Caja Popular Mexicana

What Caja Popular Mexicana does

Caja Popular Mexicana S.C. de A.P. de R.L. de C.V. is a Mexican savings and loan cooperative headquartered in León, Guanajuato, founded circa 1960 and approaching its 75th anniversary. The institution operates as a member-owned cooperative (cooperativa de ahorro y préstamo) serving ~3.98 million individual members (socios) and 305,455 minor depositors through 501 branches, proprietary ATMs, OXXO correspondent banking, and digital channels including the CPM Móvil Plus mobile app, CPM en Línea Plus web platform, and CPM API Market open-banking developer portal.

The product portfolio spans savings and investment products (Rendicuenta term deposits up to 1,080 days, Cuenta Mexicana, Servicuenta demand accounts, Mi Alcancía, payroll accounts Mi Nómina Mexicana, and youth accounts Cuentamiga and Mi Alcancía Jr), credit products (Crédito Personal Plus 15.36–36%, Crédito Automotriz 12.84–13.80%, Crédito Hipotecario 9.60–15.24%, Credinámico revolving line, student, agricultural, and productive business credit), and card products on the Mastercard network (Tarjeta Oro, Clásica, and Mujer Cooperativa). Supplementary offerings include remittances, PRYBE-distributed life and property microinsurance (MiSeguro, MiAutoseguro, Casa Protegida), the Puntos Verdes loyalty program, Días Dorados interest-free installment promotions, and Días Adicionales yield bonuses. Digital infrastructure supports SPEI and CoDi interbank transfers, RED ATM access, and token-authenticated developer APIs.

The business model is a classic spread-and-fee cooperative: interest income from a $73.6B MXN loan portfolio funded by $111.2B MXN in member deposits (Captación), with total assets of $132.4B MXN as of April 2026, supplemented by credit card annual fees, cash-advance commissions, insurance distribution commissions, and merchant interchange. Customer acquisition is community- and member-led, with digital onboarding available only after initial in-person registration. Distribution relies on branch-led relationship banking, OXXO correspondent cash access, Mastercard network reach, and emerging digital channels. Regulatory oversight comes from CNBV under the cooperative-savings framework, with depositor protection via Fondo de Protección up to 25,000 UDIs and CONDUSEF consumer-protection registration.

Name

Caja Popular Mexicana

Legal name

Caja Popular Mexicana S.C. de A.P. de R.L. de C.V.

Website

https://cpm.coop

Company type

Private

Founded year

1960

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Caja Popular Mexicana is a Mexican member-owned savings and loan cooperative serving ~3.98 million members across 501 branches with savings, credit, credit-card, remittance, microinsurance, and digital banking products.

Ownership category

akta.pro rank

Product category

Cooperative Banking (Savings and Loan Cooperative)

NAICS

Depository Credit Intermediation (5221), Commercial Banking (52211)

SIC

National Commercial Banks (6021), Savings Institution, Federally Chartered (6035)

akta.pro primary industry

Account Opening, KYC/AML & Customer Due Diligence (CDD/EDD) (FSABALAA)

Keywords

• Cooperative savings
• Consumer lending
• Mortgage financing
• Debit credit cards
• Digital cooperative banking

Headquarters

HQ city

León

HQ country

Mexico

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain, Others

Revenue model

1. Interest Income from Credit Products: The primary revenue stream comes from interest charged on loan products including personal loans (Crédito Personal Plus CPM), automotive loans (Crédito Automotriz CPM), mortgage loans (Crédito Hipotecario CPM), credit cards (TDC CPM), and other credit facilities. Interest rates vary by product and credit profile, ranging from approximately 9.60% to 36.00% annual rates.
2. Credit Card Fees and Commissions: Revenue from credit card annual fees (e.g., Tarjeta Oro CPM charges $600 annual fee), cash advance fees (5% on disbursed amount), and other card-related charges.
3. Savings and Investment Float: Earnings from the spread between interest paid to depositors on savings and investment products (Rendicuenta, Cuenta Mexicana, Servicuenta, etc.) and interest earned on loan portfolios.
4. Insurance Distribution (PRYBE Products): Distribution of insurance products including MiSeguro PRYBE (life insurance) and MiAutoseguro PRYBE / Miseguro PRYBE (auto/home insurance) through the cooperative's branch network, earning commissions on policy sales.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels7 records

Core offering

Caja Popular Mexicana is a member-owned savings and loan cooperative (Sociedad Cooperativa de Ahorro y Préstamo) offering Mexican individuals a comprehensive suite of retail banking products, including demand and fixed-term savings accounts, personal, automotive, mortgage, agricultural, business, and student credit products, three tiers of Mastercard credit cards and two debit card variants, life and auto insurance distributed through PRYBE, international remittances, and a Puntos Verdes loyalty program. Core services are delivered through a 501-branch national network complemented by the CPM Móvil Plus mobile app and CPM en Línea Plus online banking platform, with cash transactions additionally enabled through OXXO correspondents and a proprietary ATM network.

Product overview

Caja Popular Mexicana operates as a cooperative financial institution (Sociedad Cooperativa de Ahorro y Préstamo) offering a comprehensive suite of financial products and services. The product portfolio centers on the digital banking platform (Servicio Electrónico por Internet / SEI) encompassing the CPM Móvil Plus mobile app and CPM en Línea Plus web platform, which enable remote account management, transfers, and credit operations. Savings products include demand deposits (Servicuenta, Cuenta Mexicana), minor savings (Cuentamiga, Mi Alcancía Jr), payroll accounts (Mi Nómina Mexicana), and term investments (Rendicuenta, Mi Alcancía). Credit offerings span consumer loans (Crédito Personal Plus, Credinámico, Crédito Inmediato), automotive financing, mortgages, business credits (Crédito Productivo, Crédito Cosechando), and student loans. Card products include three credit card tiers (Tarjeta Oro, Tarjeta Clásica, Tarjeta Mujer Cooperativa) and two debit card variants (CPM, JR for minors), all on the Mastercard network. Supplementary services include remittances, life insurance (MiSeguro PRYBE), loyalty program (Puntos Verdes), and a developer API (CPM API Market). The institution serves members through over 490 branches, an ATM network, and correspondent services at OXXO locations.

Differentiator

Problem solved

Functional benefit

Brands

• CPM Móvil Plus: Mobile banking application for iOS and Android enabling credit applications, investments, transfers, SPEI payments, and account management.
• CPM en Línea Plus
• CPM API Market
• Puntos Verdes
• Sorteo 75 Años CPM

Products and services

• CPM Móvil Plus Mobile banking application enabling members to request credits, manage investments, perform SPEI transfers, manage debit and credit cards, generate digital credentials, pay services, and conduct account operations via smartphone.
• CPM en Línea Plus Web-based digital banking platform allowing members to perform account transfers, investment requests, credit applications, and account management through a web browser.
• Servicio Electrónico por Internet (SEI) Digital banking service encompassing both mobile (CPM Móvil Plus) and web (CPM en Línea Plus) platforms for remote financial operations including transfers, credit requests, and account management.
• Rendicuenta Fixed-term investment product with competitive interest rates (3.78% to 6.52% annual depending on term and amount; GAT nominal 3.85%–6.52%), available in terms of 30, 60, 90, 180, 360, 720, and 1080 days with minimum investment of $2,000.00. Interest paid at maturity or monthly.
• Mi Alcancía CPM Term savings account with terms ranging from 180 to 1080 days, offering variable interest rates (6.06% to 6.56% annual) and the ability to earn Puntos Verdes loyalty points. No commission.
• Cuenta Mexicana Basic savings account with 3.85% annual interest rate, GAT 3.92%, and no commissions, providing access to savings and remittance services. Variable rate. Protected up to 25,000 UDIs by Fondo de Protección.
• Servicuenta Demand deposit account enabling immediate withdrawals and deposits with no restrictions, paying monthly interest with rates ranging from 1.92% to 3.41% depending on balance tier.
• Cuentamiga Savings account for minors aged 12-17, linked to a Tarjeta Débito JR, with 3.85% annual interest rate and international ATM access capabilities. Designed to support early financial education.
• Mi Nómina Mexicana Payroll deposit account with 0.50% annual interest rate, designed for employers to deposit employee salaries with no opening amount required. Provides access to salary-linked credit.
• Mi Alcancía Jr Term savings account for minor savers with terms from 180 to 1080 days, featuring variable interest rates and Puntos Verdes loyalty point accumulation.
• Tarjeta Oro CPM Premium credit card on the Mastercard network with credit limits from $50,000 to $264,456.75, variable interest rate of TIIE + 23.4660 points (CAT 46.8%, average rate 30.60%), $600 annual fee plus IVA, 5% cash advance fee, and 2,000 Puntos Verdes upon activation.
• Tarjeta Clásica CPM Entry-level credit card on the Mastercard network with limits from $5,000 to $80,000, variable interest rate of TIIE + 34.0260 points (CAT 45.7%, average rate 41.16%), and no annual fee ($50/month administration fee if no purchases).
• Tarjeta Mujer Cooperativa CPM Credit card on the Mastercard network targeting women, with limits from $5,000 to $25,000, variable interest rate of TIIE + 37.3860 points (CAT 45.8%, average rate 44.52%), no annual fee, and 1,000 Puntos Verdes upon activation.
• Tarjeta de Débito CPM Debit card with no cost or commissions, enabling purchases at POS terminals domestically and internationally, contactless payments up to $1,000, and daily withdrawals up to $10,000 at CPM ATMs.
• Tarjeta de Débito JR Debit card for minor savers aged 12-17, linked to Cuentamiga account with $20 minimum monthly balance requirement and no annual fees.
• Días Dorados CPM Credit card promotional installment program offering 3, 6, or 12 months without interest (MSI) on purchases of $3,000 or more, with extended benefits for purchases of $6,000 or more.
• Crédito Personal Plus CPM Personal loan with interest rates from 15.36% to 36.00% depending on credit profile, CAT of 30.2% without VAT, available at all national branches. Variable rate based on borrower credit profile.
• Credinámico CPM Revolving credit line with interest rates from 15.36% to 28.92%, CAT of 23.4% without VAT, allowing draws and repayments based on credit needs. Rates vary by borrower profile.
• Crédito Inmediato CPM Immediate credit product with 12.24% interest rate plus VAT, offering quick access to funds through digital channels.
• Crédito Automotriz CPM Vehicle financing with rates of 12.84% for new vehicles and 13.80% for used (seminuevos) vehicles, CAT of 19.1% and 20.8% respectively. Fixed rates by vehicle type, no commission.
• Crédito Hipotecario CPM Mortgage loan with rates from 9.60% to 10.08% for housing purposes and 15.24% for liquidity, CAT of 11.7%. Also available with Infonavit co-financing. Rate varies based on LTV ratio.
• Crédito Productivo CPM Business credit with 23.28% interest rate plus VAT and CAT of 28.6%, designed for productive activities and enterprise development.
• Crédito Estudiantil CPM Student credit with 15.12% rate without guarantee and 15.48% with guarantee, CAT of 16.2% and 16.6% respectively, available for Universidad Mondragón students with preferential terms.
• Crédito Cosechando CPM Agricultural credit for working capital and fixed assets with or without guarantees, with rates from 17.28% plus VAT and varying CAT depending on structure.
• Remesas International remittance service enabling members to receive money transfers securely, with entries eligible for Sorteo 75 Años CPM promotions.
• MiSeguro PRYBE Low-cost life microinsurance providing coverage sums from $25,000 to $100,000 for members aged 0-64, with premiums ranging from $125 to $500 annually depending on age and coverage amount. Distributed through the cooperative's PRYBE partnership.
• Puntos Verdes CPM Points-based loyalty program rewarding members for banking activities with points that can be redeemed for benefits and rewards at participating establishments.
• CPM API Market Developer platform providing programmatic access to CPM services including ATM locator API, enabling fintech developers to integrate ATM information into their applications via token-based authentication (30-day tokens).
• Corresponsalías CPM Banking correspondent services enabling deposits and credit payments at partner retail locations including OXXO convenience stores throughout Mexico.
• Cajeros Automáticos CPM Owned proprietary ATM network providing cash withdrawals, balance inquiries, airtime purchases, and other banking services without commission at CPM-branded machines.

Quantifiable outcome

• Nearly 4 million members served with 305,455 minor depositors
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature5 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• MasterCardcoreTechnology or IntegrationMasterCard is the payment network partner for CPM credit cards (Tarjeta Oro, Tarjeta Clásica, Tarjeta Mujer Cooperativa), enabling domestic and international card transactions at POS terminals and online merchants.
• OXXO (FEMSA)coreChannel Partner/ Reseller/ DistributorOXXO convenience stores serve as correspondents (Corresponsalías CPM) allowing cash deposits, loan payments, and service payments at OXXO locations nationwide.
• TELY.MXminorGTM or Marketing PartnerCommercial alliance allowing CPM members to purchase electronics, accessories, and more at www.tely.mx using CPM credit cards with promotional benefits. Code CPM2023 for registration.
• InfonavitcoreStrategic or Co-development PartnerInfonavit mortgage integration allowing employees to use their housing fund for mortgage loans with CPM. Available for vivienda nueva or usada with rates from 9.60% to 10.08%.
• PRYBE (Probeas)coreChannel Partner/ Reseller/ DistributorPRYBE is an insurance platform providing life insurance (MiSeguro PRYBE), auto insurance (MiAutoseguro PRYBE), and home insurance (Casa Protegida) distributed through CPM branches.
• Universidad MondragónminorStrategic or Co-development PartnerEducational partnership offering Crédito Estudiantil CPM specifically for students of Universidad Mondragón with preferential rates of 15.12% (without guarantee) or 15.48% (with guarantee).
• CONDUSEFcoreOthersComisión Nacional para la Protección y Defensa de los Usuarios de Servicios Financieros - regulatory body for consumer protection in financial services.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Caja Morelia Valladolid: Mexican savings and loan cooperative (Sociedad Cooperativa de Ahorro y Préstamo) operating under the same LRASCAP framework as CPM, serving individuals through a regional branch network in Michoacán with comparable savings, credit, and digital banking products.
• Cooperativa Libertad: Another Mexican savings and loan cooperative regulated by CNBV/Fondo de Protección, offering similar savings, credit, and digital services through a member-owned model directly comparable to CPM's cooperative structure.
• Compartamos Banco: Mexican commercial bank (formerly microfinance institution) serving lower-middle-income individuals with savings, microcredit, and small-business loans; operates through a comparable Mexico-wide branch footprint and customer demographic to CPM.

Regional players

• Coopeuch: Chilean savings and credit cooperative serving millions of members with savings, consumer credit, and mortgages; a Latin American regional peer demonstrating the scalable cooperative financial model that CPM mirrors.

Broad incumbents

• Banco Azteca: Large Mexican commercial bank targeting mass-market and underserved consumers with deposit accounts, consumer credit, and a national branch+correspondent footprint overlapping CPM's customer base.
• BanCoppel: Mexican multi-bank holding serving working-class consumers through Coppel store branches with savings, credit cards, and personal loans; directly competes for the same demographic CPM targets nationwide.

Emerging players

• Nu México (NuBank Mexico): Digital-first Mexican neobank offering no-fee accounts, credit cards, and personal loans, increasingly targeting the same underbanked segments CPM serves but via a fully digital model.
• Albo: Mexico City-based digital challenger bank providing multi-product consumer accounts and credit via mobile app, competing for the urban underbanked demographic that overlaps CPM's growth segments.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/CajaMexicana
• YouTubeyoutube.com/c/cajapopularmexicanaoficial
• Facebookfacebook.com/CajaPopularMexicana
• LinkedInlinkedin.com/company/caja-popular-mexicana
• Instagraminstagram.com/cajapopularmexicana
• TikToktiktok.com/@cajapopularmexicana

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 Caja Popular Mexicana