Spar- und Kreditbank des Bundes Freier evangelischer Gemeinden eG

Spar- und Kreditbank des Bundes Freier evangelischer Gemeinden eG is a German cooperative bank linked to the Bund Freier evangelischer Gemeinden and operates within the Genossenschaftliche FinanzGruppe. Its business model focuses on banking services for church congregations, charitable organizations, and individuals connected to that milieu, supplemented by standard retail offerings. Typical products include current accounts, savings and term deposits, payment services under SEPA, and financing solutions such as consumer and property loans; services for institutions cover account management, liquidity and payments, and project or construction financing for church-related purposes. As a cooperative (eG), customers can become members and hold cooperative shares with associated voting rights; dividend policies and conditions are set by the bank and may vary over time. The bank is supervised by BaFin and the Deutsche Bundesbank and participates in the cooperative sector’s protection schemes: the statutory deposit guarantee covers up to EUR 100,000 per depositor via BVR Institutssicherung, and the BVR’s institutional protection scheme is designed to prevent bank insolvency, though it is not a separate depositor guarantee. Access is primarily via online and remote channels, with a limited physical footprint compared with large universal banks; card and cash services are provided through the cooperative network where available. Pricing, interest rates, and eligibility criteria are defined in the bank’s schedule of prices and services and depend on the chosen products and customer profile.