Volksbank Vechta eG is a cooperative bank owned by its members via shares.Volksbank Vechta 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).
In 2023, Volksbank Vechta eG achieved the position of 500th largest bank in Germany with a market share of 0.02%; its total assets dropped by 0.99%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Volksbank Vechta eG.
Volksbank Vechta eG ranks as the 500th largest bank in Germany by total assets. In 2023 its total assets were 1,681.95 mln EUR, representing a 0.02% market share. It is also the 201st largest cooperative bank in Germany, commanding a 0.15% share among cooperative banks.
Volksbank Vechta eG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality).
Volksbank Vechta 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.
Volksbank Vechta eG is a member of DZ Bank (Germany).
Volksbank Vechta eG is located in Vechta.