![]() ![]() On May 19, 2017, the institution undertook a comprehensive rebranding and became the Bank Cler ( Banque Cler Banca Cler).Ĭoop was one of the first self-checkout providers in Switzerland, introducing its own system called Passabene in 2005. In 1999, the Basler Kantonalbank became the majority shareholder. It became a shares company in 1970, and in 1995 was renamed Bank Coop ( Banque Coop Banca Coop). In 1927, the Verband Schweizerischer Konsumvereine and the Swiss Federation of Trade Unions founded the Genossenschaftliche Zentralbank (French: Banque Centrale Coopérative Italian: Banca Centrale Cooperativa). In 1969, it was renamed to its current name, Coop Genossenschaft (French: Coop société coopérative Italian: Coop società cooperativa). In 1890, many of them joined together to form the Verband Schweizerischer Konsumvereine (VSK) (French: Union suisse des sociétés de consommation (USC)). Over the next years, many other cooperative societies emerged in the country. In 1864, textile industrialist Jean Jenny-Ryffel formed Switzerland's first consumer cooperative in Schwanden in the canton of Glarus. The Coop Group has a workforce of around 80,000, with approximately 54,000 employees in Switzerland. In total, the Coop Group has around 2,000 retail outlets in Switzerland and 124 cash & carry markets in Switzerland and other European countries. With Transgourmet Holding AG, Coop is Europe's second largest cash & carry and wholesale supplies business. Coop Group operates store formats in the food, non-food and service sectors. The Coop Group is headquartered in Switzerland and operates in the retail, wholesale, and production sectors. It currently markets its services in German, French, Italian, and English. The web site offers much of the same selection found in the Coop stores and delivers groceries, wine, flowers, books, and other products to customers in Switzerland and Liechtenstein. The chain has an online presence at coop.ch. Coop owns the Swiss chocolate company Halba.Ĭoop publishes a weekly magazine called Coopzeitung (in German), Coopération (in French) and Cooperazione (in Italian). The company also sells products bearing the Max Havelaar Fairtrade label.Ĭoop also has a low-cost product line, "Prix Garantie". Coop has three primary brands with a sustainability selling proposition: Coop Oecoplan (various daily life products), Coop Naturaline (textile products) and Coop Naturaplan (food). In June 2011, independent German rating agency Oekom Research awarded Coop with the title of "World's Most Sustainable Retailer". According to Bio Suisse, the Swiss organic producers' association, Coop accounts for half of all the organic food sold in Switzerland. It is structured in the form of a cooperative society with around 2.5 million members.Īs of 2019, Coop operates 2,478 shops and employs more than 90,000 people in Switzerland. ![]() The Money House, Inc., is an Equal Housing Lender.Coop ( German pronunciation: ) is one of Switzerland's largest retail and wholesale companies. THE CONTENT ON THIS WEBSITE WAS NOT FROM AND WAS NOT APPROVED BY HUD OR FHA. All Borrowers are subject to complete program criteria and underwriting guidelines. This is not a commitment to lend or a loan approval. Terms and site content subject to change without notice. For consumer information please paste into your browser. The information contained on this website is for authorized licensed mortgage professionals only and is not intended or to be used for access by consumers. Not all products, programs and options are available in all states. NMLS # 169716: Corporate Office: 52 Paseo Covadonga St., San Juan, PR, 00901 78 Licensed by the Commissioner of Financial Institutions of Puerto Rico #IH-040 California: Department of Business Oversight under the California Residential Mortgage Lending Act, License #41DBO-46418 Florida: Florida Mortgage Lender License MLD821 Georgia: Georgia Department of Banking and Finance # 47451 Illinois: Illinois Residential Mortgage License # MB 6761152 Tennessee: Tennessee Department of Financial Institutions #128757 Texas: Texas SML Mortgage Company Branch License NMLS ID #1392959, for additional consumer information refer to the Texas Consumer Complaint and Recovery Fund Notice located on our main website legal page. ![]()
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