Created by Anna Mileiko 
Purmo Andelsbank is a cooperative bank owned by its members via shares.Purmo Andelsbank provides retail and private banking products and servicesas well as pensions, insurance and investment funds productsto its owners (members).
In 2023, Purmo Andelsbank achieved the position of 150th largest bank in Finland with a market share of 0.01%; its total assets dropped by 1.09%.
Additionally, the bank became the 116th bank in relation to its loans-to-deposits (L/D) showcasing 98.58% L/D ratio in 2023.
Deposits up to 100,000 EUR are covered by Finnish deposit guarantee scheme in Purmo Andelsbank.
branch
online banking
Purmo Andelsbank ranks as the 150th largest bank in Finland by total assets. In 2023 its total assets were 53.42 mln EUR, representing a 0.01% market share. It is also the 120th largest cooperative bank in Finland, commanding a 0.05% share among cooperative banks. In 2023 the bank's operating income was 892,719.40 EUR.
Deposit Guarantee Fund (RVV)Purmo Andelsbank 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.
OP-Pohjola Group (Finland)Purmo Andelsbank is a member of OP-Pohjola Group (Finland).
Lillbyvägen 168, 68940, LILLBY, FinlandPurmo Andelsbank is located in LILLBY.
