Raiffeisenbank Ems-Vechte eG products, services and reviews

About Raiffeisenbank Ems-Vechte eG

Raiffeisenbank Ems-Vechte eG is a German cooperative bank serving the Ems and Vechte region in Lower Saxony, operating within the Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken. It offers retail and SME banking with a focus on regional clients, including current accounts, savings and term deposits, consumer and mortgage loans, agricultural and business financing, securities custody and investment funds via group partners, building-savings contracts, and insurance. Payments coverage typically includes girocard for domestic use and optional internationally usable debit or credit cards (Visa/Mastercard), SEPA transfers, and cross-border payments routed via group infrastructure; mobile wallets and contactless payments are generally available depending on card setup. Digital access is provided through online banking and the VR Banking App, with PSD2-compliant two-factor authentication (e.g., SecureGo plus app or chipTAN); identification may be in-branch or via remote methods where offered. Customers can become cooperative members by purchasing shares; any dividend is contingent on annual results and a member resolution. Cash services are supported by the BankCard ServiceNetz ATM network of the Volksbanken Raiffeisenbanken across Germany, while branch coverage and opening hours are regional and may be limited. Pricing follows the common German cooperative model with monthly account packages and itemized fees (e.g., for transactions, cards, cash services, and securities custody); business accounts often use per-transaction pricing. Deposits are protected by the BVR Institutssicherung (statutory coverage up to EUR 100,000 per depositor) and additionally by the voluntary institutional protection scheme of the cooperative group; the bank is supervised by BaFin and the Deutsche Bundesbank. The bank’s product set and conditions are oriented to local households, self-employed, SMEs, and agricultural clients; language and onboarding options are primarily German, and availability for non-residents can be restricted. Fees, interest rates, eligibility, and service features vary by tariff and are updated periodically; reviewing the current Preis- und Leistungsverzeichnis and product disclosures before onboarding is essential.