Camuy Cooperativa

What Camuy Cooperativa does

Camuy Cooperativa (legal name: Cooperativa de Ahorro y Crédito de Camuy) is a member-owned credit union founded on February 24, 1954, in Camuy, Puerto Rico, with initial capital of $200.00. It operates four physical branches (Camuy-Central, Abra Honda opened 1987, Membrillo opened 2005, and Aguadilla opened 2022) serving individual members and small-to-medium commercial clients across two Puerto Rico municipalities. As of the most recent disclosure, the cooperative holds over $350 million in assets and employs more than 90 professionals.

The product portfolio is full-service retail and commercial banking: deposit products (Cuenta de Acciones share accounts, checking, high-yield savings, IRAs, certificates of deposit at 3.65% APY/12-month, savings clubs for vacations, holidays, children, and adolescents), lending products (personal, auto from 3.95% APR new/6.15% APR used, mortgage including USDA/FHA/VA/conventional, renewable energy from 5.95% APR up to 180 months, emergency $500-$1,500, secured, student, boat, and insurance-premium financing), Mastercard-branded credit and debit cards, and merchant POS services. Distribution is hybrid: physical branches, Telecoop phone banking, online banking portal, a mobile app with mobile check deposit (Foto Depósito, $2,500 daily limit), ATH Móvil P2P/QR integration, and access to over 100 CO-OP shared branches in Puerto Rico and 5,500+ locations internationally.

The business model is a cooperative spread model: net interest margin on loan products funded by member deposits, plus fee income from account services, credit/debit card interchange (Mastercard), and ancillary services such as wire transfers and utility bill payment. Members are co-owners who receive patronage refunds and dividends on surplus, recovering a portion of effective cost. Deposits are COSSEC-insured up to $250,000. Reach is geographically constrained — services are limited to Puerto Rico residents — with go-to-market executed via direct community engagement, financial-literacy workshops, multi-year scholarship programs (Beca Ángel 'Angy' Luis Ramos López and the Academic Excellence scholarship since 2012), and sports sponsorships, supplemented by organic social (Facebook, Instagram, YouTube, Spotify) and a Spanish-language blog covering financial education topics.

Name

Camuy Cooperativa

Legal name

COOPERATIVA DE AHORRO Y CRÉDITO DE CAMUY

Website

https://camuycooperativa.com

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

51–100 employees

Short description

Camuy Cooperativa is a member-owned Puerto Rico credit union founded in 1954 serving individual and SMB clients with deposit accounts, consumer and commercial loans, credit cards, and digital banking tools across four branches and mobile channels.

Ownership category

akta.pro rank

Product category

Retail Banking / Credit Union Services

NAICS

Credit Unions (52213), Credit Unions (522130), Credit Card Issuing (52221)

SIC

Personal Credit Institutions (6141)

akta.pro primary industry

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

akta.pro secondary industries

Community Development Credit Unions (CDCUs) (FSABAEAC), General Purpose Credit Cards (FSAKABAA), Business / Corporate Credit Cards (FSAKABAF)

Keywords

• Retail banking services
• Consumer lending
• Mortgage loans
• Credit union services
• Digital banking

Headquarters

HQ city

San Juan

HQ country

Puerto Rico

HQ region

Latin America

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income from Loans: Primary revenue stream from interest charged on various loan products including personal loans, auto loans, mortgages, emergency loans, renewable energy loans, secured loans, student loans, insurance premium financing, and boat loans. Interest rates vary by product type and member creditworthiness.
2. Account Fees and Service Charges: Fees associated with account maintenance, transaction processing, and optional services such as wire transfers, certified checks, and official stamps.
3. Credit Card Interchange: Revenue from Mastercard credit and debit card transaction processing and interchange fees.
4. Deposit Interest Spread: Earnings from the spread between interest paid on member deposits (savings, checking, CDs) and interest earned on loans and investments.

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels7 records

Core offering

Camuy Cooperativa is a member-owned financial cooperative offering personal and commercial deposit accounts (checking, savings, share, IRA, CDs), a wide range of consumer and commercial loans (personal, auto, mortgage, renewable energy, emergency, student, boat, secured, insurance premium financing), Mastercard credit and debit cards, and digital banking through online and mobile platforms. It also provides commercial services including POS terminals and credit lines, alongside specialty products for youth, scholarships, and foreclosed property/auto sales.

Product overview

Camuy Cooperativa operates as a multi-service financial institution offering a comprehensive portfolio of banking products, loan services, and digital banking tools. The core offering centers on personal and commercial deposit accounts (checking, savings, IRA, and share accounts), consumer and mortgage lending products, and digital channels including online banking, mobile app, and ATM networks. Key products include credit cards (Mastercard/Visa), certificates of deposit, personal/residential/auto/renewable energy/student/emergency/secured loans, commercial banking services with POS terminals, and specialty programs such as youth savings accounts (ChiquiCoop, Evolución CamuyCoop, NaviCoop, VeranoCoop), foreclosed property sales, and university scholarships. The institution also provides auxiliary services like utility payments, wire transfers, shared branching through CO-OP network, and ATH Móvil peer-to-peer payments. Products are delivered through four physical branches, digital banking platforms, and a shared branching network.

Differentiator

Problem solved

Functional benefit

Products and services

• Cuenta de Acciones (Share Account) Membership share account required to become a cooperative member, earning dividends based on institutional surplus distribution. Members acquire ownership rights and voting participation in the cooperative.
• Cuenta de Cheques (Personal Checking)
• Cuenta de Ahorros Máxima (High-Yield Savings)
• Cuentas IRA (Individual Retirement Accounts)
• Certificados de Depósito (Certificates of Deposit)
• Tarjetas de Crédito (Mastercard/Visa Credit Cards)
• Mastercard Débito (Mastercard Debit Card)
• VeranoCoop (Summer Vacation Savings)
• NaviCoop (Christmas Savings)
• ChiquiCoop (Children's Savings)
• Evolución CamuyCoop (Youth Savings 13–17)
• Préstamos Personales (Personal Loans)
• Préstamos de Autos Nuevos y Usados (New and Used Auto Loans)
• Préstamos Hipotecarios (Mortgage Loans)
• Préstamo de Energía Renovable (Renewable Energy Loan)
• Préstamos de Emergencia (Emergency Loans)
• Préstamos Garantizados (Secured Loans)
• Préstamos Estudiantiles (Student Loans)
• Financiamiento de Primas de Seguro (Insurance Premium Financing)
• Préstamos de Embarcaciones (Boat Loans)
• Cuenta de Cheques Comercial (Business Checking)
• Cuenta Comercial DBA (Doing Business As Account)
• Cuenta de Ahorros Máxima Comercial (Commercial High-Yield Savings)
• Línea de Crédito (Commercial Line of Credit)
• Servicio Punto de Venta POS (POS Service)

Quantifiable outcome

• Over $350 million in assets providing institutional stability
• +3 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature5 records

Partnerships

One partnership is on record.

• CO-OP Shared Branch NetworkcoreChannel Partner/ Reseller/ DistributorMembership in the CO-OP Shared Branch network provides Camuy Cooperativa members access to over 100 shared branch locations throughout Puerto Rico and more than 5,500 shared branch locations across the United States and internationally. Members can perform deposits, withdrawals up to $2,900, transfers, and loan payments at any network location.

Scale indicators5 records

Recent moves10 records

Expansion highlights6 records

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@camuycooperativa
• Facebookfacebook.com/CamuyCooperativa
• Instagraminstagram.com/camuycoop
• LinkedInlinkedin.com/company/cooperativa-de-ahorro-y-credito-camuy

Compliance3 records

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 Camuy Cooperativa