When Caja Castilla-La Mancha (CCM) was created in 1992 through the merger of the savings banks of Albacete, Cuenca, Ciudad Real and Toledo, the Caja de Guadalajara refused to join,[6] leaving only two savings banks based in this autonomous community and under the protectorate of the Junta of Communities of Castilla–La Mancha.
[10] According to the auditor PriceWaterhouseCoopers, at the time of the takeover, Caja de Guadalajara was not economically viable, as it would have been in losses.
[11] The final agreement, which took the form of the absorption of the Castilian-La Mancha savings bank by the Andalusian one, was approved by the boards of directors of both entities in January 2010.
[12] After the mandatory authorization by the Andalusian and Castilian-La Mancha regional administrations and the Bank of Spain, the absorption culminated on October 5, 2010, with the creation of the governing bodies of the new entity.
Due to the small percentage of CaixaBank's capital that they held, the savings banks that created the IPS Banca Cívica had to become special foundations.
[21] In December 2012, the integration of both the technological platform and the operations of Caja de Guadalajara into CaixaBank was completed.