Monte di Pietà di Perugia

Banca dell'Umbria 1462

Formerly called	Cassa di Risparmio di Perugia
Former type	Statutory corporation (until 1992) Subsidiary (since 1992) Società per azioni (since 1992)
Industry	Financial services
Fate	became branches of UniCredit
Successor	C.R. Perugia Foundation branches of UniCredit
Founded	1908 1992 (as S.p.A.) 1999 (rename)
Defunct	2005
Headquarters	Perugia, Umbria, Italy
Services	Retail banking corporate banking
Owner	C.R. Perugia Foundation (1992–1999) Rolo Banca (1999–2002) UniCredit (2002–2005)
Parent	UniCredit (1999–2005)
Website	www.bancaumbria.it

Banca dell'Umbria 1462 S.p.A. or previously known as Cassa di Risparmio di Perugia S.p.A. was an Italian bank. The bank became a subsidiary of UniCredit in 1999 and ceased to exist in 2005. However, its former owner Fondazione Cassa di Risparmio di Perugia, still operated as a charity organization. The foundation and the S.p.A. were split in 1992 from the original statutory corporation of the bank due to Legge Amato.

The history of the bank could traced back to 1462, which mount of piety of Perugia (Italian: Monte di Pietà di Perugia) was founded by Franciscans such as Bernardine of Feltre and Michele Carcano. The mount was considered as the first mount in Italy. In 1972 the Monte was merged with Cassa di Risparmio di Perugia. (The savings bank of Perugia)

Cassa di Risparmio di Perugia was founded in 1908.

In 1992, due to Legge Amato (), the bank non-profit making ownership as well as charity work were separated from daily banking operation, thus the formation of Cassa di Risparmio di Perugia S.p.A. and a banking foundation Fondazione Cassa di Risparmio di Perugia. The bank was renamed to Banca dell'Umbria 1462 S.p.A. In 1999.

In 1999 the owner of the bank, the banking foundation sold majority interests to Rolo Banca (UniCredit had controlling interests on Rolo Banca) for the shares of Rolo Banca. The foundation still held 25.22% shares of the bank directly and a tiny interests through minority share holding of Rolo Banca for just 3%. In 2001 Mediocredito dell'Umbria, a subsidiary, was absorbed into Banca dell'Umbria. In 2003 the foundation reduced the shares it held to 3.5% directly and a very tiny interests indirectly through its 0.88% shares of UniCredit.

In 2005 the bank was absorbed into UniCredit.

A successor of the bank, Fondazione Cassa di Risparmio di Perugia, is a local charity organization of Perugia area. The foundation funded the University for Foreigners Perugia to employ of Vittorio Sgarbi in 2017. However, the labour contract was voided soon later.

...
Wikipedia