Company Information

Get to know Sicoob Cecremec

Founded on June 29, 1984, by employees of the company Mecânica Pesada S/A, Sicoob Cecremec is a credit cooperative that is part of the Sicoob System (Sistema de Cooperativas de Crédito do Brasil). The company's mission is to provide financial solutions and services tailored to the needs of its members, promoting their economic and social development. As a cooperative, members are also owners and participate in the company's results, receiving services such as checking accounts, loans, investments, insurance, and credit cards with typically more favorable rates than traditional banks.

Industry

Financial BankingPRIMARY
Financial Other Service

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Sicoob Cecremec

Brazil

Founded in

1970 (56 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(327 reviews)

United States

2008

(18 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.