Bank Spółdzielczy w Reszlu

Bank Spółdzielczy w Reszlu is a Polish cooperative bank headquartered in Reszel (Warmian-Masurian Voivodeship), operating under the Banking Law and Cooperative Law, supervised by the Polish Financial Supervision Authority (KNF), with deposits guaranteed by the Bank Guarantee Fund (BFG) up to the equivalent of EUR 100,000 per depositor. The bank serves residents, farmers, and local micro and small enterprises, offering PLN current and savings accounts, term deposits, domestic payment services (including Elixir transfers, standing orders, and direct debits), debit cards, cash handling, and lending such as consumer cash loans, housing/construction loans, and business working-capital and investment loans subject to credit assessment and collateral requirements. It provides internet banking for individuals and companies and supports card payments with Strong Customer Authentication and 3-D Secure in line with PSD2; transfer cut-off times, daily limits, and authentication methods are defined in channel regulations. Fees and interest terms are set in the bank’s tariff and interest tables and vary by product and channel; out-of-network ATM withdrawals, foreign transactions, and selected service requests can incur additional charges, and interest earned on deposits is subject to Polish withholding tax. Account opening and most credit processes are handled in-branch for the local service area, with selected instructions available remotely, and the bank applies customer due diligence under AML/CTF rules. As a cooperative, clients may become members by acquiring cooperative shares; governance is exercised via the general meeting and elected supervisory and management boards, and profits are allocated according to the statute, including to reserve funds. The offer is focused on everyday banking and local credit needs; multi-currency services, capital market products, and advanced treasury solutions are limited compared with large commercial banks, so customers with such requirements often use external providers. Loan pricing is typically variable with reference to market rates specified in the agreement, and total cost of credit and interest-rate risk are detailed in product documentation.