Raiffeisenbank Region Grieskirchen eGen products, services and reviews

About Raiffeisenbank Region Grieskirchen eGen

Raiffeisenbank Region Grieskirchen eGen is a cooperative bank serving the Grieskirchen area of Upper Austria and is part of the Austrian Raiffeisen banking sector. Its business model centers on retail and SME clients, offering current accounts, savings and term deposits, debit and credit cards, SEPA payments, consumer and mortgage loans, and financing for small businesses, agriculture, and municipalities; it also distributes securities and investment funds with custody services and provides access to insurance products via affiliated providers. Digital access is available through Raiffeisen’s online and mobile banking (Mein ELBA) with PSD2-compliant strong customer authentication, while cash and advisory services are delivered through local branches, self-service zones, and the broader Raiffeisen ATM network. Pricing typically follows package-based account models with published tariffs for transactions, cards, loans, and custody; interest rates and fees are adjusted periodically and vary by product and customer segment. For corporate clients, the bank provides cash management, payment acceptance solutions via partners, guarantees, leasing referrals, and advisory related to subsidy-backed investments. Governance follows the cooperative model with member shareholdings and a general assembly; the institution is supervised by the Austrian Financial Market Authority and the OeNB and participates in the statutory deposit guarantee scheme that protects eligible deposits up to EUR 100,000 per depositor under EU rules. The risk profile is that of a regional universal bank, with credit exposure concentrated in households and local enterprises, mitigated through collateral practices, sectoral limits, and sector-level support mechanisms; interest rate and liquidity risks are managed within regulatory metrics. Account opening is generally handled in branch, with selected products available online subject to identification and residence requirements; service is primarily in German. Suitability depends on proximity to the branch network, the need for in-person advisory, and the customer’s tolerance for the bank’s pricing structure relative to nationwide direct banks and fintech alternatives.