Asociacion Cibao de Ahorros y Prestamos

Founded in 1962 in Santiago de los Caballeros, Asociacion Cibao de Ahorros y Prestamos (ACAP) is one of the leading mutual savings and loan institutions in the Dominican Republic. Its original mission was to promote personal savings to finance the acquisition of family housing. As a mutualist entity, it is owned by its depositors and borrowers rather than shareholders. Over the decades, ACAP has expanded its services to become a comprehensive financial institution offering personal and business banking solutions, including various savings accounts, mortgage and consumer loans, credit cards, insurance, and digital banking services, while maintaining its focus on community well-being and financial inclusion.