Volksbank eG is a cooperative bank owned by its members via shares. Volksbank 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).
In 2019 total assets of Volksbank eG were 2 207,94 mln EUR. Volksbank eG is the 103rd largest cooperative bank in Germany (out of 839 cooperative banks) having market share of 0.23% amongst the banks of this category.
Volksbank eG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality).
Volksbank 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 eG is a member of BVR Institutssicherung GmbH and makes its contributions into it.
Volksbank eG is a member of DZ Bank (Germany).
Volksbank eG is located in Wolfenbüttel, Niedersachs.