BVB Volksbank

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Logo of the cooperative banks  BVB Volksbank eG
logo
Building on the Bad Vilbel market square
Building on the Bad Vilbel market square
Country GermanyGermany Germany
Seat Bad Vilbel
legal form registered cooperative
Bank code 518 613 25
BIC GENO DEF1 BVB
founding 1924
1997 business dataTemplate: Infobox credit institute / maintenance / data out of date
Total assets approx. 1.5 billion DM
Employee 260
List of cooperative banks in Germany

The BVB Volksbank eG (Bad Vilbel / Bergen-Enkheimer Volksbank) was a cooperative bank based in Bad Vilbel . Today it still exists as a branch of Frankfurter Volksbank , with which it merged in 1999.

history

Logo since 1999

The Bad Vilbeler Volksbank was founded in 1924 by local citizens and merchants. In the next few decades, several mergers with neighboring cooperatives followed, including in 1981 with Raiffeisenbank Berkersheim e. V., which was founded in 1828 as "Spar- und Leihkasse", and in 1991 with Bergen-Enkheimer Volksbank eG. This last association for the time being led to the change of name from Bad Vilbeler to BVB-Volksbank.

In the 1980s, what was then Bad Vilbeler Volksbank played a nationally recognized role as one of the creditor banks in the credit scandal surrounding IBH-Holding , to which Volksbank had lent several million D-Marks .

The business area of ​​BVB-Volksbank recently comprised the cities of Bad Vilbel, Karben and Maintal , the communities Niederdorfelden and Schöneck , as well as the Frankfurt districts of Bergen-Enkheim, Berkersheim, Harheim, Nieder-Erlenbach and Nieder-Eschbach.

On January 1, 1999, the merger with the significantly larger Frankfurter Volksbank eG took place, which with this merger became the second largest Volksbank in Germany in terms of total assets (after the Berliner Volksbank). Many locations in smaller towns and districts did not survive this merger or only as self-service locations, whereas at the time there was lively protest, u. a. in Berkersheim, among the members and customers. Hans-Joachim Tonnellier , CEO of Frankfurter Volksbank, had ruled out branch closings before the cooperation agreement was signed in 1998.

Just a few months before the merger, BVB-Volksbank moved into a new administration building for 30 million DM on the Bad Vilbel market square, which is still in use today by Frankfurter Volksbank. In 2008 more than 400 employees of the Frankfurter Volksbank worked there, more than in the main office on the stock exchange in Frankfurt.

BVB-Volksbank is now legally a branch of Frankfurter Volksbank and still uses its logo in the outdoor advertising of the branches.

Pay before the merger

At the end of 1997, BVB-Volksbank had 56,000 customers, employed 260 people and had total assets of around DM 1.5 billion. At the same time, Frankfurter Volksbank had 160,000 customers with 750 employees and a business volume of around DM 5.7 billion.

The bank code of the BVB Volksbank was 51861325.

BVB Foundation

Part of the merger agreement between BVB-Volksbank and Frankfurter Volksbank was the establishment of the BVB Foundation . It was created in 2000 with endowment assets of 3 million DM. In the founding agreement, Frankfurter Volksbank committed itself to pay in a further 100,000 DM annually until the foundation's assets reached 5 million DM. The income generated from the foundation's assets is distributed as donations to social institutions, associations, churches, volunteer fire brigades and schools in the former business area of ​​BVB-Volksbank.

Individual evidence

  1. ↑ a b Master data of the credit institute at the Deutsche Bundesbank
  2. ↑ Last official company name according to the cooperative register at the District Court of Frankfurt am Main GnR 101, search at http://www.handelsregister.de/
  3. ↑ a b Hellmuth Wollenberg, Hannelore Otto: Berkersheim - life picture of a village . ISBN 3-83704882-9 , page 74
  4. ↑ Joachim Preuss: In the past you would have shot yourself . In: Der Spiegel . No. 4 , 1986 ( online ).
  5. ↑ Frankfurter Volksbank is doing brilliantly; Before merging with Volksbank Bad Vilbel . In: Börsen-Zeitung , March 4, 1999, p. 6
  6. ↑ Stefanie Schulte: The noiseless rise of the Frankfurter Volksbank . In: Börsen-Zeitung , September 1, 2007, p. 5
  7. ^ New Volksbank merger in sight - Frankfurter and Bad Vilbeler try the cooperation first . In: Börsen-Zeitung , March 5, 1998, p. 11
  8. ↑ I mmobilien newspaper , no. 10/1995 (May 4, 1995), page 4
  9. ↑ Frankfurter Volksbank wants to start renovating its headquarters in March , FAZ.de, January 12, 2005
  10. ↑ Tim Kanning: Frankfurter Volksbank defies the financial crisis . In: FAZ , January 23, 2008, page 47
  11. ↑ Frankfurter Volksbank and Volksbank Bad Vilbel aim to merge . In: FAZ , March 5, 1998, page 27
  12. ↑ bundesbank.de  ( page no longer available , search in web archives )  Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.@1@ 2Template: Toter Link / www.bundesbank.de  
  13. ↑ Three million marks for a good cause . In: Frankfurter Rundschau , local section Wetterau / Main-Kinzig, January 11, 2000
  14. ↑ BVB Foundation - More than 10,000 euros distributed to clubs . In: Frankfurter Rundschau , 19. April 2003

Coordinates: 50 ° 11 '2.4 "  N , 8 ° 44' 41.1"  E