Question 1

What is Raiffeisenbank Kieselbronn?

Accepted Answer

Raiffeisenbank Kieselbronn is a small independent cooperative credit institution (Genossenschaftsbank) based in Germany. Operating in the Enzkreis district of Baden-Württemberg, north of Pforzheim, the bank serves retail customers and small to medium-sized enterprises in the Kieselbronn area. As a member-owned cooperative and part of the Volksbanken Raiffeisenbanken cooperative banking network, it has maintained its independence for nearly 130 years.

In 2024, the bank held total assets of 177.83 million euros with approximately 2,400 members and 16 employees. The institution has been rated AA- (very high credit quality) by Fitch with a stable outlook.

Question 2

When was Raiffeisenbank Kieselbronn founded?

Accepted Answer

Raiffeisenbank Kieselbronn was founded on February 24, 1895, making it one of the early cooperative banks established following Friedrich Wilhelm Raiffeisen's principles of self-help and mutual support. The bank was created during the period when cooperative credit institutions were spreading rapidly throughout rural Germany to provide financial services to farmers, craftsmen, and small businesses.

Remarkably, the bank has preserved its independence throughout its 129-year history, avoiding the wave of mergers and consolidations that have characterized German cooperative banking in recent decades. The bank received its current regulatory authorization on November 20, 2013, and is registered at Amtsgericht Mannheim under GnR 500029.

Question 3

Where is Raiffeisenbank Kieselbronn headquartered?

Accepted Answer

The bank is headquartered in Kieselbronn, Baden-Württemberg, at Friedenstraße 11, 75249 Kieselbronn, in the Enzkreis district north of the city of Pforzheim.

Question 4

Where does Raiffeisenbank Kieselbronn operate?

Accepted Answer

Raiffeisenbank Kieselbronn operates exclusively in the Kieselbronn area of the Enzkreis district in Baden-Württemberg. The bank maintains a single branch at its headquarters location, focusing on deep local relationships rather than geographic expansion.

This concentrated service area allows the bank to provide highly personalized attention to its local customer base, maintaining the traditional cooperative banking model of serving a defined community. The bank's motto "Meine Bank gehört mir" (My bank belongs to me) reflects this local ownership and control.

Question 5

What services does Raiffeisenbank Kieselbronn offer?

Accepted Answer

The bank provides comprehensive retail banking services including current accounts (Girokontos) with multiple account models, savings accounts, time deposits, debit cards, and credit cards from Mastercard. Pension plans are available for retirement planning.

Consumer lending includes personal loans, car loans, and mortgage financing for residential properties. Securities trading is available through online brokerage services, allowing customers to trade quickly and easily on stock exchanges.

Business banking services are available for corporate customers (Firmenkunden), including business accounts and commercial lending solutions. The bank emphasizes its role in supporting local small and medium-sized enterprises.

Digital banking services include the VR Banking App for both private and business customers, enabling comprehensive account management from anywhere. The VR SecureGo plus App provides secure transaction authorization using TANs (transaction numbers) or direct approval methods, including confirmation for online payments made with debit or credit cards.

Online banking platforms allow customers to manage exemption orders (Freistellungsauftrag), block cards with just a few clicks, and access various banking services digitally. Call center support is available for customer inquiries.

Insurance products are available through partnerships with R+V Versicherung, building society savings through Bausparkasse Schwäbisch Hall, consumer finance via Teambank, investment funds through Union Investment, leasing through VR Leasing, and mortgage banking via DZ Hyp. The bank operates as a universal bank (Universalbank) in cooperation with DZ Bank.

Question 6

What makes Raiffeisenbank Kieselbronn unique?

Accepted Answer

Raiffeisenbank Kieselbronn stands out as one of the few remaining truly independent small cooperative banks in Germany. Having maintained autonomy since 1895, the institution has resisted consolidation pressures that have reduced the number of German cooperative banks from thousands to hundreds.

As a cooperative (Genossenschaft), members own the bank through shares and participate in decision-making through the annual general assembly (Generalversammlung). The motto "Mitwissen, mitbestimmen, mitverdienen" (Co-know, co-decide, co-earn) embodies the cooperative principle that members have knowledge of operations, voting rights, and share in financial success.

With 2,400 members in a small community, the bank represents a high degree of local ownership and engagement. The single-branch model allows for extremely personalized service, with the 16 employees able to maintain close relationships with customers.

Between 2023 and 2024, customer loans grew by 2.71% to 110.8 million euros, demonstrating continued support for local lending despite total assets declining slightly by 0.87%. This reflects the bank's focus on its core mission of community credit provision.

Question 7

What type of financial institution is Raiffeisenbank Kieselbronn?

Accepted Answer

Raiffeisenbank Kieselbronn is a Genossenschaftsbank (cooperative bank), classified as a credit institution (CRDCREINS) under German banking law. Genossenschaftsbanken are member-owned financial cooperatives operating according to cooperative principles codified in the German Cooperative Act (Genossenschaftsgesetz).

The bank is supervised by BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht), Germany's federal financial supervisory authority, and is a member of the Baden-Württembergischer Genossenschaftsverband e.V. (Baden-Württemberg Cooperative Association) and the DZ Bank cooperative banking group. Deposits up to 100,000 euros are protected through the BVR Institutssicherung GmbH, the institutional protection scheme of the German Cooperative Banking Group, which has never experienced a member bank failure.

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About Raiffeisenbank Kieselbronn in Germany

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