Grafschafter Volksbank eG products, services and reviews

About Grafschafter Volksbank eG

Grafschafter Volksbank eG is a regional cooperative bank headquartered in Nordhorn, serving private clients, small and midsize enterprises, associations, and municipalities in the Grafschaft Bentheim area. As part of the Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken, it is a member of BVR and operates under the supervision of BaFin and the Deutsche Bundesbank. The bank offers current accounts, savings and term deposits, payment cards (girocard and card products from the cooperative network), consumer loans, mortgages, and financing solutions for businesses and agriculture, along with cash management and working-capital facilities. Securities custody and brokerage are available through network partners, typically including Union Investment for funds; building-society savings and home finance are offered via Bausparkasse Schwäbisch Hall; and insurance is distributed from R+V Versicherung. Digital access is provided through online banking and the VR Banking App with common TAN procedures; corporate clients can use EBICS and payment acceptance services via VR Payment. Customers have access to the nationwide BankCard ServiceNetz of cooperative ATMs, with cash deposit machines available at selected locations. Cross-border and domestic payments follow SEPA standards; foreign currency and international transfers are handled via the cooperative group’s correspondent channels. As a cooperative, clients can acquire member shares and exercise voting rights; governance is via a management board and supervisory board in line with German cooperative law. Deposits are protected by the recognized deposit guarantee scheme BVR Institutssicherung GmbH (up to EUR 100,000 per depositor) and additionally by the institutional protection scheme of the cooperative group (BVR Sicherungseinrichtung). Pricing, eligibility, and product conditions are set locally and are subject to published schedules and creditworthiness assessments.