Taivassalon Osuuspankki (Finland)

Address

Ihattulantie 5, 23310, TAIVASSALO, Finland

BIC

n/a

Overview

Business Focus

retail banking

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

Performance

In 2020, Taivassalon Osuuspankki achieved the position of 176th largest bank in Finland with a market share of 0.01%; its total assets grew by 5.66%.

Additionally, the bank became the 139th bank in relation to its loans-to-deposits (L/D) showcasing 99.27% L/D ratio in 2020.

Deposit Protection

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

Market Share (#176 in Finland)

Ratios

L/D

99.27%

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

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

branch

online banking

Financials

Operating_income of Taivassalon Osuuspankki

Total Assets (2020)

66.24 mln EUR (+5.66%)

Operating Income (2020)

231,941.40 EUR (-26.12%)

Taivassalon Osuuspankki ranked as the 176th largest bank in Finland by total assets. In 2020 its total assets were 66.24 mln EUR, representing a 0.01% market share. It was also the 143rd largest cooperative bank in Finland, commanding a 0.07% share among cooperative banks. In 2020 the bank's operating income was 231,941.40 EUR.

Deposit Guarantee

Protected Amount

up to 100,000 EUR

Guarantee Fund

Deposit Guarantee Fund (RVV)

Covered Accounts

deposit products offered by deposit banks

Eligible Depositors

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

Taivassalon Osuuspankki protects deposits up to up to 100,000 EUR per depositor through Finland's deposit guarantee scheme. The scheme applies to deposit products offered by deposit banks made by natural persons (Finnish and foreign), legal entities (Finnish and foreign). The bank participates in the Deposit Guarantee Fund (RVV), making regular contributions into it.