Volksbank Allgäu-Oberschwaben eG

Volksbank Allgäu-Oberschwaben eG is a German cooperative bank operating across the Allgäu and Upper Swabia regions, part of the Volksbanken Raiffeisenbanken network and supervised by BaFin and the Deutsche Bundesbank. Its portfolio covers retail and small-business banking, including current accounts with tiered pricing, savings and term deposits, overdrafts and consumer loans, mortgage and construction financing, business accounts and lending, and payment services with girocard debit and optional credit cards. Online banking is available via web and the VR Banking app, with two-factor authentication through a security app or TAN device; SEPA transfers and international payments via SWIFT are supported. Securities custody and brokerage, investment funds, building society savings, and insurance are provided directly or through cooperative group partners such as Union Investment, Bausparkasse Schwäbisch Hall, R+V Versicherung, and VR Payment for merchant acquiring. Cash access is offered at branches and through the BankCard ServiceNetz of cooperative banks in Germany; fees may apply outside the network. As a registered cooperative (eG), customers may become members by purchasing shares; voting follows the one-member-one-vote principle and any dividend depends on annual results and a members’ meeting resolution. Deposits are protected by the statutory BVR Institutssicherung GmbH up to 100,000 euros per depositor in line with EU rules, with additional institutional protection via the BVR scheme. Account opening and lending are subject to identity verification and credit checks; pricing, rates, and availability vary by product and can change.