Vereinigte Volksbank eG

Vereinigte Volksbank eG is a German cooperative bank (eingetragene Genossenschaft) within the Volksbanken Raiffeisenbanken network, operating a regional branch and ATM footprint while offering standard retail and SME banking. Core services include current accounts with tiered pricing, girocard debit and optional Mastercard/Visa debit or credit cards (including contactless and support for Apple Pay/Google Pay where eligible), overdrafts, consumer loans, mortgages, savings and term deposits, and investment and securities brokerage delivered through the cooperative group (e.g., Union Investment/DZ BANK) under MiFID II rules; insurance products are distributed via R+V Versicherung and building-society savings and financing via Bausparkasse Schwäbisch Hall. Business customers have access to commercial accounts, POS and e-commerce acquiring through VR Payment, SEPA credit transfers/direct debits, standing orders, EBICS connectivity, and financing for working capital and investment, including access to promotional programs such as KfW via the cooperative network. Digital banking is provided via online banking and the VR Banking App with strong customer authentication using TAN procedures (e.g., VR SecureGo plus app and chipTAN/Sm@rt-TAN); payment services follow PSD2 standards and support IBAN-only SEPA payments, with SEPA Instant Credit Transfer availability depending on the chosen package. Cash services are available through the cooperative BankCard ServiceNet ATM network; withdrawals outside partner networks and paper-based transactions typically incur fees. Pricing is disclosed in the Preis- und Leistungsverzeichnis and the standardized Entgeltinformation; account packages commonly carry monthly base fees with surcharges for optional cards, external ATM use, and branch-initiated orders, and lending rates depend on creditworthiness and collateral. The bank is supervised by BaFin and the Deutsche Bundesbank; deposits are covered up to 100,000 euros per depositor under the statutory BVR Institutssicherung GmbH scheme, and the additional cooperative institutional protection (BVR Sicherungseinrichtung) is designed to stabilize member institutions. As a cooperative, customers can acquire shares and exercise voting rights at the general meeting; governance follows the two-tier system with a management board and supervisory board, and audited financial statements are published annually. The franchise focuses on households, self-employed professionals, associations, and SMEs in its business territory, with lending concentrated on the regional economy and real estate financing; product availability, features, and fees are determined by the bank’s local tariff models and are subject to change.