Raiffeisenbank Region Schwanenstadt eGen products, services and reviews

About Raiffeisenbank Region Schwanenstadt eGen

Raiffeisenbank Region Schwanenstadt eGen is a local cooperative bank (eingetragene Genossenschaft) serving households, agricultural clients, and small to mid-sized enterprises in and around Schwanenstadt, Upper Austria. It is part of the Austrian Raiffeisen Banking Group, affiliated with Raiffeisenlandesbank Oberösterreich as the regional central institution, and participates in the group’s institutional protection scheme. The bank offers standard retail and SME services, including current and savings accounts, domestic and SEPA payments, debit and credit cards, online and mobile banking via group platforms, and financing products such as overdrafts, consumer loans, mortgages, and business working-capital and investment loans; it also distributes selected investment and insurance products through group partners. Pricing is set by published tariff schedules; account packages typically carry monthly maintenance and transaction charges, and lending conditions are generally linked to market benchmarks (e.g., EURIBOR) plus credit-dependent margins, with possible arrangement and early repayment fees. Deposits are protected up to EUR 100,000 per depositor per institution under the Austrian statutory scheme administered by Einlagensicherung AUSTRIA Ges.m.b.H., and applicable investor-compensation rules cover certain securities-related claims. The institution operates under Austrian banking law and EU regulation (including PSD2 strong customer authentication) and is supervised as a less significant institution by the Austrian Financial Market Authority and the Oesterreichische Nationalbank within the Single Supervisory Mechanism framework. Governance follows cooperative principles in which customer-members can subscribe cooperative shares and vote at the general meeting, and the bank publishes annual financial statements in accordance with national accounting standards; product availability, eligibility, and documentation requirements are determined by the bank and should be confirmed directly before onboarding or financing.