Volksbank Raiffeisenbank Bad Kissingen eG products, services and reviews

About Volksbank Raiffeisenbank Bad Kissingen eG

Volksbank Raiffeisenbank Bad Kissingen eG is a regional cooperative bank based in Lower Franconia (Bavaria) and part of the Volksbanken Raiffeisenbanken network, operating under German cooperative law (eG) with member ownership and local governance via representatives’ assemblies. It provides standard retail and SME banking services including current accounts, savings and term deposits, consumer and mortgage lending, business lending and cash management, payment cards, securities custody and brokerage, and insurance and building-society products through group partners such as DZ BANK, Union Investment, R+V Versicherung, and Bausparkasse Schwäbisch Hall; merchant services are available via VR Payment. Access is via local branches, online banking, and the VR Banking app with strong customer authentication (e.g., SecureGo plus or chipTAN); girocard and internationally branded debit or credit cards are supported, with cash withdrawals via the BankCard ServiceNetz of the cooperative banks (fees may apply at third-party ATMs). As with most German banks, account packages typically carry monthly maintenance and transaction fees that vary by tariff, and pricing for payments, cards, securities, and loans is outlined in the legally required Preis- und Leistungsverzeichnis and the payment account fee information document. Deposits are protected by the institutional protection scheme of the National Association of German Cooperative Banks (BVR), which is recognized as a statutory deposit guarantee scheme; in general, statutory coverage is up to EUR 100,000 per depositor per bank, with an additional voluntary protection mechanism designed to prevent insolvency according to BVR rules. The bank is supervised by BaFin and the Deutsche Bundesbank and adheres to PSD2 requirements for payment services. Membership in the cooperative is optional and involves purchasing shares; any dividend depends on annual results and a members’ resolution and is not guaranteed. The institution focuses on its regional market, so branch coverage and face-to-face advisory are concentrated around Bad Kissingen and nearby communities; account opening, lending decisions, and certain advisory services typically require standard identity verification and credit checks (e.g., SCHUFA). Digital functionality, card wallet compatibility (such as Apple Pay or Google Pay), and specific fees or interest rates are determined by the bank’s current product lineup and terms, which are subject to change and should be verified against the latest disclosures and annual financial statements published on official channels.