The Banco de Crédito Cooperativo (BCC) held its General Incorporation Meeting on January 28, 2014.
The 32 Spanish rural Banks that decided to create the BCC and thus became in its first shareholder entities were: Cajamar Caja Rural, Caixa Rural Torrent, Caixa Rural de Vila-real, Caixaltea, Caixa Rural Burriana, Caixa Rural Nules, Caixacallosa, Caixapetrer, Caixaalqueries, Caixa Rural San Vicent Ferrer de Vall d'Uixó, Caja Rural de Cheste, Caixa Rural d'Alginet, Caja Rural de Villar, Caixaturís, Caixa Rural Vilavella, Caixa Rural de Almenara, Caixa Rural Vilafamés, Caixa Rural Xilxes, Caja Rural de Almendralejo, Caja Rural de Utrera, Caja Rural de Baena, Caja Rural de Cañete de las Torres, Caja Rural de Nueva Carteya, Caja Rural de Adamuz, Caja Rural de Castilla-La Mancha, Caixa Guissona, Caixa Almassora, Caixa Rural La Vall, Caixa Benicarló, Caixa Rural Les Coves and Caixa Vinaròs.
The Banco de Crédito Cooperativo has assumed the status of head entity of the Grupo Cooperativo Cajamar and therefore the management and representation of it.
The Grupo Cooperativo Cajamar is currently formed by 19 entities: the Banco de Crédito Cooperativo and 18 rural banks (Cajamar Caja Rural, Caixa Rural Torrent, Caixa Rural de Vila-real, Caixaltea, Caixa Rural Burriana, Caixa Rural Nules, Caixacallosa, Caixapetrer, Caixaalqueries, Caixa Rural San Vicent Ferrer de Vall d'Uixó, Caja Rural de Cheste, Caixa Rural d'Alginet, Caja Rural de Villar, Caixaturís, Caixa Rural Vilavella, Caixa Rural de Almenara, Caixa Rural Vilafamés, Caixa Rural Xilxes). These entities have 1.6 million of partners and provide service to 3.7 million of customers.
The Grupo Cooperativo Cajamar is a consolidated group of credit entities described as Protection Scheme (SIP in Spanish) by Bank of Spain, which BCC is the head entity. The 30 September 2022 has assets amounting 63,273 millions of euros, a managed business volume of 97,835 millions of euros, a solvency ratio of 15.5 % and a ratio CET 1 phased in of 13.1 % and CET 1 fully loaded of 12.9 %, 868 branches, 158 agencies, 1,517 ATMs, 5,254 employees and 124 agents, in addition to its electronic and mobile banking services.
Its area of action is national. Through the entities that make up Grupo Cooperativo Cajamar, BCC is present in every region of Spain, specifically in 47 provinces of Andalusia, Aragon, Asturias, Baleares, Canarias, Cantabria, Castilla-La Mancha, Castilla y Leon, Catalonia, Community of Valencia, Extremadura, Galicia, La Rioja, Madrid, Navarra, Basque Country and Region of Murcia, as well as in the autonomous cities of Ceuta and Melilla.
By its linking to the shareholder rural banks that have led to its incorporation, the Banco de Crédito Cooperativo is an entity that within a framework of the social economy and pays special attention to rural areas and food and agriculture sector. Its financing activity is specially aimed to SMEs, self-employed and family economy.
According to its bylaws, the purpose of Banco de Crédito Cooperativo is specified in the performance of all kinds of activities, transactions and services specific of the banking business in general, that are in accordance with current legislation.
Among Banks, Savings Banks, Rural Banks and other credit cooperatives and financial entities operating in Spain, the Grupo Cooperativo Cajamar, where the Banco de Crédito Cooperativo is its header entity, it is in the 10th place in the national ranking.
The social bodies of the Banco de Crédito Cooperativo are: