Harzer Volksbank eG products, services and reviews

About Harzer Volksbank eG

Harzer Volksbank eG is a regional cooperative bank serving retail and business customers in the Harz area, operating within the Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken. It offers standard banking products including current accounts (giro), savings and term deposits, payment cards (Girocard and Mastercard/Visa issued via the cooperative network), consumer loans, mortgages, and investment, building-savings, and insurance solutions provided with group partners such as Union Investment, Bausparkasse Schwäbisch Hall, DZ Bank, and R+V Versicherung. Business services typically cover business accounts, corporate cards, liquidity and investment financing, POS terminals, and leasing solutions (e.g., via VR Smart Finanz). Customers can bank via local branches, online banking, and the VR Banking app, with two-factor authentication for payments; mobile wallets (Apple Pay and Google Pay) are supported for eligible cards. Cash withdrawals with a Girocard are available across the BankCard ServiceNetz of Volksbanken Raiffeisenbanken ATMs; fees can apply at third-party machines or abroad. Pricing follows package-based account models and a published schedule of prices and services (Preis- und Leistungsverzeichnis), with potential charges for account maintenance, cards, paper-based transactions, third-party ATM use, and overdrafts; interest rates and fees are subject to change and depend on product selection and customer profile. As a cooperative, customers can become members by acquiring shares, granting voting rights at the annual meeting; any dividend is contingent on business results. Deposits are protected by the institutional protection scheme of the National Association of German Cooperative Banks (BVR Institutssicherung, covering statutory €100,000 per depositor) and additionally by the voluntary BVR Sicherungseinrichtung. The bank is subject to supervision by BaFin and the Deutsche Bundesbank. Account opening is available in branch and typically also online with identity verification (e.g., VideoIdent/PostIdent); credit products generally require a credit check (e.g., SCHUFA). The regional footprint provides local advisory access, while fees and conditions may be less competitive than digital-only banks; availability of specific products, pricing, and features can vary and should be confirmed against the current tariff and product documentation.