History

Learn about the beginning of one of the largest cooperative financial institutions in Brazil, which is now present in 22 Brazilian states and Federal District (Brasília) with over 4 million members.
  • The first credit union in Latin America is founded in the municipality of Nova Petrópolis, Rio Grande do Sul.

  • The first Rural Office is founded and named the Popular Union of Rio Grande do Sul.

  • The Central Credit Union of Rio Grande do Sul (Cocecrer, RS) is established. It is now the Sicredi Regional Office - South. 

  • 10 individual credit unions operating in Paraná establish the Central Rural Credit Union of Paraná (Cocecrer, PR), which is now the Sicredi Regional Office - PR.

  • The Mato Grosso Central Rural Credit Union (Cocecrer, MT), which is now the Sicredi Regional Office - MT/PA/RO and the Mato Grosso do Sul Central Rural Credit Union (Cocecrer, MS), which is now the Sicredi Regional Office – Central Brazil are established.

  • All credit unions begin using the Sicredi brand, unifying the identity of every credit union in the system. 

  • The first private Brazilian cooperative bank, Banco Cooperativo Sicredi S.A., is founded. 

    União Faz a Vida (Unions Create Life), Sicredi's main social responsibility program, is launched.

  • Alcred Central - SP is established, which is now the Sicredi Regional Office - SP

  • Banco Cooperativo Sicredi is authorized to perform rural credit operations with fees equal to the  National Treasury.

  • Confederação Sicredi and Corretora de Seguros Sicredi Ltda. (insurance) are established.

  • Banco Cooperativo Sicredi solidifies its participation in BC Card - Administradora de Cartões dos Bancos Cooperativos Ltda. (card administrator for cooperative banks).

  • National Monetary Council (CMN) approves Resolution No. 3.106/03, which authorizes members to be freely admitted.  

    Sicredi begins operations in Santa Catarina. 

  • Administradora de Bens Sicredi Ltda. (asset management) is founded.

  • Fundação Sicredi and Administradora de Consórcios Sicredi Ltda. (consortium administrator) are founded. 

    Sicredi reaches the states of Goiás, Tocantins and Rondônia.2004

  • Banco Cooperativo Sicredi purchases 100% of BC Card, which is renamed Administradora de Cartões Sicredi Ltda. (card administrator). 

  • Sicredi Participações S.A. is established.  

  • Credit unions celebrate the 100 year anniversary of credit cooperativism in Nova Petrópolis, RS with the inauguration of the "Strength of Cooperativism" monument.

  • Information exchange partnership signed with Dutch Rabobank group.

  • Contract signed with the International Finance Corporation (IFC), the section of the World Bank that invests in the private sector of developing countries.

  • Declared the International Year of Cooperatives by the UN.

    Banco Cooperativo Sicredi is authorized to operate with a real estate credit portfolio.

    Sustainability Policy implemented.

  • Agreement with the IFC (International Finance Corporation) is expanded. 

  • Succession process at Sicredi.

  • National expansion of Sicredi with the signing of the memorandum of affiliation of Unicred North/Northeast to the System.

  • Launch of the new brand.

    Repositioning Sicredi with a focus on the national presence, with regional performance and, consequently, in the category of cooperative financial institutions in Brazil.

  • Expansion of operations, with presence in 21 brazilian states: Acre, Alagoas, Bahia, Ceará, Goiás, Maranhão, Mato Grosso, Mato Grosso do Sul, Pará, Paraíba, Paraná, Pernambuco, Piauí, Rio de Janeiro, Rio Grande do Norte, Rio Grande do Sul, Rondônia, Santa Catarina, São Paulo, Sergipe and Tocantins.