Cologne Bank
 Kölner Bank eG
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| Country |
 Germany
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| Seat | Hohenzollernring 31–35 50672 Cologne |
| legal form | registered cooperative |
| Bank code | 371 600 87 |
| BIC | GENO DED1 CGN |
| founding | 1867 |
| resolution | 2017 |
| Association | Cooperative Association - Association of Regions e. V. |
| List of cooperative banks in Germany | |
The Kölner Bank eG was a cooperative bank based in Cologne . It was one of the largest Volksbanks in the Rhineland and ranked 68th among all German Volksbanks and Raiffeisenbanks in terms of total assets . Their area of activity included the city of Cologne and neighboring communities. In 2017, the Cologne bank celebrated its 150th anniversary. The merger to form Volksbank Köln Bonn took place retroactively as of January 1, 2017 .
history
The legal predecessor of the Kölner Bank is the “Kölner Vorverschuß- und Creditverein e. G. ”, which was created on October 27, 1861 by several master craftsmen and, based on the Prussian cooperative law passed in March 1867 , took on the legal form of a registered cooperative , which was entered in the cooperative register on September 27, 1867 . The founders included the factory owner Ernst Schmidts ( Cologne-Lindenthal ), the master locksmith Heinrich Engelskirchen (Cologne), the building trade master Josef Steinkrüger (Cologne) and the chief guild master Gustav Pesch ( Cologne-Ehrenfeld ). On March 16, 1869, the name was changed to “Kölner Gewerbebank e. G. ”, which in turn was converted into a stock corporation in September 1923 . The liquidation of the AG was already decided on May 5, 1925, the bank returned to its original legal form (GmbH). In 1960 the name was changed to “Kölner Bank von 1867 e. G. “instead.
The number of members was 2,300 during the currency reform in June 1948, and in December 1966 it was 10,200; the balance sheet total grew from 3.2 million DM to 180 million DM.
In April 1991, the bank moved into the “IBM high-rise” on Hohenzollernring No. 31-35 with 11,000 square meters of floor space. Its membership continued to grow rapidly, and in 1985 it registered 25,000 members. By 2015 the number doubled to 50,000, in 2016 there were already 51,600 members.
In October 2017 (retroactive to January 1, 2017) the bank merged with Volksbank Bonn Rhein-Sieg eG to form Volksbank Köln Bonn eG .
organization structure
The legal basis was the cooperative law and the statutes issued by the representative assembly of the Kölner Bank eG . The organs of the bank were the management board , the supervisory board and the representative assembly.
The Kölner Bank eG had 27 branches (plus 4 self-service branches and 13 external ATMs ) in the Cologne city area.
Business direction and business success
The Kölner Bank eG operated the universal banking business for private and corporate customers as Volksbank . In addition to the classic loan and deposit business , she worked in the association business with Bausparkasse Schwäbisch Hall , R + V Versicherung , the investment company Union Investment , Deutsche Genossenschafts Hypothekenbank , VR Leasing and Teambank Nürnberg (e @ syCredit) .
Employee
The Kölner Bank employed a total of 382 people in 2016. 57 apprentices trained at the Cologne bank.
social commitment
The Kölner Bank was committed to Cologne and the people in the region. In 2016, almost 200 social and charitable projects were funded and 240,000 euros were raised for them. The Kölner Bank has been operating a crowdfunding platform with all zesamme since 2014 . Citizens and Kölner Bank made joint donations for charitable projects in the region. The bank supported projects worthy of funding in Cologne with a total of 50,000 euros per year through its association “One for another”. The aim of the association was to actively provide “help for self-help” in and for the region. Once a year, employees of the bank got involved as part of a volunteer day.
Individual evidence
- ↑ a b Master data of the credit institute at the Deutsche Bundesbank
- ↑ List of all cooperative banks 2016 ( memento of the original dated August 20, 2017 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ 150 years of Kölner Bank eG - Volksbank Köln Bonn eG. (No longer available online.) Archived from the original on October 5, 2017 ; accessed on October 5, 2017 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Breker-Druck, 100 Years of the Kölner Bank from 1867, 1867-1967 , 1967, p. 36
- ↑ Breker-Druck, 100 Years of the Kölner Bank from 1867, 1867-1967 , 1967, p. 70
- ↑ Breker-Druck, 100 Years of the Kölner Bank from 1867, 1867-1967 , 1967, p. 93
- ↑ Figures and facts - Volksbank Köln Bonn eG. (No longer available online.) Archived from the original on October 5, 2017 ; accessed on October 5, 2017 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Kölner Bank eG - Annual Report 2016 . ( webmodulservice.de [accessed on October 5, 2017]).
Coordinates: 50 ° 56 ′ 18.3 ″ N , 6 ° 56 ′ 19.2 ″ E