Company Information

Get to know Sicoob Cecremef

Founded in 1972, Sicoob Cecremef is a financial cooperative integrated into the Sicoob System, one of Brazil's largest financial cooperative networks. Its mission is to provide financial solutions, including loans, investments, insurance, and payment services, with more advantageous conditions and personalized service compared to traditional banks. The cooperative was originally created for employees of Eletrobrás, Furnas, Eletronuclear, and Cepel, fostering a sense of community and mutual support among its members while promoting financial education and sustainable development.

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Financial BankingPRIMARY
Financial Other Service

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Sicoob Cecremef

Brazil

Founded in

1961 (65 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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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.