Question 1

What is Volksbank Rottweil?

Accepted Answer

Volksbank Rottweil is a German cooperative bank (Genossenschaftsbank) headquartered in Rottweil, Baden-Württemberg. Operating as an eingetragene Genossenschaft (eG), it serves as a regional financial institution primarily covering the Rottweil district. With total assets of approximately 1.24 billion EUR as of 2024, the bank ranks as the 256th largest cooperative bank in Germany.

Question 2

When was Volksbank Rottweil founded?

Accepted Answer

An initial attempt to establish a cooperative bank in Rottweil in 1854 was unsuccessful. The bank was officially founded on May 28, 1862, when 15 founding members, including Carl Friedrich Rheinwald, established the Handwerkerbank Rottweil (Craftsmen's Bank of Rottweil). The bank operated under this name until 1939, when it was renamed Volksbank Rottweil.

The institution expanded significantly through mergers. In 1865, the Spar- und Vorschussbank Sulz was founded, which later became Volksbank Sulz. Between 1970 and 1990, multiple mergers with other cooperative banks occurred, culminating in 2001 when Volksbank Sulz merged with Volksbank Rottweil to form the current institution.

Question 3

Where is Volksbank Rottweil headquartered?

Accepted Answer

The bank is headquartered in Rottweil, Baden-Württemberg. The main office is housed in a former aristocratic residence (Grafenhaus), while a second main office is located in Sulz am Neckar.

Question 4

Where does Volksbank Rottweil operate?

Accepted Answer

Volksbank Rottweil operates primarily throughout the Rottweil district in Baden-Württemberg. The bank's service area extends from Denkingen, Frittlingen, and Wellendingen through Rottweil, Zimmern ob Rottweil, Villingendorf, and Dietingen to Epfendorf and Oberndorf-Bochingen, continuing to Vöhringen and Sulz-Bergfelden, and reaching Sulz am Neckar and Dornhan.

The bank maintains 13 branch locations throughout this region and serves over 40,000 customers with a membership base of 22,656 members.

Question 5

What services does Volksbank Rottweil offer?

Accepted Answer

The bank provides comprehensive universal banking services including retail banking (current accounts, debit and credit cards, savings accounts), commercial banking for small and medium-sized enterprises, wealth management, and insurance products.

Digital services include online banking platforms, the VR Banking mobile app, online brokerage for securities trading, and the digital investment assistant MeinInvest. The bank offers specialized products such as Bio-Banking initiatives, TerminGeld Bio deposits, and PrivatKredit Bio for environmentally-friendly home improvements.

Through partnerships within the cooperative network, customers access products from Bausparkasse Schwäbisch Hall for home financing, R+V insurance services, Union Investment funds, and easyCredit consumer loans.

Question 6

What makes Volksbank Rottweil unique?

Accepted Answer

Volksbank Rottweil distinguishes itself through its strong sustainability commitment with Bio-Banking initiatives. The bank offers a CO₂-Rechner (CO₂ calculator) through gecco² and promotes renewable energy through Mein-RW Solar programs for photovoltaic installations.

The bank holds an AA- credit rating from Fitch and operates with a negative outlook, reflecting careful monitoring of financial conditions. It employs 117 staff members, including 8 apprentices, demonstrating commitment to regional employment.

The MitgliederBonus program reduces account fees for cooperative members, while the VOBA ZEIT customer magazine keeps members informed about bank activities and regional developments.

Question 7

What type of financial institution is Volksbank Rottweil?

Accepted Answer

Volksbank Rottweil is a Genossenschaftsbank (cooperative bank) structured as an eingetragene Genossenschaft (eG), or registered cooperative. This means the bank is owned by its members who participate in democratic governance through a Generalversammlung (general assembly).

As a cooperative bank, it emphasizes regional development and member benefit over profit maximization. The bank is a member of the Baden-Württemberg Cooperative Association (BWGV) and participates in the BVR deposit guarantee scheme, providing comprehensive protection for customer deposits up to 100,000 EUR.

Volksbank Rottweil

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About Volksbank Rottweil in Germany