Raiffeisenbank Knoblauchsland eG products, services and reviews

About Raiffeisenbank Knoblauchsland eG

Raiffeisenbank Knoblauchsland eG is a German cooperative bank serving the Knoblauchsland area in Franconia (Bavaria) and forms part of the Volksbanken Raiffeisenbanken network. As a cooperative (eG), it offers retail and small-business banking including current accounts (Girokonto), savings and term deposits, debit and credit cards, domestic and SEPA payments, online and mobile banking via the group’s VR Banking app, and cash withdrawals at the cooperative “BankCard ServiceNetz” ATMs. Lending typically covers consumer loans, overdrafts, residential mortgage financing, and credit for local businesses and agricultural clients; in investments and insurance it commonly distributes group products such as Union Investment, R+V Versicherung, and Bausparkasse Schwäbisch Hall. Customers can become members by purchasing cooperative shares; membership confers voting rights and potential profit participation subject to the statutes and annual resolutions and does not guarantee a dividend. Deposits are protected within the institutional protection scheme of the National Association of German Cooperative Banks (BVR Institutssicherung), which fulfills the statutory deposit guarantee up to 100,000 euros per depositor; a separate voluntary protection scheme of the group may offer additional institutional support. The bank is supervised by BaFin and the Deutsche Bundesbank and operates under EU and German regulations including PSD2 and AML/KYC requirements. Pricing and interest conditions are set out in the bank’s published fee schedules and vary by product and usage, with typical charges for account maintenance, cards, and certain transactions. Access is via local branches, phone, and digital channels, with appointment-based advice standard for credit and investment services; suitability depends on individual needs, product conditions, and proximity to the branch network.