Question 1

What is Raiffeisenbank Türkheim?

Accepted Answer

Raiffeisenbank Türkheim is a regional cooperative bank serving communities in the eastern Landkreis Unterallgäu in Bavaria, Germany. Headquartered in the market town of Türkheim, the bank provides universal banking services to individuals, businesses, and agricultural customers across multiple municipalities in the Wertach and surrounding regions. As an independent member of the DZ Bank cooperative network, the bank emphasizes personalized financial services and local economic development.

The bank operates as part of Germany's Volksbanken Raiffeisenbanken cooperative banking system, collaborating with major financial partners including R+V Versicherung, Bausparkasse Schwäbisch Hall, Union Investment, and VR Leasing.

Question 2

When was Raiffeisenbank Türkheim founded?

Accepted Answer

The bank was originally founded on January 15, 1903, in Türkheim. The current Raiffeisenbank Türkheim eG resulted from a 1990 merger between Raiffeisenbank Türkheim-Rammingen-Wiedergeltingen eG and Raiffeisenbank Tussenhausen-Zaisertshofen eG, both based in their respective communities.

The formation involved several prior consolidations: Raiffeisenbank Tussenhausen-Zaisertshofen eG was created in 1978 through the merger of Raiffeisenkasse Tussenhausen eG with Raiffeisenkasse Zaisertshofen eG. Meanwhile, Raiffeisenbank Türkheim-Rammingen-Wiedergeltingen eG was formed in 1987 from the merger of Raiffeisenbank Türkheim/Wertach eG with Raiffeisenbank Rammingen-Wiedergeltingen eG. The latter had itself been created in 1980 when Raiffeisenbank Rammingen eG merged with Raiffeisenkasse Wiedergeltingen eG.

These strategic consolidations strengthened the bank's regional presence and operational efficiency while maintaining cooperative principles.

Question 3

Where is Raiffeisenbank Türkheim headquartered?

Accepted Answer

The bank's legal seat and main office are located in Türkheim, Bavaria, at Maximilian-Philipp-Straße 14, 86842 Türkheim, Germany. Türkheim is a market town in the Landkreis Unterallgäu in the Swabian region of Bavaria.

Question 4

Where does Raiffeisenbank Türkheim operate?

Accepted Answer

Raiffeisenbank Türkheim serves the eastern portion of Landkreis Unterallgäu, maintaining a network of five branches across the region:
• Türkheim - main office and legal seat
• Rammingen - full-service branch
• Wiedergeltingen - branch office
• Zaisertshofen - branch office
• Tussenhausen - branch office

This multi-location presence reflects the bank's evolution through mergers and its commitment to maintaining accessible banking services across its service territory.

Question 5

What services does Raiffeisenbank Türkheim offer?

Accepted Answer

As a universal bank, Raiffeisenbank Türkheim provides comprehensive financial services:

Retail Banking: Multiple account options including VR-Konto Online (EUR 4.90/month), savings products, consumer loans through easyCredit, and payment cards from Mastercard including the premium GoldCard with enhanced benefits.

Real Estate Finance: Residential mortgages, construction financing, building savings contracts through Bausparkasse Schwäbisch Hall, and special autumn promotions offering 0.10% interest rate advantages through partnerships with Münchener Hypothekenbank.

Investment Services: Securities depot accounts with online opening capability, investment funds through Union Investment, pension planning, and wealth management advisory services.

Business Banking: Business accounts, commercial lending, payment processing (BankingManager), commercial property financing, and specialized services for agricultural enterprises.

Insurance Products: Comprehensive coverage through cooperative insurance partners including life, property, liability, professional liability (Berufshaftpflicht), and business insurance solutions.

Digital Services: VR Banking App for mobile banking, online banking platform, digital account opening, sender verification (Empfängerüberprüfung) for enhanced security, and Wero instant payment system.

Additional Services: Leasing through VR Leasing, safe deposit boxes, real estate search services, and corporate succession planning advisory.

Question 6

What makes Raiffeisenbank Türkheim unique?

Accepted Answer

Raiffeisenbank Türkheim stands out through its extensive branch network serving five communities, unusual for a bank of its size. This multi-location strategy ensures accessible in-person banking across a geographically dispersed service area while maintaining the advantages of a single institution.

With over 120 years of banking history in the region and cooperative ownership structure, the bank emphasizes long-term relationships and community accountability. The bank's evolution through multiple mergers demonstrates successful integration while preserving local identity and service quality.

The bank actively promotes cooperative membership, offering members the opportunity to participate in governance decisions, share in profits through dividends, and influence the bank's strategic direction. This "Mitwissen, mitbestimmen, mitverdienen" (co-knowledge, co-determination, co-earning) philosophy distinguishes cooperative banks from investor-owned institutions.

Regional engagement includes support for local businesses, agricultural operations, and community initiatives, reinforcing the bank's role as a catalyst for regional economic development.

Question 7

What type of financial institution is Raiffeisenbank Türkheim?

Accepted Answer

Raiffeisenbank Türkheim eG is a Genossenschaftsbank (cooperative bank) organized under German cooperative law. The legal form "eingetragene Genossenschaft" (eG) indicates member ownership with democratic governance principles.

The bank is registered in the cooperative register at Amtsgericht Memmingen under GnR 717. Governance follows the German Cooperative Act (Genossenschaftsgesetz) with three governing bodies: executive board (Vorstand), supervisory board (Aufsichtsrat), and general assembly (Generalversammlung) where members exercise voting rights.

Deposits are secured through the BVR Institutssicherung GmbH (institutional protection scheme) and the additional voluntary deposit guarantee scheme of the Bundesverband der Deutschen Volksbanken und Raiffeisenbanken e.V. As a member of the DZ Bank group, the bank benefits from the cooperative financial network's comprehensive protection mechanisms and institutional support infrastructure.

Raiffeisenbank Türkheim

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About Raiffeisenbank Türkheim in Germany

Raiffe­isenba­nk Türkheim