Hessian bank association

The Hessische Bankverein , based in Kassel, is a former German credit institute that was founded in 1908 and taken over by Commerzbank AG in 1922 .

history

Headquarters of the Hessischer Bankverein on Königsplatz, the building has been used by Commerzbank since the merger

The Hessische Bankverein was created in 1908 through the merger of the banking houses JC Plauth & Co. in Eschwege and Leopold Plauth & Co in Kassel . With the establishment of branches in Hannoversch Münden and Witzenhausen , the takeover of two private banks in Fulda and two advance payment associations in Neukirchen and Rotenburg an der Fulda , the Hessische Bankverein expanded its business area to all of Northern Hesse. In 1909, the Hessische Bankverein also took over Paderborner Bank AG in Paderborn , which had recently become insolvent.

In 1922, the Hessische Bankverein was taken over by Commerzbank AG .