Berliner Volksbank eG products, services and reviews

About Berliner Volksbank eG

Berliner Volksbank eG is a German cooperative bank headquartered in Berlin with a core market in Berlin and Brandenburg, operating under the legal form eG and supervised by BaFin and the Deutsche Bundesbank. It is part of the cooperative financial network (FinanzGruppe Volksbanken Raiffeisenbanken) and provides retail and business banking, including current accounts, savings and term deposits, consumer loans, mortgages, and financing for self‑employed, SMEs, and corporates. Securities custody and brokerage, investment funds via Union Investment, building society savings via Schwäbisch Hall, and insurance solutions from R+V are available through the network, alongside POS terminals, e‑commerce acquiring and payment solutions via VR Payment, and leasing and factoring via affiliated partners. Access is provided through a regional branch and advisory network, online banking, and the VR Banking App, with two‑factor authentication (e.g., SecureGo plus or chipTAN) and support for common mobile wallets where eligible. Payment instruments include girocard and Visa/Mastercard debit and credit cards with contactless functionality; cash withdrawals are available across the cooperative BankCard ServiceNetz in Germany, with fees possible outside the network. International transfers are supported via SEPA and SWIFT. Deposits are protected by the statutory €100,000 per depositor guarantee and the cooperative institutional protection scheme (BVR) that aims to prevent member bank insolvency. Customers can become members by subscribing cooperative shares, gaining voting rights and a potential dividend subject to annual results and resolution. Account and service fees follow package and usage models; pricing, interest rates, and product availability are published by the bank and can vary by customer segment and channel.