Coburg Bank
The Coburg Bank eG was a cooperative bank based in Coburg . When it was founded in 1863, it was the second oldest cooperative bank in Bavaria . In 2006 it merged with VR-Bank Coburg-Rennsteig eG to form VR-Bank Coburg eG. The bank was based at Theaterplatz 10/11. The bank building, completed in 1917 according to plans by the Chemnitz architects Alfred Zapp and Erich Basarke , is listed as an architectural monument in the Bavarian list of monuments .
history
On October 27, 1862, a "provisional committee for the establishment of a Schulze-Delitzschen advance association" invited in particular the members of the Coburg trade association to a meeting in the Coburg town hall . At the meeting, the initiator Joseph Rudolph Geith, the leaseholder of the Coburg gas works and founder of the Annawerk , explained the principle of the "Schulze-Delitzschen advance and credit associations" to the approximately 200 attendees and presented a draft of the association's statutes. A merger with the savings and aid association that had existed since 1844 was originally planned. The founding meeting of the Advance Association in Coburg finally followed on December 18, 1862. 30 Coburg craftsmen and merchants signed the founding protocol. Business operations began on February 1, 1863, and at the same time the association joined the legal profession of German cooperatives. At the beginning, the business was carried out with the help of the Coburg-Gothaische Credit-Gesellschaft , founded in 1856 , which granted the club a starter loan of 5000 guilders, accepted the club's funds and allowed cash transactions to be carried out on its premises.
The ducal state ministry granted the association the rights of a legal person on July 20, 1863 and initially granted a tax exemption. In 1882 he joined the auditing association of the Thuringian cooperatives, and in 1896 the entry in the cooperative register - number 1 at the Coburg District Court . After several changes to the name of the association, the company was renamed as an association bank, registered cooperative with limited liability to Coburg . In 1912 the cooperative had 1695 members and the bank had an annual turnover of 78 million marks. The first branch was opened in Rodach in 1914 . After the bank acquired Theaterplatz 11 for 42,000 marks from hotelier Theodor Alphons Herold in 1904, the neighboring house at Theaterplatz 10 was bought by architect August Berger for 37,700 marks in 1910 and a representative bank building was built on the entire site between 1915 and 1917. In 1920, after taking over the savings and advance payment association founded there in 1870, the second branch opened in Sonnefeld . From 1923 to 1927 the Vereinsbank operated as a stock corporation in order to get more capital by issuing shares.
After irregularities through two directors with consequential costs of around 170 thousand Reichsmarks became known in mid-November 1929 and the Coburg private bank Häßler & Hülbig collapsed, there were large withdrawals of customer balances. The liquidity of the Vereinsbank was partially secured by loans from the Bayerische Landesgewerbebank (Central Bank Bayerischer Volksbanken) in the amount of 1 million Reichsmarks and the Dresdner Bank in the amount of 200,000 Reichsmarks. At an extraordinary general meeting on November 25, 1929, around 800 members also agreed to a settlement procedure with the deferral of their shares and assets in order to enable the bank to continue to exist. In the following years, the director Alfred Gmelin was able to reorganize the bank to such an extent that in 1933 the majority of the shares in Coburg-Gothaischen-Bank AG were acquired by the Gotha main shareholder Gutmann and in 1934 the merger to form Coburger Bank eGmbH followed. The balance sheet total for that year was 3.12 million Reichsmarks.
In 1943, under pressure from the National Socialist rulers, the bank was renamed Coburger Volksbank eGmbH , which was reversed ten years later. In 1963 there were 1213 members, the balance sheet total was around 10.6 million DM and sales 300 million DM. In the following decades the bank expanded by taking over Volksbank Neustadt in 1970 and setting up a branch in Weidhausen in the early 1980s Years. In 1988 the bank had 40 employees with total assets of around DM 120.3 million and sales of DM 2.1 billion. 2,750 members had subscribed to shares.
In 1993 the Coburger Bank merged with the Raiffeisenbank Ebersdorf bei Coburg , and in March 2000 it opened a branch in Rödental . In 2006, with total assets of around 255 million euros, the merger with VR-Bank Coburg-Rennsteig eG, which is roughly twice as large, and what is now VR-Bank Coburg eG .
Bank building
The bank building was built from December 1915 by the Coburg construction business Paul Schaarschmidt for the Vereinsbank according to plans by the Chemnitz architects Alfred Zapp and Erich Basarke . The opening was in July 1917. The basement and ground floor initially served the banking business, while apartments were furnished on the upper floors.
In line with a tradition in bank buildings, the neo-classical hipped roof construction is characterized by colossal Ionic columns , six of which are three-quarters of the height of the building and standing on high pedestals . The upper floor windows have ornamented parapet fields. There is an attic storey with small windows above the pillars. The final roof has a three-axis dormer with semicircular windows and a straight end. In the middle of the facade is the entrance, originally equipped with an external staircase. The three-axis secondary sides, structured vertically by Ionic pilasters , have bat dormers in the roof. This is followed by side wings with a simplified wall structure in the small wall or Georgengasse.
At the northeast corner of the building is a war memorial stone by the Chemnitz sculptor Bruno Ziegler . It is an equestrian figure with a war flag and sword standing on a cane-like base.
Six massive urns, four standing on the main cornice and two on the dormer window, were removed in 1957. Most recently, the bank building on Theaterplatz was converted into a branch of the VR Bank at the end of the 2000s. Among other things, the entrance stairs were removed and the ground floor windows of the main facade were enlarged.
literature
- Gerold Eberlein: 125 years of Coburger Bank eG - Festschrift, Annual Report 1987 . Coburger Bank eG, Coburg 1988
- Peter Morsbach, Otto Titz: City of Coburg. Ensembles-Architectural Monuments-Archaeological Monuments . Monuments in Bavaria. Volume IV.48. Karl M. Lipp Verlag, Munich 2006, ISBN 3-87490-590-X
Individual evidence
- ^ Government and Intelligence Gazette for the Duchy of Coburg, October 28, 1862
- ^ Coburger Zeitung, November 5, 1862
- ^ Coburger Zeitung, November 26, 1929
Coordinates: 50 ° 15 ′ 36.5 ″ N , 10 ° 57 ′ 56.5 ″ E