1909 - BANCA POP. COOP. AGRICOLA IND. DI NARO - AZIONI

The Banca Popolare Cooperativa Agricola e Industriale di Naro was established on March 5, 1888, as a cooperative joint-stock company. Its formation was executed via a public deed drafted by notary Giuseppe De Francisci of Naro. The bank’s primary objective was to support the local agricultural and industrial sectors, providing financial services to small business owners, artisans, and farmers in the region.

With a defined lifespan of 99 years, the bank played a pivotal role in fostering economic development in Naro and its surrounding areas. It is a typical example of cooperative popular banks that flourished in Italy during the 19th century, addressing the financial needs of small communities and rural territories.

Certificate Description

• Design: The certificate features a richly ornate green decorative border, with stylized details and the nominal value prominently displayed on both sides.
• Value: Each share has a nominal value of 25 Lire.
• Details: Registered to Mr. Castellana Diego, residing in Naro, for 4 shares, recorded in the Shareholder’s Register at the specified numbers.
• Signatures: Signed by the President, Director, and Cashier, guaranteeing the document’s authenticity.

Historical and Collectible Significance

1. Local Importance: This certificate is a testament to the economic history of Naro and the role played by cooperative banks in supporting rural communities.
2. Elaborate Design: The elegant border and formal script make it a notable piece for financial certificate collectors.
3. Rarity: Due to the bank's local nature, certificates from this institution are relatively rare, increasing their value for collectors.