UPDATE AT February 1, 2026: Major changes are now in effect for employees of cooperative banks in the regions of Abruzzo and Molise. A recent agreement, finalized on January 28, 2026, allows permanent employees and their children to access favorable conditions for mortgages and personal loans.
Mortgage options for home purchases
For individuals seeking to purchase their first home, the financing options are particularly attractive. Employees can secure loans that cover up to 80% of the property’s value, with a maximum limit of €300,000. This amount is determined based on an appraisal conducted at the bank’s expense. For those interested in secondary homes, financing extends to 70% of the property’s value, capped at €200,000.
Construction and renovation financing
In addition to home purchases, support is available for constructing
or renovating a primary residence. Loans can reach up to €300,000 for new builds. Renovation projects can receive funding for 80% of the estimated costs, with a maximum allowance of €150,000, provided that a cost estimate is presented.
Financial assistance for children of bank employees
The financial program also extends to adult children of bank employees. They are eligible for loans aimed at purchasing, constructing, or renovating properties, with the possibility of receiving
up to 80% of the property’s value. The cap for individual loans is €250,000, with a family limit set at €600,000.
Bureaucratic considerations
Following the deed of sale, it is imperative that the child is removed from the parent’s family unit. This step is vital for adherence to bureaucratic protocols.
Additional loan options and personal loans
A notable aspect of this program is the provision of mortgages for liquidity. These loans serve multiple purposes, including funding the purchase of a new home after selling the initial property or consolidating existing debts. Additionally, cooperative banks can provide support for paying off pre-existing loans or acquiring properties that are already mortgaged.
Employees can apply for personal loans up to €50,000. The interest rate is tied to the European Central Bank rate, with an additional margin of 1%. The maximum repayment period for these loans is 10 years. Furthermore, employees have the option to activate an overdraft facility of up to €50,000, with variable interest rates based on the ECB rate.
Competitive savings options
For savings deposits, employees enjoy competitive terms, with interest rates reaching up to 2%. These conditions are often further enhanced for members of the cooperative bank.
Joint accounts and family benefits
Employees and their children can register both bank accounts and savings deposits under their names. Upon request, co-ownership with a spouse or other family members is allowed, provided the employee submits a self-declaration.
The financing options provided by cooperative banks for employees in Abruzzo and Molise are crucial for facilitating home ownership and enhancing personal financial management. With a broad array of loans and credit facilities, individuals can discover tailored solutions that address their specific financial needs.