Raiffeisenbank Fränkische Schweiz eG products, services and reviews

About Raiffeisenbank Fränkische Schweiz eG

Raiffeisenbank Fränkische Schweiz eG is a regional cooperative bank serving the Franconian Switzerland area of Bavaria and forms part of the Volksbanken Raiffeisenbanken network. As an eingetragene Genossenschaft, it is member-owned, with customers able to subscribe cooperative shares that confer voting rights and potential dividends; shares are not deposits, carry notice periods, and dividends are not guaranteed. The bank’s offering typically covers current accounts, savings and term deposits, consumer loans, overdrafts, and mortgage financing, alongside services for small and medium-sized enterprises such as working capital loans, investment financing, and cash management. Investment and insurance products are distributed through network partners that are common across the cooperative sector, including Union Investment (funds), Bausparkasse Schwäbisch Hall (building society savings), R+V Versicherung (insurance), and specialized corporate finance partners (e.g., DZ HYP, leasing and payments providers). Access is via local branches, online banking, and the VR Banking App; payments include girocard and commonly Visa/Mastercard-branded cards, SEPA transfers and direct debits, standing orders, and support for the cooperative ATM network for cash withdrawals, with fees often applied to out-of-network usage. Account packages are usually tiered with monthly maintenance charges and transaction-related pricing for both retail and business customers; rates and fees vary by product. Deposits are protected by the BVR Institutssicherung, recognized as a statutory deposit guarantee scheme up to 100,000 euros per depositor, and the bank is supervised by BaFin and the Deutsche Bundesbank. Service is oriented to the regional market, with onboarding subject to German identification requirements and potential residency constraints; availability of features such as instant payments, mobile wallets, safe deposit boxes, and coin services can depend on product selection and location.