Raiffeisen-Volksbank Neustadt eG products, services and reviews

About Raiffeisen-Volksbank Neustadt eG

Raiffeisen-Volksbank Neustadt eG is a member-owned cooperative bank based in Neustadt, Germany, and part of the Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken. It serves retail and small to medium-sized business customers in its defined regional market, offering current accounts, savings products, payments, girocard and credit cards, consumer and mortgage loans, business financing, and access to group partner products such as investment funds (Union Investment), building society contracts (Bausparkasse Schwäbisch Hall), insurance (R+V Versicherung), and leasing solutions. Banking is available through local branches, remote advisory channels, online banking, and the VR Banking app, with common two-factor authentication procedures and support for contactless and mobile payments. Cash services and fee-free withdrawals are generally available at cooperative network ATMs within the BankCard ServiceNetz; charges may apply outside the network. SEPA payments are standard, with cross-border transfers handled via SWIFT through group correspondent arrangements. Deposits are protected within the cooperative sector by BVR Institutssicherung GmbH (statutory deposit guarantee up to the legal limit) and the additional BVR Sicherungseinrichtung (institutional protection scheme). Account models typically carry monthly package fees, with separate pricing for cards, withdrawals at non-network ATMs, and transactions beyond inclusive allowances; rates and lending terms are set locally and can vary by customer profile and use case. As a cooperative, customers can usually become members by acquiring shares with voting rights; any dividend is subject to annual approval. The bank primarily targets customers with a connection to its operating area, and onboarding, identification, and product availability depend on residency and regulatory checks.