Raiffeisenbank Frauenkirchen-Mönchhof-Podersdorf am See eGen products, services and reviews

About Raiffeisenbank Frauenkirchen-Mönchhof-Podersdorf am See eGen

Raiffeisenbank Frauenkirchen-Mönchhof-Podersdorf am See eGen is a regional cooperative bank in Burgenland serving the municipalities of Frauenkirchen, Mönchhof, and Podersdorf am See, operating under the Austrian Banking Act and supervised by the Financial Market Authority (FMA) and the Oesterreichische Nationalbank within the European regulatory framework. As part of the Raiffeisen sector, it provides standard retail and small-business services: current and savings accounts (EUR/SEPA), domestic and cross-border euro payments, debit cards, credit cards via sectoral partners, consumer and housing loans, payment terminals for merchants, and basic cash services at branches and ATMs. Investment and insurance products are typically distributed through Raiffeisen group entities, with securities custody and fund savings plans available subject to appropriateness and risk profiling. Online and mobile banking (Mein ELBA) enable account management, transfers, and security features compliant with PSD2 strong customer authentication. Eligible deposits are protected up to EUR 100,000 per depositor under the Austrian statutory deposit guarantee applicable to the Raiffeisen sector; coverage limits and exclusions follow national law. The cooperative structure means customers can also be members/shareholders under local statutes, with voting rights tied to membership rather than share trading. The bank’s focus is local service delivery; product availability, interest rates, and fees depend on chosen packages and may differ by customer segment. Branch hours, appointment requirements, and identification standards follow Austrian KYC/AML rules; service is primarily in German.