Volksbank RheinAhrEifel eG products, services and reviews

About Volksbank RheinAhrEifel eG

Volksbank RheinAhrEifel eG is a regional cooperative bank within the Volksbanken Raiffeisenbanken network, serving private and corporate clients in the Rhein-Ahr-Eifel area and neighboring regions. Its offering includes current accounts and cards, savings and term deposits, consumer financing, home loans and construction financing, and corporate lending for SMEs and agricultural businesses, supplemented by leasing and factoring through cooperative group partners and access to public development programs such as KfW. Investment and securities services are available via custody accounts, brokerage, and funds from Union Investment, with additional products such as building society contracts from Schwäbisch Hall and insurance from R+V. Payment services cover SEPA transfers, instant payments where enabled, giropay for e-commerce and P2P, girocard and debit/credit cards with contactless functionality, and support for digital wallets such as Apple Pay and Google Pay. Digital banking is provided through online banking and the VR Banking App, including PSD2-compliant strong customer authentication (e.g., SecureGo plus), an electronic mailbox for statements, and card management features; customers also have access to the cooperative ATM network (BankCard ServiceNetz) and cash services at selected locations. The bank operates branches and advisory centers across its market area, with service available via in-person appointments, telephone, and secure messaging. Pricing follows the published schedule of prices and services, with account models that may include monthly package fees and transaction-based charges and separate conditions for youth and student accounts. As a member-owned cooperative, customers can become members by acquiring shares, with voting rights at the general meeting and oversight by a supervisory board; the institution is supervised by BaFin and the Deutsche Bundesbank. Deposits are protected up to 100,000 euros per depositor under the statutory scheme, and the bank participates in the BVR institutional protection system specific to the cooperative sector.