Raiffeisenbank Niedere Alb eG products, services and reviews

About Raiffeisenbank Niedere Alb eG

Raiffeisenbank Niedere Alb eG is a regional cooperative bank (eingetragene Genossenschaft) operating within the Volksbanken Raiffeisenbanken network, serving private and business customers in its local market in Germany. The bank offers current accounts with tiered package options, SEPA transfers, standing orders, girocard access, and optional credit cards, along with online and mobile banking using TAN-based two‑factor authentication and electronic statements; cash withdrawals are available via the BankCard ServiceNetz at ATMs of participating cooperative banks. Product lines include savings and term deposits, securities custody and brokerage with access to investment funds through network partners, building society savings and home financing solutions, consumer loans and overdrafts, and mortgage and business lending, including access to promotional loans (e.g., KfW) where eligibility applies; corporate services encompass cash management, POS terminals, and e‑commerce payments via VR Payment, and insurance products are typically distributed through R+V Versicherung. As a cooperative, customers may acquire membership shares that confer voting rights and potential dividend distributions subject to annual resolutions; membership is not a guarantee of product approval or preferential terms. Pricing is set locally and published in the bank’s Preis‑ und Leistungsverzeichnis, with common charges including monthly account fees, card fees, securities custody and transaction fees, and higher fees for paper‑based orders; interest rates and conditions vary by product and risk profile. Raiffeisenbank Niedere Alb eG is supervised by BaFin and the Deutsche Bundesbank; deposits are covered up to 100,000 EUR per depositor under the statutory scheme of BVR Institutssicherung GmbH, and the cooperative sector’s institutional protection scheme (Sicherungseinrichtung des BVR) provides additional, non‑statutory support aimed at preventing insolvency. Services and documentation are primarily in German, product availability can be limited to the bank’s defined service area, and international capabilities are focused on SEPA rather than broader cross‑border or multicurrency solutions.