Volksbank Schwanewede eG products, services and reviews

About Volksbank Schwanewede eG

Volksbank Schwanewede eG is a regional cooperative bank based in Schwanewede, Lower Saxony, organized as an eingetragene Genossenschaft and integrated into the nationwide Volksbanken Raiffeisenbanken network. It offers standard retail and small-business banking services, including current accounts, savings products, time deposits, consumer financing, residential mortgages, business accounts, and payment services. Securities custody and investment funds are typically provided via group partners such as DZ BANK and Union Investment, while insurance and building society savings are distributed through established cooperative affiliates (for example R+V Versicherung and Bausparkasse Schwäbisch Hall). Access is available through local branches, online banking, and the group’s VR Banking app, with strong customer authentication applied via app-based TAN or card-reader procedures in line with PSD2. Card and cash services are aligned with the cooperative group’s infrastructure, including access to the BankCard ServiceNetz ATMs across Germany. Pricing follows the fee-based model common among German cooperative banks, with account packages and individual service fees set by the institution and subject to change; customers should review the current price and service schedule before opening products. As a cooperative, clients can become members by subscribing to shares, gaining voting rights at the general meeting and the possibility of a dividend subject to annual results. Deposits are protected by the German statutory scheme up to 100,000 euros per depositor and by the institutional protection system of the Bundesverband der Deutschen Volksbanken und Raiffeisenbanken, which is designed to prevent member institutions from failing. The bank is subject to supervision by BaFin and the Deutsche Bundesbank. Service scope and digital feature depth reflect group standards but remain focused on the bank’s local market area.