Question 1

What is Volksbank Dettenhausen?

Accepted Answer

Volksbank Dettenhausen is a cooperative bank (Genossenschaftsbank) operating in Baden-Württemberg, Germany. As a member of the German Cooperative Financial Group (Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken), it provides universal banking services to individuals and businesses in the northern Tübingen district. With a balance sheet of approximately 118.2 million EUR (2022), the bank maintains its independence as a small regional institution focused on local community banking.

The bank operates as a registered cooperative (eingetragene Genossenschaft) with 1,559 members who collectively own the institution. It employs 17 staff members and operates a single branch location.

Question 2

When was Volksbank Dettenhausen founded?

Accepted Answer

Volksbank Dettenhausen was founded on January 29, 1892. The bank was established as part of the German cooperative banking movement inspired by pioneers like Hermann Schulze-Delitzsch and Friedrich Wilhelm Raiffeisen, who advocated for community-based financial institutions that serve local populations through mutual self-help.

Since its founding over 130 years ago, Volksbank Dettenhausen has maintained its independence and remained committed to its cooperative principles. The bank has preserved its identity as a locally-focused institution throughout significant historical changes in the German banking landscape.

Question 3

Where is Volksbank Dettenhausen headquartered?

Accepted Answer

Volksbank Dettenhausen is headquartered at Bachstraße 26, 72135 Dettenhausen, Baden-Württemberg, Germany. Dettenhausen is a municipality in the northern part of the Tübingen district (Landkreis Tübingen) in the state of Baden-Württemberg.

Question 4

Where does Volksbank Dettenhausen operate?

Accepted Answer

Volksbank Dettenhausen operates exclusively in the northern part of the Tübingen district in Baden-Württemberg. The bank's business area is concentrated around Dettenhausen and the immediate surrounding region.

The bank operates only one branch location at its headquarters in Dettenhausen, maintaining a focused local presence rather than expanding to multiple locations. This concentrated approach allows the bank to maintain deep relationships with its community members.

Question 5

What services does Volksbank Dettenhausen offer?

Accepted Answer

Volksbank Dettenhausen provides universal banking services (Universalbankgeschäft), encompassing retail and commercial banking products for private individuals and businesses. Core services include checking accounts, savings accounts, deposit products, consumer and commercial loans, mortgage lending, and payment services.

The bank collaborates with partners in the Cooperative Financial Group network to offer specialized financial services. These partnerships include DZ Bank for wholesale banking, R+V Versicherung for insurance products, Bausparkasse Schwäbisch Hall for building society savings, TeamBank for consumer financing, VR Leasing for equipment leasing, DZ HYP for real estate financing, and Union Investment for investment funds and wealth management.

Digital banking services are available through online banking (Direct Banking) platforms and mobile applications, allowing customers to conduct transactions 24/7. The branch offers ATM services, account statement printers, night deposit facilities, safe deposit boxes, and personal advisory services. The facility includes barrier-free access and free parking.

Question 6

What makes Volksbank Dettenhausen unique?

Accepted Answer

Volksbank Dettenhausen distinguishes itself through its cooperative ownership structure and deep local roots spanning over 130 years. As a member-owned institution with 1,559 cooperative members, the bank operates on democratic principles where each member has voting rights in the general assembly (Generalversammlung) regardless of their capital contribution.

The bank has successfully maintained its independence while many German cooperative banks have merged into larger entities. This independence allows Volksbank Dettenhausen to focus exclusively on serving its local community in the northern Tübingen district with personalized banking services.

Despite its small size with only 17 employees and a single branch, the bank provides access to comprehensive financial services through its membership in the German Cooperative Financial Group network. This combination of local decision-making with access to national financial capabilities creates a unique value proposition for customers seeking personalized service with full-service banking options.

Question 7

What type of financial institution is Volksbank Dettenhausen?

Accepted Answer

Volksbank Dettenhausen is a Genossenschaftsbank (cooperative bank), which is a distinct category of credit institution in Germany. The bank operates as an eingetragene Genossenschaft (eG), meaning a registered cooperative, and is classified as a credit institution (CRDCREINS) under European Banking Authority regulations.

Cooperative banks in Germany are characterized by their member-ownership structure, democratic governance, and focus on serving their members and local communities rather than maximizing shareholder profits. The bank is governed according to the German Cooperative Act (Genossenschaftsgesetz) and its articles of association adopted by the general assembly.

Volksbank Dettenhausen is registered in the cooperative register (Genossenschaftsregister) at the Stuttgart Local Court under number GnR 38023. The bank is supervised by the Federal Financial Supervisory Authority (BaFin) and is a member of the BVR Institutssicherung GmbH, the institutional protection scheme of the German cooperative banking sector.

Question 8

What deposit protection does Volksbank Dettenhausen provide?

Accepted Answer

Volksbank Dettenhausen participates in two complementary protection systems managed by the Federal Association of German Cooperative Banks (Bundesverband der Deutschen Volksbanken und Raiffeisenbanken). The bank is a member of the officially recognized BVR Institutssicherung GmbH, which provides statutory deposit guarantee coverage.

Additionally, the bank participates in the voluntary institutional protection scheme of the cooperative banking sector. This dual-layer protection system has operated since 1934, making it the world's oldest privately financed deposit guarantee fund for banks. The system is designed to protect not only individual deposits but to prevent member bank failures through proactive institutional support.

The deposit guarantee scheme registered with the European Banking Authority is DE_BVR-ISG, ensuring that customer deposits are protected according to German and European banking regulations.

Volksbank Dettenhausen

in Germany 🇩🇪

Crypto-Friendliness

All done!

About Volksbank Dettenhausen in Germany

Volksbank Detten­hausen