Raiffeisen Regionalbank Achensee eGen products, services and reviews

About Raiffeisen Regionalbank Achensee eGen

Raiffeisen Regionalbank Achensee eGen is a cooperative regional bank in the Achensee area of Tyrol and part of the Raiffeisen Banking Group in Austria, operating on a member-owned model with local governance and integration into the group’s shared infrastructure. The bank focuses on retail and small business banking, offering current and savings accounts, term deposits, SEPA payments, debit and credit cards (the latter typically via group partners), consumer loans, overdrafts, mortgages, and SME products such as business accounts, working-capital financing and merchant services; it distributes group products including building society savings and housing finance, leasing, investment funds and securities brokerage, and insurance. Service is delivered through branches and remote channels, with online and mobile banking provided via the group’s Mein ELBA platform using PSD2-compliant interfaces and multi-factor authentication; cash services and access to the Austrian ATM network are standard. Pricing generally follows the Austrian cooperative model of bundled account packages with monthly fees and transaction-based charges for certain services, and interest and lending rates track market conditions and customer risk; fee schedules and eligibility criteria vary by product. The bank’s activities are supervised by the Austrian Financial Market Authority and the Oesterreichische Nationalbank, and customer deposits are protected under Austria’s statutory deposit guarantee scheme (Einlagensicherung AUSTRIA) up to EUR 100,000 per depositor per bank, subject to legal conditions. Operations are regionally oriented, with account opening and lending subject to standard identification, residency and credit checks; everyday service is primarily in German, and cross-border or capital markets services rely on Raiffeisen group capabilities. This positioning suits customers who need local branch access and group-linked services, while those prioritizing low-cost, online-only banking would typically compare offers from direct banks.