Sparkasse Mittelthüringen products, services and reviews

About Sparkasse Mittelthüringen

Sparkasse Mittelthüringen is a public-law savings bank (Anstalt des öffentlichen Rechts) serving the Erfurt, Weimar and Sömmerda region in Thuringia, operating within the Sparkassen-Finanzgruppe. It offers standard retail and business banking, including current accounts (Girokonten), savings products, term deposits, consumer loans, overdrafts, mortgages, and financing for SMEs and public-sector clients, alongside securities services via group partners such as Deka and brokerage options, insurance solutions from Sparkassen-Finanzgruppe providers, and local real estate brokerage. Distribution combines branches, self-service terminals and a digital suite comprising online banking and the Sparkassen app with chipTAN or pushTAN for strong customer authentication, card management and secure messaging; Apple Pay and Google Pay are supported where activated, and 3‑D Secure (S-ID-Check) applies for card payments. Customers access the nationwide Sparkassen ATM network, and account opening is available in-branch or digitally (e.g., VideoIdent/PostIdent), subject to standard German KYC/AML checks, tax identification requirements and any residency limitations. Account models typically carry monthly maintenance fees and transaction charges that vary by package; youth and student conditions are available, overdraft interest is published by the bank, and the binding price list (Preisaushang/Entgeltinformationen) governs all fees; instant payments, international transfers via SEPA/SWIFT and foreign currency services are available with conditions per tariff. For merchants, the bank provides cash management, POS terminals and e-commerce acquiring via group partners (e.g., PAYONE) and offers leasing and factoring through affiliated providers within the group. Regulation is by BaFin and Deutsche Bundesbank under the applicable Thuringian savings bank law, with consumer and investor protections under German and EU rules (e.g., MiFID II for investment advice and cost disclosures). Deposits are protected by the statutory guarantee up to 100,000 euros per depositor under German law, and Sparkasse Mittelthüringen participates in the Sparkassen-Finanzgruppe institutional protection scheme designed to prevent insolvency within the group. Product availability, eligibility, interest rates and fees change over time; current terms, risk disclosures and annual/periodic financial reports are provided on the bank’s website and in-branch.