Rostocker Volks- und Raiffeisenbank eG products, services and reviews

About Rostocker Volks- und Raiffeisenbank eG

Rostocker Volks- und Raiffeisenbank eG is a regional cooperative bank based in Rostock, Germany, serving private and corporate clients in Rostock and surrounding areas of Mecklenburg-Vorpommern. As part of the Genossenschaftliche FinanzGruppe (cooperative financial network) around DZ BANK, it offers current accounts, savings and term deposits, consumer loans, mortgage financing (including access to KfW programs), and securities services, with investment funds typically distributed via Union Investment and insurance products via R+V Versicherung; building society savings are available through Schwäbisch Hall, and business customers can access payment acceptance solutions via VR Payment and leasing/SME finance via network partners. Accounts generally come with monthly package fees and charges that depend on usage, cards, and channels; pricing is published in the bank’s price and service list, and cash services or third‑party ATM use can incur separate costs. Payment services cover SEPA transfers, standing orders, and card payments; card and wallet compatibility depends on the specific debit or credit card issued and device support. Access is provided through local branches and advisory appointments, online banking, and the VR Banking app, and cash is available across the cooperative BankCard ServiceNetz ATM network. Deposits are protected up to €100,000 per depositor under the statutory scheme implemented by BVR Institutssicherung GmbH; the cooperative sector also maintains an additional institutional protection system (BVR Sicherungseinrichtung). As an eG, customers can become members by acquiring cooperative shares and receive voting rights; any dividend on shares is contingent on the bank’s results and resolutions. The bank is supervised by BaFin and the Deutsche Bundesbank and is a member of the Bundesverband der Deutschen Volksbanken und Raiffeisenbanken (BVR). Prospective customers should review the current price list, interest conditions, branch coverage, and digital features for fit with their requirements.