Pax-Bank eG products, services and reviews

About Pax-Bank eG

Pax-Bank eG is a German cooperative bank headquartered in Cologne, founded in 1917 with a mandate to serve Catholic, charitable, and social-economy institutions; today it focuses on institutional clients in the church, healthcare, education, and non-profit sectors, alongside private customers. The bank offers current accounts, payments, cards, savings and term deposits, lending and real estate/project finance for institutions, plus investment advisory, discretionary mandates, and services tailored to church-related entities such as foundation support, donation and payroll solutions, and treasury management. It positions its investment and lending policies around ethical and sustainability criteria influenced by Christian social principles and publishes corresponding guidelines and reports; as with any screening approach, definitions and implementation can differ by product, and market risk remains with the customer. In 2010, media reports highlighted holdings in issuers seen as inconsistent with its ethical stance; the bank stated it exited those investments and tightened controls thereafter. Pax-Bank operates a limited branch network in Germany and provides online and mobile banking, SEPA transfers, and access to the cooperative ATM network; service is primarily in German and some offerings are targeted to its core client base, which may limit relevance for broader retail needs. Pricing follows published tariffs that vary by account type and usage; institutional and non-profit terms differ, and some services carry separate fees. As a cooperative, customers can become members by subscribing to shares, with any dividend subject to approval and earnings and not guaranteed. Pax-Bank is a member of the Bundesverband der Deutschen Volksbanken und Raiffeisenbanken (BVR) and is supervised by BaFin and the Deutsche Bundesbank; deposits are protected by the BVR Institutssicherung (statutory deposit guarantee up to EUR 100,000 per depositor) and supplemented by the BVR’s additional protection scheme, which is designed to prevent member bank insolvency but does not replace statutory limits for individual depositors.