Volksbank im Harz eG

Volksbank im Harz eG is a regional German cooperative bank serving the Harz area, operating a local branch network and offering standard retail and SME banking within the Genossenschaftliche FinanzGruppe. As a cooperative, customers can become members by purchasing shares, gaining voting rights and potential dividends subject to annual results and statutory limits; membership is not required for all products. The bank provides current accounts for private and business clients with tiered monthly fees, a girocard for domestic payments, and optional Visa or Mastercard credit cards with separate pricing; cash withdrawals are typically free at BankCard ServiceNetz ATMs across Germany, with charges applying at third‑party machines and abroad. Payments include SEPA transfers, standing orders, and, where enabled, SEPA Instant; contactless and e‑commerce options such as giropay are supported, and mobile wallets like Apple Pay and Google Pay may be available for eligible cards. Digital banking is delivered via online banking and the VR Banking App, with PSD2 strong customer authentication using the VR SecureGo plus app and/or chipTAN methods; service availability depends on device and configuration. Lending covers overdrafts, consumer installment loans, car financing, and residential mortgages, including access to promotional programs (e.g., via KfW) where applicable; collateral, affordability checks, and variable or fixed rates follow standard German market practice. Savings and investment options include call accounts, term deposits, securities custody and brokerage, and investment funds distributed through Union Investment; building society contracts are available via Bausparkasse Schwäbisch Hall, and insurance is brokered through R+V Versicherung. For businesses, the bank offers business accounts, working capital and investment loans, cash management, POS terminals and e‑commerce acquiring, leasing and factoring via network partners, and access to trade‑related services through DZ BANK. Pricing is governed by the published Preis- und Leistungsverzeichnis, with separate fees for paper statements, manual transfers, cards, and securities custody; interest and charges vary by product and risk profile. Accounts are generally targeted at residents and businesses in the bank’s core region; identification is conducted per German KYC rules via in‑branch or approved remote methods. Deposits are protected up to 100,000 EUR per depositor under the BVR Institutssicherung GmbH statutory scheme; the cooperative sector’s institutional protection scheme provides additional bank‑stabilization mechanisms but does not grant a separate depositor claim. The institution is subject to German banking supervision (BaFin and Deutsche Bundesbank). Product features, eligibility, digital functions, and fees can change, and prospective customers should review current schedules and conditions before applying.