Association of Free Savings Banks

Logo of the Association of German Free Public Savings Banks eV

The Association of Free Savings Banks e. V. is the umbrella organization of the free savings banks in Germany. Free savings banks are not bound municipal savings banks , that financial institutions that are not owned or controlled by a public authority (eg. As community, county, state) are.

Organization and tasks

The association is a registered association based in Frankfurt am Main . The association's office is in Bremen . The organs of the association are the general assembly and the board. According to its statutes, the association's tasks are to “promote the idea of ​​savings and the savings bank system in general” and to promote and support the “special interests of its members” ( lobbying ). This also includes the promotion of cross-border cooperation between the independent savings banks in Europe and intensive public relations work.

The head of the association is Tim Nesemann (Chairman of the Board of Management of Sparkasse Bremen ); Association manager is Dirk Kluba.

The association is an extraordinary member of the German Savings Banks and Giro Association .

Members

The following savings banks are members of the association:

• Bordesholmer Sparkasse AG (stock corporation, until 2006: economic association )
• Sparkasse Bremen AG (stock corporation, until 2004: economic association)
• Sparkasse zu Lübeck AG (stock corporation, until October 31, 2004: foundation)
• Hamburger Sparkasse AG (stock corporation, until 2002: legal entity under old Hamburg law )
• Sparkasse Mittelholstein AG (stock corporation)

Another member is the Sparkasse Westholstein , which emerged as an institution under public law from a former independent savings bank.

Membership of the Frankfurter Sparkasse, now operating as an institution under public law (until 2007: Aktiengesellschaft, until 2005: Wirtschaftlicher Verein), ended at its own request on December 31, 2007. The Spar- und Leihkasse zu Bredstedt AG (Aktiengesellschaft, until 31 December 2003: Foundation ) was taken over by the Nord-Ostsee Sparkasse in 2013 .

The association has 33 savings banks from France, Italy, Luxembourg, Malta, Norway, Austria, Sweden, Switzerland and the Czech Republic as well as the Association of Swedish Free Savings Banks (Fristaende Sparbankers Riksförbund) as extraordinary members .

history

The first German savings banks were often founded by private individuals as independent savings banks at the end of the 18th and early 19th centuries. Municipal savings banks were usually founded later by cities and districts as part of local government. From the beginning of the 19th century, free and municipal savings banks existed side by side. The Association of Free Savings Banks was founded in 1920.

See also

History of the savings banks

Web links

• Internet presence of the Association of Free Savings Banks

Individual evidence

1. ^ E-mail notification from the association
2. ↑ According to the publication of the Flensburg Local Court under HRA 4296 FL, research under http://www.handelsregister.de/