Volksbank Mindener Land eG

Business Focus
cooperative retail banking

Volksbank Mindener Land eG is a cooperative bank owned by its members via shares. Volksbank Mindener Land 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 Mindener Land eG delivers its products and services through both direct and indirect channels, namely:
branch
online banking
mobile app
phone

Financials

Total Assets of Volksbank Mindener Land eG
Market Share of Volksbank Mindener Land eG
Total Assets (2019)
1,603.17 mln EUR  (+6.50%)

In 2019 total assets of Volksbank Mindener Land eG were 1 603,17 mln EUR. Volksbank Mindener Land eG is the 170th largest cooperative bank in Germany (out of 839 cooperative banks) having market share of 0.17% 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 Mindener Land 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 Mindener Land 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 Mindener Land eG is a member of BVR Institutssicherung GmbH and makes its contributions into it.

Member of Group

 DZ Bank (Germany)

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

Contacts

Marienstraße 124, 32425, Minden, Westf., Germany
3046

Volksbank Mindener Land eG is located in Minden, Westf..

Bank Identifiers

BIC (SWIFT)
GENODEM1MPY
LEI
529900C2MRNDHUESLR29
MFI ID
DE02908