Raiffeisenbank Lohnsburg eGen

Raiffeisenbank Lohnsburg eGen is a local cooperative bank based in Lohnsburg am Kobernaußerwald (Upper Austria) and is part of the Austrian Raiffeisen banking group. As an eGen (eingetragene Genossenschaft), it operates on a member-based ownership model, with governance reflecting cooperative principles, and focuses on retail and small business clients in its immediate catchment area. The bank offers standard Austrian current accounts, savings and term deposits, debit cards, SEPA payments, standing orders, and cash services via ATMs, along with consumer loans, mortgages, and overdrafts subject to credit assessment and Austrian KYC/AML rules. Business banking typically includes business accounts, payments and cash management, financing for working capital and investment, and access to POS and e-commerce acquiring through group partners. Investment and insurance products are commonly distributed via the Raiffeisen group (e.g., securities custody and trading under MiFID II suitability rules, investment funds, building society savings, and insurance brokerage). Digital banking is provided through the Raiffeisen “Mein ELBA” online platform and mobile app with two-factor authentication and standard features such as transfers, card management, and notifications; strong customer authentication applies under PSD2. International transfers are supported via SEPA and SWIFT in line with Austrian banking practice, and card payments use 3‑D Secure for online transactions. Pricing follows package and usage-based fee schedules typical for Austrian banks; account maintenance, domestic and international payment fees, and card fees vary by product, and exchange rate and foreign transaction charges can apply. Deposits of eligible clients are protected up to EUR 100,000 per depositor per bank under the Austrian statutory deposit guarantee framework, subject to legal conditions and exclusions. The bank is subject to prudential and conduct supervision by the Austrian Financial Market Authority (FMA) in cooperation with the Oesterreichische Nationalbank (OeNB). Account opening generally requires valid identification and proof of address, and lending decisions require income and affordability documentation; service is primarily in German, and availability of English-language documentation may be limited. Potential customers should review current tariffs, interest rates, product terms, and eligibility criteria directly with the bank, as offerings and conditions can change and may differ from other Raiffeisen institutions.