Question 1

What is Raiffeisenbank Brixen im Thale?

Accepted Answer

Raiffeisenbank Brixen im Thale is an independent local cooperative bank (eingetragene Genossenschaft, eGen) serving the community of Brixen im Thale in the Tyrol region of Austria. As a member of the Raiffeisen Banking Group Austria, the bank combines the resources and strength of a large banking network with the flexibility and personal service of a locally-owned institution.

With total assets of approximately 115 million EUR as of 2023, the bank focuses on retail banking and business banking services for individuals, professionals, and small to medium-sized enterprises (SMEs) in its regional market.

Question 2

When was Raiffeisenbank Brixen im Thale founded?

Accepted Answer

The bank has been serving customers as an independent Raiffeisenbank for over 100 years, placing its founding in the early 20th century. Like other Austrian Raiffeisen cooperative banks, it was established following the cooperative banking model developed by Friedrich Wilhelm Raiffeisen, which spread throughout the Habsburg Monarchy starting in 1886.

The bank was formed to provide financial services to local farmers, craftsmen, and traders in the Brixen im Thale community. Throughout its history, it has remained in exclusively regional and local ownership, maintaining its independence while benefiting from the broader Raiffeisen cooperative network.

Question 3

Where is Raiffeisenbank Brixen im Thale headquartered?

Accepted Answer

The bank is headquartered in Brixen im Thale, a municipality in the Tyrol region of Austria.

Question 4

Where does Raiffeisenbank Brixen im Thale operate?

Accepted Answer

Raiffeisenbank Brixen im Thale operates primarily in Brixen im Thale and the surrounding Tyrolean region. As a locally-focused cooperative bank, it serves the immediate community and neighboring areas within the Tyrol state. The bank maintains its branch presence in Brixen im Thale while leveraging the broader Raiffeisen network infrastructure for extended services.

Question 5

What services does Raiffeisenbank Brixen im Thale offer?

Accepted Answer

The bank provides a comprehensive range of retail and business banking services including:

Personal Banking: Current accounts (Girokonto), youth accounts, savings accounts, time deposits, debit cards, credit cards, consumer loans, car loans and leasing, mortgage loans (Wohnfinanzierung), and wealth management products including stocks, bonds, funds, and precious metals.

Business Banking: Business accounts, business payment cards, business loans, and commercial financing solutions for SMEs.

Digital Services: The bank offers Mein ELBA online banking platform and mobile app, providing customers with 24/7 account access, self-service functions, and digital payment solutions. Customers can also use RaiPay for mobile contactless payments on Android devices.

Additional Services: The bank offers Raiffeisen Mobil smartphone tariffs, building society products (Bausparen), investment advisory services, and insurance products.

Question 6

What makes Raiffeisenbank Brixen im Thale unique?

Accepted Answer

The bank's distinctive characteristics include:

Local Ownership and Commitment: Unlike many larger banks, Raiffeisenbank Brixen im Thale is 100% owned by local and regional stakeholders, ensuring that decisions are made with the community's interests in mind. The bank has contributed significantly to regional development for over a century.

Cooperative Banking Model: As a registered cooperative (eGen), the bank operates according to cooperative principles, with members having ownership stakes and democratic governance rights.

Network Advantages: Through membership in the Raiffeisen Banking Group, the bank connects the strengths of a major banking group with the personal touch and flexibility of a community bank. Customers benefit from comprehensive deposit protection through the Österreichische Raiffeisen-Sicherungseinrichtung eGen (ÖRS), covering deposits up to 100,000 EUR.

Regional Focus: The bank emphasizes supporting local businesses, fostering community development, and maintaining deep roots in the Tyrolean region.

Question 7

What type of financial institution is Raiffeisenbank Brixen im Thale?

Accepted Answer

Raiffeisenbank Brixen im Thale is a credit institution (Kreditinstitut) in the form of a registered cooperative (eingetragene Genossenschaft, eGen). In Austria, this legal form is common for local Raiffeisen banks and represents a cooperative financial institution where members share ownership.

As a credit institution, the bank is authorized to accept deposits and provide loans under Austrian banking regulations. It is supervised by the Austrian Financial Market Authority (Finanzmarktaufsicht, FMA) and participates in the European Banking Authority's regulatory framework. The bank holds authorization dating back to November 11, 2014, under the current EU regulatory regime.

Raiffeisenbank Brixen im Thale

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About Raiffeisenbank Brixen im Thale in Austria

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