Cooperativa La Sagrada Familia

What Cooperativa La Sagrada Familia does

Cooperativa La Sagrada Familia is a member-owned savings and credit cooperative (cooperativa de ahorro y crédito) incorporated in Puerto Rico on September 13, 1959, and headquartered in Corozal. As of the most recent disclosures it serves approximately 28,000 members through five physical branches across Puerto Rico (Corozal, Naranjito, San Juan, Bayamón x2, Guaynabo) and digital channels including the SagradaCoop Online homebanking platform and a WebServices portal for online loan and account applications. Total assets exceed $198 million and the cooperative employs 51-100 staff.

Its product set is comprehensive for a Puerto Rican credit union: personal loans ($100-$40,000, up to 10-year terms), secured and emergency loans, auto financing (new up to $100,000 / used up to $30,000, with the 'Autos para Todos' promotional program at 2.99% APR), a full mortgage suite (Conventional, FHA, FHA 203K, VA, Rural Development, Law 87) originated through a dedicated Mortgage Center, MasterCard credit cards (limits up to $15,000), savings and share accounts (including a children's COOPI account), commercial checking, and specialized financing for solar panels and emergency needs. The underlying technology stack is conventional credit-union infrastructure: web-based homebanking, a third-party mortgage origination platform (hipotecasagradafamilia.fembi.com), MasterCard and ATH payment network integrations, and Black Book/NADA for auto valuation. No proprietary AI/ML capability is disclosed.

Revenue mechanics are standard for a cooperative depository institution: primary income from net interest on the lending portfolio, supplemented by loan-origination fees, MasterCard interchange and annual fees ($20/card), commercial checking service fees ($5/month, waived at $500+ balance), and GAP insurance commissions through Cooperativa de Seguros Múltiples. Member share deposits (minimum $120, plus 5-35% share requirements on most loans) provide the funding base, with COSSEC insuring deposits and shares up to $250,000. The member base is highly granular (retail consumers, families, small businesses) and the cooperative has no named parent company, no subsidiaries, and no equity funding rounds.

Name

Cooperativa La Sagrada Familia

Legal name

Cooperativa de Ahorro y Crédito La Sagrada Familia

Website

https://sagradacoop.com

Company type

Private

Founded year

1959

Operating status

Operating

Headcount range

51–100 employees

Short description

Cooperativa La Sagrada Familia is a member-owned Puerto Rican credit union serving approximately 28,000 members with personal loans, mortgages, auto financing, credit cards, and savings accounts across five branches and digital banking channels.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Credit Unions (52213)

SIC

Personal Credit Institutions (6141)

akta.pro primary industry

Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)

Keywords

• Credit union services
• Consumer lending
• Mortgage financing
• Auto loan financing
• Savings accounts

Headquarters

HQ city

San Juan

HQ country

Puerto Rico

HQ region

Latin America

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Interest Income from Lending: The cooperative generates primary revenue through interest income on its loan portfolio including personal loans (up to $40,000), mortgage loans (conventional, FHA, VA, Rural Development, Law 87), auto financing, emergency loans, credit cards (MasterCard up to $15,000 limit), and specialized financing for solar panels, electric plants, water heaters, and appliances.
2. Fee Income: Commercial checking accounts generate monthly service fees ($5.00, waived with $500+ balance), along with various loan-related fees and charges for services.
3. Savings/Share Account Deposits: Members maintain savings accounts (eSaving) and share accounts that generate pooled capital for lending operations, with minimum $120.00 in shares required for most services.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels6 records

Core offering

Cooperativa La Sagrada Familia is a member-owned credit union offering a full suite of retail banking products and services to its approximately 28,000 members in Puerto Rico. Core offerings include personal loans (from $100 to $40,000), mortgage loans (Conventional, FHA, FHA 203K, VA, Rural Development, Ley 87), auto financing (with the Autos para Todos program), MasterCard credit cards (up to $15,000 limit), savings accounts (eSaving), children's savings accounts (COOPI), commercial checking, and specialized loans for solar panels, emergencies, and share capitalization.

Product overview

Cooperativa La Sagrada Familia is a credit union with over 65 years of history serving Puerto Rico, offering a comprehensive suite of financial products and digital banking services. The cooperative operates on a platform-plus-services model anchored by its SagradaCoop Online digital banking platform and WebServices portal, supported by five physical branch locations. Core products include personal loans, auto financing (including the 'Autos para Todos' special program), mortgage loans (Conventional, FHA, FHA 203K, Veterans, Rural Development, Ley 87), MasterCard credit cards, and savings/checking accounts including children's accounts (COOPI). The institution expanded its digital capabilities in 2026 with Federal Home Loan Bank of New York membership to enhance housing finance, and launched the 'Puerto Rico Coopera' community investment initiative in 2025 targeting socioeconomic development in vulnerable regions.

Differentiator

Problem solved

Functional benefit

Brands

• Puerto Rico Coopera: Multisectoral community development initiative aimed at addressing social needs, promoting entrepreneurship, and fostering growth opportunities in vulnerable municipalities. Accompanied by a $1 million community investment fund.
• Autos para Todos
• Coopi (Coop Kid's Club)
• El Oasis Sagrada Familia Resilience Center

Products and services

• SagradaCoop Online (Online and Mobile Banking) Online and mobile banking platform enabling Cooperativa La Sagrada Familia members to access accounts 24/7, perform transactions, transfer funds between accounts, pay loans and utilities, manage credit cards, and view eStatements. Free service for members.
• WebServices (Online Loan and Account Application Portal) Online self-service portal for Cooperativa La Sagrada Familia members to request loans, apply for MasterCard credit cards, open eSaving savings accounts, view statements, and access employment opportunities.
• Préstamo Personal (Personal Loan) Personal loans ranging from $100 to $40,000 with terms up to 10 years, available to members aged 21 or older with evidence of income. Interest rate depends on empirical credit score and loan term.
• Préstamo Garantizado (Secured Loan) Loans secured by certificates, savings, or shares, offering up to 95% of collateral value with terms up to 12 years without income verification.
• Préstamo de Emergencias (Emergency Loan) Emergency loans up to $3,000 for documented emergencies such as medical expenses, funeral costs, vehicle repairs, or property damage, evaluated within 24 hours.
• Préstamo Capitalización de Acciones (Share Capitalization Loan) Small loans from $100 to $1,000 using the loan proceeds deposited into the member's share account as collateral, granted once without renewal.
• Financiamiento de Placas Solares (Solar Panel Financing) Solar panel loans up to $50,000 with terms up to 144 months, requiring 650+ credit score and annual maintenance contract.
• Préstamos Hipotecarios (Mortgage Loans) Mortgage products including Conventional, FHA, FHA 203K (rehabilitation), Veterans, Rural Development, and Ley 87 programs for primary residence, second home, investment properties, refinancing, land purchase, and construction.
• Financiamiento de Autos (Auto Financing) New auto loans up to $100,000 with terms up to 7 years, and used auto loans up to $30,000 with terms up to 6 years, including the 'Autos para Todos' special program offering 2.99% APR for up to 84 months.
• Tarjeta de Crédito MasterCard MasterCard credit card with credit limits up to $15,000, annual fee of $20 per card ($10 for authorized users), interest rates of 15.95% for cash advances and 16.95% for purchases, with ATH network access.
• Cuenta de Ahorro eSaving (Savings Account) Savings account with quarterly interest payments, accessible through SagradaCoop Online homebanking and the ATH electronic payment network.
• Cuenta COOPI (Coop Kids Club Children's Savings) Children's savings account for minors with $25 initial opening deposit, quarterly interest payments, and ATH network access, designed to teach financial responsibility from an early age.
• Cuenta de Cheque Comercial (Commercial Checking Account) Commercial checking account for businesses with unlimited check writing, digitized statements, $250 minimum opening balance, and $5 monthly service fee waived with $500+ balance.

Quantifiable outcome

• Asset growth from $3,000 in 1959 to over $198 million today
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Partnerships

Five partnerships are on record, tiered core, minor and flagship.

• COSSEC (Puerto Rico Cooperative Regulator)coreStrategic or Co-development Partner · 27 April 2026Puerto Rico's cooperative regulator convened a capital access summit with FHLBNY for 57 mortgage-lending cooperatives. Sagrada Familia was the first to have its application deemed complete. This effort represents a turning point for the cooperative sector.
• LarCoopminorOthers · 27 April 2026Another Puerto Rican cooperative that has begun the FHLBNY membership application process following the capital access summit.
• Universidad Interamericana de BarranquitasflagshipStrategic or Co-development Partner · 12 December 2025Partnership for the Puerto Rico Coopera initiative, combining resources with the university to address urgent needs and accelerate economic development in municipalities of the central mountain range. Investment exceeds $1 million combined.
• Fundación Sila María CalderónflagshipStrategic or Co-development Partner · 12 December 2025Venue partner for the launch of Puerto Rico Coopera initiative and $1 million community investment fund announcement.
• Cooperativa de Seguros MúltiplescoreStrategic or Co-development Partner · 18 July 2025Insurance financing partnership for the 'Autos para Todos' program. GAP (Guaranteed Asset Protection) insurance is provided through this partnership, covering the balance owed on vehicles in case of loss, regardless of market value.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Banco Popular de Puerto Rico: The largest commercial bank in Puerto Rico, offering full retail and commercial products including deposits, mortgages, auto loans, and credit cards. Directly competes with Cooperativa La Sagrada Familia across consumer and mortgage lending but operates as a much larger, publicly listed incumbent rather than a member-owned cooperative.
• FirstBank Puerto Rico: Major Puerto Rico commercial bank serving retail and commercial customers with deposits, mortgage, and consumer lending products across the island. Comparable product set to Cooperativa La Sagrada Familia but at significantly larger scale with broader branch coverage.
• PenFed Credit Union: One of the largest U.S. credit unions (~$25B+ assets) serving members nationwide with mortgages, auto loans, credit cards, and consumer lending. Useful as a scale benchmark demonstrating the size a large member-owned credit union can achieve and the product breadth possible.

Direct peers

• LarCoop: Another Puerto Rican cooperative that has begun the FHLBNY membership application process following the COSSEC-convened capital access summit. Most directly comparable peer as a fellow PR cooperative pursuing similar regulatory milestones and community banking mission.
• SchoolsFirst Federal Credit Union: California-based community-focused credit union serving educators and community members with comprehensive deposits, lending, and digital banking products. Comparable in member-owned cooperative structure, community engagement model, and mid-to-large asset size tier.
• Alliant Credit Union: Digital-first U.S. credit union with nationwide membership and a broad product suite including high-yield savings, mortgages, auto loans, and credit cards. Comparable product breadth to Cooperativa La Sagrada Familia with strong emphasis on technology-driven member service.
• Digital Federal Credit Union (DCU): Massachusetts-based member-owned credit union with ~$10B+ in assets offering full consumer and commercial banking products through digital and physical channels. Comparable as a member-owned cooperative serving consumer and small-business segments with a diversified lending portfolio.
• Connexus Credit Union: Wisconsin-based member-owned credit union with national membership offering comprehensive mortgage, consumer lending, and deposit products. Similar size tier and product breadth to Cooperativa La Sagrada Familia with comparable community engagement emphasis.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/sagradacoop
• Facebookfacebook.com/CoopSagradaFamilia
• Instagraminstagram.com/coop.sagrada.familia
• LinkedInlinkedin.com/company/coopsagradafamilia

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cooperativa La Sagrada Familia