PSD Bank München eG products, services and reviews

About PSD Bank München eG

PSD Bank München eG is a cooperative bank (eingetragene Genossenschaft) headquartered in Munich and operating as one of the regional PSD banks in Germany; it focuses on private retail customers and offers standard banking products including giro accounts, savings and term deposits, consumer loans, mortgage financing, securities accounts and online banking services, while maintaining a branch and telephone service network typical for a regional lender. As a cooperative, customers can generally become members by acquiring a share in the cooperative, which carries membership rights such as participation in the general assembly and voting on elected representatives. Deposits are subject to the statutory deposit guarantee applicable in Germany; the bank publishes its own information on deposit protection and product conditions that should be consulted for current details. Lending decisions are based on standard credit assessment and collateral requirements; interest rates, fees and special conditions vary by product and customer profile. The institution is regulated under the German banking supervisory framework and supervised by BaFin and the Deutsche Bundesbank, and it provides formal complaint channels in line with regulatory requirements. Prospective customers are advised to compare fees, interest rates and service features with other banks and to review the bank’s current product documentation before opening accounts or contracting loans.