition of Portuguese agricultural credit cooperatives, which trace their origins to the 1911 decree establishing mutual agricultural credit throughout Portugal.

Question 3

Where is Crédito Agrícola Alenquer headquartered?

Accepted Answer

The institution is headquartered in Alenquer, Portugal, a historic municipality in the Lisbon district. Alenquer is located approximately 50 kilometers north of Lisbon in the fertile Tagus River valley region.

Question 4

Where does Crédito Agrícola Alenquer operate?

Accepted Answer

Crédito Agrícola Alenquer operates primarily within the Alenquer municipality and potentially extends to neighboring areas where no other agricultural credit cooperative is established. Alenquer is situated in the West region of Portugal, positioned between Lisbon and the Atlantic coast.

The region combines agricultural activities, particularly viticulture and fruit production, with increasing residential development due to its proximity to Lisbon. The institution serves rural communities, suburban areas, and the town of Alenquer itself.

The area is part of the Lisbon Wine Region, known for quality wine production, and maintains significant agricultural activity alongside growing commuter populations working in the greater Lisbon area.

Question 5

What services does Crédito Agrícola Alenquer offer?

Accepted Answer

The institution provides comprehensive retail banking services including current accounts, savings accounts, term deposits, debit and credit cards, personal loans, mortgage financing, and consumer credit. Agricultural financing supports local wine producers, fruit growers, and farming operations.

Insurance products through CA Seguros and CA Vida include life insurance, property insurance, agricultural insurance (covering crops, greenhouses, and agricultural machinery), and vehicle insurance. Investment services include mutual funds, pension plans, and savings products.

Digital banking services include CA Online internet banking, CA Mobile smartphone applications, contactless payment solutions, and access to the extensive Crédito Agrícola ATM network. The institution supports modern payment methods including MB WAY and provides SEPA and international payment capabilities.

Business banking services support local enterprises with commercial loans, working capital financing, agricultural project financing, merchant services, and cash management solutions. The institution offers specialized support for viticulture operations and agricultural modernization projects.

Question 6

What makes Crédito Agrícola Alenquer unique?

Accepted Answer

The institution's specialized knowledge of viticulture and agricultural economics in the Lisbon Wine Region allows it to provide financing solutions tailored to wine production cycles and agricultural operations. Its cooperative structure ensures governance remains local with democratic member participation.

Operating in a region experiencing both traditional agricultural activity and metropolitan expansion, the institution balances serving established farming communities with meeting the financial needs of new suburban populations. This dual focus distinguishes it from purely rural or urban-focused banks.

As a cooperative, all profits are either reinvested in the institution's development or distributed to member-associates, ensuring financial benefits remain within the community. The institution maintains personalized customer relationships characteristic of cooperative banking while offering comprehensive modern financial services.

Question 7

What type of financial institution is Crédito Agrícola Alenquer?

Accepted Answer

Crédito Agrícola Alenquer is classified as a Caixa de Crédito Agrícola Mútuo (Mutual Agricultural Credit Bank), a specific type of cooperative credit institution (CRDCREINS) under Portuguese law. Despite the agricultural designation, it operates as a universal bank serving all economic sectors.

The institution is regulated by the Banco de Portugal (Portuguese Central Bank) and complies with European Banking Authority standards. Deposits are protected under the Portuguese agricultural credit deposit guarantee scheme (PT_FGCAM - Fundo de Garantia do Crédito Agrícola Mútuo), which covers eligible deposits up to €100,000 per depositor.

Crédito Agrícola Alenquer

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About Crédito Agrícola Alenquer in Portugal