Stadtsparkasse Felsberg

Anna MileikoCreated by Anna Mileiko

Stadtsparkasse Felsberg Logo

Address

Steinweg 4, 34587, Felsberg, Hessen, Germany

BIC

HELADEF1FEL

Overview

Business Focus

retail banking

Stadtsparkasse Felsberg is a member of Sparkassen Finanzgruppe and is the 402nd largest savings bank in Germany out of 403.

Core business of Stadtsparkasse Felsberg is providing high-quality retail banking products and services to local residents: private customers, small- and medium-sized enterprises and public-sector institutions.

Traditionally for savings banks Stadtsparkasse Felsberg is essentially focusedon broad participation in developing citizens' prosperity and on increasing local economic strength rather than on maximising profits. This business focus help Stadtsparkasse Felsberg to avoid excessive risks which is reflected in high credit ratings of Stadtsparkasse Felsberg.

On April 1, 2017 Stadtsparkasse Felsberg was merged with Kreissparkasse Schwalm-Eder.

Performance

In 2016, Stadtsparkasse Felsberg achieved the position of 1320th largest bank in Germany with a market share of 0.00%; its total assets grew by 2.58%.

Deposit Protection

Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Stadtsparkasse Felsberg.

Services

retail banking

Clients

natural persons
small- and medium-sized enterprises
public-sector organizations

Area Served

local community

Products

current accounts
debit cards
credit cards
savings accounts
time deposit accounts
pension plans
consumer loans
car loans
mortgage loans

Card Providers

VisaMasterCard

Ways to Bank

Stadtsparkasse Felsberg delivered its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking

Financials

Total Assets of Stadtsparkasse Felsberg
Market Share of Stadtsparkasse Felsberg
Total Assets (2016)
165.59 mln EUR   (+2.58%)
Number of Employees (2016)
40   (-4.76%)

Stadtsparkasse Felsberg was the 1320th largest bank in Germany in terms of total assets. In 2016 its total assets were 165,59 mln EUR, providing the bank with the market share of 0.00%. Stadtsparkasse Felsberg was the 402nd largest savings bank (sparkasse) in Germany (out of 403 savings banks (sparkassen)) having market share of 0.01% amongst the banks of this category. Stadtsparkasse Felsberg had 40 employees in 2016.

Credit Ratings

Fitch: A+
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: -
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Stadtsparkasse Felsberg is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).

Deposit Guarantee

Guarantee Fund
Institutional Protection Scheme of the Savings Banks Finance Group
Protected Amount
up to 100,000 EUR
Eligible Depositors
individuals
companies
Covered Accounts
all deposit accounts

Stadtsparkasse Felsberg 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. Stadtsparkasse Felsberg is a member of Institutional Protection Scheme of the Savings Banks Finance Group and makes its contributions into it.

See Also

Contacts

addressSteinweg 4, 34587, Felsberg, Hessen, Germany
po box1140

Stadtsparkasse Felsberg was located in Felsberg, Hessen.

Bank Identifiers

BIC (SWIFT)
HELADEF1FEL
MFI ID
DE00649

Bank History

Close Date
April 2017
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