Kreissparkasse Herzogtum Lauenburg products, services and reviews

About Kreissparkasse Herzogtum Lauenburg

Kreissparkasse Herzogtum Lauenburg is a public-law savings bank serving the Herzogtum Lauenburg district in Schleswig-Holstein and is part of the Sparkassen-Finanzgruppe. It provides retail, business, and municipal banking with a regional branch and ATM network, complemented by online and mobile channels. Core products include current accounts, savings and term deposits, consumer loans, mortgages and construction financing, SME loans and working-capital facilities, as well as leasing and merchant services via group partners. Investment and pension solutions are distributed through Sparkassen-linked providers (e.g., investment funds and building society contracts), with wealth management available for higher asset levels. Payments are supported via SEPA transfers, standing orders, direct debits, international transfers (SWIFT), Girocard and major credit/debit cards; mobile payments (Apple Pay/Google Pay) and 3‑D Secure (S‑ID‑Check) are available. Online banking employs two-factor authentication options such as pushTAN or chipTAN. Pricing follows the typical Sparkasse model with monthly account fees depending on the account package, fee concessions for younger customers, and charges for certain transactions or cash withdrawals outside the Sparkassen network; business accounts use tiered price lists. Interest rates on deposits and loans are set according to market conditions and individual creditworthiness; the up-to-date price and service directory applies. Deposits are protected under the Sparkassen-Finanzgruppe’s institutional protection scheme (Haftungsverbund), which fulfills the statutory deposit guarantee up to 100,000 euros per depositor, with institutional support mechanisms for member banks. The institution is supervised by BaFin and the Deutsche Bundesbank.