Volksbank Senden eG products, services and reviews

About Volksbank Senden eG

Volksbank Senden eG is a regional cooperative bank based in Senden, Germany, operating within the Genossenschaftliche FinanzGruppe (Volksbanken Raiffeisenbanken) and supervised by BaFin and the Deutsche Bundesbank. As a member-owned institution (eG), it offers standard retail and small-business services, including giro accounts, savings and term deposits, overdrafts, consumer loans, mortgages and construction financing, card products (girocard and commonly Mastercard/Visa via the cooperative network), SEPA payments, and securities and fund distribution typically via network partners such as DZ BANK and Union Investment; insurance and home-savings contracts are generally available through R+V Versicherung and Bausparkasse Schwäbisch Hall. Digital banking is provided via an online portal and the VR Banking App with PSD2-compliant strong customer authentication using app-based TAN or chip-TAN methods; e-statements and secure messaging are standard. Cash services are supported through the cooperative BankCard ServiceNetz ATM network; fees may apply outside the network. Pricing follows published schedules (Preis- und Leistungsverzeichnis) with account packages, card fees, brokerage and custody fees, and loan conditions varying by usage and credit profile; membership via cooperative shares is optional for customers and can carry a variable dividend subject to approval. Deposits are protected by the legally recognized institutional protection scheme of the National Association of German Cooperative Banks (BVR), which functions as a deposit guarantee up to the statutory limits. The bank focuses on its local market with branch and advisory services in the surrounding area; account opening typically requires standard identification and, for credit products, SCHUFA-based checks. Mobile wallet support (e.g., Apple Pay/Google Pay) depends on the specific cards issued. International services beyond SEPA are available but not a core focus. Terms, availability, and service hours are regional and subject to change.