Volksbank Nottuln eG products, services and reviews

About Volksbank Nottuln eG

Volksbank Nottuln eG is a regional German cooperative bank based in Nottuln that operates within the Volksbanken Raiffeisenbanken network and focuses on retail and small to mid-sized business clients in its local market. It offers current accounts, savings and term deposits, overdrafts, consumer loans, mortgages, and business financing (e.g., working capital and investment loans), along with payments and merchant services through cooperative group providers. Securities and investment funds are typically distributed via group partners such as Union Investment and custody is handled within the cooperative infrastructure; insurance products are commonly offered through R+V Versicherung. The bank issues girocard and, via the cooperative network, Mastercard or Visa debit/credit cards; cash access is available across the nationwide cooperative ATM network, with out-of-network withdrawals generally subject to fees per the bank’s tariff. Digital channels include online banking and the VR Banking app with strong customer authentication via TAN procedures (app-based and chipTAN), and support for SEPA transfers and standing orders; availability of mobile wallets for cards depends on the specific card product. Account models are usually fee-based with monthly maintenance charges and pricing that varies by package and transaction type; paper statements, manual services, and additional cards may incur extra costs, and business accounts follow separate pricing. As a cooperative, customers may be asked to subscribe for one or more cooperative shares to become members; members have voting rights in the general assembly and potential dividend payments on shares depend on annual results and resolutions and are not guaranteed. Deposits are protected by the BVR Institutssicherung (the statutory scheme recognized as an institutional protection system) up to the legal limit per depositor, and the cooperative sector also maintains an additional institutional protection arrangement intended to prevent insolvency; scope and conditions are defined by the schemes’ rules. The bank is supervised by BaFin and the Deutsche Bundesbank, processes payments under PSD2 requirements, and handles international transfers via the cooperative group’s correspondent network. Branch presence is concentrated in Nottuln and the surrounding area, with advisory services typically available by appointment; product availability, interest rates, fees, and limits are subject to change and are detailed in the bank’s price and service schedule.