Volksbank-Raiffeisenbank Glauchau eG

Volksbank-Raiffeisenbank Glauchau eG is a regional cooperative bank based in Glauchau (Saxony) and part of the German Cooperative Financial Network. It offers retail and small-business banking with giro accounts on package-based pricing, savings and term deposits, consumer and mortgage financing, overdrafts, business accounts, and payment services. Card products typically include a girocard and, depending on the tariff, debit and credit cards issued via cooperative group partners, with cash access through the nationwide Volksbanken Raiffeisenbanken ATM network; charges generally apply at non-network and foreign ATMs. Digital banking is provided via online banking and the VR Banking app with two-factor authentication options such as SecureGo plus or chipTAN; availability of mobile wallet use depends on the specific card product. Investments, securities services, building-society savings, insurance, leasing, and real estate financing are usually distributed through group companies including Union Investment, DZ BANK/VR Broker, Bausparkasse Schwäbisch Hall, R+V Versicherung, VR Smart Finanz, and DZ HYP, subject to the bank’s current offering and conditions. As an eG, customers can become members by subscribing cooperative shares and may receive a dividend if approved by the general assembly, with associated rights and obligations. Deposits are covered by the statutory guarantee up to 100,000 euros per depositor via BVR Institutssicherung GmbH, and the bank participates in the BVR institutional protection scheme. Account opening and lending follow standard KYC and credit checks, with a focus on the local service area. Pricing, interest rates, card options, and branch services are set locally and can change; the binding sources are the published price list and product terms.