Kreis- und Stadtsparkasse Kaufbeuren, part of the Sparkassen Finanzgruppe, is the 248th largest savings bank in Germany.
The bank specializes in retail banking services for individuals, small and medium-sized enterprises, and public institutions. By prioritizing local economic development and community prosperity over profit maximization, it maintains a conservative risk approach, reflected in its strong credit ratings.
In 2022, Kreis- und Stadtsparkasse Kaufbeuren achieved the position of 509th largest bank in Germany with a market share of 0.02%; its total assets grew by 1.97%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Kreis- und Stadtsparkasse Kaufbeuren.
Kreis- und Stadtsparkasse Kaufbeuren ranked as the 509th largest bank in Germany by total assets. In 2022 its total assets were 1,887.51 mln EUR, representing a 0.02% market share. It was also the 248th largest savings bank in Germany, commanding a 0.12% share among savings banks. As of 2022, the bank employed 267 people.
Kreis- und Stadtsparkasse Kaufbeuren is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Kreis- und Stadtsparkasse Kaufbeuren 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 Institutional Protection Scheme of the Savings Banks Finance Group, making regular contributions into it.
Kreis- und Stadtsparkasse Kaufbeuren was located in Kaufbeuren.