Raiffeisenbank Neustadt-Vohenstrauß eG products, services and reviews

About Raiffeisenbank Neustadt-Vohenstrauß eG

Raiffeisenbank Neustadt-Vohenstrauß eG is a regional cooperative bank serving private, business, and agricultural clients in the Neustadt an der Waldnaab and Vohenstrauß area of Bavaria. As part of the Volksbanken Raiffeisenbanken network, it provides current accounts, savings and term deposits, consumer and mortgage financing, construction loans, SEPA payments and international transfers, and day-to-day cash management; corporate banking covers working-capital and investment loans, merchant acquiring and e-commerce acceptance via group partners, and advisory on public development programs such as KfW and LfA Bayern. Investment and insurance offerings are integrated through the cooperative financial group, including custody and brokerage, funds from Union Investment, building society contracts via Bausparkasse Schwäbisch Hall, and insurance from R+V Versicherung; trade finance and capital markets services use the infrastructure of DZ BANK. Access channels include local branches and self-service devices, online and mobile banking with strong customer authentication, and card payments via girocard and credit cards with contactless functionality; cash withdrawals are available across the nationwide Volksbanken Raiffeisenbanken ATM network. As a cooperative (eG), customers can become members by subscribing shares and hold voting rights in the general assembly; any dividend on shares is determined annually. Deposits are protected by the BVR Institutssicherung (statutory coverage up to €100,000 per depositor) and the additional institutional protection scheme of the cooperative group. Pricing follows the legally required price and service list, with account packages, cards, and out-of-network services subject to fees; interest rates and conditions are set locally and vary by product. The institution is licensed in Germany and supervised by BaFin and the Deutsche Bundesbank; identification for onboarding follows AML requirements, typically via PostIdent or VideoIdent. Digital security follows PSD2 standards with app-based TAN or chipTAN procedures; availability of mobile wallets depends on the issued card product. The bank’s activities focus on the local economy, with lending largely funded by regional deposits and risk management aligned with cooperative sector frameworks.