Raiffeisen-Volksbank Aschaffenburg eG products, services and reviews

About Raiffeisen-Volksbank Aschaffenburg eG

Raiffeisen-Volksbank Aschaffenburg eG is a German cooperative bank headquartered in Aschaffenburg, Bavaria, and part of the Genossenschaftliche FinanzGruppe. It offers retail and business banking services including current accounts, savings products, term deposits, consumer and mortgage lending, business accounts and financing, cash management, and payment services, alongside securities and insurance brokerage via cooperative group partners. Access is provided through branches in its regional market, self-service terminals and ATMs within the cooperative network, online banking, and the VR Banking app; card products typically include Girocard and credit cards, and domestic and cross-border transfers are available via SEPA and SWIFT. Pricing is set out in the bank’s price and service schedule, with monthly account fees and usage-related charges common; interest conditions vary by product and can change with market rates. Deposits are protected up to 100,000 EUR per depositor under the statutory scheme operated by BVR Institutssicherung; the cooperative sector also maintains an additional institutional protection scheme administered by the Bundesverband der Deutschen Volksbanken und Raiffeisenbanken. Governance follows the cooperative model, with member-customers holding voting rights in the representatives’ assembly; customers may acquire cooperative shares and may receive a dividend subject to annual results and corporate decisions, with no guarantee of payout. The bank is supervised as a less significant institution by BaFin and the Deutsche Bundesbank. Typical cooperative network offerings include investment funds (Union Investment), building society savings and loans (Bausparkasse Schwäbisch Hall), and insurance (R+V Versicherung), though availability depends on the bank’s current product list. Business clients can access POS and e-commerce acquiring, liquidity management, and public development bank programs (such as KfW or LfA) intermediated through the bank. Fees may apply for out-of-network cash withdrawals, paper-based transactions, overdrafts, and securities custody. Digital channels offer standard features such as account overview, transfers, card controls, and secure messaging with strong customer authentication. Service scope is regional, and product terms, eligibility, and documentation requirements depend on customer profile and regulatory rules, so prospective customers should review current conditions and disclosures before opening an account or taking financing.