Raiffeisenbank Gmund am Tegernsee eG products, services and reviews

About Raiffeisenbank Gmund am Tegernsee eG

Raiffeisenbank Gmund am Tegernsee eG is a local cooperative bank (eingetragene Genossenschaft) based in Gmund am Tegernsee, Bavaria, operating within the Genossenschaftliche FinanzGruppe (Volksbanken Raiffeisenbanken) and supervised by BaFin and the Deutsche Bundesbank. Its offering covers retail and SME banking, including current and savings accounts, time deposits, consumer and mortgage financing, business loans and working capital lines, SEPA payments and cash services, debit and credit cards with ATM access, securities custody and brokerage via the cooperative network (e.g., DZ BANK/Union Investment), as well as insurance and building-society products through group partners such as R+V Versicherung and Bausparkasse Schwäbisch Hall; regional real estate intermediation is also common. Digital access is provided through online banking and the VR Banking App with strong customer authentication, supporting SEPA transfers, standing orders, e‑statements, and card controls; mobile wallet compatibility depends on the specific card scheme and product. Fees, interest rates, and conditions are set out in the Preis- und Leistungsverzeichnis and change over time; account models typically involve monthly package pricing with transaction-related charges. Deposits are protected by the institutional protection scheme of the National Association of German Cooperative Banks (BVR) and by the statutory deposit guarantee implemented via BVR Institutssicherung GmbH, with coverage for eligible deposits up to 100,000 EUR per depositor per bank and higher statutory limits in defined cases such as certain real estate transactions; the institutional scheme is designed to avert insolvency within the group and is not a separate depositor claim. Ownership rests with member-shareholders under the one-member-one-vote principle; customers may subscribe cooperative shares to become members, with any dividend subject to annual results and member resolutions. The bank maintains a limited regional branch and self-service footprint around the Tegernsee area and serves private clients, self-employed professionals, and local companies, offering advisory meetings in person and remotely. Key comparison points for prospective customers include account package fees, card and ATM usage costs (especially outside the cooperative network), lending rates and collateral terms, brokerage and custody charges, digital features for businesses (e.g., EBICS), and service availability relative to local branch hours.