Raiffeisen-Volksbank Wemding eG products, services and reviews

About Raiffeisen-Volksbank Wemding eG

Raiffeisen-Volksbank Wemding eG is a regional cooperative bank (eingetragene Genossenschaft) based in Wemding, serving private customers, self-employed individuals, and small to mid-sized businesses in its surrounding area. As part of the Volksbanken Raiffeisenbanken network, it provides current accounts, savings and term deposits, overdrafts and consumer loans, residential mortgage financing, and business lending. Securities accounts and investment products are offered via the cooperative financial group, typically including services from DZ BANK and Union Investment; building-savings contracts are usually available via Bausparkasse Schwäbisch Hall, and insurance products via R+V Versicherung. For payments, the bank issues girocards and can arrange Visa/Mastercard credit cards; business clients can obtain POS and e-commerce acceptance through VR Payment. Standard retail and business payment services include SEPA transfers, standing orders, and direct debits. Digital access covers online banking and a mobile app, with strong customer authentication via the VR SecureGo plus app or chip-TAN/card-reader methods. The bank operates local branches and self-service terminals and provides customer service by phone and secure messaging. Deposit protection follows German law with statutory coverage up to 100,000 euros per depositor through BVR Institutssicherung GmbH; the institution also belongs to the BVR institutional protection scheme (Sicherungseinrichtung). Governance follows the cooperative model, allowing customers to become members by acquiring shares; any dividend is subject to annual results and member resolution. Fees, interest rates, and product conditions depend on the chosen account or service and are detailed in the bank’s price list and contractual documents. The institution is regulated in Germany by BaFin and the Deutsche Bundesbank.