The bank was based in Saluzzo, in the Province of Cuneo, Piedmont.
[1] However its successor, UniCredit sold their possession on Saluzzo (31.019%), Bra (31.021%), Fossano (23.077%) and Savigliano (31.006%) to Banca Popolare dell'Emilia Romagna for about €149 million in 2006.
[3][4] In 2016 a plan to purchase the controlling stake from the foundation was announced.
It was part of a reform in banking foundation, forcing them to diversify investments.
[5][6] In December BPER purchased an additional 20% of the bank to completely privatized CR Saluzzo.