Cassa di Risparmio di Vignola
Cassa di Risparmio di Vignola was an Italian saving bank based in Vignola, in the Province of Modena, Emilia–Romagna region. It was absorbed by Banca Popolare dell'Emilia Romagna in 2010.History
Cassa di Risparmio di Vignola was founded on 4 August 1872. Soon after it merged with Cassa di Risparmio di Spilamberto. Due to Legge Amato, the bank was split into Banca CRV – Cassa di Risparmio di Vignola S.p.A. and Fondazione Cassa di Risparmio di Vignola on 20 December 1991.
The foundation sold the majority interests in the company, to Banca Popolare dell'Emilia Romagna in late 1990s. In 2000, BPER owned 76.087% shares. The remain 23.913% shares was sold by the foundation to BPER in 2005, for about €33 million.
On 29 November 2010 the bank was absorbed into the parent company.Banking foundation
The former owner of the bank, Fondazione di Vignola, still runs as a charity organization.
