Raiffeisenbank Strücklingen-Idafehn eG products, services and reviews

About Raiffeisenbank Strücklingen-Idafehn eG

Raiffeisenbank Strücklingen-Idafehn eG is a regional German cooperative bank serving the Strücklingen (Saterland) and Idafehn/Ostrhauderfehn area as part of the Volksbanken Raiffeisenbanken network. It offers current accounts, savings and term deposits, payment services, girocard and optional Mastercard/Visa credit cards, consumer and housing loans, and services for self-employed, SMEs, and agricultural clients; securities custody and investment products are typically distributed via cooperative partners such as Union Investment, building finance via Bausparkasse Schwäbisch Hall, and insurance via R+V Versicherung. Access is provided through local branches and self-service terminals, the BankCard ServiceNetz ATM network, online banking, and the group’s VR Banking app; strong customer authentication is supported via app-based TAN (e.g., VR SecureGo plus) and chipTAN card readers. Pricing is set out in the bank’s Preis- und Leistungsverzeichnis and commonly structured as account packages with monthly maintenance fees and separate charges for selected transactions or cards; interest rates and fees can change. As a cooperative, customers can acquire membership shares that confer voting rights in the general meeting; any dividend on shares depends on annual results and corporate decisions and is not assured. The bank is supervised by BaFin and the Deutsche Bundesbank; deposits are covered by the statutory BVR Institutssicherung GmbH up to 100,000 euros per depositor and bank, and the cooperative group’s additional institutional protection scheme (BVR Sicherungseinrichtung) is designed to prevent member institution insolvency. The geographic footprint is local, so in-branch availability depends on site hours and staffing, while digital channels and the shared ATM network provide broader access. Account opening and lending follow standard German KYC and creditworthiness checks, with identification typically completed in branch or via video/PostIdent; product availability and terms may differ by customer segment and are partly provided through cooperative group companies under separate conditions.