Raiffeisenbank Kempten-Oberallgäu eG products, services and reviews

About Raiffeisenbank Kempten-Oberallgäu eG

Raiffeisenbank Kempten-Oberallgäu eG is a regional cooperative bank in the Allgäu area of Bavaria and part of the Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken. Its portfolio covers everyday retail banking and services for small and mid-sized businesses, including current accounts, savings, payments, debit and credit cards, consumer and real estate financing, and support for local trades and agriculture. Access is provided via branches, a shared VR-Bank ATM network (BankCard ServiceNetz), online banking, and a mobile app using two-factor authentication (app-based TAN or chipTAN); mobile wallet functionality for common platforms is available where supported. Securities, funds, and insurance are typically offered through group partners such as Union Investment, R+V Versicherung, Bausparkasse Schwäbisch Hall, and TeamBank (easyCredit), with DZ BANK acting as the central institution for capital markets and payments infrastructure. Pricing usually follows account models with monthly maintenance charges and service-based fees; conditions, identification requirements, and documentation differ by customer segment and are set out in the bank’s schedule of prices and services. As an eingetragene Genossenschaft (eG), customers can become members by purchasing cooperative shares; participation rights and any distributions are determined by the statutes and decisions of the general meeting or elected representatives. The bank is supervised by BaFin and the Deutsche Bundesbank. Deposits are protected up to 100,000 EUR per depositor under the BVR Institutssicherung (the recognized deposit guarantee scheme of the cooperative sector); in addition, the BVR Sicherungseinrichtung functions as an institutional protection scheme within the group. Product availability, branch hours, and eligibility may be restricted to the defined service area. Interest rates, fees, and terms change over time; prospective clients should consult the current price list and pre-contractual information before opening accounts or taking out credit.