Volksbank Niederrhein eG products, services and reviews

About Volksbank Niederrhein eG

Volksbank Niederrhein eG is a German cooperative bank (eingetragene Genossenschaft) serving the Niederrhein region and operating within the Genossenschaftliche FinanzGruppe of Volksbanken Raiffeisenbanken. Its product set covers retail and SME banking, including current and savings accounts, girocard and credit cards, consumer and mortgage lending, construction financing, investment and securities brokerage, building savings, and insurance and pensions via group partners, alongside corporate services such as business accounts, working-capital and investment financing, cash management, and merchant solutions. Access is provided through regional branches, online banking and mobile apps with two-factor authentication in line with PSD2, and the nationwide cooperative ATM network; SEPA and SWIFT transfers are supported. Pricing and interest conditions vary by account and product; typical cost drivers include monthly account packages, transaction allowances, card issuance and usage, withdrawals outside the cooperative network, and paper-based services. Account opening for private and business customers follows German KYC and credit checks; a legally mandated basic account is available, and customers may subscribe cooperative shares that grant membership and voting rights, with any dividend subject to resolution and not guaranteed. Deposits are protected by the institutional protection scheme of the National Association of German Cooperative Banks (BVR), which includes the statutory guarantee of up to 100,000 EUR per depositor; additional institutional protection aims to prevent member bank insolvency. The institution is supervised under German banking law by BaFin and the Deutsche Bundesbank. As a regional bank, product availability, advisory capacity, and service hours reflect its local footprint; prospective customers should review current conditions, fee schedules, and digital features before engagement.