SPAREBANK 1 MODUM

 (4.4; 5 ratings)
4.4 5
Business Focus
regional retail banking

SPAREBANK 1 MODUM is a local savings bank, focused on retail banking and insurance products and services to local residends: private individuals, SMEs and companies. The range of products offered by SPAREBANK 1 MODUM includes current accounts, payment cards, savings accounts, consumer loans, car loans and mortgage loans.

Bank Category

Savings banks

Services

retail banking
insurance

Clients

private individuals
SMEs
companies

Area Served

local municipality

Products

current accounts
credit cards
debit cards
savings accounts
time deposit accounts
consumer loans
car loans
mortgage loans

Ways to Bank

SPAREBANK 1 MODUM delivers its products and services through both direct and indirect channels, namely:
branch
online banking

Financials

Total Assets of SPAREBANK 1 MODUM
Operating_income of SPAREBANK 1 MODUM
Market Share of SPAREBANK 1 MODUM
Total Assets (2018)
9,067.93 mln NOK  (+9.31%)
Operating Income (2018)
124.70 mln NOK  (-14.85%)

SPAREBANK 1 MODUM is the 40th largest bank in Norway in terms of total assets. In 2018 its total assets were 9 067,93 mln NOK, providing the bank with the market share of 0.24%. SPAREBANK 1 MODUM is the 28th largest savings bank in Norway (out of 99 savings banks) having market share of 0.62% amongst the banks of this category. In 2018 the bank's operating income was 124,70 mln NOK.

Deposit Guarantee

Protected Amount
up to 2,000,000 NOK
Guarantee Fund
Norwegian Banks' Guarantee Fund
Covered Depositors
natural persons (Norwegian and foreign)
legal entities (Norwegian and foreign)
Covered Accounts
current accounts
savings accounts
time deposit accounts

SPAREBANK 1 MODUM participates in the deposit guarantee scheme of Norway. This deposit guarantee scheme applies to current accounts, savings accounts, time deposit accounts made by natural persons (Norwegian and foreign), legal entities (Norwegian and foreign) and covers up to up to 2,000,000 NOK per bank per depositor. SPAREBANK 1 MODUM is a member of Norwegian Banks' Guarantee Fund and makes its contributions into it.

Member of Group

 SpareBank1 (Norway)

SPAREBANK 1 MODUM is a member of SpareBank1 (Norway).

Contacts

Vikersundgata 29, 3370, VIKERSUND, Norway

SPAREBANK 1 MODUM is located in VIKERSUND.

Bank Identifiers

LEI
5967007LIEEXZX8AFC11
Company Number
937889186

Bank Supervision

Supervised By
Financial Supervisory Authority of Norway
Reference Number
937889186

SPAREBANK 1 MODUM is authorized and supervised by the Financial Supervisory Authority of Norway (reference number 937889186).

Bank History

Start Date
01 January 2006
Previous Name
MODUM SPAREBANK

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