Raiffeisenbank Kaarst eG products, services and reviews

About Raiffeisenbank Kaarst eG

Raiffeisenbank Kaarst eG is a local cooperative bank (eingetragene Genossenschaft) based in Kaarst, operating within the Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken and focusing on retail and small to mid-sized business customers in its regional market. It offers standard banking products such as current accounts with tiered pricing models, savings and term deposits, consumer loans, overdrafts, home financing, and payment cards, along with online and mobile banking via the network’s digital channels for transfers, standing orders, and card controls; securities custody and investment funds are typically provided through the cooperative group’s partners, and insurance and building-savings products are commonly available via affiliated providers within the network. Business clients can expect basic cash management, business accounts, financing for working capital and investment, and access to point-of-sale and acquiring services through group arrangements. As a cooperative, customers may become members by purchasing shares; any dividend is not guaranteed and depends on annual results and member approval. The bank participates in the Volksbanken Raiffeisenbanken shared ATM infrastructure and provides branch and self-service access locally, with some services available by appointment; specific opening hours, fees, and product conditions are set in published schedules and can differ by account package. Raiffeisenbank Kaarst eG is supervised by BaFin and the Deutsche Bundesbank and is part of the BVR institutional protection scheme (BVR Institutssicherung GmbH), with an additional voluntary protection scheme operated within the cooperative network; statutory deposit protection generally covers up to EUR 100,000 per depositor, with any broader support subject to the rules of the voluntary scheme. Customer communication is primarily in German, account opening and identification follow standard KYC/AML requirements, and complaints can be escalated to the bank and, if needed, to the BVR ombudsman for out-of-court dispute resolution. Interest rates, fees, and available features (including mobile wallet compatibility and instant payments) are subject to change and may vary by product and customer profile.