Question 1

What is Raiffeisenbank KMS?

Accepted Answer

Raiffeisenbank KMS (Raiffeisenbank Küps-Mitwitz-Stockheim eG) is a cooperative credit institution based in Bavaria, Germany. As a member-owned Genossenschaftsbank, it provides universal banking services to individuals, small and medium-sized enterprises (SMEs), and businesses in the southern Landkreis Kronach region.

With approximately 5,100 members, total assets of 295.87 million EUR (2024), and 42 employees, the bank operates four branches serving local communities. It is part of the Genossenschaftsverband Bayern e.V. and works within the broader Volksbanken Raiffeisenbanken cooperative banking network.

Question 2

When was Raiffeisenbank KMS founded?

Accepted Answer

Raiffeisenbank KMS traces its origins to July 1, 1888, when it was originally founded in Küps, Bavaria. The bank evolved through several mergers to serve a broader regional footprint.

In 1994, Raiffeisenbank Gundelsdorf und Umgebung eG merged with Raiffeisenbank Mitwitz eG to form Raiffeisenbank Mitwitz-Gundelsdorf eG. This merged entity then combined with Raiffeisenbank Küps e.G. in 1997, creating the present-day Raiffeisenbank Küps-Mitwitz-Stockheim eG. These consolidations strengthened the bank's regional presence and member base.

Question 3

Where is Raiffeisenbank KMS headquartered?

Accepted Answer

The bank is headquartered at Radweg 1, 96328 Küps, Bavaria, Germany. The headquarters serves as the main branch (Hauptgeschäftsstelle) and the legal seat of the institution.

Question 4

Where does Raiffeisenbank KMS operate?

Accepted Answer

Raiffeisenbank KMS operates exclusively in the southern part of Landkreis Kronach in Bavaria. The bank maintains four branch locations serving local communities:
• Küps – Main branch and headquarters
• Mitwitz – Full-service branch (Geschäftsstelle)
• Stockheim – Full-service branch (Geschäftsstelle)
• Gundelsdorf – Full-service branch (Geschäftsstelle)

All branches offer ATMs, account statement printers, coin dispensing machines, cash deposit machines, personal advisory services, safe deposit boxes, barrier-free access, and free parking facilities.

Question 5

What services does Raiffeisenbank KMS offer?

Accepted Answer

Raiffeisenbank KMS provides comprehensive universal banking services across retail, business, and digital channels:

Retail Banking: Current accounts (Girokonten), savings accounts, time deposits (Festzinsanlagen), debit cards (Maestro/Visa), credit cards (Mastercard, including premium options), personal loans, consumer credit (easyCredit), mortgage financing (Baufinanzierung), pension plans, and safe deposit boxes.

Business Banking: Business current accounts, commercial loans, international payment services, working capital financing, and investment solutions for corporate clients.

Wealth Management & Investment: Securities accounts (Wertpapierdepot), securities savings plans (meinSparplan), investment funds through Union Investment, and financial advisory services.

Digital Services: Full-featured online banking platform, mobile banking apps for iOS and Android, online product applications, digital appointment scheduling, and 24/7 account access. Customers can perform transfers, check balances, manage cards, and access statements digitally.

Partner Services: The bank collaborates with cooperative network partners including DZ Bank (central institution), R+V Versicherung (insurance), Bausparkasse Schwäbisch Hall (building society), Teambank (consumer credit), VR Leasing, DZ HYP (mortgage bank), and Union Investment (asset management).

Question 6

What makes Raiffeisenbank KMS unique?

Accepted Answer

Raiffeisenbank KMS stands out through its cooperative ownership model, where over 5,100 members have voting rights and share in the bank's success. Members benefit from the principle "Mitwissen, mitbestimmen, mitverdienen" (co-knowing, co-deciding, co-earning).

The bank maintains a strong local identity with deep roots in its communities dating back to 1888. Its focus on personal relationships and regional economic development distinguishes it from larger commercial banks.

With a Fitch credit rating of AA- (very high credit quality), the bank demonstrates financial stability while maintaining the accessibility and personalized service of a community institution. The Gewinnsparen program uniquely combines savings, lottery participation, and charitable giving, reflecting the cooperative's community-oriented values.

Question 7

What type of financial institution is Raiffeisenbank KMS?

Accepted Answer

Raiffeisenbank KMS is a Genossenschaftsbank (cooperative bank) and specifically a Kreditinstitut (credit institution) under German banking law. It operates as an eingetragene Genossenschaft (eG) – a registered cooperative – governed by the German Cooperative Act (Genossenschaftsgesetz).

The bank is registered in the cooperative register (Genossenschaftsregister) at Amtsgericht Coburg under GnR 33. As a credit institution, it is regulated by BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht), Germany's federal financial supervisory authority, which authorized it on November 20, 2013.

Raiffeisenbank KMS is a member of the BVR Institutssicherung GmbH (BVR-ISG), the deposit guarantee scheme of the Bundesverband der Deutschen Volksbanken und Raiffeisenbanken (BVR). This provides statutory protection up to 100,000 EUR per depositor, plus additional voluntary protection through the cooperative banking network's institutional protection scheme.

Question 8

How does Raiffeisenbank KMS ensure deposit security?

Accepted Answer

Deposits at Raiffeisenbank KMS are protected through multiple layers of security. Statutory protection covers up to 100,000 EUR per depositor under the German deposit guarantee scheme (BVR Institutssicherung GmbH).

Beyond this statutory minimum, the bank participates in the voluntary institutional protection scheme of the Bundesverband der Deutschen Volksbanken und Raiffeisenbanken e.V., which provides additional coverage. This multi-tiered protection system has successfully prevented member bank failures within the cooperative banking network for decades.

Question 9

What is Raiffeisenbank KMS's financial performance?

Accepted Answer

As of 2024, Raiffeisenbank KMS reported total assets of 295.87 million EUR, representing a 7.56% increase from 275.1 million EUR in 2023. Customer deposits grew by 9.41% to 210.9 million EUR, while loans to customers increased modestly by 0.55% to 136.7 million EUR.

The bank's balance sheet of 264.0 million EUR in 2021 shows steady growth. With customer deposits of 199.0 million EUR and customer loans of 124.0 million EUR (2021 figures), the bank maintains a healthy deposit-to-loan ratio supporting its lending operations and regional economic development mission.

Raiffeisenbank KMS

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About Raiffeisenbank KMS in Germany

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