banco credicoop has its origin in the credit unions. in 1976 the argentinean military government tried to eliminate credit unions, an area of ​​the cooperative sector. this prompted a defensive action that led to the merger of credit cooperatives in order to survive, giving rise to banco credicoop in 1979, from the merger of the 44 credit unions that existed in the capital and in greater buenos aires. aires, some of which had been created in the early 20th century.