Raiffeisenbank Erlenbach eG products, services and reviews

About Raiffeisenbank Erlenbach eG

Raiffeisenbank Erlenbach eG is a regional cooperative bank in Germany operating within the Volksbanken Raiffeisenbanken network and organized as a registered cooperative (eG). It provides standard retail and SME banking services, including current and savings accounts, payment services (SEPA transfers, standing orders, direct debits), debit and credit card options with contactless capability, cash services via the cooperative ATM network, consumer and mortgage lending, and financing for local businesses and agriculture. Access is offered through branches, online banking, and a mobile app; payment approvals use two-factor authentication in line with PSD2. Investment funds, building society savings, securities custody, and insurance are commonly arranged via affiliated group providers, with product availability and conditions depending on customer profile. Cooperative membership is available to eligible customers through the purchase of shares, conferring voting rights at the general meeting and the possibility of dividends if resolved; shares are subject to specific terms and capital loss risk. Deposits are protected up to 100,000 EUR per depositor under the statutory scheme BVR Institutssicherung GmbH, and the cooperative network maintains an additional institutional protection system. Pricing, interest rates, lending decisions, and limits are set by tariff and underwriting criteria and can change. The bank operates under German banking regulation and supervision. Users should verify current fees, rates, opening hours, and digital service features directly with the institution.