The European Association of Co-operative Banks (EACB)
The Voice of Co-operative Banks
The European Association of Co-operative Banks (EACB) represents, promotes and defends the common interests of its 28 member institutions and of cooperative banks, with regard to banking as well as to co-operative legislation.
Founded in 1970, today the EACB is a leading professional lobbying association in the European banking industry. Co-operative banks play a major role in the financial and economic system.
They contribute widely to stability thanks to their anti-cyclical behaviour, they are driver of local and social growth with 3,135 locally operating banks and 58,000 outlets, they serve 209 million customers, mainly consumers, SMEs and communities.
Europe’s co-operative banks represent 80.5 million members and 732,000 employees and have an average market share in Europe of about 20%.