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Banca dell'Umbria 1462
Formerly	Cassa di Risparmio di Perugia; Cassa di Risparmio di Perugia S.p.A.;
Company type	Statutory corporation (until 1992); Subsidiary (1992–2005);
Industry	Financial services
Founded	1908; 1992 (as S.p.A.); 1999 (rename);
Defunct	2005
Fate	became branches of UniCredit
Successor	C.R. Perugia Foundation; branches of UniCredit;
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 was an Italian savings 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.

History

Predecessor

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 Fortunato Coppoli and Barnaba Manassei da Terni, such as Bernardine of Feltre and Michele Carcano in other cities. The mount was considered as the first mount in Italy.^[1] In 1972 the Monte was merged with Cassa di Risparmio di Perugia. (The savings bank of Perugia)^[2]

Cassa di Risparmio di Perugia

Cassa di Risparmio di Perugia was founded in 1908.^[3]

Cassa di Risparmio di Perugia S.p.A. / Banca dell'Umbria 1462 S.p.A.

In 1992, due to Legge Amato [it], 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.^[4]^[5] The bank was renamed to Banca dell'Umbria 1462 S.p.A. In 1999.^[3]

In 1999 the owner of Cassa di Risparmio di Perugia (Banca dell'Umbria): the banking foundation sold the majority interests to Rolo Banca,^[4] an associate company of UniCredit, for the shares of Rolo Banca. The foundation still held 25.22% shares of Banca dell'Umbria directly and a tiny interests through minority share holding of Rolo Banca for just 3%.^[6] In 2001, Mediocredito dell'Umbria, a subsidiary of Banca dell'Umbria, was absorbed into Banca dell'Umbria. In 2003 the banking foundation reduced the shares of Banca dell'Umbria it owned to 3.5% directly and a very tiny interests indirectly through its 0.88% shares of UniCredit.^[7]

In 2005 Banca dell'Umbria was absorbed into UniCredit.^[4]^[8]

Banking foundation

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.^[9]

The foundation was known for employed Carlo Colaiacovo as chairman for a wage of 1.7 billion lire, which was credited as one of the 20 uomini d'oro (literally "golden men") of Italian public companies in 1998.^[10]

In 2005, the foundation founded a museum for its art collection in an ancient building Palazzo Baldeschi.^[11] Notable collection of the foundation included Madonna col Bambino e paesaggio by Pinturicchio.^[12]

References

^ Toaff, Ariel (2004). "Jews, Franciscans, and the First Monti di Pietà in Italy (1462–1500)". In McMichael, Steven J.; Myers, Susan E. (eds.). Friars and Jews in the Middle Ages and Renaissance. Leiden: Koninklijke Brill. p. 239. Retrieved 23 November 2017 – via UWA ebook collection.
^ Benedetta economia by Luigino Bruni, Alessandra Smerilli 2008 (Google Books preview)
^ ^a ^b "La nostra storia" [Our story] (in Italian). Banca dell'Umbria 1462. Archived from the original on 23 December 2004. Retrieved 24 November 2017.
^ ^a ^b ^c "UniCredit: un nuovo passo avanti nell'integrazione della Banca dell'Umbria" (Press release) (in Italian). UniCredit. 27 January 2005. Archived from the original on 2 April 2015. Retrieved 23 March 2015.
^ "Approvazione del progetto di ristrutturazione presentato dalla Cassa di risparmio di Perugia". Gazzetta Ufficiale (in Italian). 1 June 1992. Retrieved 1 March 2016.
^ "Nota integrativa" (PDF). 2001 bilancio (in Italian). Fondazione Cassa di Risparmio di Perugia. 2002. Archived from the original (PDF) on 2 April 2015. Retrieved 31 March 2015.
^ "Nota integrativa" (PDF). 2003 bilancio (in Italian). Fondazione Cassa di Risparmio di Perugia. 2004. Archived from the original (PDF) on 5 February 2016. Retrieved 31 March 2015.
^ "Accordo fusione Banca dell'Umbria e C.R. Carpi in Unicredito" (in Italian). FISAC/CGIL. 30 June 2005. Archived from the original on 4 March 2016. Retrieved 31 March 2015.
^ "Sgarbi prof all'Università per Stranieri di Perugia ma è giallo sul contratto". Il Messaggero (in Italian). 1 November 2017. Retrieved 24 November 2017.
^ "Quasi tutti sono legati al mondo bancario: in testa alla classifica Natalino Irti e Victor Uckmar Manager pubblici, i nomi «d'oro» Venti nomi nella lista dei più ricchi: diciannove uomini e una sola donna". Il Tirreno (in Italian). 14 January 1998. Retrieved 24 November 2017.
^ "Gian Domenico Cerrini L' algido perugino oscurato da Bernini". La Repubblica (in Italian). 12 December 2005. Retrieved 24 November 2017.
^ "La Quadriennale non decolla sull'arte l'ombra della crisi". La Repubblica (in Italian). 4 August 2008. Retrieved 24 November 2017.