Volksbank Rhede
in Germany 🇩🇪
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About Volksbank Rhede in Germany
Volksbank Rhede is a German cooperative bank (Genossenschaftsbank) headquartered in Rhede, North Rhine-Westphalia. As a member-owned financial institution, it operates as part of the German Cooperative Financial Group (Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken), serving retail customers and small to medium-sized enterprises (SMEs) in the southwestern region of the Kreis Borken district.
With total assets of approximately €980 million as of 2023, Volksbank Rhede ranks as the 716th largest bank in Germany and the 299th largest cooperative bank in the country. The bank is owned by its members through shares, embodying the cooperative principle of collective ownership and democratic governance.