SKG Bank was founded in Saarbrücken in 1953 by Landesbank Saar. Since 2008 the bank was a wholly owned subsidiary of Deutsche Kreditbank. On July 2015 SKG Bank was merged with its parent company, Deutsche Kreditbank and started operating as a brand of Deutsche Kreditbank rather than a independent bank.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in SKG BANK AG.
SKG BANK AG participates in the deposit guarantee scheme of Germany which applies to all deposit accounts made by individuals, companies and covers up to up to 100,000 EUR per bank per depositor. SKG BANK AG is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.
SKG BANK AG was headquartered in Saarbrücken.