Raiffeisenbank Waldzell eGen

Raiffeisenbank Waldzell eGen is a local cooperative bank based in Waldzell, Upper Austria, operating within the Raiffeisen Banking Group and the network coordinated by Raiffeisenlandesbank Oberösterreich. As a registered cooperative (eGen), it is owned by member-shareholders and focuses on retail, small business, and agricultural clients in its catchment area. The bank provides current and savings accounts, term deposits, payment services, debit and credit cards, and lending products such as overdrafts, consumer loans, and home financing; business customers typically find working capital, investment loans, and cash management services. Securities and investment funds are distributed via Raiffeisen group entities (e.g., Raiffeisen Kapitalanlage-Gesellschaft), and insurance is brokered through affiliated providers in the Raiffeisen network. Access is through an on-site branch and Austria’s Bankomat ATM network, with online and mobile banking delivered via the group’s “Mein ELBA” platform, supporting SEPA payments, e-documents, and two-factor authentication in line with PSD2. Fees and conditions are set locally and vary by account package, transaction channel, and card network; paper-based services and cross-border or foreign-currency transactions generally attract higher charges than domestic electronic payments. The institution is supervised by the Austrian Financial Market Authority and the Oesterreichische Nationalbank, and participates in the Raiffeisen institutional protection scheme (Österreichische Raiffeisen-Sicherungseinrichtung eGen), which also fulfills statutory deposit guarantee obligations for participating Raiffeisen banks; eligible deposits are protected up to EUR 100,000 per depositor under EU rules, with limited higher coverage for specific temporary balances. The bank uses the Austrian IBAN system (AT) and operates under standard Austrian AML/KYC requirements; for capital markets or specialized products, it typically intermediates through larger Raiffeisen group companies rather than providing these services in-house.