Föreningsbanken

Föreningsbanken was a Swedish bank that existed from 1915 to 1997. It was founded as a cooperative bank with the aim of serving rural communities and providing financial services to farmers and local businesses. Over the decades, Föreningsbanken grew significantly, expanding its operations and customer base throughout Sweden. It played a notable role in the Swedish banking sector, known for its cooperative structure and regional presence.

In the late 1990s, a significant consolidation occurred in the Swedish financial industry. Föreningsbanken merged with Sparbanken in 1997 to form FöreningsSparbanken. This merger created one of the largest banking groups in Sweden at the time, combining the strengths of both institutions. The new entity, FöreningsSparbanken, continued to operate under this name for several years. Eventually, FöreningsSparbanken rebranded and became Swedbank, which is one of Sweden's major banks today. Therefore, while Föreningsbanken no longer exists as an independent entity, its legacy is preserved within Swedbank.