So You Can Process the Recovery of Your Money if You Are a Client of the Crea Cooperative

El Universo

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Factuality

Ownership

After the closure of the CREA cooperative, the deposit coverage mechanism in force in Ecuador is activated and the first step for customers is to contact the liquidator to review the values and include them in the list of beneficiaries of the deposit insurance.

ecuadorendirecto.com

Factuality

Ownership

The Superintendency of Popular and Solidarity Economy reported on July 29, 2025 the forced liquidation of the cooperative of savings and credit CREA, whose parent office is located in Cuenca. The institution operated in nine provinces of the country and had about 98,000 members. Its closure is added to more than 600