Notice revoking authorization for Credinor Union de Credito, S.A. de C.V. to continue operating as a credit union

DOF: 25/03/2026

OFFICE LETTER revoking the authorization granted to Credinor Union de Credito, S

At the margin, a seal with the National Coat of Arms, which reads: United Mexican States.- Treasury.- Ministry of

Treasury and Public Credit.- National Banking and Securities Commission.- Legal Vice Presidency.- General

Litigation Directorate.- File: CNBV.2C.5 Revocation 212(), " 15/Apr/2025 - 15/Apr/2025 " , REV/307/EF/ 01.- Office: P083/2026.

SUBJECT: REVOCATION OF AUTHORIZATION TO CONTINUE OPERATING AS A

CREDIT UNION.

CREDINOR UNION DE CREDITO, S.A. DE C.V.

Boulevard Francisco I. Madero 412, corner with

Tegucigalpa, Guadalupe Neighborhood, Postal Code 25750,

Monclova, Coahuila.

[ ... ]

This National Banking and Securities Commission, based on the provisions of articles 97

paragraphs II and XIV and 99 of the Credit Unions Law (hereinafter LUC), 2 first paragraph; 4, paragraphs I,

XI and XXXVIII, 5, 12 paragraphs V and XV and 16, paragraphs VI and XVII of the National Banking and Securities

Commission Law (hereinafter LCNBV), in its capacity as a Decentralized Body of the Ministry of Treasury

and

Public Credit, has the objective of supervising and regulating, within its competence, the entities

that are part of the Mexican financial system, in order to ensure their stability and proper functioning, as well

as to maintain and foster the sound and balanced development of said system as a whole, in protection of

the interests of the public, authorize the establishment and operation of those entities that the laws indicate, and,

if applicable, agree to the revocation of said authorizations.

In order to comply with said legal provisions, this resolution of

revocation of the authorization to continue operating as a Credit Union is issued, which at the time was

granted to the company known as CREDINOR UNION DE CREDITO, S.A. DE C.V. , (hereinafter Credinor,

Union de Credito, Entity or Company, interchangeably), in accordance with the following:

BACKGROUND

[ ... ]

CONSIDERATIONS

FIRST. COMPETENCE. Based on the provisions of articles 97 first paragraph,

paragraphs II and XIV of the Credit Unions Law, 2, 4, paragraphs I, XI, and XXXVIII, 12 paragraphs V and XV, 16,

paragraphs VI and XVII, of the LCNBV, in accordance with the referenced regulations, the National Banking

and Securities Commission, as a Decentralized Body of the Ministry of Treasury and Public Credit, is

authorized to authorize the establishment and operation of credit unions and, if applicable, to

agree to the revocation of said authorizations.

[ ... ]

Thus, from the complete interpretation of the above, it can be estimated that, in the present procedure, the

grounds for revocation contained in article 97 paragraphs II and XIV of the LUC, are duly

established, so it is appropriate to REVOKE the authorization of CREDINOR UNION DE CREDITO,

S.A. DE C.V., to operate as a Credit Union.

[ ... ]

RESOLVES

FIRST. This Decentralized Body, based on the provisions of article 97 paragraphs II and

XIV as well as 99 and 100 of the aforementioned Credit Unions Law and 12, paragraph V and XV, of the Law of the

National Banking and Securities Commission and in accordance with the AGREEMENT THIRD adopted by the Board of Directors of the

Commission in its ordinary session held on February 27, 2026 , and to the

considerations that were exposed in this resolution, REVOKES CREDINOR UNION DE

CREDITO, S.A. DE C.V. , the authorization for the organization and functioning to operate as a Union

of

Credit.

SECOND. From the date of notification of this resolution, CREDINOR UNION DE

CREDITO, S.A. DE C.V. , is unable to carry out operations and will enter a state of

dissolution and liquidation, in accordance with what is provided in the last paragraph of article 99 of the Law of

Credit Unions.

THIRD.

[ ... ]

FOURTH.

[ ... ]

FIFTH.

[ ... ]

Thus it was provided by the President of the National Banking and Securities Commission, based on the

established in articles 16, paragraphs VI and XVII, of the Law of the National Banking and Securities Commission

and signed, in substitution for his absence, the Legal Vice President of this Commission, in accordance

with what is provided in articles 3, paragraph III, second paragraph, 4, paragraph I, section A, paragraph II, section A,

subparagraph 7), 9, 14 and 60 of the Internal Regulations of the National Banking and Securities Commission.

Respectfully,

Mexico City, March 11, 2026.- Legal Vice President of the National Banking and Securities

Commission, Lic. Ángel Salvador Vargas Mitre .- Rubric.

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