Volksbank Heimbach eG products, services and reviews

About Volksbank Heimbach eG

Volksbank Heimbach eG is a regional cooperative bank within the Volksbanken Raiffeisenbanken network, operating on a member-owned model in which customers can acquire cooperative shares and exercise voting rights at the general meeting, with dividends on shares possible if decided by the institution. Its offering covers standard retail and small-business banking, including current accounts with monthly account management fees depending on the package, savings and term deposit options, consumer loans, mortgages and building finance, as well as business credit, cash management and basic merchant services provided through group solutions. Payments are supported via girocard and commonly issued credit cards, with access to a broad shared ATM network of cooperative banks; withdrawals outside this network typically incur fees. Online and mobile banking are available, with strong customer authentication through app-based or chipTAN procedures, secure messaging, and standard functions such as SEPA transfers and standing orders; international transfers are supported via SWIFT subject to fees and cut-off times. Corporate clients can obtain electronic banking with EBICS where offered, and POS/e-commerce acceptance through group providers. The bank is subject to German banking supervision and PSD2 requirements, participates in the statutory deposit guarantee up to 100,000 EUR per depositor via BVR Institutssicherung GmbH, and is additionally protected by the cooperative institutional protection scheme designed to safeguard member institutions and thereby customer deposits. Service is delivered through a small local branch footprint and remote channels (phone, email, online), with identification for new accounts typically via branch visit or standard procedures such as PostIdent/VideoIdent depending on availability. Pricing, interest rates, account features, card options and digital capabilities are set locally and can differ from other cooperative banks, so prospective customers should review the current price and service list, product information sheets and deposit insurance disclosures before opening an account or applying for credit.