Volksbank Selm-Bork eG

Volksbank Selm-Bork eG is a German cooperative bank (eingetragene Genossenschaft) serving retail and small-business customers in Selm and the surrounding area, including Bork, in North Rhine-Westphalia. As part of the Genossenschaftliche FinanzGruppe, it distributes core banking services such as current and savings accounts, cards, consumer and mortgage financing, and standard investment and insurance products offered through group partners (for example Union Investment, R+V Versicherung, and Schwäbisch Hall), alongside securities brokerage and pension products under the cooperative network. Digital banking is available via online and mobile channels with two-factor authentication and common TAN procedures; SEPA transfers and direct debits are supported, and international payments can be executed via standard correspondent banking rails. Customers typically access a broad domestic ATM network through the BankCard ServiceNetz of the cooperative banks; fees for cash withdrawals, account packages, and transactions depend on the chosen tariff and usage, and business clients can obtain cash management, POS acquiring, and financing solutions tailored to local SMEs. As a cooperative, clients can become members by purchasing shares; membership confers voting rights in accordance with the cooperative’s statutes, and any dividend on shares is subject to profitability and approval by the members’ assembly. The bank is supervised by BaFin and the Deutsche Bundesbank, is affiliated with the Bundesverband der Deutschen Volksbanken und Raiffeisenbanken (BVR), and participates in the BVR Institutssicherung GmbH (statutory deposit guarantee up to 100,000 EUR per depositor) and the institutional protection scheme of the BVR; product availability, pricing, and conditions are set locally and may change without notice.