Volksbank Hohenlimburg eG products, services and reviews

About Volksbank Hohenlimburg eG

Volksbank Hohenlimburg eG is a regional German cooperative bank based in Hohenlimburg (Hagen, North Rhine-Westphalia) and part of the Genossenschaftliche FinanzGruppe. Its core business covers retail and small-business banking, including current accounts, savings and term deposits, consumer and mortgage lending, business loans and working-capital facilities, domestic and cross-border payments (SEPA/SWIFT), card services (girocard and credit cards issued via group partners), cash services and ATM access within the BankCard ServiceNetz, online and mobile banking through the VR Banking App with strong customer authentication under PSD2, as well as securities brokerage and funds distribution (via group partners such as DZ BANK/Union Investment), insurance (R+V) and building-society savings and loans (Schwäbisch Hall). As a registered cooperative (eG), customers may subscribe cooperative shares to become members with voting rights at the general meeting; any dividend on cooperative shares depends on annual results and a member resolution. Pricing typically follows account models with monthly maintenance fees and pay-per-use charges for defined transactions and channels; binding terms are set out in the bank’s schedule of prices and services and in product-specific conditions. Deposits are covered by the institutional protection scheme of the Cooperative Financial Network and by the statutory deposit guarantee up to 100,000 euros per eligible depositor via BVR Institutssicherung GmbH; the institutional scheme is designed to stabilize member institutions and prevent insolvency. The bank is supervised by BaFin and the Deutsche Bundesbank. Service delivery combines branch-based advisory and self-service infrastructure with digital channels; availability, limits, and eligibility depend on the product and customer profile, and lending remains subject to credit checks and regulatory requirements.