Raiffeisenbank Augsburger Land West eG products, services and reviews

About Raiffeisenbank Augsburger Land West eG

Raiffeisenbank Augsburger Land West eG is a member-owned cooperative bank serving the western part of the Augsburg district in Bavaria, operating through local branches, self-service points and digital channels within the Volksbanken Raiffeisenbanken network. Its offerings typically include current accounts, savings and term deposits, SEPA payments, cards and cash services via the BankCard ServiceNetz, consumer loans and mortgages for private clients, as well as working capital finance, investment loans and payment services for small and mid-sized enterprises, agricultural businesses and associations. Investment and securities services, building society savings and insurance are provided through cooperative network partners such as Union Investment, DZ BANK/DZ PRIVATBANK, Bausparkasse Schwäbisch Hall and R+V Versicherung. Fees and interest follow the bank’s published schedule of prices and services; account packages, cards, withdrawals outside partner networks and overdrafts usually incur charges, and rates are adjusted in line with market conditions. Customers can acquire cooperative shares and exercise membership rights under the bank’s statutes; any dividend on shares depends on annual results and the resolution of the representatives’ meeting. The bank is supervised by BaFin and the Deutsche Bundesbank; deposits are protected by the German cooperative sector’s institutional protection scheme (BVR Institutssicherung) and additionally by the BVR’s voluntary protection scheme, with the statutory coverage level of up to 100,000 euros per depositor per bank applicable. Digital banking uses the group’s standard security procedures (including app-based TAN), and support for common mobile wallets is offered where available. The institution operates on a defined regional market basis; onboarding and lending require standard identification and credit checks under German law, and business clients may need additional documentation. Product availability, conditions and opening hours vary by location and customer profile, so prospective clients should consult the bank’s current disclosures and tariff information before opening an account or applying for credit.