BANCA POPOLARE DI LAJATICO SOCIETA' COOPERATIVA PER AZIONI products, services and reviews

About BANCA POPOLARE DI LAJATICO SOCIETA' COOPERATIVA PER AZIONI

BANCA POPOLARE DI LAJATICO SOCIETA’ COOPERATIVA PER AZIONI (Banca Popolare di Lajatico S.c.p.A.) is a regional cooperative bank headquartered in Lajatico (Tuscany) that operates primarily across Pisa and neighboring provinces, focusing on retail and small to mid-sized business clients. Its offering typically includes current accounts, savings and term deposits, payment services (SEPA credit transfers and direct debits), debit and credit cards on international circuits, online and mobile banking with strong customer authentication under PSD2, and ATM access; on the lending side it provides mortgages, personal loans, and financing to professionals and SMEs, with leasing, factoring, and merchant acquiring generally arranged through specialized partners. The bank also distributes investment products (such as mutual funds, bonds, and government securities) and insurance solutions and provides MiFID II-compliant advisory for suitable clients; cash management, guarantees, and POS/e-commerce services are available for businesses via in-house capabilities and third-party processors. As a “società cooperativa per azioni,” governance follows cooperative rules set by its statute, and becoming a member may involve purchasing shares whose transferability and valuation are limited; shares are not listed and may be illiquid, with dividends not guaranteed. It is supervised by the Bank of Italy and, as a less significant institution, falls under the European banking supervisory framework; eligible deposits are protected by the Fondo Interbancario di Tutela dei Depositi up to €100,000 per depositor per bank, and the bank publishes statutory reports and Pillar 3 disclosures under CRR/CRD. The balance sheet is typically oriented to local households and SMEs, often secured by real estate, and it maintains a securities portfolio that can include Italian government bonds; earnings and capital are exposed to local economic conditions, interest rate movements, and credit quality, with non-performing exposure managed through recoveries and disposals. Access is via a branch network in Tuscany, complemented by phone and digital channels; onboarding, product availability, fees, and interest rates depend on the specific account or service and are defined in the bank’s published conditions. Prospective clients should review current pricing, documentation requirements, and any cooperative shareholding terms before opening accounts or using ancillary services.