Raiffeisenbank Chiemgau - Nord - Obing eG products, services and reviews

About Raiffeisenbank Chiemgau - Nord - Obing eG

Raiffeisenbank Chiemgau - Nord - Obing eG is a regional cooperative bank headquartered in Obing (Bavaria) that serves private customers, self-employed clients, and SMEs in the northern Chiemgau area. As an eingetragene Genossenschaft (eG), it is member-owned with governance on a one-member-one-vote basis; customers can become members by subscribing cooperative shares, which may entitle them to a dividend subject to annual results and approvals, while shares are equity-like and not guaranteed. The bank provides standard retail and business banking services including giro accounts, savings and term deposits, consumer and auto loans, residential mortgages and construction financing, and corporate lending and cash management. Investment and ancillary services are typically offered via the cooperative financial network, such as securities brokerage and funds (e.g., through DZ BANK/Union Investment), building society savings and loans (Schwäbisch Hall), insurance (R+V), card issuing and acquiring (Visa/Mastercard via VR Payment), and leasing solutions. Access channels include local branches and self-service terminals, a nationwide Volksbanken Raiffeisenbanken ATM network for cash withdrawals with Girocard, online banking, and the VR Banking App with strong customer authentication (e.g., pushTAN/SecureGo plus and chipTAN) supporting SEPA transfers, standing orders, instant payments where enabled, and electronic statements; Apple Pay and Google Pay are available for eligible cards across the cooperative group. Business customers can obtain working-capital facilities, investment financing, POS solutions, and merchant services. Pricing is set locally and varies by account model and service package; typical cost items include monthly account fees, card and cash withdrawal fees outside the cooperative network, brokerage and custody fees, and early repayment or valuation fees on certain loans, so reviewing the applicable schedule of fees and interest is essential. Statutory deposit protection up to 100,000 euros per depositor applies via BVR Institutssicherung GmbH, and the cooperative network also maintains the BVR Sicherungseinrichtung, an institutional protection scheme designed to prevent member bank insolvency; coverage details and limits should be reviewed in the bank’s disclosures. The bank is supervised by BaFin and the Deutsche Bundesbank and is a member of the Genossenschaftliche FinanzGruppe (BVR). Strengths include proximity to the local market, integrated access to the cooperative group’s product partners, and established cash access; constraints include a geographically focused branch footprint, locally set conditions that may differ from larger national providers, and eligibility criteria that can depend on residence or business ties to the region. Product availability, onboarding options, branch hours, and service levels vary by location and are subject to change; prospective customers should obtain current terms, fees, and interest rates directly from the bank before committing.