Volksbank Schwanewede eG

Volksbank Schwanewede eG is a German cooperative bank (Genossenschaftsbank) headquartered in the municipality of Schwanewede in the Osterholz district of Lower Saxony. It was founded on 1 May 1901 as the Spar- und Darlehnskasse Schwanewede eGmuH (a registered cooperative with unlimited liability) and has retained its independence to the present day. As a cooperative, the bank is owned by its members rather than by public shareholders, and it is entered in the cooperative register at the Amtsgericht Walsrode under GnR 120016. The bank operates a universal banking business, meaning it offers a broad range of retail and commercial financial services rather than specialising in a single niche. Its product range for private customers, as presented on its website, includes online banking, debit and credit cards (including Mastercard), overdraft facilities (Dispokredit), consumer credit such as easyCredit, and building-savings contracts (Bausparen). For business customers it highlights business accounts, start-up financing supported by public funding programmes, and entrepreneur loans of up to EUR 100,000. It also offers membership, which gives members a say in the cooperative and a share in its results. In its Verbund (network) business, Volksbank Schwanewede works with partners of the cooperative financial group, including DZ Bank, R+V Versicherung, Bausparkasse Schwäbisch Hall, Teambank, VR Leasing, DZ Hyp and Union Investment. Its business area covers the western part of the Osterholz district, and apart from its head office it operates no further branches. The bank is affiliated with the officially recognised protection scheme of the Bundesverband der Deutschen Volksbanken und Raiffeisenbanken (BVR) as well as the additional voluntary protection scheme of the same association. As a small, locally rooted institution, Volksbank Schwanewede positions itself as a relationship bank for its region, combining personal service with digital channels such as online banking and an online service office. Its legal framework is the German Cooperative Act (Genossenschaftsgesetz) and its own statutes adopted by the general assembly; its governing bodies are the board of directors (Vorstand), the supervisory board (Aufsichtsrat) and the general assembly (Generalversammlung).

Volksbank Schwanewede eG was founded on 1 May 1901 as the Spar- und Darlehnskasse Schwanewede eGmuH, a registered cooperative with unlimited liability (Eingetragene Genossenschaft mit unbeschränkter Haftpflicht). This organisational form was typical of the cooperative movement founded by Hermann Schulze-Delitzsch and Friedrich Wilhelm Raiffeisen, which spread across Germany in the late 19th and early 20th centuries to provide credit to people and small businesses that were underserved by established banks. From its founding, the institution has retained its independence and has not been absorbed into a larger regional bank, which distinguishes it from many small German cooperative banks that merged during consolidation waves in the 20th century. It continues to operate under the legal form of a registered cooperative (eG) and is entered in the cooperative register at the Amtsgericht Walsrode under GnR 120016. Over the decades the bank has developed into a universal bank offering a full range of retail and commercial banking services. Its business area is the western part of the Osterholz district in Lower Saxony, and it operates from its head office in Schwanewede without additional branches. In its network business it cooperates with the institutions of the German cooperative financial group, including DZ Bank, R+V Versicherung, Bausparkasse Schwäbisch Hall, Teambank, VR Leasing, DZ Hyp and Union Investment. The bank is a member of the protection scheme of the Bundesverband der Deutschen Volksbanken und Raiffeisenbanken (BVR), which safeguards the deposits of cooperative banks in Germany. Its legal basis is the German Cooperative Act and its own statutes, with governance by a board of directors, a supervisory board and a general assembly of members. As a cooperative, it is owned by its members, who participate in decisions and share in the bank's results.

• 1901

  Founded on 1 May 1901 as Spar- und Darlehnskasse Schwanewede eGmuH.

• Retained independence and continues to operate as a registered cooperative (eG) under GnR 120016 at Amtsgericht Walsrode.

Independent, locally rooted cooperative universal bank for private and business customers in the western Osterholz district.

• OnlineBanking

  Digital banking channel for managing accounts and transactions.

• Debit and credit cards (Mastercard)

  Cards issued in cooperation with Mastercard.

• Dispokredit

  Overdraft facility with interest charged only on the amount used.

• easyCredit

  Instant consumer loan offered through the cooperative network.

• Bausparen

  Building-savings contracts for home financing, in cooperation with Bausparkasse Schwäbisch Hall.

• Business account

  Account for commercial payment transactions.

• Start-up financing

  Financing for founders, supported by public funding programmes.

• Entrepreneur loan

  Loans for business plans up to EUR 100,000.

1. 1Startseite - Volksbank Schwanewede eGvoba-schwanewede.de
2. 2Volksbank Schwanewede – Wikipediade.wikipedia.org
3. 3Volksbank Schwanewede – Wikidatawikidata.org