FEBANCOLOMBIA

What FEBANCOLOMBIA does

FEBANCOLOMBIA (Fondo de Empleados Bancolombia) is a closed-membership employee welfare cooperative founded in 1970 and headquartered in Bogotá, Colombia. It is regulated by the Superintendencia de la Economía Solidaria (Supersolidaria) under the Colombian "Fondo de Empleados" framework and exists to serve exclusively the employees and families of Bancolombia S.A., Colombia's largest commercial bank. The fund operates a mutual-aid model: members pool savings, receive access to credit, and obtain welfare benefits and partner discounts that would not otherwise be available through standard banking channels.

The fund's product surface spans savings vehicles, multiple credit lines, and welfare subsidies, including an education subsidy program expanded from 170 to 250 annual beneficiaries. Distribution and administration are supported by a self-service member portal, a virtual store, and integrations with payment processors (Wompi, PSE) and back-office tooling (Selsacloud), while a 100+ merchant partnership network ("Vitrina Virtual") underwrites non-financial benefits. The fund also operates a subsidiary, EFE-Fondo de Garantías SAS, which extends its offering into guarantee services for members.

Revenue is generated from member contributions, net interest spread on member loans, and partnership-related commissions; the fund is private, cooperative-structured, and does not publicly disclose financial results. Headcount is reported in the 11–50 range, and there is no evidence of external customer acquisition, B2B services, or geographic expansion beyond Bancolombia's Colombian footprint.

Name

FEBANCOLOMBIA

Legal name

FONDO DE EMPLEADOS BANCOLOMBIA - FEBANCOLOMBIA

Website

https://febancolombia.com.co

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

11–50 employees

Short description

FEBANCOLOMBIA is a closed-membership employee welfare cooperative founded in 1970 and headquartered in Bogotá, Colombia, serving exclusively the employees and families of Bancolombia with savings, credit, welfare subsidies, and partner discounts.

Ownership category

akta.pro rank

Product category

Cooperative Employee Fund (Savings and Credit)

NAICS

Insurance and Employee Benefit Funds (5251), Health and Welfare Funds (525120)

SIC

Savings Institutions, Not Federally Chartered (6036), Personal Credit Institutions (6141)

akta.pro industry

PRIMARYFSAAAGAB

Pension Master Trusts, Superannuation & Provident Funds

Financial & Insurance/Asset & Wealth Management/Asset Management — Institutional (Pensions, Endowments, Sovereign)

Keywords

• Employee savings fund
• Member credit products
• Cooperative welfare benefits
• Solidarity economy finance
• Employee financial services

Headquarters

HQ city

Bogotá

HQ country

Colombia

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Others, Marketing or Sales

Revenue model

1. Savings and Contributions (Aportes y Ahorros): Members make regular savings contributions and permanent savings deposits to the fund. These member deposits constitute the primary source of capital used to fund credit operations.
2. Credit Interest Income: The fund extends various credit products (credit lines, revolving credit, multipurpose loans, vehicle loans, education loans, etc.) to members, generating interest income on the loan portfolio.
3. Partnership Administration / Coordination Fees: FEbancolombia coordinates and administers an extensive network of affiliated partners across health, tourism, retail, insurance, and other sectors, generating administrative value from these relationships.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

FEBANCOLOMBIA is a private cooperative-style employee fund (Fondo de Empleados) exclusively serving Bancolombia employees and their families. It provides savings accounts (permanent contributions, term deposits, future savings, kids' savings), a portfolio of credit lines (Prima fixed-rate, revolving credit, vehicle, education, health, multipurpose, birthday, loyalty, and free investment loans), and a welfare benefits package including education subsidies, recreation aid, death assistance, funeral plan support, entrepreneurship grants (FODES), Christmas gifts, and tenure bonuses. The fund also administers a wide network of partner discounts across hotels, restaurants, healthcare, insurance, technology, and recreation through EFE Garantías.

Product overview

FEBANCOLOMBIA is a cooperative employee fund (Fondo de Empleados) associated with Bancolombia, operating as a comprehensive financial services platform offering savings products (including permanent savings, term deposits, and specialized kids' savings), credit products (with fixed-rate options like Prima, revolving credit lines, vehicle financing, education loans, and multi-purpose credits), and member benefits (education assistance, recreation subsidies, health programs, and entrepreneurship support). The fund also operates EFE Garantías as a subsidiary and maintains partnerships for insurance, prepaid healthcare, technology discounts, tourism, recreation, and restaurant benefits. Members access services through online platforms including account consultation, payment processing via Wompi and PSE, and simulators for credit and savings planning.

Differentiator

Problem solved

Functional benefit

Products and services

• Ahorros Permanentes y Aportes Core savings and contribution accounts for associated members of the employee fund. Members make regular savings contributions and permanent savings deposits to the fund.
• Ahorro a Futuro Long-term savings product designed to help members achieve future financial goals.
• Ahorro a la Mano Flexible savings product with accessible withdrawal options for immediate financial needs.
• Servicio de Depósito a Término (SDAT) Term deposit service with fixed returns for a specified investment period.
• Ahorro Fondo Kids Savings program designed for children of associated members, promoting financial education from an early age.
• Crédito Prima Fixed-rate credit product for associated members, designed with extended payment terms and no surprises.
• Crédito Rotativo / Cupo Rotativo Revolving credit line with pre-approved funds for unexpected expenses, offering immediate access when needed.
• Crédito de Consumo y Destinación Vivienda Consumer and housing destination credit products for personal expenses or home-related financing.
• Crédito de Vehículo Vehicle financing credit with favorable terms for automobile purchases.
• Crédito de Educación Education financing credit for associated members and their families.
• Crédito de Salud Healthcare-related credit for medical expenses and health-related needs.
• Crédito Multipropósito Multi-purpose credit that can be used for various personal financial needs.
• Crédito de Cumpleaños Special birthday credit offering with preferential terms for associated members.
• Crédito de Fidelidad Loyalty credit product rewarding long-term associated members with better terms.
• Crédito Libre Inversión Free investment credit with no restrictions on the use of funds.
• Auxilio de Educación Superior Education assistance benefit awarding 250 annual subsidies of $500,000 COP to recognize academic excellence among members and their families.
• Auxilio de Educación Inicial, Primaria y Secundaria Education assistance for primary and secondary school expenses for members' children.
• Auxilio de Recreación Monthly recreation assistance providing $220,000 COP to 60 selected members for family leisure activities.
• Auxilio de Defunción Death assistance benefit providing financial support to members' families in case of demise.
• Auxilio Plan Exequial Funeral plan assistance covering end-of-life arrangements for members and families.
• Emprendimiento - FODES Entrepreneurship development fund supporting business ventures of associated members.
• Regalo de Navidad Christmas gift benefit providing holiday assistance to associated members.
• Quinquenios Five-year tenure bonus rewarding long-term association with the fund.
• Salud con Prevención Health prevention program providing medical assistance and wellness support to members.
• Vitrina Virtual de Emprendedores Virtual marketplace platform showcasing business ideas and entrepreneurship ventures of associated members and their families.
• Póliza de Seguros (Vida, Hogar, Autos, Motos) Group insurance policies covering life, home, vehicle, and motorcycle coverage through partner insurers including SURA, AXA Colpatria, Howden, and Equidad Seguros.
• Planes de Medicina Prepagada y Salud Prepaid health plans and medical insurance through partners including Colsanitas, Coomeva, Famisanar, and SURA.

Quantifiable outcome

• 250 education subsidies awarded annually (up from 170), each worth $500,000 COP per semester — benefiting 125 members/family members per semester.
• +2 more outcomes

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

Partnerships

64 partnerships are on record, tiered core and minor.

• WompicoreTechnology or IntegrationWompi provides the online payment gateway for FEbancolombia members to make payments (checkout.wompi.co/l/mBivvq), integrated directly into the fund's website for seamless transaction processing.
• Superintendencia de la Economía SolidariacoreOthersFEbancolombia is a regulated employee fund under the supervision of Supersolidaria, as indicated by the Supersolidaria logo displayed on the website footer.
• EFE Garantías (EFE-Fondo de Garantías SAS)minorStrategic or Co-development PartnerEFE Garantías is a related entity with its own website, habeas data policy, and services. Listed as a separate section on febancolombia.com.co alongside FEbancolombia services.
• Hoteles EstelarminorGTM or Marketing PartnerCorporate booking code FEBANCOLOMBIAHE grants members special rates across Estelar's national hotel network including PRIME, RESORTS, SUPERIOR, and ESENCIAL categories. Includes breakfast, WiFi, and safe.
• DecameronminorGTM or Marketing Partner15% discount on Decameron hotels across Colombia through convention code F161. Members can also finance bookings through FEbancolombia's multipurpose credit product.
• Hotel Almirante CartagenaminorGTM or Marketing PartnerExclusive rates with discount code FEBANCOLOMBIA. Benefits include free upgrade, complimentary water and coffee, 5% additional web discount, and 10% off hotel services (spa, gym, restaurants).
• Samsung Electronics Colombia S.A.minorGTM or Marketing PartnerMembers receive 10% to 40% discounts across Samsung's full product portfolio including phones, tablets, TVs, appliances, and monitors through the Samsung Alianzas EPP program with code KOMPENSITY25.
• La Huerta Hotel (Lago Calima)minorGTM or Marketing Partner15% discount on all accommodation services. La Huerta Hotel is a regenerative tourism destination 75 minutes from Cali, recognized with TripAdvisor's Traveller's Choice Awards for 2022, 2023, and 2024.
• Hotel Majam's Resort (San Gil)minorGTM or Marketing Partner35% discount on public rates plus 10% off additional services (events, spa, picnic, dinners). Located in Santander's adventure tourism region.
• Hotel Alejandría Resort (Barichara)minorGTM or Marketing Partner35% discount on public rates, breakfast and hotel area access included. Colonial-style resort in Barichara, Santander with 28 rooms and 2 private cabins.
• Blue Suites Hotel (Bogotá)minorGTM or Marketing Partner30%+ discount on accommodation with breakfast included. Located in Bogotá's exclusive Chicó neighborhood with 40 rooms, event spaces, restaurant, spa, and coworking.
• Hotel Sol Caribe (San Andrés)minorGTM or Marketing PartnerAll-inclusive hotel in San Andrés with preferential rates year-round. Buffets, bars, pools, water activities, shows, and private beach club. Also applies to Hotel Sol Caribe Campo.
• Hotel Sea Flower (San Andrés)minorGTM or Marketing PartnerPreferential rates for members at this San Andrés hotel offering buffet, bars, pools, water activities, and private beach access.
• BlackRoom Hotel GroupminorGTM or Marketing Partner50% discount on rack rates at 8 hotels and lofts in Medellín and Cali (Blue Suites, Urbit, Botánico, Bit Hotels, Wellcomm, Moa, Altio, Firenze). Additional benefits include priority reservations and flexible conditions.
• Grupo Bérnalo HotelsminorGTM or Marketing Partner18 hotels across Colombia (Santa Fe de Antioquia, San Jerónimo, Cartagena, Tolú, Coveñas) with family and adults-only options. Specialized commercial contact: Catalina Rúa.
• Hotel Pueblo BellominorGTM or Marketing PartnerHotel campestre in Colombia's Coffee Cultural Landscape (UNESCO heritage zone) in the Coffee Axis. Special rates for members.
• Hotel Arbóreo (Doradal)minorGTM or Marketing Partner20% discount on reservations near Hacienda Nápoles, includes breakfast and weekend cinema access. Pet-friendly, 54 rooms, pool, restaurant, massage zone.
• Hotel La Montoya (Curití)minorGTM or Marketing Partner25% discount on rates across seasons. Eco-friendly bamboo cabanas in Curití, Santander, with adventure activities and camping.
• Hotel Barranqueros (Comfenalco, Quindío)minorGTM or Marketing Partner15% off regular season rates, 10% off theme park passports (Parque del Café, Parque Los Arrieros, Termales Santa Rosa, Jardín Botánico), and 2×1 promotions.
• Hotel Palma Vino ArboletesminorGTM or Marketing PartnerAgrotourism hotel on the Caribbean coast with 10% off high season and 15% off low season rates. Beachfront with pool, restaurant, pet-friendly.
• Manglar de las Garzas HotelminorGTM or Marketing Partner20% off accommodation at this beachfront hotel near Tolú and Coveñas, with ecological trail, spa, pool, and direct beach access.
• Hotel Waya GuajiraminorGTM or Marketing PartnerAll-inclusive wellness and cultural experience in La Guajira including accommodation, meals, open bar, wet areas, ecological trail, and indigenous cultural activities.
• Tresor Agencia de ViajesminorGTM or Marketing PartnerCultural and community tourism agency for Colombia. Members earn 'Doblones' points for travel that convert to quarterly prizes. Offers custom trips and themed catalogs (Tesoros, Escapadas).
• Finca Raíces (Tour Chocolatero)minorGTM or Marketing PartnerChocolate tourism experience in Guarne, Antioquia. 3-hour guided tour with 20% discount: $65,000 adults, $40,000 children. Includes cacao farm visit, tasting, and chocolate ceremony.
• Finca La EstaciónminorGTM or Marketing PartnerTrain-themed accommodation near Bogotá (La Mesa, Cundinamarca). Associated rate $70,000/person vs $82,000 public. Train carriage (6 beds) and kiosk (9 persons) available.
• GBBA TravelminorGTM or Marketing Partner6% discount on terrestrial portion (hotels, tours, transfers). Preferred rates on national and international packages with expert advisory and flexible payment.
• AviaturminorGTM or Marketing PartnerFull-service travel agency with discounts on national and international travel, religious tourism, and custom programs. ISO 9001 certified.
• IlFornominorGTM or Marketing PartnerItalian cuisine restaurant chain with permanent 10% discount for members and beneficiaries at 35 locations nationwide. 20 years of operation, 850+ employees.
• WajacaminorGTM or Marketing PartnerMexican restaurant chain with permanent 10% discount for members and beneficiaries at 11 locations nationwide. 20 years of experience.
• La Pampa Parrilla ArgentinaminorGTM or Marketing PartnerArgentine grill restaurants in Medellín, Rionegro, and Envigado with 20% discount for members. Birthday celebrations with complimentary dessert and decoration.
• Kabuki Cocina Peruana y JaponesaminorGTM or Marketing PartnerPeruvian and Japanese cuisine in Medellín and Envigado with 20% discount for members and birthday celebrations.
• Kampanas RestauranteminorGTM or Marketing PartnerRestaurant in Medellín's Provenza sector with 20% discount for members and birthday celebrations with complimentary dessert.
• La Taquería (Medellín)minorGTM or Marketing PartnerMexican restaurant in Medellín's Laureles neighborhood with permanent 20% discount and live music. Birthday reservations include complimentary dessert.
• Heladería Mocata by IlFornominorGTM or Marketing PartnerGourmet ice cream at 35 IlForno locations nationwide with 10% permanent discount for members.
• ColsanitasminorGTM or Marketing PartnerPrepaid medicine and health plans (Plan Esencial and Plan Salud Activa) with preferential rates for members. Covers consultations through high specialty.
• Coomeva Medicina PrepagadaminorGTM or Marketing PartnerPrepaid health plans with national specialist network, clinics, and medical centers at adjusted tariffs. Regional contacts for Bogotá, Medellín, Caribbean, Coffee Axis, Bucaramanga, and Cali.
• SURA (Seguros and Salud)minorGTM or Marketing PartnerSURA health policies (Clásica and Global) with copay tables, hospitalization and surgery coverage, and Salud Para Todos plan for members. Managed by Tamayo Especialistas.
• EMI (Grupo EMI)minorGTM or Marketing Partner24/7 medical attention including home medicine, emergencies, and pediatric care. No copays, no pre-existing condition exclusions, no age limits. Coverage in 6 Latin American countries plus 14 via SIEM network.
• Howden Group (formerly Panamerican Life / Pro Seguros)minorGTM or Marketing PartnerInsurance broker administering life, home, vehicle, bicycle, and pet insurance policies for members. Contacts: Ana Penagos (Howden) and Marco Azancot (Tamayo SURA specialists).
• Seguros Martínez PminorGTM or Marketing PartnerFamily insurance agency with 12 years of experience serving 60,000+ families. Hogar Colectivo policy with presence in 12 departments and 4 physical offices nationwide.
• Liberty SegurosminorGTM or Marketing PartnerHome insurance and medical assistance at home policies with Liberty Seguros, providing preferential conditions for members.
• AXA ColpatriaminorGTM or Marketing PartnerHealth, dental, and insurance plans including Original Amparado, Alternate Amparado, and Dental VIP plans available 24/7 via #247.
• ColmédicaminorGTM or Marketing PartnerPrepaid medicine with 75% discount on UPD at Colmédica Medical Centers, 100+ specialties, 30+ centers nationwide, 24/7 home care, and dedicated app with 30+ features.
• EmermedicaminorGTM or Marketing PartnerEmergency medical service with savings of up to 54% vs. private rates. Coverage in Bogotá, Soacha, Chía, Cajicá, Neiva, Cali, Medellín, Villavicencio, Bucaramanga; for travelers in Santa Marta, Barranquilla, Cartagena.
• Coomeva Emergencias MédicasminorGTM or Marketing PartnerHome medical attention 24/7 including consultations, emergencies, and dental emergencies at home. No exclusions, no waiting periods, no copays. Coverage in Bogotá, Cali, Cartagena, Barranquilla, Medellín.
• AMI (Asistencia Médica Integral)minorGTM or Marketing PartnerMobile ICU and emergency medical services in Barranquilla, Cartagena, Santa Marta, Montería, Valledupar, and Manizales with specialized medical teams.
• Odontoespecialistas (Medellín)minorGTM or Marketing PartnerGeneral and specialized dental services with 10% discount on all treatments. 23+ years in market, services include orthodontics, implants, endodontics, aesthetics. Centro Comercial Sandiego, Torre Sur, piso 10.
• Dental EstheticminorGTM or Marketing PartnerDental health services with 40% discount on all treatments in Bogotá.
• DentisaludminorGTM or Marketing PartnerDental solution centers focused on prevention and oral health with preferential member discounts.
• Oftalmología SandiegominorGTM or Marketing PartnerVision health clinic in Medellín specializing in prevention, diagnosis, and surgical treatment of visual problems with special rates.
• Corpodent (Eje Cafetero)minorGTM or Marketing PartnerDental services in Armenia, Calarcá, Circasia, and Pereira with 10% discount on all treatments and special rates on corrective orthodontics.
• CEMEDERminorGTM or Marketing PartnerPhysiotherapy and sports medicine in Barranquilla with 20% first visit discount, 15% session discounts, up to 22.91% on 10-session packages. 30+ years of operation, 80,000+ patient stories.
• Localiza Rent a CarminorGTM or Marketing Partner30% off daily net rates, free mileage, 34+ agencies nationwide including airports, modern fleet (max 2 years old), 24/7 support via #570. Valid for members, siblings, spouse, children, and parents.
• Tu PatinetaminorGTM or Marketing PartnerElectric scooter brand ION with discounts for members. Home delivery nationwide, physical stores in Bogotá, Medellín, and Bucaramanga.
• Cine ColombiaminorGTM or Marketing PartnerMovie tickets at $12,300 COP per 2D screening. Combo deals starting at $13,100 (crispets + soda) and $24,800 (crispets + soda + hot dog). Valid through January 2026.
• ProcinalminorGTM or Marketing PartnerMovie tickets at $11,700 COP for 2D in Medellín, Sabaneta, Bello, Rionegro, La Ceja, Sincelejo, Apartadó, and Soledad. Combos from $15,500.
• CineMarkminorGTM or Marketing PartnerMovie tickets at $10,400 COP for 2D, with 30+ multiplex locations nationwide. Combos from $9,300. Valid through January 2026.
• Royal FilmsminorGTM or Marketing PartnerMovie tickets at $10,000 COP for 2D screenings. Combo packages from $21,500 including ticket, soda, crispets, and snacks.
• Teatro NacionalminorGTM or Marketing Partner20% discount on all theater performances at Teatro Nacional's three venues in Bogotá, applicable to all schedules.
• Teatro Casa E BorrerominorGTM or Marketing Partner20% discount on tickets for all shows and events produced by Teatro Casa E Borrero in Bogotá. Code FEBANCOLOMBIA20 online or ID at box office. 15% off school enrollments.
• Mundo AventuraminorGTM or Marketing PartnerBogotá amusement park — #1 in Colombia by visitors. Silver Passport (29 attractions) at $53,900, Gold Passport (33 attractions) at $70,900. Order via FEbancolombia formats.
• Naro Tech (Smart Store Co)minorGTM or Marketing PartnerMulti-brand tech marketplace with 1%-9% differential discount vs. official brand prices for members. Free national shipping (except San Andrés). Register with FEBANCOLOMBIA as your convention name.
• Ready ClickminorGTM or Marketing PartnerTechnology products including accessories, appliances, TVs, phones, and computers with excellent discounts. National delivery. Catalog available via website.
• Clic OutletminorGTM or Marketing PartnerImport store with permanent 10% discount on entire portfolio (home, tech, sports, kitchen, beauty) for members and beneficiaries. Shop online at clicoutlet.co.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Coomeva Cooperativa: A much larger Colombian cooperative offering financial services, prepaid health plans, and welfare benefits to a broader membership base. Comparable in solidarity-economy orientation and credit/savings product structure but operates at significantly larger scale and serves multiple employer affiliations.
• Banco Caja Social: Colombian cooperative-origin bank offering savings accounts, credit products, and welfare-oriented services. Comparable in serving member-financial-welfare needs within a cooperative governance structure but operates at bank scale across the broader Colombian market.
• Bancolombia (Comfenalco savings/credit products): Parent-sponsor bank of FEbancolombia, offering direct retail savings and credit products to employees and the broader Colombian market. Comparable in core savings and credit product categories but operates as a commercial bank with much broader market reach.

Emerging players

• Colfondos: Colombian pension and severance fund manager operating under AFPC framework. Comparable in administering pooled employee financial resources but focused specifically on retirement/severance rather than the broader savings/credit/welfare model of FEbancolombia.
• Porvenir: Major Colombian pension and employee benefit fund administrator. Comparable in administering pooled employee financial assets for retirement and benefit purposes, but operates as a regulated AFP with a broader corporate client base.

Direct peers

• Fondo de Empleados de Telecomunicaciones (Fontel): Closed-membership employee fund for Colombian telecommunications workers, offering savings, credit, and welfare benefits under the same solidarity economy framework regulated by Supersolidaria. Comparable regulatory environment and product mix to FEbancolombia.
• Cooperativa de Ahorro y Crédito Cooprogreso: Colombian savings and credit cooperative offering savings accounts, credit products, and welfare benefits to affiliated members. Comparable in solidarity-economy framework and core financial services but with open membership versus FEbancolombia's closed Bancolombia-employee model.
• Fondo de Empleados de Ecopetrol (Fondecopetrol): Employee fund serving Ecopetrol's workforce in Colombia's oil sector. Operates as a large-scale Fondo de Empleados with similar savings, credit, and welfare product offerings, providing a benchmark for employee-fund scale and operational complexity.
• Fondo de Empleados del Grupo Aval: A Fondo de Empleados serving employees of Grupo Aval (parent of Banco de Bogotá, Banco Popular, Banco de Occidente). Direct comparable to FEbancolombia as it operates the same closed-membership model for a major Colombian banking group's employees, offering savings, credit, and welfare benefits.
• Fondo de Empleados de Bavaria (Fondebavaria): Employee fund for Bavaria (SABMiller/AB InBev subsidiary) employees in Colombia, operating under the same Fondo de Empleados legal structure with savings, credit, and welfare programs. Comparable business model and cooperative governance framework as FEbancolombia.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

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 FEBANCOLOMBIA