Volksbank in der Region eG

Volksbank in der Region eG is a regional cooperative bank within the German Cooperative Financial Group that serves private clients, the self-employed, businesses, and associations through a mix of branches, self-service terminals, and digital channels. It offers multiple current account models, including a statutory basic payment account, youth and student options, and business accounts, with monthly account-keeping fees and transaction allowances varying by tariff as set out in the published price list; additional charges may apply for items such as paper statements, third-party ATM withdrawals, and cash services. Card options typically include a girocard and Mastercard/Visa debit or credit cards with contactless capability and strong customer authentication, with mobile wallet support depending on the card product and configuration; cash withdrawals are generally free at cooperative ATMs in the BankCard ServiceNetz, while usage outside the network and abroad can incur fees and currency conversion charges. Standard payment services include SEPA transfers, direct debits, and standing orders; availability and pricing of instant payments depend on the chosen account model. Savings products cover call money and term deposits, while investment and securities services are provided via cooperative group partners (for example, Union Investment and DZ BANK brokerage solutions), with custody and trading fees applying by schedule. Lending spans overdrafts, consumer loans, and real estate financing (including programs that can integrate public promotional loans such as KfW), as well as working capital and investment financing for businesses; leasing, factoring, and merchant acquiring are available through group entities (e.g., VR Payment). Online and mobile banking are provided via web banking and the VR Banking app, using app-based TAN and chipTAN procedures in line with PSD2; account opening and identification are typically possible in branch or via VideoIdent/PostIdent. Customers can apply for cooperative membership by subscribing for shares; the number of shares, eligibility for a dividend, and exit terms are defined in the statutes and depend on the bank’s results, and membership is not a prerequisite for holding an account. The bank is supervised by BaFin and the Deutsche Bundesbank and participates in the BVR Institutssicherung (institutional protection scheme recognized as a deposit guarantee up to 100,000 euros per depositor) as well as the additional protection scheme of the cooperative group. Product availability, pricing, and branch hours vary by location and are governed by the bank’s official disclosures and price and service listing.