VR-Bank Westmünsterland eG

Business Focus
cooperative retail banking

VR-Bank Westmünsterland eG is a cooperative bank owned by its members via shares. VR-Bank Westmünsterland eG provides retail banking products and services to its customers focusing on customer requirements and development of local economy, paying special attention to small and medium-sized enterprises (SMEs).

Bank Category

Cooperative banks

Services

retail banking
insurance

Clients

natural persons
small- and medium-sized enterprises
companies

Products

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

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

Ways to Bank

VR-Bank Westmünsterland eG delivers its products and services through both direct and indirect channels, namely:
branch
online banking
mobile app
phone

Financials

Total Assets of VR-Bank Westmünsterland eG
Market Share of VR-Bank Westmünsterland eG
Total Assets (2019)
2,809.29 mln EUR  (+8.61%)

In 2019 total assets of VR-Bank Westmünsterland eG were 2 809,29 mln EUR. VR-Bank Westmünsterland eG is the 73rd largest cooperative bank in Germany (out of 839 cooperative banks) having market share of 0.29% amongst the banks of this category.

Credit Ratings

Fitch: AA-
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

VR-Bank Westmünsterland eG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality).

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
BVR Institutssicherung GmbH
Covered Depositors
individuals
companies
Covered Accounts
all deposit accounts

VR-Bank Westmünsterland eG participates in the deposit guarantee scheme of Germany. This deposit guarantee scheme applies to all deposit accounts made by individuals, companies and covers up to up to 100,000 EUR per bank per depositor. VR-Bank Westmünsterland eG is a member of BVR Institutssicherung GmbH and makes its contributions into it.

Member of Group

 DZ Bank (Germany)

VR-Bank Westmünsterland eG is a member of DZ Bank (Germany).

Contacts

Kupferstr. 28, 48653, Coesfeld, Germany
19 42

VR-Bank Westmünsterland eG is located in Coesfeld.

Bank Identifiers

BIC (SWIFT)
GENODEM1BOB
LEI
5299006FYIV16TSUGS88
MFI ID
DE01597

Similar Banks

VR-Bank Rhein-Sieg eG Logo VR-Bank Rhein-Sieg eG
cooperative retail banking
EDEKABANK AG Logo EDEKABANK AG
financing for EDEKA group customers
Vereinigte Volksbank Münster eG Logo Vereinigte Volksbank Münster eG
cooperative retail banking
VR-Bank Rhein-Erft eG Logo VR-Bank Rhein-Erft eG
cooperative retail banking
Volksbank Lahr eG Logo Volksbank Lahr eG
cooperative retail banking

See Also

Related Articles