Kurun Osuuspankki (Finland)

Address

Kauppatie 11, 34300, KURU, Finland

BIC

n/a

Overview

Business Focus

retail banking

Kurun Osuuspankki is a cooperative bank owned by its members via shares.Kurun Osuuspankki provides retail and private banking products and servicesas well as pensions, insurance and investment funds productsto its owners (members).

Performance

In 2020, Kurun Osuuspankki achieved the position of 182nd largest bank in Finland with a market share of 0.01%; its total assets grew by 4.04%.

Additionally, the bank became the 35th bank in relation to its loans-to-deposits (L/D) showcasing 108.85% L/D ratio in 2020.

Deposit Protection

Deposits up to 100,000 EUR are covered by Finnish deposit guarantee scheme in Kurun Osuuspankki.

Market Share (#182 in Finland)

Ratios

L/D

108.85%

Services

retail banking

business banking

Clients

private individuals

SMEs

companies

Products

current accounts

credit cards

debit cards

savings accounts

time deposit accounts

consumer loans

car loans

mortgage loans

Card Providers

Ways to Bank

Kurun Osuuspankki delivered its products and services through both direct and indirect channels, namely:

branch

online banking

Financials

Total Assets (2020)

58.78 mln EUR (+4.04%)

Operating Income (2020)

120,273.80 EUR (-42.83%)

Kurun Osuuspankki was the 182nd largest bank in Finland in terms of total assets. In 2020 its total assets were 58,78 mln EUR, providing the bank with the market share of 0.01%. Kurun Osuuspankki was the 149th largest cooperative bank in Finland (out of 158 cooperative banks) having market share of 0.06% amongst the banks of this category. In 2020 the bank's operating income was 120 273,80 EUR.

Deposit Guarantee

Guarantee Fund

Deposit Guarantee Fund (RVV)

Protected Amount

up to 100,000 EUR

Eligible Depositors

natural persons (Finnish and foreign)
legal entities (Finnish and foreign)

Covered Accounts

deposit products offered by deposit banks

Kurun Osuuspankki participates in the deposit guarantee scheme of Finland which applies to deposit products offered by deposit banks made by natural persons (Finnish and foreign), legal entities (Finnish and foreign) and covers up to up to 100,000 EUR per bank per depositor. Kurun Osuuspankki is a member of Deposit Guarantee Fund (RVV) and makes its contributions into it.