Question 1

What is Raiffeisenbank Aspach-Wildenau?

Accepted Answer

Raiffeisenbank Aspach-Wildenau is a local cooperative bank (eingetragene Genossenschaft, or eGen) operating in the Innkreis region of Upper Austria (Oberösterreich). The bank is part of the broader Raiffeisen Banking Group Austria, one of the country's largest banking organizations with over 340 local cooperative banks nationwide.

As a regional financial institution, Raiffeisenbank Aspach-Wildenau provides comprehensive retail and business banking services to individuals, small and medium-sized enterprises (SMEs), and companies in the local communities of Aspach and Wildenau. With total assets of approximately €62.58 million as of 2023, the bank serves as a vital financial partner for its local community.

Question 2

When was Raiffeisenbank Aspach-Wildenau founded?

Accepted Answer

The bank was officially authorized by the Austrian Financial Market Authority (FMA) on November 11, 2014, according to regulatory records. However, like many Raiffeisen cooperative banks in Austria, its roots likely trace back further through local cooperative banking traditions.

The Raiffeisen movement in Austria began in 1886 when the country's first Raiffeisenkasse was established in Mühldorf near Spitz in Lower Austria, inspired by German cooperative banking pioneer Friedrich Wilhelm Raiffeisen. The cooperative banking model aimed to provide accessible financial services to rural communities, particularly supporting farmers, craftsmen, and local businesses during agricultural crises.

Question 3

Where is Raiffeisenbank Aspach-Wildenau headquartered?

Accepted Answer

The bank is headquartered at Marktplatz 3 in Aspach im Innkreis, postal code 5252, in the state of Upper Austria (Oberösterreich), Austria. The main branch location serves as the central hub for banking operations in the region.

Question 4

Where does Raiffeisenbank Aspach-Wildenau operate?

Accepted Answer

Raiffeisenbank Aspach-Wildenau operates primarily in the Innkreis region of Upper Austria, focusing on the municipalities of Aspach im Innkreis and Wildenau. The bank maintains its main branch office (Bankstelle) at Marktplatz 3 in Aspach, providing localized banking services to residents and businesses in these communities.

As part of the Raiffeisen Banking Group Upper Austria network, the bank also has access to over 400 branches operated by 68 Upper Austrian Raiffeisen banks, allowing customers to utilize services throughout the entire federal state.

Question 5

What services does Raiffeisenbank Aspach-Wildenau offer?

Accepted Answer

Raiffeisenbank Aspach-Wildenau provides a comprehensive range of retail and business banking services:

For Individual Customers:
• Current accounts (Girokonten) and debit cards
• Credit cards with contactless payment features (NFC)
• Savings accounts and time deposit accounts
• Consumer loans, car loans, and mortgage loans
• Wealth management and investment products

For Business Customers:
• Business accounts and business payment cards
• Business loans and commercial financing
• Firmenkunden-Center (corporate customer center)
• Trade finance services

Digital Banking:
• Online banking platform
• Mobile banking application
• 24/7 ATM services with accessibility features

Additional Services:
• Currency exchange (Wechselstube)
• Housing advisory services (Wohnberatung)
• Safe deposit boxes and customer safes
• Day and night deposit safes
• Payment services including SEPA transfers

The bank's main branch offers barrier-free access with features including wheelchair-accessible entrances, accessible device heights, voice output systems, and contactless card recognition.

Question 6

What makes Raiffeisenbank Aspach-Wildenau unique?

Accepted Answer

Local Cooperative Structure: As a cooperative bank (eGen), customers can become member-owners by purchasing shares, giving them a voice in the bank's governance and access to exclusive member benefits. This democratic structure ensures decisions are made locally, for the benefit of the local community.

Regional Commitment: The bank's strong regional focus means all decisions are made within the community it serves, ensuring a deep understanding of local economic conditions and customer needs. The bank functions as a financial Nahversorger (local financial services provider).

Comprehensive Accessibility: The bank demonstrates exceptional commitment to accessibility, with barrier-free facilities throughout its branch, including adapted ATMs with voice guidance, accessible consultation areas, and barrier-free restrooms—serving all members of the community regardless of physical abilities.

Network Advantage: While maintaining local independence, the bank benefits from membership in the broader Raiffeisen Banking Group, providing access to sophisticated products, international banking capabilities, and deposit protection through the Österreichische Raiffeisen-Sicherungseinrichtung eGen (ÖRS).

Question 7

What type of financial institution is Raiffeisenbank Aspach-Wildenau?

Accepted Answer

Raiffeisenbank Aspach-Wildenau is classified as a Kreditinstitut (credit institution) in Austria, specifically operating as an eingetragene Genossenschaft (eGen), which translates to a "registered cooperative." This legal structure is typical for local Raiffeisen banks in Austria.

As a Genossenschaftsbank (cooperative bank), the institution operates under the cooperative principle where members are both customers and co-owners. The bank holds a full banking license from the Austrian Financial Market Authority (Finanzmarktaufsicht, FMA) under the identification code AT_FMA, allowing it to conduct all activities permitted to credit institutions under Austrian and European banking regulations.

The bank is registered in Austria's commercial register (Firmenbuch) under company number 110403h and uses the bank sort code (Bankleitzahl) 34016 for domestic transactions and the BIC/SWIFT code RZOOAT2L016 for international payments.

Raiffeisenbank Aspach-Wildenau

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About Raiffeisenbank Aspach-Wildenau in Austria

Raiffe­isenba­nk Aspach­-Wilde­nau