Kreissparkasse Wiedenbrück Zweckverbandssparkasse des Kreises Gütersloh und der Stadt Rheda-Wiedenbrück products, services and reviews

About Kreissparkasse Wiedenbrück Zweckverbandssparkasse des Kreises Gütersloh und der Stadt Rheda-Wiedenbrück

Kreissparkasse Wiedenbrück – Zweckverbandssparkasse des Kreises Gütersloh und der Stadt Rheda-Wiedenbrück is a German public-law savings bank serving retail and business customers in its regional market around Rheda-Wiedenbrück and the wider district of Gütersloh. As part of the Sparkassen-Finanzgruppe, it offers current accounts (Girokonten) with package-based fees, debit cards (girocard) and credit cards, domestic and international payments (SEPA and SWIFT), savings and term deposits, consumer loans and overdrafts, mortgages, and services for small and medium-sized enterprises including working capital finance, investment loans, POS and e-commerce acquiring, cash management, and trade-related services. Securities brokerage and investment funds are typically provided via DekaBank, building-savings contracts via the LBS group, and insurance solutions via the Sparkassen-affiliated insurer in North Rhine-Westphalia; product availability and conditions depend on customer profile and regulatory suitability. Digital banking is available through online banking and the Sparkassen app with PSD2-compliant two-factor authentication (e.g., pushTAN or chipTAN), and supports common mobile wallets such as Apple Pay and Google Pay; cash services are accessible through the nationwide Sparkassen ATM network, alongside local branch counters and self-service terminals where available. Accounts are generally opened in-branch or online with standard identification procedures (e.g., VideoIdent or PostIdent), subject to KYC/AML requirements and residency status. Pricing, interest rates, and overdraft terms follow the bank’s published Preis- und Leistungsverzeichnis; fees apply to many services, and rates are variable. Deposits are protected up to 100,000 EUR per depositor under the recognized institutional protection scheme of the Sparkassen-Finanzgruppe, which also operates an institutional support mechanism designed to prevent member insolvency; investment products carry market risk and are not deposit-protected. The institution operates under German banking law (KWG) and is supervised by BaFin and the Deutsche Bundesbank. Service is primarily in German; branch availability and opening hours vary by location, with a continued shift toward digital channels and appointment-based advisory. Customers should review current terms, product brochures, and regulatory disclosures before concluding contracts.