BANCA SICANA - CREDITO COOPERATIVO DI SOMMATINO, SERRADIFALCO E SAMBUCA DI SICILIA - SOCIETA' COOPERATIVA products, services and reviews

About BANCA SICANA - CREDITO COOPERATIVO DI SOMMATINO, SERRADIFALCO E SAMBUCA DI SICILIA - SOCIETA' COOPERATIVA

BANCA SICANA - CREDITO COOPERATIVO DI SOMMATINO, SERRADIFALCO E SAMBUCA DI SICILIA - SOCIETA’ COOPERATIVA is a cooperative credit institution (BCC) operating in Sicily with a local footprint centered on the municipalities referenced in its name and nearby areas. As a mutual cooperative under Italian law, it serves households, small businesses, professionals, and the agricultural sector with standard retail and SME banking services, including current accounts, savings and term deposits, payment services, debit and credit cards, domestic and SEPA transfers, online and mobile banking, point-of-sale solutions, and cash management. On the lending side it provides personal loans, mortgages, business credit lines, and financing for working capital and investment, with terms and pricing defined in product disclosures (fogli informativi) as required by Italian transparency rules. Membership is open to client-shareholders (soci) who subscribe cooperative shares and exercise voting rights in the members’ assembly on a one-member-one-vote basis; governance and controls follow the cooperative banking framework. In line with the BCC reform, the bank adheres to a cooperative banking group, which supplies centralized risk, capital, IT and compliance frameworks while the bank maintains local branding and distribution. It is supervised by the Bank of Italy within the EU Single Supervisory framework for less significant institutions, applies AML/KYC requirements, and, where it offers investment or insurance brokerage, is subject to MiFID II/IDD rules and related disclosures. Eligible deposits are protected up to €100,000 per depositor by the Fondo di Garanzia dei Depositanti del Credito Cooperativo, and the bank participates in the sector’s institutional protection scheme. Customers can file complaints through the bank’s reclami process and, if needed, turn to the Arbitro Bancario Finanziario. Pricing, interest rates, and operating conditions are published in official documentation and may vary by product and customer profile.