Raiffeisenbank im Grabfeld eG products, services and reviews

About Raiffeisenbank im Grabfeld eG

Raiffeisenbank im Grabfeld eG is a regional cooperative bank serving retail customers, self-employed professionals, small and mid-sized enterprises, and agricultural clients in the Grabfeld area. As an eingetragene Genossenschaft, it is owned by members under the one-member-one-vote principle; customers can typically acquire cooperative shares to become members, with any dividend dependent on annual results and a resolution of the general meeting. The bank offers standard German retail banking services including current accounts, savings and term deposits, payment cards (girocard and commonly debit/credit from the cooperative group), SEPA transfers and direct debits, and cash supply via the Volksbanken Raiffeisenbanken BankCard ServiceNetz of ATMs. Lending covers consumer loans, mortgages, and business finance; SME and agricultural financing are part of its traditional scope. Through the cooperative financial network, it provides access to securities custody and investment funds (e.g., via Union Investment and DZ BANK group platforms), building society savings (Bausparkasse Schwäbisch Hall), insurance (R+V Versicherung), and leasing/factoring solutions. Online and mobile banking are available via the group’s e-banking and VR Banking app with PSD2 strong customer authentication; card security includes 3-D Secure, and support for common mobile wallets may be available depending on card type. Fees, interest rates, and conditions follow the published price list; out-of-network ATM withdrawals and certain transactions can incur charges. Deposits are protected by the German cooperative sector’s scheme: statutory coverage up to 100,000 EUR per depositor via BVR Institutssicherung GmbH, supplemented by the institutional protection system designed to prevent insolvency. The bank is subject to German and EU banking regulation and supervised by BaFin and the Deutsche Bundesbank, with standard KYC/AML requirements for onboarding.