Cooperativa De Credito De Livre Admissao Do Triangulo Mineiro Ltda - Sicoob Aracoop

What Cooperativa De Credito De Livre Admissao Do Triangulo Mineiro Ltda - Sicoob Aracoop does

Sicoob Aracoop is a member-owned credit cooperative operating in the Triângulo Mineiro region of Minas Gerais, Brazil, and licensed as a cooperative of free admission (livre admissão). The cooperative is a member of the Sicoob system (Sistema de Cooperativas de Crédito do Brasil), one of Brazil's largest cooperative banking networks, and relies on the Sicoobnet digital banking platform for its core technology stack, including mobile account opening and member onboarding via QR code linking to the Sicoobnet app.

Its core products are deposit and capital products for individual members (cooperados): demand deposits (Depósito à Vista), term deposits (Depósito à Prazo), and capital accounts (Conta Capital), supplemented by loan access funded from the collective pool of member deposits and capital contributions. The cooperative also offers a Surplus Distribution Simulation tool on its website that allows members to estimate their participation in the cooperative's annual sobras based on expected annual deposit balances, reinforcing the cooperative's central value proposition that members who concentrate more financial activity receive proportionally greater distributions.

Revenue is generated primarily through interest on loans to members, returns on member capital contributions, and fees on standard banking services such as deposits and account maintenance. The go-to-market model is community-led: members are acquired organically through the Sicoob network's digital channels and then retained through the cooperative's surplus distribution mechanism, which aligns members' economic incentives with the cooperative's financial performance. The cooperative does not disclose pricing, financial results, or headcount trends beyond a stated employee count of six, indicating that much of the operational burden is centralized within the Sicoob system.

Name

Cooperativa De Credito De Livre Admissao Do Triangulo Mineiro Ltda - Sicoob Aracoop

Legal name

Cooperativa De Credito De Livre Admissao Do Triangulo Mineiro Ltda - Sicoob Aracoop

Website

https://aracoop.com.br

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Sicoob Aracoop is a member-owned credit cooperative in the Triângulo Mineiro region of Minas Gerais, Brazil, operating within the Sicoob network and serving individual members (cooperados) with deposits, capital accounts, loans, and annual surplus distribution (sobras).

Ownership category

akta.pro rank

Product category

Cooperative Banking

NAICS

Credit Unions (522130)

SIC

Commercial Banks, Nec (6029)

akta.pro primary industry

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

Keywords

• Credit cooperative services
• Cooperative banking
• Member-owned banking
• Deposit accounts
• Consumer lending

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure

Revenue model

1. Interest Income from Loans: As a credit cooperative, Sicoob Aracoop generates revenue primarily through interest charged on loans extended to members. Members borrow from the collective pool of deposits and capital contributions.
2. Capital Contribution Returns: Members make capital contributions to the cooperative which are used for lending operations. Returns are distributed to members based on their participation in the cooperative.
3. Financial Services Fees: Revenue generated from various financial services including deposits (à vista and à prazo), account maintenance, and other banking services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Sicoob Aracoop is a credit cooperative operating in the Triângulo Mineiro region of Minas Gerais, Brazil, as part of the Sicoob nationwide cooperative banking system. It offers deposit accounts (demand and term), capital accounts, loans, and other financial services to its members (cooperados), with members sharing in the cooperative's annual surplus distribution based on their financial activity.

Product overview

Sicoob Aracoop is a credit cooperative that offers financial services to its members (cooperados). The cooperative operates on the principle that members who concentrate more of their financial activity receive greater participation in surplus distribution. The primary product offering includes a Surplus Distribution Simulation tool that allows members to calculate their expected participation based on average annual deposit balances. Core services include Capital Accounts (Conta Capital), Demand Deposits (Depósito à Vista), and Term Deposits (Depósito à Prazo), all of which factor into the member's annual surplus distribution calculation. The simulation tool is accessible via the cooperative's website and mobile application.

Differentiator

Problem solved

Functional benefit

Products and services

• Simulação de Rateio de Sobras (Surplus Distribution Simulation) An online simulation tool that enables members to estimate their share of the cooperative's annual surplus distribution (sobras) based on their projected average annual deposit balances, factoring the three most recent surplus approvals in the cooperative's general assembly.
• Conta Capital (Capital Account) A capital contribution account where the cooperative credits members' share of surplus distributions. Forms the foundational basis for computing each member's participation in annual surplus distribution.
• Depósito à Vista (Demand Deposits) Sight deposit accounts held by members that contribute to the member's average annual balance, which in turn determines participation in the cooperative's surplus distribution.
• Depósito à Prazo (Term Deposits) Time/term deposit accounts held by members that contribute to the member's average annual balance, which in turn determines participation in the cooperative's surplus distribution.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Sicoob (Sistema de Cooperativas de Crédito do Brasil)coreStrategic or Co-development PartnerSicoob Aracoop operates as a local cooperative within the Sicoob network, one of Brazil's largest cooperative banking systems. The partnership provides the technological platform (Sicoobnet), brand association, and network infrastructure for operations.

Scale indicators1 record

Recent moves3 records

Expansion highlights3 records

Emerging players

• Nubank: Nubank is Brazil's largest digital bank, offering deposits, loans, and accounts via mobile app. Represents a disruptive competitor for member acquisition and deposit growth, especially among younger residents in mid-sized Brazilian cities like Araguari.
• Inter & Co: Inter is a Brazilian digital bank offering a broad financial super-app including deposits, credit, and investing. Competes with Sicoob Aracoop for digitally-engaged retail customers in regional Brazilian markets.

Direct peers

• Sicredi: Sicredi is the other major Brazilian cooperative banking system, directly comparable to Sicoob. Both operate member-owned credit cooperatives serving individuals and businesses across Brazil with similar surplus distribution models.
• Cresol: Cresol is a Brazilian credit cooperative, originally rooted in agricultural communities but now serving a broader member base. Operates with the same member-owned cooperative model, deposits, lending, and surplus distribution as Sicoob Aracoop.
• Unicred: Unicred is a Brazilian credit cooperative network focused on professionals and corporate segments. Comparable to Sicoob Aracoop as another cooperative banking alternative offering deposit and lending services to defined member groups.
• Bancoob (Banco Cooperativo do Brasil): Bancoob is the central cooperative bank that supports Sicoob cooperatives with wholesale banking, liquidity, and shared services. Comparable as the institutional backbone of the Sicoob network to which Sicoob Aracoop belongs.
• Cooperativa Central de Crédito (other Sicoob singular cooperatives): Other Sicoob-affiliated single cooperatives in different regions of Brazil. They share the same brand, technology platform, and operational model, making them the closest direct peers in product offering and customer base.

Broad incumbents

• Banco do Brasil: Banco do Brasil is a large state-controlled bank providing retail and commercial banking services nationwide. Serves overlapping deposit and lending customers in the same regional market as Sicoob Aracoop.
• Bradesco: Bradesco is one of Brazil's largest private commercial banks, with a wide branch network and retail/commercial lending. Competes with Sicoob Aracoop for individual and small business customers in the Triangulo Mineiro region.
• Caixa Econômica Federal: Caixa is Brazil's major federal public bank, offering savings, deposits, and lending services nationwide. Competes with Sicoob Aracoop for retail deposits and consumer credit in the Triangulo Mineiro region.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights4 records

Customer concentration

• LinkedInlinkedin.com/company/cooperativa-de-credito-de-livre-admissao-do-triangulo-mineiro-ltda---sicoob-aracoop

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Cooperativa De Credito De Livre Admissao Do Triangulo Mineiro Ltda - Sicoob Aracoop