Raiffeisenbank eG Unterwesterwald products, services and reviews

About Raiffeisenbank eG Unterwesterwald

Raiffeisenbank eG Unterwesterwald is a regional cooperative bank in the Unterwesterwald area of Rhineland-Palatinate and part of the Volksbanken Raiffeisenbanken network. It serves retail and small-business customers with current accounts, savings and term deposits, consumer loans, overdrafts, and home financing; business services include accounts, working capital and investment loans, and POS or e-commerce acceptance via network partners, with a traditional focus on local enterprises and agriculture. Card options typically include a Girocard and optional Mastercard or Visa. Online banking and the VR BankingApp cover SEPA transfers, standing orders, and, where enabled, real-time payments, with two-factor authentication via SecureGo plus or chipTAN under PSD2. Customers have access to the BankCard ServiceNetz for cash withdrawals across partner ATMs; cash deposit machines are available at selected locations. Investment and pension products are commonly offered via group providers such as Union Investment and DZ BANK, and insurance via R+V Versicherung. As a cooperative, membership is obtained by subscribing shares that confer voting rights; any dividend depends on annual results. Deposits are covered by the BVR Institutssicherung GmbH (statutory scheme) and the additional institutional protection scheme of the National Association of German Cooperative Banks. Account pricing is usually tiered with monthly package fees, separate card fees, and differentiated charges for paper versus electronic transactions; loan pricing is individualized. Accounts can be opened in-branch and, where supported, online using VideoIdent or PostIdent. The bank’s service area is local, product availability and branch hours vary by location, and customer communication is primarily in German.