Sparkasse Mecklenburg-Strelitz, part of the Sparkassen Finanzgruppe, is the 324th 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 2023, Sparkasse Mecklenburg-Strelitz achieved the position of 676th largest bank in Germany with a market share of 0.01%; its total assets grew by 5.31%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Sparkasse Mecklenburg-Strelitz.
Becoming a client of Sparkasse Mecklenburg-Strelitz can be done in a few steps:
Sparkasse Mecklenburg-Strelitz performs client's identity verification via branch visit.
Sparkasse Mecklenburg-Strelitz ranks as the 676th largest bank in Germany by total assets. In 2023 its total assets were 916.13 mln EUR, representing a 0.01% market share. It is also the 324th largest savings bank in Germany, commanding a 0.06% share among savings banks. As of 2023, the bank employed 118 people.
Sparkasse Mecklenburg-Strelitz is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Sparkasse Mecklenburg-Strelitz 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.
Sparkasse Mecklenburg-Strelitz is located in Neustrelitz.