Articles

The CREA cooperative collapse rattled confidence in Ecuador's savings institutions. But regulators say most large cooperatives entered 2026 with healthy balance sheets. Here's how to verify your cooperative is solid and protect your deposits.

Seven months after the CREA cooperative shut down, 281 members — including retirees and migrant workers — still can't recover their deposits. The government says 99% of people got paid. The remaining 1% says that's not good enough when $31 million is still missing.