The Italian Banche di Credito Cooperativo (BCC) are a grassroots banking network established throughout Italy. With 370 co-operative mutual banks and about 4,500 branches (over 14% of the industry), they are closely interwoven in the social fabric and involve a considerable amount of human resources (1.200,000 members, 4,000 directors, freely elected by the members; 37,000 employees). From the economic point of view, the BCC have been showing steady growth in: total deposits, now amounting to over 162 billion Euro; loans of up to 150 billion Euro. Federcasse BCC, as the national association, provides overall strategy and policy guidelines, as well as planning and co-ordinating the development of the whole system; trade union representation; managing external relations and coordinating communications. Federcasse is a member of the Confederazione delle Cooperative Italiane (Confcooperative), member of International Cooperative Alliance.