For those not aware, banks/coops offer a maximum guaranteed insurable amount of $32,000.
Depending on financial institution, they may not even offer that much.
To find out what segment your Bank/Cooperativa is, you can use this link:
https://www.cosede.gob.ec/conoce-tu-monto-de-cobertura/
Another factor is risk rating, which is done about every 6 months or so. This report is published, along with a key to explain what the ratings mean.
The most recent report is June 2023, and that is available here:
https://estadisticas.seps.gob.ec/wp-con … _jun23.pdf
The formal names of institutions are used, these are some common ones:
23 de Julio: COOPERATIVA DE AHORRO Y CRÉDITO 23 DE JULIO
JEP: COOPERATIVA DE AHORRO Y CRÉDITO JUVENTUD ECUATORIANA PROGRESISTA
CREA: COOPERATIVA DE AHORRO Y CRÉDITO CREA
Cooperco: COOPERATIVA DE AHORRO Y CRÉDITO ERCO
If you need help with translation, opening these sites with MS Edge (should) give you access to page translation.