Raiffeisen-Volksbank Hermsdorfer Kreuz eG products, services and reviews

About Raiffeisen-Volksbank Hermsdorfer Kreuz eG

Raiffeisen-Volksbank Hermsdorfer Kreuz eG is a regional cooperative bank (eingetragene Genossenschaft) serving customers in its local market around the Hermsdorfer Kreuz area in Thuringia. Its portfolio typically includes current accounts, savings and term deposits, cards, online and mobile banking via the VR Banking App, and lending products for consumers and small and medium-sized enterprises, alongside securities and investment funds distributed through cooperative group partners such as Union Investment, insurance solutions from R+V Versicherung, and building society contracts from Bausparkasse Schwäbisch Hall; payment acceptance and e-commerce services are available via VR Payment. Customers have access to the cooperative BankCard ServiceNetz of ATMs across Germany and standard SEPA payment services; international transfers are processed over SWIFT with the cooperative sector’s central institution DZ BANK involved in settlement. Ownership is member-based, with cooperative shares that can be subscribed and dividends, if any, resolved by the general meeting in accordance with statutory provisions. Deposits are protected up to 100,000 euros per depositor under the German Deposit Guarantee Act through BVR Institutssicherung GmbH, and the bank also participates in the cooperative sector’s institutional protection scheme (BVR Sicherungseinrichtung). The institution is supervised by BaFin and the Deutsche Bundesbank. Account packages, card options, withdrawal fees outside the cooperative ATM network, mobile wallet compatibility (e.g., Apple Pay/Google Pay), and loan conditions follow the bank’s published price list and product terms and may vary by customer segment; branch presence and service hours are oriented to the region, with contact via local offices, telephone, and secure online messaging.