The members were the savings banks (Italian: casse di risparmio or singular cassa di risparmio) of Italy, or the foundation that originate from the reform trigger by Legge Amato.
Moreover, two more savings banks, Cariparma and Biverbanca were not members of ACRI.
ACRI members (the foundations) also owned 18.4% stake collectively in Cassa Depositi e Prestiti.
In 2015 85 out of 86 member foundations of ACRI (except Fondazione Cassa di Risparmio di Fossano) had signed a memorandum of understanding with Ministry of Economy and Finance for the new regulation on the assets of the foundations.
In 2016 the foundations were invited to invest back to banking sector by joining the private equity fund Atlante that aiming to recapitalize the weak bank and purchase the securitizated non-performing loan.