Volksbank Lastrup eG

Anna MileikoCreated by Anna Mileiko

Volksbank Lastrup e.G. Logo

Address

Schulstraße 3, 49688, Lastrup, Kr. Cloppenburg, Germany

BIC

GENODEF1LAP

Overview

Business Focus

cooperative retail banking

Volksbank Lastrup eG is a cooperative bank owned by its members via shares.Volksbank Lastrup 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).

Performance

In 2023, Volksbank Lastrup eG achieved the position of 964th largest bank in Germany with a market share of 0.00%; its total assets grew by 9.84%.

Deposit Protection

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

VisaMasterCard

See Also

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Ways to Bank

Volksbank Lastrup eG delivers its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking
mobile app mobile app
phone phone

Financials

Total Assets of Volksbank Lastrup  eG
Market Share of Volksbank Lastrup  eG
Total Assets (2023)
227.70 mln EUR   (+9.84%)

Volksbank Lastrup eG is the 964th largest bank in Germany in terms of total assets. In 2023 its total assets were 227,70 mln EUR, providing the bank with the market share of 0.00%. Volksbank Lastrup eG is the 579th largest cooperative bank in Germany (out of 695 cooperative banks) having market share of 0.02% 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

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

Deposit Guarantee

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

Volksbank Lastrup eG 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. Volksbank Lastrup eG is a member of BVR Institutssicherung GmbH and makes its contributions into it.

See Also

Member of Group

 DZ Bank (Germany)

Volksbank Lastrup eG is a member of DZ Bank (Germany).

Contacts

addressSchulstraße 3, 49688, Lastrup, Kr. Cloppenburg, Germany
po box11 47

Volksbank Lastrup eG is located in Lastrup, Kr. Cloppenburg.

Bank Identifiers

BIC (SWIFT)
GENODEF1LAP
LEI
5299008CO6IFREMCTY71
MFI ID
DE02575
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