Raiffeisenbank Mainschleife - Steigerwald eG products, services and reviews

About Raiffeisenbank Mainschleife - Steigerwald eG

Raiffeisenbank Mainschleife - Steigerwald eG is a regional cooperative bank serving the Mainschleife and Steigerwald area in Bavaria, focusing on retail customers, self-employed individuals, small and medium-sized enterprises, and local associations. As a Genossenschaftsbank, it is owned by its members; membership is tied to cooperative shares that confer voting rights and may entitle holders to a distribution subject to annual decisions. The bank offers current accounts with fee-based models, savings and term deposits, debit and credit cards, consumer and mortgage financing, and advisory-led investment services typically provided with cooperative sector partners such as Union Investment for funds, Schwäbisch Hall for building society products, and R+V Versicherung for insurance; merchant acquiring and POS solutions are commonly available via VR Payment. Digital channels include online banking and the VR Banking App with standard PSD2-compliant authentication methods (e.g., app-based TAN or chipTAN), SEPA transfers, and contactless payments, while cards can be used across the Volksbanken Raiffeisenbanken BankCard ServiceNetz ATMs; fees for cash withdrawals at third-party ATMs, instant payments, paper-based transactions, and card services may apply depending on the account model. Business clients typically find working-capital loans, investment financing, cash management, and payment acceptance services oriented to regional needs, including agriculture and crafts. Deposits are covered by the German statutory deposit guarantee up to 100,000 EUR per depositor via BVR Institutssicherung; the cooperative sector also maintains an institutional protection scheme designed to prevent bank failure. The bank is subject to supervision by BaFin and the Deutsche Bundesbank. As with most regional institutions, product availability, pricing, service hours, and digital features can vary and are set out in the published price and service list. Potential constraints include a primarily regional footprint, limited breadth in international services, and conditions that may favor existing clients or members for certain products.