Brandenburger Bank Volksbank-Raiffeisenbank eG products, services and reviews

About Brandenburger Bank Volksbank-Raiffeisenbank eG

Brandenburger Bank Volksbank-Raiffeisenbank eG is a regional cooperative bank in the German state of Brandenburg and part of the Genossenschaftliche FinanzGruppe. As a member-owned institution, it offers standard retail and SME banking services, including current accounts, savings and term deposits, consumer loans, residential mortgages, and business financing, along with payments solutions and cash services. Account models generally carry monthly maintenance fees, with additional charges possible for cards, paper statements, over-the-counter transactions, and withdrawals at non-network ATMs; prices and conditions are set out in the bank’s Preis- und Leistungsverzeichnis. Customers have access to the nationwide cooperative ATM network and can obtain a girocard as well as debit or credit cards (Mastercard/Visa), with optional support for mobile wallets depending on card type. Online banking and the VR Banking App provide transfers, standing orders, and card management, with two-factor authentication under PSD2 (e.g., via a dedicated authentication app). Securities and investment products are available through the cooperative group (e.g., Union Investment and DZ BANK services), insurance via R+V Versicherung, and building society savings and financing via Bausparkasse Schwäbisch Hall; POS acquiring and e-commerce payments are available through VR Payment. The bank is supervised by BaFin and the Deutsche Bundesbank and participates in the BVR Institutssicherung (statutory deposit protection up to 100,000 euros per depositor) and the additional institutional protection scheme of the cooperative sector (BVR Sicherungseinrichtung). Account opening typically requires identity verification and a German address; business clients must provide corporate documentation. Membership is possible via cooperative shares, which may carry a variable dividend, subject to resolution. International transfers are processed via SEPA and SWIFT; foreign currency services and safe deposit boxes are offered subject to availability. Opening hours, branch coverage, and product availability vary by location.