Question 1

What is Raiffeisenbank Hohenloher Land?

Accepted Answer

Raiffeisenbank Hohenloher Land is a cooperative bank serving private customers and businesses across the Hohenlohe region of Baden-Württemberg, Germany. Formed in 2019 through a major merger, it has become one of the largest Raiffeisen banks in Baden-Württemberg with 187 employees serving over 50,900 customers and 25,200 members.

In 2023, the bank ranked as the 620th largest bank in Germany with total assets of approximately €1.43 billion. The institution operates throughout the Hohenlohe region, spanning from the Jagst valley through Schöntal to the Kocher valley and including Neuenstein and Bretzfeld.

Question 2

When was Raiffeisenbank Hohenloher Land founded?

Accepted Answer

The bank's history traces back to 1881 with the founding of the Spar- und Darlehenskassenverein in Michelbach am Wald. The institution evolved through numerous consolidations over 140 years of cooperative banking tradition.

A significant milestone occurred on September 22, 1893, when the Ingelfinger Bank was founded under Mayor Joseph Rilling. Another important predecessor was established on September 16, 1888, with the founding of the Darlehnskassen-Verein Niedernhall by 36 members led by Mayor Friedrich Schmidt.

The current entity was formed in 2019 through the merger of Raiffeisenbank Kocher-Jagst eG (itself created in 2001 from five banks) and Raiffeisenbank Bretzfeld-Neuenstein eG (formed in 2004). This consolidation created one of Baden-Württemberg's most substantial regional cooperative banks.

Question 3

Where is Raiffeisenbank Hohenloher Land headquartered?

Accepted Answer

The bank's headquarters and main office (Hauptstelle) are located at Mariannenstraße 18 in Ingelfingen, Baden-Württemberg, Germany. Ingelfingen is a town in the Hohenlohekreis district, situated in the Kocher valley in the northeastern part of Baden-Württemberg.

Question 4

Where does Raiffeisenbank Hohenloher Land operate?

Accepted Answer

Raiffeisenbank Hohenloher Land operates throughout the Hohenlohe region in northeastern Baden-Württemberg. Its extensive service area stretches from the Jagst valley through Schöntal, across the Kocher valley to Neuenstein and Bretzfeld, encompassing numerous communities in the Hohenlohekreis district.

The bank maintains multiple branch locations throughout its territory, providing local banking access to communities across this rural and semi-rural region. The institution's geographic reach reflects its formation through mergers of banks serving Ingelfingen, Niedernhall, Mulfingen, Dörzbach, Schöntal, Bretzfeld, and Neuenstein.

Question 5

What services does Raiffeisenbank Hohenloher Land offer?

Accepted Answer

As a universal bank (Universalbank), the institution provides comprehensive financial services:

Retail Banking: Current accounts (Girokonten), savings accounts, time deposit accounts, girocard and credit cards, pension plans, consumer loans, car loans, and mortgage loans.

Business Banking: Business accounts, payment processing services, commercial financing, working capital loans, investment financing, and access to public development programs.

Investment Services: Securities trading, investment funds through Union Investment, online brokerage services, and wealth management solutions.

Insurance Products: Comprehensive insurance offerings through R+V Versicherung, covering personal liability, property, business, and pension products.

Digital Banking: VR Banking App, online banking platform with modern authentication, call center support, and access to the BankCard ServiceNetz ATM network across Germany. The bank also supports Wero, a new European instant payment solution.

Question 6

What makes Raiffeisenbank Hohenloher Land unique?

Accepted Answer

Recent Major Merger: The 2019 merger created one of Baden-Württemberg's largest Raiffeisen banks, combining 140 years of cooperative banking heritage with modern scale and capabilities.

Strong Community Support: In 2023, the bank donated €146,029 to social and charitable projects, demonstrating significant commitment to regional development and community welfare.

Member Rejection of Further Consolidation: In 2022, members voted decisively against a proposed merger with VR Bank Heilbronn Schwäbisch Hall, affirming their preference for maintaining the bank's regional identity and independence.

Fitch Credit Rating: The bank holds an AA- long-term rating from Fitch (very high credit quality), reflecting strong financial stability and creditworthiness.

Housing Development Subsidiary: Through its subsidiary Hohenloher Werte Consulting GmbH, the bank actively develops rental housing in the region, creating residential opportunities for local communities.

Large Membership Base: With over 25,200 members, the bank embodies the cooperative principle of member ownership and democratic governance, operating under the motto "Morgen kann kommen. Wir machen den Weg frei" (Tomorrow can come. We clear the way).

Question 7

What type of financial institution is Raiffeisenbank Hohenloher Land?

Accepted Answer

Raiffeisenbank Hohenloher Land is a Genossenschaftsbank (cooperative bank) organized as an eingetragene Genossenschaft (eG), a registered cooperative under German law. The bank operates according to the Genossenschaftsgesetz (Cooperative Act) and the principles of self-help, self-responsibility, and self-governance.

As a cooperative bank, it is governed by a representative assembly (Vertreterversammlung) elected by members, an executive board (Vorstand), and a supervisory board (Aufsichtsrat). The bank is part of the Genossenschaftlicher FinanzVerbund, collaborating with DZ Bank, R+V Versicherung, Bausparkasse Schwäbisch Hall, Teambank, VR Leasing, DZ Hyp, and Union Investment. It is supervised by the German Federal Financial Supervisory Authority (BaFin) and participates in the BVR Institutssicherung GmbH deposit protection scheme.

Raiffeisenbank Hohenloher Land

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About Raiffeisenbank Hohenloher Land in Germany

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