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Hermann Schulze-Delitzsch (1808–1883) Friedrich Wilhelm Raiffeisen (1818–1888) Wilhelm Haas (1839–1913) In 1843, the first German cooperative bank was created by 50 inhabitants of Öhringen in the Kingdom of Württemberg, who named it the Öhringer Privatspar- und Leihkasse ("private savings and lending bank of Öhringen") – it still exists as the Volksbank Hohenlohe [].
This is a list of co-operative banks in Germany according to the information provided by the Bundesverband der Deutschen Volksbanken und Raiffeisenbanken (BVR) umbrella organisation. By late 2008, there were 1,197 co-operative banks in Germany with total assets of €668 billion. German co-operative banks are members of regional organisations.
The National Association of German Cooperative Banks (German: Bundesverband der Deutschen Volksbanken und Raiffeisenbanken, BVR) is the umbrella association for the German Cooperative Financial Group. Its origins go back to 1864 as Allgemeiner Verband der auf Selbsthilfe beruhenden Deutschen Erwerbs- und Wirtschaftsgenossenschaften. As of 2015 ...
see: German Cooperative Financial Group. Sparkassen. see: Sparkassen-Finanzgruppe. ... Düsseldorf (since December 2008 part of French Crédit Mutuel bank)
Sparda-Bank West (fusion of Sparda-Banks in Essen, Wuppertal and Cologne) Sparda-Banks are members in the National Association of German Cooperative Banks (BVR) and its protection scheme. Sparda-Banks are together with other banks part of CashPool. A few Sparda-Banks have agreements for a free of charge cash withdrawal at Postbank ATMs. [8]
Raiffeisenbank or Raiffeisen Bank refers to cooperative banks in Europe that are rooted in the early credit unions of Friedrich Wilhelm Raiffeisen. The name is found in: Raiffeisen Banking Group, Austrian group of cooperative banks Raiffeisen Bank International (RBI), the group's central institution
The banks of the Sparkassen-Finanzgruppe operate 23,000 ATMs across Germany (as of 2021). [3] The Bankcard service network of credit institutions belonging to the Federal Association of German Cooperative Banks has 16,309 ATMs nationwide (as of 2021). [4] The credit institutions that are members of the Cashpool operate around 2,800 ATMs (as of ...
All PSD banks have a legal structure of a listed cooperative and are therefore cooperative banks. PSD banks are purely private customer banks. Today, with one exception, all 14 PSD banks are in the universal bank business. The PSD banks are part of the Verband der PSD Banken e. V. (union of PSD banks) which is located in Bonn. [2]