ChiantiBanca (full name Credito Cooperativo, Società Cooperativa) is an Italian
bank
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital m ...
based in
Monteriggioni,
Tuscany
Tuscany ( ; ) is a Regions of Italy, region in central Italy with an area of about and a population of 3,660,834 inhabitants as of 2025. The capital city is Florence.
Tuscany is known for its landscapes, history, artistic legacy, and its in ...
.
The bank was a
cooperative bank
Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take deposits and lend money in most parts of the world.
Cooperative banking, as discussed here, includes retail banking carr ...
. However, in 2016 the bank
demutualized
Demutualization is the process by which a customer-owned mutual organization (''mutual'') or co-operative changes legal form to a joint stock company. It is sometimes called stocking or privatization. As part of the demutualization process, member ...
. In the same year the bank also absorbed ''Banca di Pistoia Credito Cooperativo'' and ''Banca Area Pratese Credito Cooperativo''.
History
''Banca del Chianti Fiorentino e Monteriggioni'' was formed in 2010 by the merger of ''Banca del Chianti Fiorentino'' (founded in 1909) and ''Banca Monteriggioni'' (founded in 1924). In 2012 the bank absorbed ''Credito Cooperativo Fiorentino'' (founded in 1909).
In 2016 the bank
demutualized
Demutualization is the process by which a customer-owned mutual organization (''mutual'') or co-operative changes legal form to a joint stock company. It is sometimes called stocking or privatization. As part of the demutualization process, member ...
. In the same year the bank also absorbed ''Banca di Pistoia Credito Cooperativo'' and ''Banca Area Pratese Credito Cooperativo''.
Sponsorship
Banca Area Pratese was a sponsor of the football club
A.C. Prato. In 2016 ChiantiBanca sponsored Prato directly as their shirt sponsor. ChiantiBanca also sponsored of
S.S. Robur Siena
Siena Football Club Società Sportiva Dilettantistica, commonly referred to as Siena, is an Football in Italy, Italian football club based in Siena, Tuscany. The club was re-incorporated in 2020 after the bankruptcy of the previous legal entity ...
.
References
Former cooperative banks of Italy
Banks of Italy
Companies based in Tuscany
Banks established in 2010
Italian companies established in 2010
Metropolitan City of Florence
Province of Siena
Monteriggioni
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