Volksbank Seppenrade eG is a cooperative bank owned by its members via shares.Volksbank Seppenrade eG provides retail banking products and services to its customersfocusing on customer requirements and development of local economy, paying special attention tosmall and medium-sized enterprises (SMEs).
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Volksbank Seppenrade eG.
Volksbank Seppenrade eG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Volksbank Seppenrade eG protects deposits up to up to 100,000 EUR per depositor through Germany's deposit guarantee scheme. The scheme applies to all deposit accounts made by individuals, companies. The bank participates in the BVR Institutssicherung GmbH, making regular contributions into it.
Volksbank Seppenrade eG is a member of DZ Bank (Germany).
Volksbank Seppenrade eG was located in Lüdinghausen.
Volksbank Seppenrade eG provides products and services in the areas of retail banking, business banking, insurance. Volksbank Seppenrade eG offers a range of products including current accounts, debit cards, credit cards, savings accounts, time deposit accounts, pension plans, consumer loans, car loans, mortgage loans, trading accounts. Volksbank Seppenrade eG makes its solutions available to natural persons, small- and medium-sized enterprises, companies.
Products and services offered by Volksbank Seppenrade eG are available at its branches and via its online banking system, mobile application, call center.
Volksbank Seppenrade eG has received a rating from Fitch, a major credit rating agency. This rating assesses the institution's financial stability and creditworthiness.
Rating Category / Outlook | Value |
---|---|
Long-Term Issuer Default Rating | A+ (high credit quality) |
Outlook | stable |
On Watch | No |
Short-Term Issuer Default Rating | F1+ (highest short-term credit quality) |
Viability Rating | - |
Support Rating | - |
Support Rating Floor | - |
The long-term issuer rating measures the bank’s ability tomeet its financial obligations, while the short-term rating reflects itsshort-term creditworthiness. The stable outlook means Fitch does not expect this rating to change in the near future.
Discover key identifiers of Volksbank Seppenrade eG including its BIC, MFI ID.
BIC: GENODEM1LSP
The BIC (also known as SWIFT code) for Volksbank Seppenrade eG is GENODEM1LSP. It is used in financial transactions like cross-border and SEPA payments, and helps identify the bank in global banking systems.
Key | Value |
---|---|
BIC | GENODEM1LSP |
Bank BIC Code | GENO |
Country Code | DE (Germany) |
Location Code | M1 |
Branch Code | LSP |
MFI ID: DE02989
Volksbank Seppenrade eG’s MFI ID, DE02989, is assigned by the European Central Bank to identify the institution within the EU's financial system. The first two digits represent Germany (DE), followed by the institutions's internal ID.
Key | Value |
---|---|
MFI ID | DE02989 |
Country Code | DE |
MFI Code | 02989 |
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