Raiffeisenbank Elsavatal eG products, services and reviews

About Raiffeisenbank Elsavatal eG

Raiffeisenbank Elsavatal eG is a German cooperative bank serving private and small business customers in the Elsava Valley area of Bavaria as part of the Volksbanken Raiffeisenbanken cooperative financial network. It offers standard retail and SME banking services, including current accounts, savings and term deposits, payment services (SEPA transfers, direct debits, standing orders), debit and credit cards, consumer loans, mortgages, and financing for self-employed and local enterprises. Securities accounts and investment funds are typically provided via cooperative partners such as DZ BANK and Union Investment, while insurance and building society products are commonly brokered through R+V Versicherung and Bausparkasse Schwäbisch Hall. Access is available through local branches, self-service terminals, online banking, and the VR Banking app, with nationwide cash withdrawals via the BankCard ServiceNetz of the cooperative group. As a cooperative (eG), customers can become members with voting rights; any member dividend is subject to annual results and a general meeting decision. Pricing follows the bank’s published price and service list, with account maintenance, card, and transaction fees varying by product; interest rates and conditions are subject to change. The bank is supervised by BaFin and the Deutsche Bundesbank. Deposits are protected under the German cooperative banks’ institutional protection scheme (BVR), with statutory coverage of up to 100,000 euros per depositor via BVR Institutssicherung GmbH; the additional institutional protection of the BVR aims to stabilize member institutions. Product availability, digital onboarding options, and service hours can differ by branch and are set out in the bank’s current terms and disclosures.