Stadtsparkasse Dessau products, services and reviews

About Stadtsparkasse Dessau

Stadtsparkasse Dessau is a public-law savings bank serving private and business customers in Dessau-Roßlau and the surrounding area. Its product set covers current accounts, savings and term deposits, overdrafts, consumer loans, residential mortgages and construction financing, debit cards (girocard and, depending on the model, co-badged Debit Mastercard or Visa Debit), credit cards via Sparkassen-Finanzgruppe partners, securities custody and brokerage via group platforms, investment funds from Deka, and insurance solutions offered through affiliated providers. Account models generally carry monthly maintenance fees that vary by package and channel usage; youth and student accounts may be discounted; paper statements and certain in-branch transactions can incur charges; cash withdrawals with a Sparkassen-Card are typically free at Sparkassen ATMs nationwide, while third‑party ATM usage, card payments outside the euro area, and foreign currency cash withdrawals may attract fees and exchange markups. Digital banking includes web banking and the Sparkassen app with pushTAN or chipTAN two‑factor authentication, plus Apple Pay and Google Pay; SEPA payments and standing orders are standard, and international transfers via SWIFT are available at additional cost. The bank operates local branches and self‑service terminals with limited counter hours compared with online channels. Business clients have access to working capital and investment loans, cash management, POS solutions, and advisory services. Stadtsparkasse Dessau is municipally owned, supervised by BaFin and the Deutsche Bundesbank, and participates in the Sparkassen-Finanzgruppe institutional protection scheme recognized as a deposit guarantee system; statutory coverage applies up to €100,000 per depositor, and the IPS aims to prevent insolvency. Customer complaints can be escalated to the Sparkassen ombudsman. Pricing, interest rates, and lending decisions depend on individual circumstances and creditworthiness.