Raiffeisenbank im Allgäuer Land eG products, services and reviews

About Raiffeisenbank im Allgäuer Land eG

Raiffeisenbank im Allgäuer Land eG is a German cooperative bank serving private and business customers in the Allgäu region, operating within the Volksbanken Raiffeisenbanken cooperative financial network. Its product range typically includes current accounts with tiered pricing, savings and term deposits, consumer and mortgage lending, and financing solutions for small and mid-sized enterprises and agricultural clients, complemented by securities custody and brokerage via network partners, investment funds from Union Investment, building society contracts from Bausparkasse Schwäbisch Hall, insurance from R+V Versicherung, and merchant services through VR Payment. Access is provided through regional branches, ATMs within the BankCard ServiceNetz, and digital channels (online banking and the VR Banking app) with PSD2-compliant strong customer authentication; card payments generally include girocard and optional international debit or credit cards, with support for common mobile wallets depending on card type. As a cooperative (eG), customers may become members by acquiring cooperative shares; each member has one vote in the general meeting, and any dividend on shares is decided annually based on results. The bank is supervised by BaFin and the Deutsche Bundesbank and participates in the statutory deposit guarantee scheme BVR Institutssicherung GmbH (up to 100,000 euros per depositor) as well as the additional institutional protection scheme of the National Association of German Cooperative Banks (BVR). Pricing, interest rates, and service conditions are published in the Preis- und Leistungsverzeichnis and are subject to change; paper-based transactions, cash services, and third-party products may carry separate fees. A customer complaints process is available, including access to the cooperative banking ombudsman (BVR). Potential customers should review the bank’s current disclosures, product terms, and fee schedules before opening accounts or purchasing financial products.