Donau-Iller Bank eG products, services and reviews

About Donau-Iller Bank eG

Donau-Iller Bank eG is a German cooperative bank serving retail customers, self-employed professionals, and small and mid-sized enterprises in the Donau-Iller region around Ulm and the Alb-Donau area. As a member of the cooperative financial network (Volksbanken Raiffeisenbanken), it offers standard products such as current accounts, savings and term deposits, consumer and mortgage loans, overdrafts, and business accounts, along with payment cards (girocard and Mastercard/Visa options) and access to the nationwide VR ATM network. Digital banking includes web and app-based services with two-factor authentication (e.g., app- or chipTAN-based), SEPA transfers, standing orders, e-documents, and support for common mobile wallets. Securities services and investment funds, building society savings, and insurance are typically provided via group partners from the cooperative network, and merchant services for businesses are available through affiliated payment providers. Account packages are usually fee-based with tiered pricing tied to included services and transaction volumes; cash services, paper-based transactions, and premium cards may incur additional charges, and conditions vary by package and usage. The bank operates a regional branch network with advisory services by appointment as well as phone and online channels; availability and service scope are generally focused on its home market. As a cooperative, customers can usually purchase member shares that confer voting rights, with any distribution on shares subject to the bank’s results and decision of the general meeting. Donau-Iller Bank eG is supervised by BaFin and the Deutsche Bundesbank and participates in the institutional protection scheme of the cooperative group; deposits are protected up to the statutory limit (currently 100,000 euros per depositor) via BVR Institutssicherung, with additional protection through the cooperative group’s voluntary scheme.