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Bank COOP - Switzerland

History

Foundation

Date:
30th October 1927
Original name: Bank der Genossenschaften und Gewerkschaften.
Legal form: cooperative bank.
Founder members: Association of Swiss Consumers’ Cooperative Societies (now Coop) and the Swiss Trade Union Federation
Objects: to ensure financial requirements of the cooperative movement (in particular, house-building by building cooperatives) and payment transactions.


Milestones

1927:
Foundation as the "Bank der Genossenschaften und Gewerkschaften"
1928: Change of name to "Genossenschaftliche Zentralbank"
1970: Reorganisation into joint-stock company
1995: Change of name to "Coop Bank"
2000: Acquisition by Basler Kantonalbank of controlling interest
2001: Change of name to "Bank Coop"

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