Raiffeisenbank HessenNord eG products, services and reviews

About Raiffeisenbank HessenNord eG

Raiffeisenbank HessenNord eG is a regional German cooperative bank (eingetragene Genossenschaft) serving customers in northern Hesse. As part of the Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken, it operates on a member-owned model in which clients can purchase cooperative shares and exercise voting rights. The bank provides standard retail and SME services, including giro accounts with monthly maintenance fees, debit (girocard) and credit cards, online and mobile banking via the group’s apps, SEPA transfers and direct debits, overdrafts, savings and time deposits, building-society saving plans, mortgages, consumer loans, and business lending. Investment funds and securities custody are offered through the cooperative group’s capital markets partners, while insurance products are typically distributed via group insurers; merchants can obtain POS and e-commerce acquiring through affiliated providers. Customers generally have fee-free cash withdrawals at ATMs of the Volksbanken Raiffeisenbanken network; third-party ATM operators may charge surcharges. Deposits are protected by the German statutory deposit guarantee up to EUR 100,000 per depositor, complemented by the BVR institutional protection scheme recognized as an IPS. The bank is supervised by BaFin and the Deutsche Bundesbank. Account conditions, interest rates, and fees follow the published price list and vary by usage (e.g., paper-based vs. digital). Onboarding requires identification (in-branch or video), and service availability is focused on residents and businesses in the bank’s catchment area; English-language support and cross-border services may be limited.