Volksbank Lauterbach-Schlitz e.G.

Volksbank Lauterbach-Schlitz eG is a regional cooperative bank serving private and business customers in and around Lauterbach and Schlitz in Hesse. As a members’ cooperative, ownership is held by customers who acquire cooperative shares; each member has one vote, and any dividend on shares depends on annual results and a general meeting resolution. The bank offers standard retail services such as current accounts, savings and term deposits, consumer loans, mortgages, and securities brokerage, and it connects clients to products from the cooperative financial network, including investment funds (via group partners), insurance (R+V), building society savings and loans, and leasing or factoring solutions. Corporate clients typically find payment accounts, cash management, POS acquiring through VR Payment, working capital and investment financing, and real estate financing arranged with specialized group institutions. Access is provided through local branches, ATMs within the nationwide BankCard ServiceNetz of the cooperative banks, online banking, and a mobile app with strong customer authentication under PSD2; TAN procedures are app- or device-based, and SEPA transfers, standing orders, and direct debits are standard. Card offerings generally include a girocard and optional Visa or Mastercard credit cards with contactless functions; support for common mobile wallets is available where enabled by the cooperative network. Pricing follows the published schedule of prices and services, with account management fees and card or transaction charges varying by account model; rates and fees are subject to change. Deposits are protected up to 100,000 euros per depositor under the German statutory scheme, and the bank belongs to the institutional protection system of the National Association of German Cooperative Banks (BVR), which includes BVR Institutssicherung and the voluntary BVR Sicherungseinrichtung. The institution is supervised by BaFin and the Deutsche Bundesbank and participates in the cooperative sector’s consumer dispute resolution (BVR ombudsman). Investment products carry market risk, and returns are not guaranteed.