Emil Banca Credito Cooperativo

What Emil Banca Credito Cooperativo does

Emil Banca Credito Cooperativo is an Italian cooperative bank (Banca di Credito Cooperativo) founded in 1895, headquartered in Bologna, and operating across six Emilian provinces: Bologna, Modena, Reggio Emilia, Parma, Piacenza, and Ferrara. The bank serves individuals, families, small and medium enterprises, professionals, and the agricultural sector, providing the standard suite of retail and commercial banking products — current accounts, cards and payments, mortgages and personal loans, investments and pension products, and insurance — distributed primarily through its physical branch network and supplemented by digital channels including Relax Banking (a Gruppo BCC Iccrea home-banking platform), the App Per Te mobile application, and a WhatsApp communication channel.

The bank's revenue model follows standard cooperative banking mechanics: net interest income from lending (mortgages, personal loans, SME financing, agricultural credit, Transizione 5.0 subsidized financing), fee and commission income on banking and insurance products, and ancillary income from welfare services and partnerships. Specific pricing is not publicly disclosed and requires in-branch consultation. Emil Banca is a member-owned institution (governed by its soci), part of Gruppo Bancario Cooperativo Iccrea — Italy's largest cooperative banking group with 117 Bcc banks and approximately 2,500 branches across over 1,700 municipalities — which provides back-office scale, capital, and product platforms (Crediper consumer credit, RentUp long-term rental, Relax Banking).

Beyond core banking, Emil Banca has built a distinctive social-impact and ecosystem platform: the "La Via della Solidarietà" crowdfunding program with Idea Ginger (253 campaigns, over 3 million euros raised over 10 years, 40,000+ donors), the MUG – Magazzini Generativi innovation hub in Bologna, the newly-launched Mutua EMI welfare entity (2025), and co-founding of the Fondazione per la Finanza Solidale (2025). It also operates international microfinance programs (Togo, Ecuador, Malawi) coordinated by Federcasse and Coopermondo, and has served as a rapid-response lender during the 2023 and 2024 Emilia-Romagna floods (75 million euros in low-cost liquidity for the 2024 floods, 40 million euros in moratoria after the 2023 floods).

Name

Emil Banca Credito Cooperativo

Legal name

Emil Banca Credito Cooperativo

Website

https://emilbanca.it

Company type

Private

Founded year

1895

Operating status

Operating

Headcount range

251–500 employees

Short description

Emil Banca Credito Cooperativo is an Italian cooperative bank founded in 1895, headquartered in Bologna, serving individuals, families, businesses, and professionals across six Emilian provinces as part of Gruppo Bancario Cooperativo Iccrea. It offers retail and commercial banking, cooperative welfare services, crowdfunding support for the Third Sector, and disaster-relief financing.

Ownership category

akta.pro rank

Product category

Cooperative Banking

NAICS

Credit Unions (52213)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Cooperative Banks (Member-Owned Commercial/Retail) (FSABAEAF)

akta.pro secondary industry

Community Development Credit Unions (CDCUs) (FSABAEAC)

Keywords

• Cooperative banking
• Retail banking services
• Consumer lending
• Business financing
• Wealth management

Headquarters

HQ city

Bologna

HQ country

Italy

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Distribution channels3 records

Marketing channels8 records

Core offering

Emil Banca Credito Cooperativo is a cooperative bank providing comprehensive retail and commercial banking services including current accounts, payment cards, mortgages, personal and business loans, investments, pensions, and insurance. It serves individuals, families, businesses, and professionals across the Emilian territory through a network of physical branches and digital channels (Relax Banking home banking and App Per Te mobile app), while pursuing its cooperative mission of mutualism, territorial development, and social solidarity.

Product overview

Emil Banca Credito Cooperativo is a cooperative bank belonging to Gruppo Bancario Cooperativo Iccrea, serving individuals, families, businesses, and professionals across the Emilian territory. The bank offers a comprehensive suite of banking products organized around its core offerings: Conti correnti (current accounts), Carte e altri pagamenti (cards and payments), Finanziamenti (financing including mortgages and loans), Investimenti e previdenza (investments and pension), and Assicurazioni (insurance). The product portfolio extends through sub-brands and modules including Crediper (consumer financing), La Via della Solidarietà (crowdfunding via Idea Ginger partnership), Mutua EMI (mutual welfare), RentUp (long-term vehicle rental), and Telepass (toll collection). Digital access is provided via Relax Banking (home banking platform) and App Per Te (mobile app). The bank also operates MUG - Magazzini Generativi as an innovation hub and supports the Transizione 5.0 program for business digitization. The Vivacard promotional card targets young customers under 36.

Differentiator

Problem solved

Functional benefit

Brands

• Crediper: Financing products offering for BCC banks belonging to Gruppo BCC Iccrea.
• Bank to Be
• EMI (Ente Mutualistico)

Products and services

• Current Accounts (Conti correnti) Current accounts for individuals, families, businesses, and professionals, providing standard banking services such as deposits, withdrawals, and transfers.
• Cards and Payments (Carte e altri pagamenti) Credit and debit cards, payment cards, and other payment solutions for retail and business customers.
• Mortgages (Mutui) Home purchase mortgage financing products for individuals and families, including flexible mortgage solutions available across Emil Banca's territory.
• Personal and Business Loans (Finanziamenti) Comprehensive financing solutions including personal loans, business loans, and specialized microcredit for flood victims (up to 30,000 euros for individuals, up to 100,000 euros for businesses).
• Investments and Pensions (Investimenti e previdenza) Investment products and pension/retirement planning services for wealth management and long-term financial security.
• Insurance (Assicurazioni) Insurance products and coverage options available through Emil Banca to protect customers' financial and personal assets.
• Telepass Activation Service Highway toll collection device and service available for activation at Emil Banca branches, enabling customers to pay tolls electronically.
• App Per Te Mobile Banking Mobile application for Emil Banca customers providing banking services and account management on smartphones and tablets.
• Crediper Consumer Financing Financing brand of the BCC belonging to Gruppo BCC Iccrea, offering consumer loans, personal financing, and promotional credit campaigns such as Prestito #Summer Crediper.
• Mutua EMI Welfare Entity Mutual health and welfare entity of Emil Banca (Ente mutualistico di Emil Banca) providing wellness, care, and cultural benefits to members and clients. Launched 2025.
• La Via della Solidarietà Crowdfunding Service Crowdfunding platform partnership with Idea Ginger enabling third-sector organizations to raise funds for social projects in Emil Banca's territory. Over 10 years, raised over 3 million euros across 253 campaigns.
• RentUp Long-Term Vehicle Rental Long-term vehicle rental (noleggio a lungo termine) service through Gruppo BCC Iccrea, offering smart mobility solutions for individuals and families.
• Transizione 5.0 Financing and Leasing Government-sponsored financing and leasing program for businesses to support the transition to Industry 5.0, featuring subsidized loans and tax incentives.
• Bank to Be Youth Account Banking account promotion targeting young clients under 36, offering zero fees until age 26 (waivable from 27 to 35), with a Vivacard of 30 euros prize for new customers.
• MUG - Magazzini Generativi Innovation Hub Innovation hub and generative spaces created by Emil Banca at Via Emilia Levante 9/F, Bologna, dedicated to fostering social and technological innovation for local startups and cooperative ventures.

Quantifiable outcome

• 253 crowdfunding campaigns published over 10 years, all reaching their funding objectives, raising more than 3 million euros for Third Sector projects in Emilia.
• +3 more outcomes

Named customers17 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

22 partnerships are on record, tiered core, major and minor.

• Fondazione per la Finanza SolidalecoreStrategic or Co-development Partner · 11 May 2025Emil Banca is a co-founder of the Fondazione per la Finanza Solidale, alongside Associazione Parma per la Famiglia, Chiesi S.p.A., and a group of local entrepreneurs. The foundation addresses prevention of economic fragility and usury, promoting social and financial reintegration of vulnerable families in the Parma territory. Emil Banca President Gian Luca Galletti and Board member Alberto Montanari serve on the Foundation's Council.
• Ginger (Idea Ginger)coreTechnology or Integration · 1 January 2015Partnership with Ginger's Idea Ginger platform for the 'La Via della Solidarietà' crowdfunding project. Over 10 years, 253 campaigns raised more than 3 million euros. Emil Banca provides training, covers platform costs, promotes campaigns, and contributes matching funds. In 2024 alone, over 1 million euros was raised with an Emil Banca investment of just over 60,000 euros.
• Federcasse / Gruppo Bcc IccreacoreStrategic or Co-development PartnerEmil Banca is a member of Gruppo Bancario Cooperativo Iccrea, Italy's largest cooperative banking group (117 Bcc banks, nearly 2,500 branches, over 1,700 Italian municipalities). Participates in collective initiatives including the 'Uniti per l'Emilia-Romagna' flood relief (1+ million euros raised). Also involved in international microfinance through Federcasse-coordinated projects in Ecuador ('Microfinanza Campesina' - 100M+ USD in 20 years) and Togo.
• We World OnluscoreStrategic or Co-development PartnerLong-standing partnership against violence on women. Emil Banca supports Spazi Donna (women's support centers), raises awareness on economic violence, and funds women's empowerment programs. Partnership renewed annually since at least 2019. Bank donates daily commission revenue on November 25 (International Day for Elimination of Violence against Women).
• Fondazione ANT ItaliamajorGTM or Marketing PartnerPartnership with ANT Foundation for home oncology assistance, prevention, and research. Emil Banca sponsors ANT-Days Christmas markets in Bologna with employee volunteering, and participates in Piazza XXL events. Long-standing collaboration since at least 2023.
• Cucine Popolari (Bologna)majorStrategic or Co-development PartnerPartnership for the C.R.E.S.C.I. project against educational poverty. The project operates at Casa di Quartiere Katia Bertasi al Navile, providing after-school support for 60 children, Italian language courses for migrant mothers, and cultural activities. Emil Banca contributed 20,000 euros. Initiated by the Bologna Shareholder Committee.
• VOLABO (Centro Servizi per il Volontariato Bologna)majorStrategic or Co-development PartnerPartnership for the 'Guardare al futuro' master program for Third Sector management. Emil Banca is main partner, with classes held at MUG - Magazzini Generativi hub. Other partners include Confcooperative Bologna, Cooperfidi Italia, AICCON, University of Bologna, and Forum del Terzo Settore di Bologna.
• Fondazione Scintille di Futuro ETSmajorGTM or Marketing PartnerEmil Banca supports the 'Progetto Legalità - Reggio Emilia' educational program reaching over 600 students. The project involves Pietro Grasso meeting students from three Reggio Emilia schools. Promotes civic education, anti-mafia awareness, and memory of Falcone and Borsellino.
• Confcommercio Ascom BolognamajorGTM or Marketing PartnerPartnership for the 'XXL Piazza Libera' initiative at Piazza XX Settembre in Bologna (April-June 2025). Emil Banca animated the square with Third Sector partners including Ageop, CEFA, ANT, Fondazione dopo di Noi, Orchestra Senza Spine, and others.
• Fairbnb.coopminorGTM or Marketing PartnerPartnership promoting ethical tourism platform that allocates 50% of commissions to local community projects. Emil Banca offers its members the opportunity to become Fairbnb hosts in the Emilian territory, aligned with cooperative values.
• Confcooperative BolognamajorStrategic or Co-development PartnerPartnership in CoopUp Bologna - a training, networking and incubation program for social entrepreneurship (7th edition, 2022). Also collaborated on CoopUp supporting cooperative and social enterprise projects. Confcooperative Bologna President Daniele Ravaglia also served as Emil Banca's Director General.
• Chiesi S.p.A.coreStrategic or Co-development PartnerCo-founder of Fondazione per la Finanza Solidale alongside Emil Banca and Associazione Parma per la Famiglia. Chiesi President Maria Paola Chiesi serves on the Foundation's board. Chiesi is a major pharmaceutical company headquartered in Parma.
• Associazione Parma per la FamigliacoreStrategic or Co-development PartnerTransferor of assets and experience to the new Fondazione per la Finanza Solidale. Long history of social solidarity projects through the Consulta per la Solidarietà e Coesione Sociale, now operating as a Foundation body. President Alfredo Alessandrini leads the Foundation.
• Associazione Rsi ModenaminorGTM or Marketing PartnerListed as a partnership in Emil Banca's sustainability and social responsibility initiatives.
• Antoniano OnlusminorGTM or Marketing PartnerListed as a partnership in Emil Banca's social projects, including solidarity markets and cultural initiatives.
• Istituto RamazziniminorGTM or Marketing PartnerListed as a partnership in Emil Banca's social responsibility and sustainability initiatives.
• SprecoZeroGTM or Marketing PartnerListed as a partnership in Emil Banca's sustainability initiatives, addressing food waste reduction.
• Fondazione Rizzoli (Istituto Ortopedico Rizzoli)minorGTM or Marketing PartnerEmil Banca is among the founders and board members of the Fondazione per il Rizzoli, alongside other Emilian companies, supporting the renowned orthopedic institute.
• Comitato Reggio Città UniversitariaminorGTM or Marketing PartnerEmil Banca joined the UniMoRe 2020 project to support young people pursuing education. President Giulio Magagni signed the adhesion, providing financial support for the initiative promoted by Bishop Massimo Camisasca.
• CEFA OnlusminorGTM or Marketing PartnerPartnership since 2011 for 'In the name of Africa' fundraising events. Emil Banca creates annual 'souvenir objects' for donations supporting CEFA projects including agricultural school in Kilolo, Tanzania.
• CoopermondocoreStrategic or Co-development PartnerInternational cooperation organization collaborating with Federcasse on the Credito Cooperativo's microfinance projects in Ecuador ('Microfinanza Campesina') and Togo ('Le Bcc con il Togo'). Emil Banca participates actively in these missions.
• MUG - Magazzini GenerativicoreStrategic or Co-development PartnerEmil Banca created and hosts MUG (Magazzini Generativi), an innovation hub at Via Emilia Levante 9/F, Bologna, dedicated to social and economic innovation for the territory. Hosts the 'Guardare al futuro' Third Sector master, C.R.E.S.C.I. project, and various cultural events.

Scale indicators17 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• UniCredit: One of Italy's largest universal banks offering full retail, corporate and wealth services, including in Emilia-Romagna. Competes for the same local SME and household deposits as Emil Banca, but with substantially larger balance sheet and product depth.
• Banco BPM: Major Italian banking group formed from the merger of multiple regional banks with significant presence in northern Italy including Emilia-Romagna. Overlaps Emil Banca on retail accounts, mortgages and SME loans, but at much larger scale.
• Intesa Sanpaolo: Italy's largest banking group with universal retail, SME and corporate offerings including insurance, asset management and digital banking (Isybank). Overlaps Emil Banca in retail current accounts, mortgages and SME financing but with national scale and superior digital capabilities.
• Cassa Centrale Banca: Central institution for the Cassa Centrale Group of cooperative banks, the second-largest Italian cooperative banking network. Functions as a peer parent-cooperative organization to Gruppo BCC Iccrea with similar mutualistic mandate but distinct member base.

Direct peers

• Credem (Credito Emiliano): Regional commercial bank with deep Emilia-Romagna roots across Modena, Reggio Emilia, Bologna and surrounding provinces, offering current accounts, mortgages, business lending and wealth management. Directly comparable in geography and customer segments, though organized as a joint-stock rather than cooperative.
• Banca Popolare di Sondrio: Italian cooperative-popular bank serving retail customers and SMEs nationwide with a regional Lombardy anchor. Comparable product set (deposits, mortgages, business lending) and member-influenced governance model.
• Banca di Bologna Credito Cooperativo: Another Italian Banca di Credito Cooperativo headquartered in the Bologna area, serving individual and SME members with the same mutualistic model as Emil Banca under the Gruppo BCC Iccrea umbrella. Same territory, same product mix, same regulator — the closest like-for-like peer.
• Banca Sella: Italian cooperative banking group with strong digital posture and family-business focus, providing retail and SME banking across Italy. Comparable mutualistic structure and product breadth to Emil Banca, but more advanced on proprietary digital channels.

Emerging players

• Banca Mediolanum: Italian retail-focused bank built on advisor-driven distribution and digital channels, competing for household savings and investment products. Comparable retail-customer focus but with a national, fee-heavy model rather than territorial branch density.

Others

• Federcasse (Federazione Italiana delle Banche di Credito Cooperativo): Federation representing Italian Bcc cooperatives (including Emil Banca) and coordinating international microfinance and solidarity projects such as those in Ecuador and Togo. Not a competitor but a key ecosystem counterpart that shapes the regulatory and social mandate of Emil Banca.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/EmilBancaBCC
• Facebookfacebook.com/EmilBancaBcc
• LinkedInlinkedin.com/company/emil-banca
• Instagraminstagram.com/emilbanca
• Xx.com/EmilBanca

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

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 Emil Banca Credito Cooperativo