Volksbank Beckum-Lippstadt eG

Business Focus
cooperative retail banking

Volksbank Beckum-Lippstadt eG is a cooperative bank owned by its members via shares. Volksbank Beckum-Lippstadt 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

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

Financials

Total Assets of Volksbank Beckum-Lippstadt eG
Market Share of Volksbank Beckum-Lippstadt eG
Total Assets (2019)
2,110.40 mln EUR  (+6.53%)

In 2019 total assets of Volksbank Beckum-Lippstadt eG were 2 110,40 mln EUR. Volksbank Beckum-Lippstadt eG is the 110th largest cooperative bank in Germany (out of 839 cooperative banks) having market share of 0.22% 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 Beckum-Lippstadt 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

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

Member of Group

 DZ Bank (Germany)

Volksbank Beckum-Lippstadt eG is a member of DZ Bank (Germany).

Contacts

Kahlenstraße 30 - 36, 59555, Lippstadt, Germany
27 80

Volksbank Beckum-Lippstadt eG is located in Lippstadt.

Bank Identifiers

BIC (SWIFT)
GENODEM1LPY
LEI
5299008O4S7J239HZC62
MFI ID
DE01635

Bank History

Previous Name
Volksbank Lippstadt eG