Question 1

What is Raiffeisenbank Hiltenfingen?

Accepted Answer

Raiffeisenbank Hiltenfingen is a small, locally-focused cooperative bank (Genossenschaftsbank) serving the municipality of Hiltenfingen in Bavaria, Germany. As a member-owned institution within the German Volksbanken Raiffeisenbanken cooperative banking network, it provides comprehensive retail and business banking services to individuals and small to medium-sized enterprises in its service area.

With total assets of approximately EUR 81 million as of 2023, it is a small regional cooperative bank specializing in personalized banking relationships and local market knowledge. The bank holds a Fitch long-term credit rating of AA-, reflecting very high credit quality.

Question 2

When was Raiffeisenbank Hiltenfingen founded?

Accepted Answer

The bank was authorized to operate on November 20, 2013, according to regulatory records, though like many German Raiffeisen banks, its roots likely trace back earlier in the local cooperative banking movement that began in Germany in the mid-19th century.

The Raiffeisen cooperative banking model was pioneered by Friedrich Wilhelm Raiffeisen in Germany starting in the 1860s, focusing on mutual self-help and providing accessible financial services to rural and agricultural communities. Local Raiffeisen banks were established throughout Bavaria in subsequent decades to serve farming communities and small towns.

Question 3

Where is Raiffeisenbank Hiltenfingen headquartered?

Accepted Answer

The bank is headquartered in Hiltenfingen, Bavaria, Germany.

Question 4

Where does Raiffeisenbank Hiltenfingen operate?

Accepted Answer

Raiffeisenbank Hiltenfingen operates primarily in and around the municipality of Hiltenfingen in the Augsburg district (Landkreis Augsburg) of Bavaria. The bank's service area encompasses this small town and its immediately surrounding rural communities in the western Bavarian region.

As a local cooperative bank, its operations are concentrated within this defined geographical territory, providing accessible banking services to residents and businesses in this part of Swabia (Schwaben).

Question 5

What services does Raiffeisenbank Hiltenfingen offer?

Accepted Answer

The bank offers a full range of retail and business banking services including:

Personal Banking: Current accounts, debit cards, credit cards, savings accounts, time deposit accounts, pension plans, consumer loans, car loans, and mortgage loans.

Business Banking: Business accounts, commercial lending, and financing solutions tailored to small and medium-sized enterprises.

Investment Services: Trading accounts, securities brokerage, and investment funds through Union Investment.

Insurance Services: Insurance products distributed through partnerships with R+V Versicherung and other cooperative group insurers.

Digital Services: Online banking platform, mobile banking app (VR Banking App), and telephone banking through a call center.

Real Estate Financing: Home loans and construction financing through partnerships with Bausparkasse Schwäbisch Hall.

The bank provides these services through its branch location and comprehensive digital channels, supported by the broader BVR cooperative network infrastructure.

Question 6

What makes Raiffeisenbank Hiltenfingen unique?

Accepted Answer

Local Market Expertise: As a small, community-focused bank, Raiffeisenbank Hiltenfingen offers highly personalized service with deep knowledge of local economic conditions, businesses, and individual customer needs in the Hiltenfingen area.

Cooperative Ownership: Members are co-owners of the bank through share ownership, ensuring that the institution prioritizes local interests and reinvests profits into the community rather than serving distant shareholders.

Strong Credit Quality: Despite its small size, the bank maintains a Fitch AA- rating, demonstrating solid financial management and low credit risk. This rating is supported by the institutional protection scheme (Institutssicherung) of the BVR cooperative banking network.

Comprehensive Protection: Deposits are protected through both the statutory German deposit guarantee scheme (up to EUR 100,000) and the additional voluntary protection scheme of the BVR, providing customers with exceptional security.

Question 7

What type of financial institution is Raiffeisenbank Hiltenfingen?

Accepted Answer

Raiffeisenbank Hiltenfingen is a Genossenschaftsbank (cooperative bank), legally structured as an eingetragene Genossenschaft (eG). This is a member-owned cooperative where customers can become member-shareholders.

In Germany, cooperative banks (Genossenschaftsbanken) constitute one of the three pillars of the banking system alongside savings banks (Sparkassen) and private commercial banks. Cooperative banks are characterized by democratic governance (one member, one vote), local decision-making, and a focus on serving member and customer interests rather than maximizing profits for external shareholders.

The bank is a member of the DZ Bank cooperative central institution and participates in the BVR Institutssicherung GmbH, the institutional protection scheme that has prevented any cooperative bank failure in Germany. It is regulated by the German Federal Financial Supervisory Authority (BaFin) and the Deutsche Bundesbank.

Raiffeisenbank Hiltenfingen

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About Raiffeisenbank Hiltenfingen in Germany

Raiffe­isenba­nk Hilten­fingen