About us

We are the first Financial Cooperatives initiative in Brazil. Made from people to people, with over 3.7 million members and a comprehensive portfolio of products and services.

Check below the numbers of our system, containing the information of Central North and Northeast. The numbers are your last consolidated update of january 2018.
Over 3.7
millions members
Over 22.8
thousand employees
116
affiliated credit unions
BRL 77.5
billions in assets
BRL 12.9
billions in net equity
BRL$ 44.8
billions billion in credit portfolios
BRL$ 50.5
billions in total deposits
BRL 196.5
millions in overages (amount divided between members)
Present in 21
states Brazilian
Over 1.5
thousand branches

Where is Sicredi

It is present in 21 Brazilian states with more than 1,581 branches, and is also available in the rest of Brazil through the Banco24horas network.
 
With the support of over 22,8 thousand employees, Sicredi works to promote the economic and social development of its members and the communities where it is present.  Operating with sustainable growth, the Institution has four main centers: 
  • States of expansion of the country and project of expansion in progress.
  • Sicredi Today

The difference between Credit Union and Bank

At Sicredi you find the same products and services as at a regular bank.  The difference is that here you aren't a client. You are an owner. 
Sicredi
Banks
What it is Company subject to corporate law Company not subject to corporate law
Who are the owners You The investors
What it does Raise funds to finance members' activities. Operates in the financial intermediation and banking services industry. 
Objective To meet members' demands and add income to their activities.  Profit

Mission and Values

Mission

Be a cooperative system, valuing relationships and offering financial solutions to add income and contribute to improving the quality of life of members and society.

Values

  •  Preserving the business cooperative nature.
  •  Respect the individuality of each member.
  •  Valuing people and fostering their development.
  •  Preserving the institution as a system.
  •  Respecting official and internal norms.
  •  Management effectiveness and transparency.

Management

We are the first Financial Cooperatives initiative in Brazil that promotes the social and economic development of its members and the communities where it is present. Operating with a focus on sustainable growth, its differential is a management model that values ¿¿member participation, as they vote and decided the course of their credit union will take.
Management

International Partners

Over the years, the work done by Sicredi has been recognized nationally and internationally. The international partnerships signed with Rabo Financial Institutions Development B.V. (the development section of the Dutch Rabobank group) and the International Finance Corporation (IFC) are a reflection of this.
International Partners

Since 2010, we has worked with Rabobank (one of the largest financial institutions in the cooperative industry) with the goal of developing credit unions as an economic organizational model.  The main result of the partnership is the Technical Assistance Program, which promotes exchanges of skills, knowledge and best practices between the two institutions. 

International Partners

In 2011, we signed a contract with the International Finance Corporation (IFC), a World Bank institution that supports private investment in developing countries. This agreement (which allows a variety of financing options in more than 230 international banks) is the first of its kind to be signed by a Brazilian cooperative bank.