Raiffeisenbank Schwaben Mitte eG products, services and reviews

About Raiffeisenbank Schwaben Mitte eG

Raiffeisenbank Schwaben Mitte eG is a regional German cooperative bank serving private and business customers in the Swabian area. As a member of the Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken, it offers standard retail and SME banking services including current accounts with package-based pricing, girocard and optional credit cards, SEPA payments, savings and term deposits, securities brokerage and funds distributed via group partners (e.g., Union Investment), building society contracts via Schwäbisch Hall, insurance solutions via R+V, consumer installment loans, mortgages and real estate financing, and corporate products such as working capital facilities, equipment finance, and merchant payment services. Digital access is provided through online banking and the VR Banking app, with two-factor authentication typically via app-based TAN or chipTAN card readers; branch-based advisory remains part of the model. Deposits are protected by the German statutory scheme (up to the legal limit per depositor) and the institutional protection system of the cooperative association, while the bank is supervised by BaFin and the Deutsche Bundesbank. As a cooperative (eG), eligible customers can subscribe for shares, obtain voting rights, and may receive a dividend if resolved; cooperative shares are not demand deposits and are subject to notice periods and bylaws. Fees and conditions vary by account model and service, ATM withdrawals are generally free within the cooperative network, and out-of-network and foreign services can incur charges. Pricing, availability of products, and interest rates are local and subject to change; prospective customers should review the current price list, terms, and membership statutes before onboarding.