Question 1

What is Raiffeisenbank im Walgau?

Accepted Answer

Raiffeisenbank im Walgau is a regional cooperative bank (Genossenschaftsbank) based in Nenzing, in the Vorarlberg region of western Austria. It is one of the three largest Raiffeisen banks in Vorarlberg, serving customers throughout the Walgau valley region, from the Faschinajoch mountain pass in the Großes Walsertal valley to Frastanz. The bank operates as an Allfinanzinstitut (universal financial institution) with total assets of approximately €1.05 billion and serves more than 7,000 members.

Question 2

When was Raiffeisenbank im Walgau founded?

Accepted Answer

The bank traces its roots to 1897, when the first savings and loan cooperative (Spar- und Darlehenskasse) was established in Nenzing, following the principles of Friedrich Wilhelm Raiffeisen. Over time, neighboring communities founded their own savings cooperatives and Raiffeisen warehouses to support local farmers. The bank's modern structure resulted from several mergers: in 1981, the Raiffeisen banks of Nenzing and Schlins-Röns merged; in 1996, a larger fusion created Raiffeisenbank Walgau-Großwalsertal from the banks of Ludesch, Thüringen, Großwalsertal, and Nenzing-Schlins-Röns. The current Raiffeisenbank im Walgau emerged in 2017 from the merger with Raiffeisenbank Frastanz-Satteins.

Question 3

Where is Raiffeisenbank im Walgau headquartered?

Accepted Answer

The bank is headquartered at Hauptstraße 13, 6710 Nenzing, Austria, in the heart of the Walgau valley in Vorarlberg.

Question 4

Where does Raiffeisenbank im Walgau operate?

Accepted Answer

Raiffeisenbank im Walgau serves the Walgau valley region and surrounding areas in Vorarlberg. The bank operates six advisory branches (Beratungsbankstellen) and six self-service banking locations (Selbstbedienungs-Bankstellen) across communities including Nenzing, Frastanz, Satteins, and the Großwalsertal valley, extending from the Jagdberg region to the Walgau valley.

Question 5

What services does Raiffeisenbank im Walgau offer?

Accepted Answer

As a universal financial institution, Raiffeisenbank im Walgau provides comprehensive banking and financial solutions for both private individuals and businesses. Services include current accounts, savings accounts (including fixed deposits with rates up to 3.5% for 12-month terms), time deposits, debit and credit cards, consumer loans, car financing, and mortgage loans. For businesses, the bank offers business accounts, payment cards, and business loans tailored to small and medium-sized enterprises.

The bank provides digital banking through online banking systems and mobile applications integrated with the Raiffeisen Group's platforms. Traditional branch banking remains a cornerstone of service, with personal advisory services and access to Austria's Bankomat ATM network.

Question 6

What makes Raiffeisenbank im Walgau unique?

Accepted Answer

Raiffeisenbank im Walgau stands out for its deep regional roots spanning over 125 years and its commitment to the cooperative principle of member ownership. As a cooperative bank, it is owned by its more than 7,000 members who participate in governance through the Generalversammlung (general assembly). The bank's significant merger history demonstrates its adaptability while maintaining local presence across the diverse Walgau valley communities. Its ownership stake in Raiffeisenlandesbank Vorarlberg, alongside other Vorarlberg Raiffeisen banks, connects it to broader regional strength while preserving local decision-making. The bank modernized its Nenzing headquarters in 2018, creating a contemporary yet welcoming space that reflects its philosophy of combining tradition with innovation.

Question 7

What type of financial institution is Raiffeisenbank im Walgau?

Accepted Answer

Raiffeisenbank im Walgau is a Genossenschaftsbank (cooperative bank) organized as a registered cooperative (eingetragene Genossenschaft, eGen). In Austrian banking terminology, it operates as a Raiffeisenbank, part of the Raiffeisen cooperative banking sector that serves both individuals and businesses. As a cooperative, it is owned by its members who hold shares (Geschäftsanteile) and have voting rights in the general assembly. The bank participates in Austria's deposit guarantee scheme (Einlagensicherung AUSTRIA) and is part of the Raiffeisen institutional protection scheme, providing comprehensive security for depositors within the cooperative banking network.

Raiffeisenbank im Walgau

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About Raiffeisenbank im Walgau in Austria

Raiffe­isenba­nk im Walgau