levoBank eG

levoBank eG is a German cooperative bank (eingetragene Genossenschaft) within the Volksbanken Raiffeisenbanken network, operating on a member-owned model where customers can acquire cooperative shares and exercise voting rights; any dividend on shares is discretionary and depends on annual results. The bank focuses on retail and small to mid-sized business clients with core products that include current accounts, savings and term deposits, consumer and mortgage lending, business financing, payment cards, and cash services. Securities and insurance are offered via cooperative-sector partners such as DZ BANK, Union Investment, Bausparkasse Schwäbisch Hall, and R+V Versicherung. Digital access is provided through online banking and the group’s VR Banking App, with PSD2-compliant strong customer authentication using TAN procedures (e.g., SecureGo plus app or chip-TAN). Card-based mobile payments (e.g., Apple Pay and Google Pay) are supported for eligible cards, and SEPA instant credit transfers may be available depending on the account model. Cash withdrawals are enabled via the nationwide cooperative ATM alliance (BankCard ServiceNetz). Deposits are protected under the cooperative sector’s statutory deposit guarantee (BVR Institutssicherung) up to 100,000 euros per depositor, complemented by the broader institutional protection scheme of the cooperative group. Pricing is model-based and set out in the bank’s Preis- und Leistungsverzeichnis, with typical charges for account maintenance, cards, and certain transactions; interest rates and conditions are subject to change. Account opening can be completed in-branch or digitally using standard identification (e.g., VideoIdent/PostIdent), and service is primarily oriented to the bank’s regional market.