Scharnhauser Bank eG

Scharnhauser Bank eG is a German cooperative bank (eingetragene Genossenschaft) based in the Ostfildern area of Baden‑Württemberg and operates as part of the Volksbanken Raiffeisenbanken network. It focuses on retail and small business banking, offering current accounts with SEPA payments, cards, cash services, savings and term deposits, consumer and overdraft facilities, and mortgage or property financing. Investment and insurance products are typically provided through cooperative network partners such as Union Investment, R+V Versicherung, and Bausparkasse Schwäbisch Hall, while merchant services and card acquiring are available via VR Payment for business clients. Digital access includes online banking and a mobile app with PSD2‑compliant strong customer authentication using app‑based or chip‑TAN procedures; corporate users can employ standard interfaces such as EBICS. Cash withdrawals are available at ATMs in the Volksbanken Raiffeisenbanken network; use of third‑party machines may incur fees. Pricing follows account packages with monthly management fees and transaction‑based charges; card issuance and annual fees vary by product, and lending terms depend on creditworthiness and collateral. As a cooperative, membership is possible through the purchase of shares, with voting rights generally following the one‑member‑one‑vote principle and potential dividend participation subject to the bank’s policy. The institution is supervised by BaFin and the Deutsche Bundesbank. Deposits are protected by the BVR Institutssicherung (a recognized deposit guarantee scheme) up to the statutory limit per depositor, and the sector’s additional voluntary protection scheme (BVR Sicherungseinrichtung) may provide further institutional support. The bank’s branch footprint is local, which can limit in‑person access outside its region, and some specialized products are delivered via partner entities, so terms and service levels can differ by provider.