Data as of September 2026. The savings and credit cooperatives supervised by the CMF had 1,985,079 members and US$3,846 million in loans at the end of September, up 5.15% in real terms over twelve months, faster than banks. Their 90-day-plus delinquency rose to 2.50%, from 2.20% a year earlier, according to the CMF, Banking and Cooperative System Performance Report, September 2026. In consumer lending, Capual reports the lowest total cost among cooperatives and ranks 4 of 17 lenders in Sernac's comparator.
View the data as a table
| Members | 1,985,079 |
| Loans (US$ million) | US$3,846 |
| 90-day-plus delinquency | 2.50% |
| Return on average equity (ROAE) | 11.65% |
Savings and credit cooperatives in Chile: the ranking by size
Chile has many cooperatives, but only those above a certain equity size are supervised by the Financial Market Commission (CMF), under rules similar to those for banks. There are seven: Coopeuch, Oriencoop, Capual, Detacoop, Ahorrocoop, Coonfia (formerly Lautaro Rosas) and Coocretal. The rest fall under the Economy Ministry's Cooperatives Department. The table ranks them by total assets as of June 2026, the latest quarterly financial statements published by the CMF.
| Rank | Cooperative | Total assets | Loans to customers | Jan-Jun 2026 result |
|---|---|---|---|---|
| 1 | Coopeuch | CLP 4,041,372,000,000 | CLP 3,060,272,000,000 | CLP 57,407,000,000 |
| 2 | Oriencoop | CLP 150,196,000,000 | CLP 118,891,000,000 | CLP 1,545,000,000 |
| 3 | Capual | CLP 117,901,000,000 | CLP 95,189,000,000 | CLP 2,004,000,000 |
| 4 | Detacoop | CLP 108,807,000,000 | CLP 85,229,000,000 | — |
| 5 | Ahorrocoop | CLP 107,193,000,000 | CLP 89,133,000,000 | CLP 1,569,000,000 |
| 6 | Coonfia | CLP 83,048,000,000 | CLP 61,103,000,000 | CLP 291,000,000 |
| 7 | Coocretal | CLP 13,147,000,000 | — | — |
Source: CMF, Quarterly financial statements of cooperatives, June 2026. CLP figures as of June 2026; "—" means the figure could not be read unambiguously in the published statement. Coopeuch holds 87.4% of the seven cooperatives' assets: it is larger than several mid-sized banks and the only one with a mass national presence. The other six are regional or niche entities, with assets between CLP 13,147,000,000 and CLP 150,196,000,000.
What cooperatives lend and how their delinquency is trending
Cooperatives are, above all, consumer lenders: that type of credit was 66.67% of their portfolio in September 2026. Housing accounts for 29.18% and is the fastest-growing segment (16.26% in real terms over twelve months), while consumer lending rose only 1.20%. 90-day-plus delinquency reached 2.50% overall, with 2.71% in consumer, 1.50% in housing and 6.06% in commercial loans. At banks, the same indicator was 2.36%.
View the data as a table
| Consumer | Housing | Commercial | |
|---|---|---|---|
| Cooperatives | 67% | 29% | 4% |
| Indicator (Sept. 2026) | Cooperatives | 12 months earlier |
|---|---|---|
| 90-day-plus delinquency | 2.50% | 2.20% |
| Impaired portfolio | 8.11% | 8.12% |
| Provisions to loans | 4.13% | 4.13% |
| ROAE | 11.65% | 13.22% |
| ROAA | 2.39% | 2.75% |
| Members | 1,985,079 | 1,956,340 |
Source: CMF, Banking and Cooperative System Performance Report, September 2026. Cooperatives' cumulative result through September was US$88 million, 3.08% lower in real terms than a year earlier, due to higher provisions, lower fees and higher support expenses. To compare with banks, see our ranking of Chile's largest banks.
Does your cooperative want to reach new members? Advertise on Pauta Financiera, the outlet for people who compare loans and savings.
See advertising optionsCoopeuch, Capual, Oriencoop and Ahorrocoop loans: what they cost
Four cooperatives report their consumer loans to Sernac's comparator. For CLP 3,000,000 over 36 installments with credit life insurance, Capual charges a total of CLP 4,147,236 (CAE 20.76%), Oriencoop CLP 4,262,364 (CAE 24.44%), Coopeuch CLP 4,411,548 (CAE 27.02%) and Ahorrocoop CLP 4,504,824 (CAE 28.64%). Cooperatives' fees are low (between CLP 1,000 and CLP 3,000), compared with tens of thousands of pesos at some banks and family allowance funds.
| Loan | Capual | Oriencoop | Coopeuch | Ahorrocoop | Cheapest in the market |
|---|---|---|---|---|---|
| CLP 3,000,000 · 24 inst. | CLP 3,747,864 (20.76%) | CLP 3,809,616 (24.08%) | CLP 3,924,048 (27.20%) | CLP 3,957,408 (28.15%) | Bice: CLP 3,572,400 |
| CLP 3,000,000 · 36 inst. | CLP 4,147,236 (20.76%) | CLP 4,262,364 (24.44%) | CLP 4,411,548 (27.02%) | CLP 4,504,824 (28.64%) | Bice: CLP 3,853,620 |
| CLP 3,000,000 · 48 inst. | CLP 4,577,904 (20.64%) | CLP 4,804,608 (25.37%) | CLP 4,960,752 (27.27%) | CLP 5,081,952 (28.77%) | Bice: CLP 4,155,024 |
| CLP 3,000,000 · 60 inst. | CLP 5,067,360 (20.64%) | CLP 5,328,480 (25.43%) | CLP 5,536,980 (27.36%) | CLP 5,706,480 (28.94%) | Bice: CLP 4,508,460 |
| CLP 5,000,000 · 48 inst. | CLP 7,628,832 (20.64%) | CLP 8,004,480 (25.35%) | CLP 8,367,024 (28.01%) | CLP 8,468,256 (28.75%) | Bice: CLP 6,893,328 |
| CLP 5,000,000 · 60 inst. | CLP 8,444,520 (20.64%) | CLP 8,877,240 (25.41%) | CLP 9,359,820 (28.10%) | CLP 9,508,860 (28.92%) | Bice: CLP 7,472,820 |
| CLP 7,000,000 · 36 inst. | CLP 9,675,072 (20.76%) | CLP 9,939,816 (24.40%) | CLP 10,291,680 (27.02%) | CLP 10,508,256 (28.62%) | Bice: CLP 8,912,988 |
| CLP 7,000,000 · 48 inst. | CLP 10,679,760 (20.64%) | CLP 11,204,400 (25.34%) | CLP 11,713,152 (28.01%) | CLP 11,854,512 (28.75%) | Bice: CLP 9,607,440 |
| CLP 7,000,000 · 60 inst. | CLP 11,821,620 (20.64%) | CLP 12,426,000 (25.40%) | CLP 13,102,980 (28.09%) | CLP 13,311,300 (28.92%) | Bice: CLP 10,405,560 |
Source: Sernac, Consumer Loan Comparator, data reported by each lender, updated November 8, 2026. Total cost of credit and, in brackets, the CAE; all with credit life insurance.
View the data as a table
| Capual | Oriencoop | Coopeuch | Ahorrocoop | Bice | |
|---|---|---|---|---|---|
| 24 inst. | $3,747,864 | $3,809,616 | $3,924,048 | $3,957,408 | $3,572,400 |
| 36 inst. | $4,147,236 | $4,262,364 | $4,411,548 | $4,504,824 | $3,853,620 |
| 48 inst. | $4,577,904 | $4,804,608 | $4,960,752 | $5,081,952 | $4,155,024 |
| 60 inst. | $5,067,360 | $5,328,480 | $5,536,980 | $5,706,480 | $4,508,460 |
Coopeuch also offers mortgages: in the CMF simulator, a UF 2,000 loan over 20 years at Coopeuch has a monthly payment of CLP 541,244 and a CAE of 5.07%, versus 4.62% at the cheapest lender in the simulator (CMF, Mortgage simulator, accessed November 7, 2026). Our 2026 mortgage comparison has the full table.
Coopeuch, Capual, Oriencoop and Ahorrocoop: a profile of each
Coopeuch began as the University of Chile staff cooperative and today is comparable in size to a mid-sized bank: CLP 3,060,272,000,000 in customer loans and a profit of CLP 57,407,000,000 in the first half of 2026. In Sernac's comparator it ranks 8 of 17 for CLP 3,000,000 over 36 installments. Capual (legal name: Cooperativa de Ahorro y Crédito Unión Aérea) has assets of CLP 117,901,000,000 and is the cheapest cooperative in the comparator at every term.
Oriencoop (Cooperativa de Ahorro y Crédito Oriente) is the second-largest supervised cooperative by assets (CLP 150,196,000,000) and the second-cheapest cooperative in the comparator, with fees of CLP 3,000 per loan. Ahorrocoop, with assets of CLP 107,193,000,000, reports a monthly rate of 1.98%, above Capual's (1.73%), and its 28.64% CAE over 36 installments puts it close to Caja Los Andes. Detacoop, Coonfia and Coocretal do not report loans to Sernac's comparator.
View the data as a table
| Assets (CLP million) | CAE | |
|---|---|---|
| Capual | 117,901 | 21% |
| Oriencoop | 150,196 | 24% |
| Coopeuch | 4,041,372 | 27% |
| Ahorrocoop | 107,193 | 29% |
How to choose a savings and credit cooperative
- Membership: to borrow you must become a member and buy participation shares, which are part of the cooperative's equity and are not a deposit.
- Supervision: the seven cooperatives in the table report to the CMF; the others report to the Economy Ministry, with different disclosure requirements.
- Total cost: compare the CAE and total cost, not just the payment; in the comparator, the gap between the cheapest and dearest cooperative over 36 installments is CLP 357,588.
- Alternatives: if you belong to a family allowance fund, also compare the funds' social loans.
Anyone who saves or holds participation shares in a cooperative should check its solvency, delinquency and results in the quarterly financial statements the CMF publishes, the same ones we used for the ranking. Cooperatives' total loans are under 2% of those of the banking and cooperative system combined, according to the same report.
Cooperatives or banks: how they compare
The CMF report lets cooperatives be compared with banks on the same indicators. Cooperatives grow faster (5.15% versus 0.93% real annual growth at banks), but earn less on equity (ROAE of 11.65% versus 15.07%) and have somewhat higher delinquency (2.50% versus 2.36%). The gap reflects their portfolio: two-thirds are consumer loans, the riskiest segment, while banks lend mostly to companies and for housing. For members, that translates into consumer rates that at some cooperatives compete with those of the cheapest banks.
| Indicator as of September 2026 | Cooperatives | Banks |
|---|---|---|
| Loans (US$ million) | 3,846 | 297,749 |
| Real 12-month growth | 5.15% | 0.93% |
| 90-day-plus delinquency | 2.50% | 2.36% |
| ROAE | 11.65% | 15.07% |
| ROAA | 2.39% | 1.34% |
| Cumulative result (US$ million) | 88 | 4,616 |
Source: CMF, Banking and Cooperative System Performance Report, September 2026 and CMF press release of October 29, 2026.
Frequently asked questions about savings and credit cooperatives
Which is Chile's largest savings and credit cooperative?
Coopeuch, with assets of CLP 4,041,372,000,000 as of June 2026, according to its financial statements published by the CMF.
Which cooperative charges least for a consumer loan?
In Sernac's comparator as of November 8, 2026, Capual reports the lowest total cost among cooperatives at every amount and term with insurance.
How many members do supervised cooperatives have?
1,985,079 as of September 2026, 28,739 more than a year earlier, according to the CMF.
Do cooperatives offer mortgages?
Yes, and it is the fastest-growing part of their portfolio: 16.26% in real terms over twelve months to September 2026.
Which cooperatives does the CMF supervise?
Seven as of June 2026: Coopeuch, Oriencoop, Capual, Detacoop, Ahorrocoop, Coonfia and Coocretal. Other savings and credit cooperatives are supervised by the Economy Ministry's Cooperatives Department.
This information is journalistic and educational, not financial advice. Check the conditions and the total cost (CAE) with the institution before signing up.
