Coop Pank was established in Autumn 2017 as a cooperative bank, owned by Estonian consumer cooperatives as well as their clients (owners). Coop Pank is focused on providing simple and straight-forward banking products for daily banking and financing particularly to private persons, as well as small and medium-sized companies.
Coop Pank AS is the 8th largest bank in Estonia in terms of total assets. In 2018 its total assets were 438,70 mln EUR, providing the bank with the market share of 1.68%. In 2018 the bank's net income was 181 000,00 EUR.
Coop Pank AS participates in the deposit guarantee scheme of Estonia. This deposit guarantee scheme applies to current accounts, demand deposits, term deposits made by natural persons (Estonian and foreign), legal entities (Estonian and foreign) and covers up to up to 100,000 EUR per bank per depositor. Coop Pank AS is a member of Guarantee Fund of Estonia and makes its contributions into it.
Coop Pank AS is headquartered in Tallinn.