Volksbank Hellweg eG products, services and reviews

About Volksbank Hellweg eG

Volksbank Hellweg eG is a German cooperative bank (eingetragene Genossenschaft) operating in the Hellweg region of North Rhine-Westphalia as part of the Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken. It focuses on retail and small to mid-sized business banking, offering current accounts with package-based pricing, savings and term deposits, consumer loans and overdrafts, mortgage financing, business accounts with liquidity and payments solutions, and services for self‑employed clients. Payment cards typically include girocard and credit cards (Visa/Mastercard) with usage‑dependent fees, and cash access is available through its branches and the broader cooperative ATM network in Germany. Digital access is provided via online banking and the VR Banking App with multi‑factor authentication; corporate clients can use EBICS and other file‑based interfaces for payments. Investment and insurance distribution is integrated through group partners such as Union Investment and R+V Versicherung, and home‑savings contracts are usually offered via Bausparkasse Schwäbisch Hall; real estate brokerage and building finance advisory are commonly available. As a cooperative, customers can become members by purchasing shares, gaining voting rights in the representatives’ assembly; any dividend on shares depends on annual results and a resolution by the assembly and is not guaranteed. Deposits are protected under the German statutory scheme up to 100,000 EUR per depositor, implemented for the cooperative sector through BVR Institutssicherung GmbH; the voluntary institutional protection scheme of the BVR also exists but does not create a legal claim for compensation. The bank is supervised by BaFin and the Deutsche Bundesbank and publishes annual financial statements and disclosures as required by German and EU banking regulations. Pricing, interest rates, and product eligibility depend on the chosen account model and individual risk assessment, with details set out in the bank’s price and service list and pre‑contractual information; customers should review fees for account management, cards, transfers, and overdrafts, and note that conditions may change with market rates and regulatory requirements.