Question 1

What is Raiffeisenbank Anger?

Accepted Answer

Raiffeisenbank Anger is a German cooperative bank (Genossenschaftsbank) based in the Bavarian municipality of Anger in the Berchtesgadener Land district. As a member-owned financial institution, the bank operates with approximately 143 million euros in total assets and serves over 4,600 customers in the northern region of Berchtesgadener Land.

The bank is part of the German Cooperative Financial Group and maintains partnerships with major institutions including DZ Bank, R+V Insurance, Bausparkasse Schwäbisch Hall, and Union Investment. With 1,496 members and 36 employees, Raiffeisenbank Anger maintains its independence while providing comprehensive universal banking services.

Question 2

When was Raiffeisenbank Anger founded?

Accepted Answer

Raiffeisenbank Anger was founded on July 8, 1895, rooted in the cooperative banking movement established by Friedrich Wilhelm Raiffeisen. The bank was created to provide financial services to the local agricultural community and support the economic development of the region.

For over 130 years, Raiffeisenbank Anger has maintained its independence and continued to serve its community, preserving the cooperative principles of member ownership and democratic governance. The bank is registered in the cooperative register at the Traunstein District Court under number GnR 135.

Question 3

Where is Raiffeisenbank Anger headquartered?

Accepted Answer

Raiffeisenbank Anger is headquartered in Anger, Bavaria, Germany.

Question 4

Where does Raiffeisenbank Anger operate?

Accepted Answer

Raiffeisenbank Anger operates in the northern part of the Berchtesgadener Land district in Bavaria. The bank maintains two branch locations: its main office (Hauptstelle) in Anger and a branch office (Geschäftsstelle) in Aufham.

Additionally, the bank operates a warehouse facility (Lagerhaus) in Anger, reflecting its historical roots in serving the agricultural sector. The bank's operational area focuses on local communities within this predominantly rural region of southeastern Bavaria.

Question 5

What services does Raiffeisenbank Anger offer?

Accepted Answer

Raiffeisenbank Anger provides comprehensive universal banking services including current accounts, debit and credit cards, savings accounts, time deposits, and pension plans. The bank offers various lending products such as consumer loans, car loans, and mortgage loans for both retail customers and small to medium-sized enterprises (SMEs).

Digital banking services include online banking, the VR Banking App for iOS and Android devices, and mobile payment solutions including Apple Pay and Wero. The app features multi-banking capabilities, photo transfers, securities trading through UnionDepot, and secure transaction authorization via the VR SecureGo plus app.

The bank provides investment and wealth management services through partnerships with Union Investment, insurance products through R+V Insurance, building society savings via Bausparkasse Schwäbisch Hall, and leasing services through VR Leasing. Business customers benefit from specialized commercial banking services with a focus on local economic development.

Question 6

What makes Raiffeisenbank Anger unique?

Accepted Answer

Raiffeisenbank Anger distinguishes itself through its dual focus as both a cooperative bank and agricultural supplier, maintaining a traditional warehouse business alongside modern banking operations. This unique combination reflects the bank's 130-year heritage serving the farming community while adapting to contemporary financial needs.

The bank's strong community commitment is evident through its 52,000 euros in regional donations for 2024 and its member-owned cooperative structure with 1,496 members who democratically govern the institution. Despite its small size with approximately 143 million euros in assets, Raiffeisenbank Anger has earned a Fitch long-term credit rating of AA-, indicating very high credit quality.

The bank maintains complete independence since its founding in 1895, operating autonomously within the German Cooperative Financial Group network. Its focus on the Berchtesgadener Land region allows for personalized service and deep understanding of local market conditions.

Question 7

What type of financial institution is Raiffeisenbank Anger?

Accepted Answer

Raiffeisenbank Anger is a Genossenschaftsbank (cooperative bank), specifically a credit institution registered with the German Federal Financial Supervisory Authority (BaFin). In the German banking system, Genossenschaftsbanken represent one of the three main banking pillars alongside commercial banks and savings banks.

As a cooperative bank, Raiffeisenbank Anger is owned by its members through shares, with governance based on the German Cooperative Act (Genossenschaftsgesetz) and statutes approved by the general assembly. The bank's organizational structure includes a management board (Vorstand), supervisory board (Aufsichtsrat), and general assembly (Generalversammlung).

The bank is protected by the BVR Institutssicherung GmbH deposit guarantee scheme, which covers deposits up to 100,000 euros per depositor, plus voluntary additional protection provided by the German Cooperative Banking Association. This makes it a fully regulated credit institution (CRDCREINS) under European Banking Authority classification.

Question 8

What is the Raiffeisen cooperative banking model?

Accepted Answer

The Raiffeisen banking model, named after German social reformer Friedrich Wilhelm Raiffeisen (1818-1888), was developed in the 19th century to provide rural communities, particularly farmers and agricultural workers, with access to affordable credit and financial services. The model emphasizes cooperative ownership, where customers become member-shareholders who participate in governance through democratic voting rights.

Raiffeisenbank Anger exemplifies this model through its member-owned structure with 1,496 cooperative members who elect representatives to the supervisory board and participate in key decisions during general assemblies. The cooperative principles include regional focus, mutual support, and profit sharing with members rather than external shareholders.

This structure creates strong ties between the bank and its community, as profits are reinvested locally, used to build reserves for stability, or distributed to members as dividends. The model promotes long-term stability over short-term profits, which has enabled institutions like Raiffeisenbank Anger to maintain independence for over a century while serving local economic development needs.

Raiffeisenbank Anger

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About Raiffeisenbank Anger in Germany

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