The Brazilian Credit Union System, Sicoob, is the largest system of cooperative banks and financial services of Brazil. Sicoob has 4.7 million members throughout the country and is present in all Brazilian states and in the Federal District. It consists of more than 390 individual cooperatives, 16 central cooperatives and the National Confederation of Cooperatives of Sicoob (SicoobConfederação) with more than 3 thousand service points. The System, Banco Cooperativo do Brasil do Brasil (BANCOOB) and its subsidiaries (companies / entities of: electronic means of payment, consortia, DTVM, insurance and social security) that provide specialized products and services for financial cooperatives are also part of the system.
