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The Superintendencia del Sistema Financiero (SSF) announced the start of a new phase in the process of returning funds to depositors of the Cooperativa de Ahorro y Crédito Santa Victoria de R.L. (COSAVI de R.L.), as part of efforts to gradually restore the deposits of those affected following the institution’s receivership.
The agency reported that, effective july 2, 2026, a new phase of refunds will begin for depositors with total deposits of up to US$130,000. With this measure, the SSF continues to expand the scope of the process to benefit a greater number of savers.
Payments will be made at the Central Office, located on Gabriela Mistral Street, where customers may visit monday through friday from 8:30 a.m. to 5:00 p.m., and on saturdays from 8:00 a.m. to 12:00 noon.
The Superintendency explained that the funds used to make these refunds come from payments that continue to be received for loans that had already been granted by COSAVI prior to its intervention. These funds allow for the gradual reimbursement of money to depositors as new revenue is generated.
Likewise, the SSF reiterated its call for savers to pay attention only to the information disseminated through its official channels, where dates, requirements, and any updates related to the refund process are published.
With this new phase, the institution aims to continue responding to those affected and to move forward with the process of recovering depositors’ funds, maintaining a phased payment schedule as resources become available.
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