Caixa Econmica Federal, also referred to as Caixa or CEF, is a Brazilian bank headquartered in the nation's capital, Braslia. It is the largest 100% government-owned financial institution in Latin America.
The club was founded on 2 January 1921, by sportsmen from the Italian colony of Belo Horizonte as Societ Sportiva Palestra Itlia. As a result of the Second World War, the Brazilian federal government banned the use of any symbols referring to the Axis powers in 1942.