JAK Members Bank
JAK Members Bank is a Swedish member-owned cooperative bank that operates on an interest-free banking model. The organization focuses on promoting a sustainable economy by facilitating interest-free loans among its members.
Brand Identity Data
HQ Country
Sweden
HQ City
Skövde
Founded
1965
EU Headquartered
Yes
EU Manufactured
No
Ownership Type
cooperative
Stock Exchange
Private
Tax Domicile
SE
Ultimate Parent
JAK Medlemsbank
Data Hosting
SE
CLOUD Act Exposure
No ✓
AI Trains on User Data
false
GDPR Status
compliant
B Corp Certified
No
Repair / Recycling
No
Ethical Certifications
Global Alliance for Banking on Values
Verified on October 15, 2026
Corporate Lineage
1965
JAK association founded
The Jord, Arbete, Kapital (JAK) association was founded in Sweden to promote interest-free lending.
1997
Banking license granted
The Swedish Financial Supervisory Authority granted JAK a full banking license.