Volksbank Geeste-Nord eG products, services and reviews

About Volksbank Geeste-Nord eG

Volksbank Geeste-Nord eG is a German cooperative bank (eingetragene Genossenschaft) within the Genossenschaftliche FinanzGruppe, focusing on retail and small to mid-sized business clients in its regional market. The product set covers standard current accounts, savings and term deposits, consumer loans, mortgages, and business banking services such as business accounts, overdrafts, cash management, and merchant acquiring via the group’s provider (VR Payment); leasing and asset finance are typically arranged through cooperative network partners. Investment and securities services are offered through the group (e.g., custody accounts and funds from Union Investment), insurance is distributed via R+V Versicherung, and building society savings contracts are available via Schwäbisch Hall; consumer financing via TeamBank (easyCredit) may also be offered. Pricing is set out in the bank’s Preis- und Leistungsverzeichnis and commonly includes monthly account package fees plus charges for paper-based transactions, card issuance or replacement, out-of-network cash withdrawals, and overdraft usage; withdrawals are generally surcharge-free at Volksbanken Raiffeisenbanken ATMs in the BankCard ServiceNetz. Digital access includes online banking with PSD2 strong customer authentication, the VR Banking App, SEPA transfers, and card controls; Apple Pay and Google Pay support is available for eligible cards, and corporate clients can use EBICS for payments and file transfers. As a cooperative institution, customers can become members by subscribing cooperative shares, gaining voting rights on a one-member-one-vote basis; any dividend on shares is variable and not guaranteed. The bank is supervised by BaFin and the Deutsche Bundesbank, and customer deposits are protected by the cooperative institutional protection scheme (BVR-Sicherungseinrichtung) and the statutory deposit guarantee via BVR Institutssicherung GmbH, with coverage for eligible deposits up to 100,000 euros per depositor; the institutional scheme is designed to prevent insolvency of member institutions. Branch services are complemented by self-service terminals, while opening hours, product availability, and conditions can differ by location and are subject to change under ongoing sector adjustments and regulatory requirements.