The bank was based in Bra, in the Province of Cuneo, Piedmont.

Due to Legge Amato, the bank was split into a società per azioni and a non-profit banking foundation on 20 December 1991 (gazetted on 18 January 1992).

[6] However its successor, UniCredit sold their possession on Bra (31.021%), Fossano (23.077%), Saluzzo (31.019%) and Savigliano (31.006%) to Banca Popolare dell'Emilia Romagna for about €149 million in 2006.

(which BPER paid €32.827 million for CR Bra's shares)[7] In February 2013, BPER acquired an additional 35.98% shares from the foundation for around €23.9 million.

This Italian bank or insurance-related article is a stub.