VR Bank Schleswig-Mittelholstein eG products, services and reviews

About VR Bank Schleswig-Mittelholstein eG

VR Bank Schleswig-Mittelholstein eG is a regional cooperative bank in the Volksbanken Raiffeisenbanken network serving private and business customers in Schleswig-Holstein. It offers the standard range of German retail banking services, including current accounts with tiered pricing, savings and term deposit options, consumer and mortgage loans, and payment cards (girocard and credit/debit cards) with access to the cooperative BankCard ServiceNetz of ATMs; fees can apply for withdrawals outside the network and for certain cash or paper-based services. Digital access includes online banking and the VR Banking App, alongside a branch and self-service terminal footprint in its catchment area; account opening is typically supported via VideoIdent or PostIdent. Investments and securities services are provided through partners in the cooperative financial network, and insurance products are commonly distributed via R+V; business customers can obtain lending, cash management, merchant acceptance and point-of-sale solutions (via VR Payment), and leasing or working capital options through affiliated providers. As a registered cooperative (eG), customers can become members by acquiring shares and receive voting rights in the general meeting; any dividend on cooperative shares is discretionary and depends on annual results and resolutions. Deposits are covered by Germany’s statutory deposit guarantee up to 100,000 euros per depositor and by the institutional protection scheme of the BVR, which aims to prevent insolvency. Conditions, pricing, card features and mobile wallet compatibility vary by product and are subject to change; detailed terms are available from the bank.