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 27 member institutions and of co-operative 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 2.700 locally operating banks and 42.000 outlets, they serve 223 million customers, mainly consumers, SMEs and communities.
Europe’s co-operative banks represent 87 million members and 705.000 employees and have an average market share in Europe of about 20%.
EACB Mission's Statement
Full membership of the association is open to national associations and central bodies having their registered office in any European Union Member State and which group together cooperative banks or of which cooperative banks are members.
Associate membership is open to national associations and central bodies which group together cooperative banks or have among their members cooperative banks having their registered office in a European country which is not a Member State of the European Union or in a third country under certain conditions.
At the EACB, we work closely with our members in different working groups related to the big topics we are dealing with. Those working groups are dispatched between two departments : the Legal department and the Retail Banking, Payments, Financial Markets Department.