Volksbank Raiffeisenbank eG

Volksbank Raiffeisenbank eG is a German cooperative bank (eingetragene Genossenschaft) operating as an independent institution within the Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken. It provides retail and SME banking including current accounts with tiered pricing models, youth/student and business accounts, debit cards (girocard and, depending on the offering, Visa Debit or Debit Mastercard), and credit cards issued via group partners, with cash access through the cooperative ATM network. Digital services include online banking and the VR Banking app with strong customer authentication and support for common mobile wallets where available; payments cover SEPA transfers and international SWIFT transfers subject to published fees. The product set typically includes savings and term deposits, securities custody and brokerage with access to funds from Union Investment and other partners, consumer loans, overdrafts, mortgages, and public development-bank programs such as KfW, alongside insurance distributed from R+V Versicherung and building-society contracts via Bausparkasse Schwäbisch Hall; merchant acquiring and e-commerce payment solutions are provided through VR Payment. Customers may acquire cooperative shares and vote on certain matters on a one-member-one-vote basis; any dividend on shares is discretionary. The bank is supervised by BaFin and the Deutsche Bundesbank and participates in the BVR institutional protection scheme recognized as a deposit guarantee scheme under German law; eligible deposits are protected up to 100,000 EUR per depositor, with a voluntary protection scheme that may provide additional support subject to its rules. Pricing is set by fee schedules and varies by account model, transaction usage, card type, paper statements, and cash withdrawals outside the cooperative network; business tariffs are separate. Services are delivered via local branches, phone, and digital channels, with availability and conditions varying by region.