Girish Mahajan (Editor)

VBU Volksbank im Unterland eG

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Industry
  
Financial Services

Founded
  
1904

Website
  
www.vbu-volksbank.de

Total assets
  
789 million EUR

VBU Volksbank im Unterland eG httpswwwvbuvolksbankdecontentf18651inter

Type
  
eingetragene Genossenschaft, e.G. (cooperative)

Headquarters
  
Schwaigern, Baden-Wuerttemberg, Germany

Key people
  
Siegfried Seitz (chairman), Jürgen Leiß

VBU Volksbank im Unterland eG is a cooperative German bank situated in Schwaigern, Baden-Wuerttemberg. The bank is a member of the Bundesverband der Deutschen Volksbanken und Raiffeisenbanken (the national association of German cooperative banks) as well as of the Baden-Wuerttembergischer Genossenschaftsverband (Association of Baden-Wuerttemberg’s cooperatives).

Contents

History

The bank's history is marked by several mergers of small cooperative banks from 1971 to 2002. Like these small institutes, VBU Volksbank im Unterland eG is founded on Friedrich Wilhelm Raiffeisen's and Franz Hermann Schulze-Delitzsch's cooperative philosophy.

Network of branches

The bank has its headquarters in Schwaigern and branches in Lauffen am Neckar, Leingarten, Massenbachhausen, Neckarwestheim, Nordheim, Schwaigern, Schwaigern-Massenbach, Schwaigern-Stetten. There are also three self-service-branches in Leingarten-Schluchtern, Nordheim-Nordhausen and in Schwaigern-Stetten.

Financial Services Network

VBU Volksbank im Unterland eG offers a full-range of banking services. Therefore, the bank cooperates with partners from the Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken (Cooperative Financial Services Network), such as:

  • Bausparkasse Schwäbisch Hall (cooperative home savings and loan company)
  • Union Investment (asset manager and investment funds society)
  • R+V Versicherung (insurance group)
  • Teambank (offering "EasyCredit", e.g. consumer credits)
  • DZ Bank (the cooperative bank's central bank)
  • VR Leasing (offering leasing and factoring)
  • DG Hyp (mortgage bank)
  • Protection Scheme / Guarantee Fund

    100 percent of the bank's customers' deposits are safeguarded by the "Sicherungseinrichtung des BVR" (The National Association of German Cooperative Banks' Protection Scheme).

    References

    VBU Volksbank im Unterland eG Wikipedia