Since February 10, 2013, J.A.K. Andelskasse Varde operates as a subsidiary of Folkesparekassen.
In 2011, J.A.K. Andelskassen Varde achieved the position of 117th largest bank in Denmark with a market share of 0.00%; its total assets dropped by 1.99%.
Additionally, the bank became the 113th profitable bank in relation to its total assets showcasing -3.15% return on assets and -15.31% return on equity in 2011.
Deposits up to 100,000 EUR are covered by Danish deposit guarantee scheme in J.A.K. Andelskassen Varde.
J.A.K. Andelskassen Varde was the 117th largest bank in Denmark in terms of total assets. In 2011 its total assets were 20,30 mln DKK, providing the bank with the market share of 0.00%. J.A.K. Andelskassen Varde was the 12th largest cooperative bank in Denmark (out of 12 cooperative banks) having market share of 0.11% amongst the banks of this category. In 2011 the bank's net income was -647 000,00 DKK.
J.A.K. Andelskassen Varde participates in the deposit guarantee scheme of Denmark which applies to cash deposits made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. J.A.K. Andelskassen Varde is a member of Finansiel Stabilitet and makes its contributions into it.
J.A.K. Andelskassen Varde was located in Varde.
J.A.K. Andelskassen Varde was authorized and supervised by the Danish Financial Supervisory Authority.