Volksbank Hamm eG (Germany)

Address

Bismarckstraße 7 - 15, 59065, Hamm, Westf, Germany

BIC

GENODEM1HMM

Overview

Business Focus

cooperative retail banking

Volksbank Hamm eG is a cooperative bank owned by its members via shares.Volksbank Hamm eG provides retail banking products and services to its customersfocusing on customer requirements and development of local economy, paying special attention tosmall and medium-sized enterprises (SMEs).

Deposit Protection

Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Volksbank Hamm eG.

Services

retail banking

business 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

Card Providers

Ways to Bank

Volksbank Hamm eG delivered its products and services through both direct and indirect channels, namely:

branch

online banking

mobile app

phone

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

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

Deposit Guarantee

Protected Amount

up to 100,000 EUR

Guarantee Fund

BVR Institutssicherung GmbH

Covered Accounts

all deposit accounts

Eligible Depositors

individuals
companies

Volksbank Hamm eG 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 BVR Institutssicherung GmbH, making regular contributions into it.