Cassa di Risparmio di Fermo S.p.A. (Carifermo) is an Italian

savings bank A savings bank is a financial institution whose primary purpose is accepting savings account, savings deposits and paying interest on those deposits. History of banking, They originated in Europe during the 18th century with the aim of providi ...

based in

Fermo Fermo (ancient: Firmum Picenum) is a town and ''comune'' of the Marche, Italy, in the Province of Fermo. Fermo is on a hill, the Sabulo, elevation , on a branch from Porto San Giorgio on the Adriatic coast railway. History The oldest hum ...

, Marche region.

History

Cassa di Risparmio di Fermo was found on 5 July 1857 in the

Papal States The Papal States ( ; it, Stato Pontificio, ), officially the State of the Church ( it, Stato della Chiesa, ; la, Status Ecclesiasticus;), were a series of territories in the Italian Peninsula under the direct sovereign rule of the pope fro ...

, which was approved by

Pope Pius IX Pope Pius IX ( it, Pio IX, ''Pio Nono''; born Giovanni Maria Mastai Ferretti; 13 May 1792 – 7 February 1878) was head of the Catholic Church from 1846 to 1878, the longest verified papal reign. He was notable for convoking the First Vatican ...

on 29 April. In 1920s, the bank absorbed Cassa di Risparmio di Montottone, Cassa Rurale di Montottone, Cassa di Risparmio di Falerone and Cassa Rurale di Santo Stefano di Monterubbiano. In 1940 Cassa di Risparmio di Sant'Elpidio was absorbed into the bank. Due to

Legge Amato Legge is a surname. Notable people with the surname include: *Alexander Legge (1866–1933), US businessman, president of International Harvester * Anthony Legge (1939–2013), British archaeologist specialized in zooarchaeology *Arthur Kaye Legge ...

, the bank was split into a company limited by shares ( it,

società per azioni ''Società'' (Italian: ''Society'') was an Italian communist cultural magazine published in Italy between 1945 and 1961. History and profile ''Società'' was founded as a quarterly magazine in Florence in 1945. The founders were Ranuccio Bianchi ...

) and Fondazione Cassa di Risparmio di Fermo (the banking foundation) in 1991 (approved on 21 December 1991; gazetted on 24 January 1992).

Cassa di Risparmio delle Provincie Lombarde Cassa di Risparmio delle Provincie Lombarde known as Cariplo SpA, was an Italian bank. On 2 January 1998 the bank merged with Banco Ambrosiano Veneto to form Banca Intesa. The company became a short-lived sub-holding company in late 1990s, which w ...

(Cariplo) acquired a minority interests in the bank for 33.3% shares in late 1990s. Cariplo also had a minority interests in neighboring savings bank ( it, Cassa di Risparmio):

Ascoli Piceno Ascoli Piceno (; la, Asculum; dialetto ascolano: Ascule) is a town and ''comune'' in the Marche region of Italy, capital of the province of the same name. Its population is around 46,000 but the urban area of the city has more than 93,000. Geo ...

(Marche),

Teramo Teramo (; nap, label= Abruzzese, Tèreme ) is a city and ''comune'' in the Italian region of Abruzzo, the capital of the province of Teramo. The city, from Rome, is situated between the highest mountains of the Apennines (Gran Sasso d'Italia) ...

Pescara Pescara (; nap, label= Abruzzese, Pescàrë; nap, label= Pescarese, Piscàrë) is the capital city of the Province of Pescara, in the Abruzzo region of Italy. It is the most populated city in Abruzzo, with 119,217 (2018) residents (and approxim ...

Chieti Chieti (, ; , nap, label= Abruzzese, Chjïétë, ; gr, Θεάτη, Theátē; lat, Theate, ) is a city and ''comune'' (municipality) in Central Italy, east by northeast of Rome. It is the capital of the province of Chieti in the Abruzzo region. ...

(Abruzzo),

Foligno Foligno (; Southern Umbrian: ''Fuligno'') is an ancient town of Italy in the province of Perugia in east central Umbria, on the Topino river where it leaves the Apennines and enters the wide plain of the Clitunno river system. It is located so ...

Spoleto Spoleto (, also , , ; la, Spoletum) is an ancient city in the Italian province of Perugia in east-central Umbria on a foothill of the Apennines. It is S. of Trevi, N. of Terni, SE of Perugia; SE of Florence; and N of Rome. History Spolet ...

(Umbria),

Rieti Rieti (; lat, Reate, Sabino: ) is a town and ''comune'' in Lazio, central Italy, with a population of 47,700. It is the administrative seat of the province of Rieti and see of the diocese of Rieti, as well as the modern capital of the Sabina re ...

(Lazio) as well as

Banca delle Marche Banca Adriatica S.p.A. trading as UBI Banca Adriatica and formerly known as Nuova Banca delle Marche S.p.A. was an Italian bank based in Jesi, Marche region. It has operations in several regions in central Italy, but concentrated in Marche region ...

(the successor of CR Jesi) and a majority interests in

Città di Castello Città di Castello (); "Castle Town") is a city and ''comune'' in the province of Perugia, in the northern part of Umbria. It is situated on a slope of the Apennines, on the flood plain along the upper part of the river Tiber. The city is north of ...

. However, despite Cariplo was merged with

Banco Ambrosiano Veneto Banco Ambrosiano Veneto, also known as Banco Ambroveneto for short, was an Italian bank formed in 1989 by the merger of Nuovo Banco Ambrosiano (the bank replacing the collapsed Banco Ambrosiano) with Banca Cattolica del Veneto. Since 1989, Crédit ...

in 1998,

Banca Commerciale Italiana Banca Commerciale Italiana (COMIT), founded in 1894, was once one of the largest banks in Italy. In 1999 it merged with a banking group consisting of Cassa di Risparmio delle Provincie Lombarde (aka Cariplo; est. 1823) and Banco Ambroveneto, wh ...

in 1999,

Sanpaolo IMI Sanpaolo IMI S.p.A. was an Italian banking and insurance conglomerate, based in Turin. It employed about 44,000 people and had about 7 million customers. On 24 August 2006 a merger with Banca Intesa was announced, which on 1 December 2006 was app ...

in 2007,

Banca CR Firenze Banca Cassa di Risparmio di Firenze S.p.A. known as Banca CR Firenze, was an Italian savings bank. Once a listed company, the group now part of Intesa Sanpaolo since 2007. History Cassa di Risparmio di Firenze (The Saving Bank of Florence) was fou ...

in 2008, the foundation remained to control Carifermo, with

Intesa Sanpaolo Intesa Sanpaolo S.p.A. is an Italian international banking group. It is Italy's largest bank by total assets and the world's 27th largest. It was formed through the merger of Banca Intesa and Sanpaolo IMI in 2007, but has a corporate identity s ...

, a successor of

Banca Intesa Banca Intesa S.p.A. was an Italian banking group. It was formed in 1998. In the next year the banking group merged with another bank Banca Commerciale Italiana to become IntesaBCi. However, the name of the group was reverted to Banca Intesa in 2 ...

and Cariplo, was the latest owner of the remaining 33.3% shares. The bank is the only independent savings bank of Marche which is still controlled by the banking foundation;

Cassa di Risparmio di Loreto Cassa di Risparmio di Loreto S.p.A. also known as Carilo was an Italian savings bank based in Loreto, in the Province of Ancona. It was one of the 7 saving banks in Marche region in 1990s. 3 out of 7 saving banks were predecessors of Banca delle M ...

(Carilo) was a subsidiary of

; Banca delle Marche was bail-out and nationalized in 2015 by Italian National Resolution Fund; both Carilo and new Banca Marche were absorbed by new owner

UBI Banca Unione di Banche Italiane S.p.A., commonly known for its trading name UBI Banca, was an Italian banking group, the fifth largest in Italy by number of branches. It was formed on 1 April 2007 from the merger of the Banche Popolari Unite (trading ...

in October 2017.

References

External links

* Banks established in 1857 1857 establishments in the Papal States Banks of Italy Companies based in le Marche Province of Fermo Cariplo acquisitions Intesa Sanpaolo {{Italy-bank-stub

History

See also

References

External links