Question 1

What is Sicoob Credisulca?

Accepted Answer

Sicoob Credisulca is a credit cooperative (cooperativa de crédito) operating in the southern region of Santa Catarina and the northern coast of Rio Grande do Sul, Brazil. As part of the Sicoob system (Sistema de Cooperativas de Crédito do Brasil), it serves over 45,000 members with a full range of financial products and services. The cooperative began as a rural credit institution and has evolved into a free admission credit cooperative, meaning anyone can become a member regardless of profession.

Originally focused on serving small and medium agricultural producers, Sicoob Credisulca has expanded to offer comprehensive banking services to both individuals and businesses across multiple municipalities.

Question 2

When was Sicoob Credisulca founded?

Accepted Answer

The cooperative was founded on March 1, 1986, when the General Assembly established the Cooperativa de Crédito Rural Sul Catarinense Ltda - Credisulca. The initiative was led by Romanim Dagostin, who at the time served as secretary of Cooperativa Regional Agropecuária Sul Catarinense (Coopersulca) and president of the Rural Workers Union of Turvo.

After three years of preparation, the cooperative received authorization to operate from the Central Bank of Brazil on September 23, 1989, through Authorization Certificate 9908829. Operations officially began that same day in a room provided by Coopersulca, which was previously used as a garage and parking space.

The cooperative was born from the vision and struggles of agricultural producers who faced significant difficulties obtaining credit from traditional banks in the region.

Question 3

Where is Sicoob Credisulca headquartered?

Accepted Answer

Sicoob Credisulca is headquartered in Turvo, Santa Catarina, Brazil, at Rua Rui Barbosa, 1150, Centro. The cooperative inaugurated its own headquarters building on January 28, 1994, after starting operations in borrowed space from Coopersulca.

Turvo, located in southern Santa Catarina, serves as the central hub for the cooperative's operations throughout the region.

Question 4

Where does Sicoob Credisulca operate?

Accepted Answer

Sicoob Credisulca operates across southern Santa Catarina and the northern coast of Rio Grande do Sul. The cooperative has expanded from its single location in Turvo to 28 service points across multiple municipalities.

In Santa Catarina, the cooperative serves municipalities including Turvo, São João do Sul, Timbé do Sul, Meleiro, Nova Veneza, Araranguá, Urussanga, Criciúma, Siderópolis, Cocal do Sul, Capivari de Baixo, Ermo, Lauro Muller, Garopaba, Morro Grande, Forquilhinha, and Imbituba. In Rio Grande do Sul, locations include Osório, Torres, Santo Antônio da Patrulha, Tramandaí, and Capão da Canoa.

This extensive network allows the cooperative to serve diverse communities across coastal and inland regions.

Question 5

What services does Sicoob Credisulca offer?

Accepted Answer

Sicoob Credisulca provides a comprehensive portfolio of financial products and services comparable to traditional banks. Core offerings include checking and savings accounts, personal and business credit lines, capital de giro (working capital loans), rural credit, financing for vehicles, credit and debit cards, investments, insurance products, pension plans, and consortiums.

Digital services are available through the Sicoob Super App, which offers mobile banking functionality including Pix transfers, bill payments, account management, card services, and investment management. The app features customizable interfaces and personal financial management tools.

The cooperative emphasizes member participation in results, with R$ 65 million distributed to members in 2022 alone. Members benefit from more favorable rates and conditions compared to traditional banking institutions.

Question 6

What makes Sicoob Credisulca unique?

Accepted Answer

Sicoob Credisulca distinguishes itself through its cooperative structure, where members are owners rather than customers. This means members participate democratically in decisions and share in the financial results through profit distribution.

The cooperative maintains strong community engagement through social responsibility programs including AMABIO (Programa Amigos da Mata, do Agro e da Biodiversidade), which focuses on environmental education and maintains nurseries for native Atlantic Forest species. A Turminha do Sulca provides financial education to over 45,000 students across 150 schools in 25 municipalities.

Additional community programs include Coopere com o Pet, Operação Mais Livros, Coopere com o Próximo, Projeto Foco no Cooperativismo, and Projeto Raízes. The cooperative's founding president, Romanim Dagostin, continues to lead the institution, maintaining continuity with its original mission and values.

Question 7

What type of financial institution is Sicoob Credisulca?

Accepted Answer

Sicoob Credisulca is a cooperativa de crédito de livre admissão (free admission credit cooperative), a specific type of financial institution recognized under Brazilian law. Credit cooperatives in Brazil are regulated by the Central Bank of Brazil and are member-owned financial institutions.

The "livre admissão" designation means the cooperative can accept members from any professional category, not just specific occupational groups. As a cooperative, it operates under cooperative principles including democratic member control, member economic participation, and concern for community.

Sicoob Credisulca is affiliated with the Sicoob system, which is one of Brazil's largest cooperative financial systems, and works in conjunction with Banco Cooperativo do Brasil (Bancoob), the cooperative bank established in 1997 to support credit cooperatives nationally.

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About Sicoob Credisulca in Brazil