Volksbank Rhein-Lippe eG products, services and reviews

About Volksbank Rhein-Lippe eG

Volksbank Rhein-Lippe eG is a regional cooperative bank in North Rhine-Westphalia serving the Rhein-Lippe area, organized as a member-owned institution within the Volksbanken Raiffeisenbanken network; customers can become members by subscribing cooperative shares and exercising voting rights via representative structures. The bank provides retail and business banking services including current accounts with tiered fee models, savings and term deposits, consumer and mortgage lending, payment services, cards (girocard and credit cards), securities custody and brokerage with access to funds from Union Investment and other providers, and insurance products in cooperation with R+V Versicherung; for SMEs it offers working-capital and investment financing, liquidity management, and POS/online payment solutions. Digital access is available through online banking and the VR BankingApp, with PSD2-compliant two-factor authentication via the SecureGo plus app or a TAN generator; Apple Pay and Google Pay are supported where product setup and card type allow. Cash services are available through the nationwide VR-BankCard ServiceNetz of Volksbanken Raiffeisenbanken ATMs. Deposits are protected by the German statutory deposit guarantee (BVR Institutssicherung GmbH) up to 100,000 euros per depositor; the institutional protection scheme of the BVR also aims to safeguard member institutions. The bank is supervised by BaFin and the Deutsche Bundesbank and is audited by a cooperative auditing association; financial statements are prepared under the German Commercial Code. Prices, interest rates, eligibility, and product availability depend on customer profile and are subject to change; credit decisions and investment products involve risks.