Raiffeisenbank Westallgäu eG

Raiffeisenbank Westallgäu eG is a regional cooperative bank serving the Westallgäu area in Germany. It operates under the member-owned Genossenschaft model and is part of the Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken, with DZ BANK as central institution and group partners such as Union Investment (funds), R+V (insurance), Bausparkasse Schwäbisch Hall (building savings), TeamBank/easyCredit (consumer credit), and VR Payment (merchant services). The bank offers current accounts, savings and term deposits, consumer loans, mortgages and building finance, securities brokerage and custody, investment products, insurance mediation, and payment services for private and business customers, including agriculture and local SMEs. Access is via local branches and self-service terminals, online banking, and the VR BankingApp; two-factor authentication is supported through the group’s security procedures (e.g., SecureGo plus or chipTAN). Card options typically include a girocard debit and optional Mastercard or Visa products; cash withdrawals are available across the cooperative BankCard ServiceNetz. Pricing generally follows account packages with monthly maintenance fees, item-based charges for certain transactions, and separate card or cash services fees; youth and student tariffs are commonly offered. Business accounts use tiered or transaction-based pricing. Deposits are covered by the BVR Institutssicherung (statutory protection up to 100,000 EUR per depositor) and the cooperative group’s additional institutional protection scheme. The bank is authorized and supervised by BaFin and the Deutsche Bundesbank. Conditions, eligibility, and interest rates depend on product type, membership status, and creditworthiness, and are published in the bank’s price and service schedule.