cooperativa medica de antioquia

Name

cooperativa medica de antioquia

Legal name

Cooperativa Médica de Antioquia

Website

https://comedal.com.co

Company type

Private

Founded year

1963

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Cooperative Banking / Savings and Credit Cooperative

NAICS

Credit Unions (52213)

SIC

Personal Credit Institutions (6141)

akta.pro primary industry

Community Development Credit Unions (CDCUs) (FSABAEAC)

Keywords

• Savings and credit cooperative
• Medical professional banking
• Cooperative financial services
• Member-owned credit union
• Physician insurance services

Headquarters

HQ city

Medellín

HQ country

Colombia

HQ region

Latin America

Offices10 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Credit/Loan Interest: Revenue generated from interest on various loan products including personal loans, commercial loans, automatic credit lines, and credit cards offered to medical professional members.
2. Insurance Services: Commissions from insurance products including civil liability, home, vehicle, protected income, health, life, protected salary, and travel assistance insurance.
3. Savings Deposits: Savings mobilization from members through various savings accounts, CDATs, and investment products, generating interest spread revenue.
4. Member Fees: Fees from member affiliations and ongoing service charges for various financial services.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Cooperativa Médica de Antioquia (COMEDAL) is a private Colombian savings and credit cooperative that exclusively provides financial services to medical professionals. Its core offering spans three pillars: savings products (demand deposits, payroll accounts, term deposits CDAT/CDAT PLUS, goal-based savings), credit products (personal loans, residency/postgraduate loans, commercial loans, payroll-deductible loans, revolving credit lines, credit cards), and insurance distribution (life, health, vehicle, home, civil liability, income protection, salary protection, travel assistance). Services are accessed through 10 physical branch offices across Colombia and proprietary digital channels including a mobile app, web banking, and an enterprise payroll portal.

Product overview

COMEDAL is a savings and credit cooperative (Cooperativa de Ahorro y Crédito) exclusively serving the medical profession in Colombia. The cooperative offers a comprehensive financial services portfolio organized into three core pillars: Savings (Ahorro) products including demand deposits, term deposits (CDAT/CDAT PLUS), payroll savings, and goal-based savings (Proyéctate, Siembra Futuro); Credit (Crédito) products including personal loans, resident/postgraduate loans, commercial loans, payroll deduction loans, automatic credit lines, and credit cards; and Insurance (Seguros) including life, health, vehicle, home, civil liability, and travel assistance. The cooperative also provides a mobile app (App COMEDAL), web banking (Sucursal Virtual), and a corporate portal (Portal Empresarial) for enterprise clients. Additional member benefits include educational scholarships (Beca Comedal 60 años, Beca Gilberto Arango Orozco, Beca Residentes) and commercial partnerships (Convenios) offering discounts on travel, education, health, and wellness services. COMEDAL serves over 10,000 members across multiple offices in Colombia including Medellín (headquarters), Bogotá, Barranquilla, Cali, Pereira, Valledupar, and Rionegro.

Differentiator

Problem solved

Functional benefit

Products and services

• Ahorro Disponible Demand savings account allowing cooperative member physicians to deposit and withdraw funds with immediate availability.
• Cuenta de Ahorro Nómina Flexible payroll savings account for receiving salaries, service fees, or professional honoraria without 4x1000 tax, which COMEDAL assumes on behalf of the member.
• CDAT Term deposit investment product that protects members' savings from inflation through fixed interest rates over a defined term.
• CDAT PLUS Enhanced term deposit offering with additional investment features beyond the standard CDAT, accessible through the dedicated CDAT PLUS simulator.
• Proyéctate Goal-based savings program designed to help medical professional members achieve specific financial objectives through structured deposits.
• Siembra Futuro Long-term savings product intended for future financial planning of medical professional members and their families.
• Tarjeta Débito Debit card for accessing member savings account funds at ATMs and merchant point-of-sale locations.
• Crédito Libre Inversión Personal-purpose credit line offered at competitive interest rates to cooperative members for any personal use.
• Crédito Residentes y Posgrados Specialized credit product designed for medical residents and postgraduate medical students to finance their professional education.
• Crédito Comercial Business credit product for cooperative members who operate commercial enterprises.
• Crédito Libranza Payroll-deductible loan where monthly installments are collected directly from the member's employer through a libranza agreement.
• Cupo Automático Revolving automatic credit line granted to members based on their savings history and creditworthiness within the cooperative.
• Tarjeta de Crédito Credit card offered to cooperative members with benefits and discounts specific to the COMEDAL membership.
• Seguro de Responsabilidad Civil Professional liability insurance providing malpractice-related coverage for medical practitioners at cooperative-preferential rates.
• Seguro de Hogar Home insurance protecting member residences and household belongings against covered risks.
• Seguro de Vehículo Vehicle insurance covering automobiles and other vehicles owned by cooperative members.
• Seguro de Renta Protegida Income protection insurance providing financial support to members in case of disability or serious illness.
• Seguro de Salud Health insurance covering medical expenses and healthcare services for members and their families.
• Seguro de Vida Life insurance policies offering comprehensive coverage for cooperative members and their families at preferential rates through COMEDAL partnerships.
• Seguro Salario Protegido Salary protection insurance ensuring continued income for members in the event of covered contingencies affecting their professional earnings.
• Asistencia de Viaje Travel assistance service providing emergency medical and logistical support to members while traveling abroad.
• App COMEDAL Proprietary mobile application for iOS and Android providing cooperative members 24/7 autonomous access to account management, transactions, and COMEDAL financial services.
• Sucursal Virtual Web-based online banking platform allowing cooperative members to manage accounts, perform transfers, pay via PSE, and conduct financial transactions 24/7.
• Portal Empresarial Corporate portal delivered in partnership with Banco Cooperativo Coopcentral that enables companies to manage payroll, pay suppliers, handle social security contributions, and execute interbank transfers through COMEDAL.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered minor and core.

• Seguros SURAminorStrategic or Co-development Partner · 1 January 2026SURA insurance company sponsors the Residentes Scholarship program, providing $18 million grants for medical resident living expenses. Supported Dra. Yoleidis Obeso Fernández in 2026-1 term.
• FogacoopcoreOthersFogacoop (Fondo de Garantías de Entidades Cooperativas) provides deposit insurance coverage for member savings, ensuring financial protection for all associated members' deposits.
• Banco Cooperativo CoopcentralcoreTechnology or IntegrationStrategic partnership for the Enterprise Portal (Portal Empresarial) enabling companies to manage payroll, supplier payments, and interbank transfers through COMEDAL's services.
• PSE (Pagos Seguros en Línea)coreTechnology or IntegrationIntegration with PSE payment system allowing members to make payments to commerce and services through the virtual branch.

Scale indicators3 records

Recent moves15 records

Expansion highlights6 records

Broad incumbents

• Cooperativa Coomeva: One of Colombia's largest cooperatives, historically serving healthcare and other professionals with savings, credit, and social security services. Comparable as a member-owned financial cooperative operating in the same Colombian regulatory environment, though broader than COMEDAL's exclusive medical focus.
• Banco Caja Social BCSC: Colombian commercial bank with a strong social-banking mission and broad retail footprint. Comparable to COMEDAL in serving salaried professionals and offering payroll-deductible loans (Libranza), but operates at national commercial bank scale with a much wider customer base.
• Bancolombia: Colombia's largest commercial bank, offering full-service savings, credit, insurance, and digital banking to professionals nationwide. Comparable as a competing provider of financial services to Colombian medical professionals, though operating at vastly larger scale and with broader customer segments.
• Davivienda: Major Colombian commercial bank with deep mortgage, payroll, and digital banking offerings. Competes directly with COMEDAL for physician banking relationships through payroll accounts (similar to COMEDAL's Cuenta de Nómina) and consumer lending products.

Direct peers

• Cooperativa Confiar: Colombian cooperative financial institution supervised by Supersolidaria, offering savings, credit, and insurance to members. Closely comparable business model to COMEDAL as a savings and credit cooperative, though serving a broader member base rather than exclusively medical professionals.
• Cotrafa Cooperativa Financiera: Colombian savings and credit cooperative offering deposit, lending, and digital banking services, supervised by Supersolidaria. Closely comparable cooperative financial institution model, though serving a broader geographic and occupational base than COMEDAL.
• Cooperativa Universitaria (Colombia): Colombian savings and credit cooperative serving affiliated professionals with deposits, loans, and digital channels. Comparable closed-membership cooperative model targeting a defined professional community, mirroring COMEDAL's exclusive medical-profession focus.

Regional players

• Compensar Caja de Compensación: Colombian family compensation fund providing financial services, education, healthcare, and social benefits to affiliated workers. Comparable as a complementary financial-services provider serving Colombian professionals, though structured as a compensation fund rather than a cooperative.

Others

• Seguros SURA Colombia: Major Colombian insurance company that partners with COMEDAL on the Beca Residentes scholarship program and offers insurance products to COMEDAL's members. Comparable as a financial-services provider serving the same Colombian professional segment, though focused on insurance rather than deposits and credit.

Emerging players

• Banco Cooperativo Coopcentral: Colombian cooperative bank providing wholesale banking services to affiliated cooperatives, including the Portal Empresarial integration with COMEDAL. Comparable as part of the Colombian cooperative financial ecosystem, though serving other cooperatives rather than retail medical professionals directly.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/cooperativa_comedal?igsh=MTZlZzJ6czI1dmx0Zw==
• LinkedInlinkedin.com/company/cooperativacomedal

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 cooperativa medica de antioquia