PSD Bank Koblenz eG products, services and reviews

About PSD Bank Koblenz eG

PSD Bank Koblenz eG is a regional cooperative bank based in Koblenz and part of the Genossenschaftliche FinanzGruppe (cooperative financial network) in Germany. It offers retail banking services including current accounts, payment cards, savings products, term deposits, consumer loans, and mortgage financing, and provides investment and insurance access through group partners commonly used in the cooperative network. As a cooperative (eG), customers can typically become members by acquiring cooperative shares, which confer voting rights; any dividend on such shares depends on the bank’s resolution and is not guaranteed. Account opening and lending are generally focused on customers residing in the bank’s defined market area, with service delivered via a limited regional branch presence and remote channels (online banking, mobile app, phone). Cash access is usually available across the nationwide network of Volksbanken Raiffeisenbanken ATMs when using the bank’s Girocard; fees depend on the chosen account model. Digital banking uses two-factor authentication for transactions in line with German regulatory standards. Deposits are protected by the BVR Institutssicherung (the statutory deposit guarantee scheme of the cooperative sector) up to 100,000 euros per depositor, and the cooperative institutional protection scheme aims to prevent member bank insolvency. PSD Bank Koblenz eG is supervised by BaFin and the Deutsche Bundesbank and uses the shared IT and payment infrastructure of the cooperative group. Pricing, interest rates, and eligibility criteria are published in the bank’s price schedules and product information and are subject to change.