Federacion Uruguaya de Cooperativas de Ahorro y Credito (Montevideo) (Uruguay)

Federacion Uruguaya de Cooperativas de Ahorro y Credito, located in Montevideo, is the largest credit union in Uruguay. It was founded in 1972 and has over 290,000 members. The organization has branches in Montevideo, Canelones, and Maldonado, as well as promotion points in various other cities. VERDE provides services to individuals and microenterprises throughout Uruguay through its branches, promotion points, remote services such as phone, web, mobile apps, and payment networks. The credit union is supervised by the Central Bank of Uruguay as a credit administrator and is one of the largest private financial institutions in the country. VERDE follows a management model based on triple impact principles, aiming to achieve financial, social, and environmental objectives for its membership. In addition to its financial services, VERDE also has a comprehensive cooperative participation and education program that has received numerous accolades in Uruguay and abroad.