Raiffeisenbank Biebergrund-Petersberg eG products, services and reviews

About Raiffeisenbank Biebergrund-Petersberg eG

Raiffeisenbank Biebergrund-Petersberg eG is a regional cooperative bank serving the Fulda area in Hesse, operating as an eingetragene Genossenschaft (eG) within the Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken. It offers standard retail and small-business banking services including current accounts, savings and term deposits, payment services, debit and credit cards, consumer and housing loans, and financing for local enterprises and agricultural clients, with access to insurance, investment and building-savings products from cooperative group partners. Customers can use local branches and ATMs and withdraw cash nationwide via the cooperative ATM network; online and mobile banking are available with two-factor authentication via TAN procedures. Pricing follows the bank’s published schedule of prices and services, with fees and interest conditions varying by account model, card type and usage; current terms are listed on its website and are subject to change. International and SEPA payments are supported through the group’s payment infrastructure; availability of instant payments and specific cut-off times depends on the bank’s channels. As a cooperative, clients may become members by subscribing to shares, typically with one vote per member at the general meeting; any dividend on shares is discretionary. Supervision is carried out by BaFin and the Deutsche Bundesbank, and eligible deposits are protected up to 100,000 EUR per depositor under the BVR Institutssicherung GmbH in line with the EU Deposit Guarantee Schemes Directive, with an additional institutional protection scheme within the cooperative group aimed at stabilizing member institutions. Account opening generally requires standard identification under the German Anti-Money Laundering Act and may be completed in branch or via remote identification methods where offered.