Raiffeisenbank Abtenau-Rußbach registrierte Genossenschaft mit beschränkter Haftung products, services and reviews

About Raiffeisenbank Abtenau-Rußbach registrierte Genossenschaft mit beschränkter Haftung

Raiffeisenbank Abtenau-Rußbach registrierte Genossenschaft mit beschränkter Haftung is a local cooperative bank operating within the Raiffeisen sector in Austria, serving private clients, small businesses, and agricultural customers in and around Abtenau and Rußbach (Salzburg). As a member-owned institution, governance typically runs through a general assembly, supervisory board, and management board, with a mandate to support the regional economy rather than pursue national scale. The bank provides standard Austrian retail and SME services: current and savings accounts, domestic and SEPA payments, debit and credit cards, consumer and housing loans, business lending, and access to investment and insurance products distributed via the Raiffeisen network. Digital banking is available through the group’s online and mobile channels with PSD2-compliant strong customer authentication; branch service remains relevant for onboarding and credit decisions. Pricing follows the common Austrian model of account packages with monthly maintenance fees and charged extras (e.g., cards, foreign ATM withdrawals, paper statements), while lending rates are usually linked to Euribor plus a margin and may be variable. Deposits are protected up to EUR 100,000 per depositor under Austria’s statutory deposit guarantee scheme (Einlagensicherung AUSTRIA GmbH). The bank is subject to Austrian and EU regulation and supervision by the Financial Market Authority (FMA) and the Oesterreichische Nationalbank (OeNB). Key constraints are the limited geographic footprint, potential language limitations for non-German speakers, and exposure to the local economy; advantages include proximity to regional customers and integration with the broader Raiffeisen network for payments, cards, and investment distribution. Potential clients should review current fee schedules, interest conditions, and eligibility requirements before opening accounts or applying for credit.