Question 1

What is Raiffeisenbank Altmühl-Jura?

Accepted Answer

Raiffeisenbank Altmühl-Jura is a German cooperative bank (Genossenschaftsbank) headquartered in Greding, Bavaria. It is a member-owned financial institution operating within the German Cooperative Financial Group (Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken).

The bank provides universal banking services to approximately 30 million customers across its service area, focusing on retail banking, business banking, and insurance services. As of 2024, the bank manages total assets of approximately €618 million and holds a Fitch credit rating of AA-, indicating very high credit quality.

Question 2

When was Raiffeisenbank Altmühl-Jura founded?

Accepted Answer

The history of Raiffeisenbank Altmühl-Jura dates back to 1881, when the earliest predecessor institution was established. The bank's evolution reflects the broader consolidation trend among German cooperative banks.

In 1899, the Raiffeisenbank in Greding pioneered local infrastructure development by building the town's electricity supply system, producing power through water-driven generation at the Achmühle mill. Throughout the 20th century, the bank underwent numerous mergers with neighboring cooperative banks, including fusions in 1968, 1970, 1971, 1972, 1978, and 1979.

The bank's modern structure emerged through two major consolidations. In 2000, Raiffeisenbank Greding eG merged with Raiffeisenbank Thalmässing eG to form Raiffeisenbank Greding-Thalmässing eG. The current Raiffeisenbank Altmühl-Jura eG was established in 2022 through the fusion of Raiffeisenbank Greding-Thalmässing eG with Raiffeisenbank Beilngries eG.

Question 3

Where is Raiffeisenbank Altmühl-Jura headquartered?

Accepted Answer

Raiffeisenbank Altmühl-Jura is headquartered at Marktplatz 9 in Greding, Bavaria, Germany. Greding serves as the legal seat and main branch of the bank.

Question 4

Where does Raiffeisenbank Altmühl-Jura operate?

Accepted Answer

The bank operates throughout the Altmühl-Jura region in Bavaria, serving the southern part of Landkreis Roth and the northern part of Landkreis Eichstätt. The bank maintains six branch locations to serve its local communities:
• Greding (Main branch and legal headquarters)
• Thalmässing (Branch office)
• Eysölden (Branch office)
• Obermässing (Branch office)
• Beilngries (Branch office)
• Kinding (Branch office)

Question 5

What services does Raiffeisenbank Altmühl-Jura offer?

Accepted Answer

Raiffeisenbank Altmühl-Jura operates as a universal bank, offering comprehensive financial services to retail and business customers. The bank's product portfolio includes:

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

Business Banking: Business accounts, commercial lending, investment loans, working capital financing, and payment processing services.

Investment Services: Trading accounts, pension plans, and access to Union Investment mutual funds through the cooperative network.

Insurance Products: R+V Insurance products, building savings through Bausparkasse Schwäbisch Hall, and various protection products.

Digital Services: Online banking platform, VR Banking mobile app for iOS and Android, VR SecureGo plus security app, online appointment scheduling, electronic mailbox for statements, and WhatsApp customer service. The bank provides 24/7 digital access to accounts with features including payment templates, transaction notifications, spending analysis tools, and currency exchange capabilities.

The bank operates within the cooperative financial network, collaborating with DZ Bank, R+V Versicherung, Bausparkasse Schwäbisch Hall, Teambank, VR Smart Finanz, DZ Hyp, and Union Investment.

Question 6

What makes Raiffeisenbank Altmühl-Jura unique?

Accepted Answer

Raiffeisenbank Altmühl-Jura is distinguished by several unique characteristics:

Electricity Network Operation: The bank is the only institution within the Genossenschaftsverband Bayern (Bavarian Cooperative Association) that also operates as an electricity grid operator. Through its subsidiary SVG (Stromversorgung Greding), the bank supplies electricity to approximately 1,900 customers. The bank operates the power grid in the core area of Greding and can be chosen as an electricity provider by any consumer in the service areas of N-ERGIE and Bayernwerk.

Member Ownership Structure: As a registered cooperative (eingetragene Genossenschaft - eG), the bank is owned by its approximately 18 million members who hold shares. The cooperative structure follows the principles of self-help, self-management, and self-responsibility, with each member having equal voting rights regardless of capital contribution.

Institutional Protection Scheme: The bank participates in the BVR Institutssicherung GmbH (BVR-ISG), Germany's cooperative deposit guarantee scheme, which protects deposits beyond the statutory €100,000 limit. This scheme has earned a Fitch rating of AA-.

Long-Standing Regional Commitment: With roots extending back to 1881, the bank maintains deep connections to the local community and economy, particularly supporting small and medium-sized enterprises (SMEs) in the region.

Question 7

What type of financial institution is Raiffeisenbank Altmühl-Jura?

Accepted Answer

Raiffeisenbank Altmühl-Jura is a Genossenschaftsbank (cooperative bank), specifically operating under the legal form of an eingetragene Genossenschaft (eG), which translates to a "registered cooperative."

In Germany, cooperative banks are member-owned financial institutions that operate on cooperative principles established in the 19th century by pioneers like Friedrich Wilhelm Raiffeisen. The bank is registered in the cooperative register (Genossenschaftsregister) at the District Court of Nuremberg under GnR 121.

As a credit institution (CRDCREINS) under German banking law, the bank is supervised by the German Federal Financial Supervisory Authority (BaFin) and operates under the regulatory framework of the European Banking Authority. The bank holds an authorization date of November 20, 2013, confirming its status as a regulated financial institution.

Raiffeisenbank Altmühl-Jura is part of the German Cooperative Financial Group (Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken), one of the three pillars of the German banking system alongside commercial banks and public savings banks (Sparkassen). This network comprises approximately 700 cooperative banks throughout Germany with a combined 18 million members.

Question 8

What is the governance structure of Raiffeisenbank Altmühl-Jura?

Accepted Answer

As a cooperative bank, Raiffeisenbank Altmühl-Jura follows a democratic governance structure based on cooperative principles. Members exercise their ownership rights through a General Assembly where decisions are made on the basis of "one member, one vote," regardless of the amount of capital contributed.

The bank is managed by executive boards composed of members, with oversight provided by supervisory boards also drawn from the membership. This ensures self-management and self-responsibility within the cooperative framework. The bank is also subject to regular audits by a cooperative auditing association, which is mandatory for all German cooperatives.

Question 9

How does Raiffeisenbank Altmühl-Jura support the local community?

Accepted Answer

Raiffeisenbank Altmühl-Jura maintains a strong focus on regional economic development and community support. The bank's cooperative structure ensures that profits benefit members and the local community rather than external shareholders.

The bank prioritizes lending to small and medium-sized enterprises (SMEs) in the region, supporting local business development and job creation. Through its unique electricity distribution subsidiary SVG, the bank directly contributes to local infrastructure and energy supply.

As a member-based institution, the bank makes decisions that align with the interests of local residents and businesses, fostering long-term relationships and sustainable economic growth in the Altmühl-Jura region. The bank operates with extended customer service hours, offering consultations Monday through Friday from 8:00 AM to 8:00 PM by appointment.

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About Raiffeisenbank Altmühl-Jura in Germany

Raiffe­isenba­nk Altmüh­l-Jura