Volksbank Mittelhessen eG

Business Focus

cooperative retail banking

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

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

See Also

Ways to Bank

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

Financials

Total Assets of Volksbank Mittelhessen eG
Market Share of Volksbank Mittelhessen eG
Total Assets (2019)
8,378.16 mln EUR  (+6.47%)

In 2019 total assets of Volksbank Mittelhessen eG were 8 378,16 mln EUR. Volksbank Mittelhessen eG is the 10th largest cooperative bank in Germany (out of 839 cooperative banks) having market share of 0.86% 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 Mittelhessen 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 Mittelhessen 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 Mittelhessen eG is a member of BVR Institutssicherung GmbH and makes its contributions into it.

Member of Group

 DZ Bank (Germany)

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

Contacts

Schiffenberger Weg 110, 35394, Gießen, Germany
101061

Volksbank Mittelhessen eG is located in Gießen.

Bank Identifiers

BIC (SWIFT)
VBMHDE5FXXX
LEI
52990061592SQLEJN964
MFI ID
DE01444

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