Kreissparkasse Cologne

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Logo of the savings banks  Kreissparkasse Cologne
Kreissparkasse Köln (4897-99) .jpg
Country GermanyGermany Germany
Seat Neumarkt 18–24
50667 Cologne
legal form Institute of public right
Bank code 370 502 99
Association Rhenish Savings Banks and Giro Association
Business data 2019
Total assets 27.072 billion euros
insoles 20.585 billion euros
Customer credit 20.959 billion euros
Employee 4.010
Offices 173
Board of Directors Michael Kreuzberg , chairman
Board Alexander Wüerst, chairman
List of savings banks in Germany

The Kreissparkasse Köln (Cologne KSK) is a German savings bank with headquarters in Cologne on Neumarkt  18-24. Its sponsor is a special purpose association and not, as its name suggests, the no longer existing Cologne district . It is therefore a special purpose association savings bank .


The oldest legal predecessor of today's Kreissparkasse Köln (KSK Köln) is the “Sparkasse für die Bürgermeisterei Wipperfürth”, which began its activity on September 20, 1853. As a result, she expanded the business area through mergers and transfers in the region. The "Kreissparkasse Mülheim am Rhein" , which had existed since 1856, merged with the "Savings and Loan Fund of the District of Cologne", which had existed since February 1, 1869, to form the "Kreissparkasse of the Districts of Cologne and Mülheim" in the form of a special purpose association . Their first financial year was dominated by the collapse of the German currency and the introduction of the Rentenmark on November 15, 1923. The Wipperfürther Sparkasse merged with the new Zweckverbandssparkasse in 1928. KSK Köln also had to endure the most lasting impairment of its business from the German banking crisis in 1931. The deposit withdrawal forced KSK Cologne to largely cease its lending business. In December 1932 a new special purpose association statute was issued, the members of which remained unchanged until the regional reform in January 1975. With the dissolution of the districts of Mülheim am Rhein and Wipperfürth, the new "Rheinisch-Bergische Kreis" was created on August 1, 1932, as a member of the Sparkassenzweckverband, whose statutes came into force on December 1, 1932. During the time of National Socialism , from 1941 "iron saving" was also propagated at the KSK Cologne.

After the Second World War , with the occupation of Cologne on March 5, 1945, the main office was initially closed, the most important documents of which were temporarily housed in the Minden district office. As early as April 1945, the military government approved the resumption of business operations at KSK Cologne. After the Korean crisis in September 1950, deposits began to grow steadily as increasing employment and real income contributed to savings. The lending business improved at the same time due to increasing construction financing and commercial loans for Cologne's medium-sized businesses. The new headquarters of the Kreissparkasse in Neumarkt No. 16-24 planned by Walter Dietz could already be partially occupied in 1950 and fully occupied in 1952. In November 1953, the expanded ticket hall with the famous Eau de Cologne fountain designed by Eduard Schmitz was put into operation. At the same time, Cologne's second contemporary cinema AKI opened in No. 16 with 313 seats. In 1961, KSK Köln was the first savings bank to introduce the “acquisition loan” for consumer purposes, thus supplementing the classic installment loan . In 1968 she founded Rheinische Gewerbebau Köln GmbH to finance commercial construction work, and in 1972 the first real estate fund was created together with WestLB . In 1985 KSK Cologne took a stake in Informationstechnik-Zentrum Köln mbH (ITZ) and MUK Kapitalbeteiligungsgesellschaft for medium-sized, non -capital market companies. In 1986, cooperation in the area of ​​commercial SME lending business with WestLB Cologne was intensified in the form of joint loans. In 1987 KSK Cologne introduced electronic banking for medium-sized companies.

Area changes due to the regional reform in North Rhine-Westphalia led to significant transfers from branches. Due to the regional reform of January 1975, the KSK lost 26 branches to the Stadtsparkasse Köln ; this " Cologne Law " brought about the dissolution of the former districts of Cologne and Bergheim, which were absorbed into the Erftkreis. The transfer of the branches, which are now outside the guarantor area, was ordered on June 30, 1983 by the savings bank supervision. In January 1985, the Oberbergische Kreis became a member of the Sparkassenzweckverband, whereby the Kreissparkasse Waldbröl became part of the KSK Cologne; In December 1988 the KSK Cologne received eight branches of the Kreissparkasse Euskirchen . The other mergers with the Stadtsparkasse Burscheid (June 1996), the Stadt-Sparkasse Leichlingen (August 2002), the Kreissparkasse in Siegburg (January 2003) and the Sparkasse Hennef (May 2006) were not based on regional reforms . A total of 6 district savings banks, 7 city savings banks and 9 municipal savings banks have merged into the “Kreissparkasse Köln” special purpose association savings bank. Today's association consists of the Rhein-Erft-Kreis , the Rheinisch-Bergisches Kreis , the Oberbergischer Kreis and the Rhein-Sieg-Kreis . The closure of branches announced in June 2018 reduced the number from the current 158 ​​to 113. The merger with Stadtsparkasse Bad Honnef in August 2019 added another 4 branches.

Legal bases

Legal basis

As a credit institution , KSK Köln is subject to the KWG ; as a savings bank, it also has to comply with the provisions of the Sparkassengesetz Nordrhein-Westfalen (SpkG NRW). The statutes of the association and the savings bank statutes are also authoritative . KSK Köln has a full banking license from BAFin under the number 100871 and is therefore allowed to conduct all banking transactions with all customer groups. While the aforementioned regulations regulate the business activities of the savings banks in general, the legal relationship between the savings banks and their customers is regulated by the general terms and conditions of the credit institutions , specifically in the case of the KSK by their terms and conditions.


CEO Alexander Wüerst

Organs of the KSK Cologne are:

  • Administrative board : according to § 4 of the statutes, the administrative board consists of the chairman and another 23 members. According to § 15 SpkG NRW, it determines the guidelines of the business policy, appoints and dismisses members of the board, adopts the annual financial statements and performs other tasks.
  • Board of Directors : The Board of Directors of KSK Cologne is responsible for managing the Sparkasse and represents the Sparkasse in and out of court (Section 20 SpkG NRW). According to Section 5 of the Articles of Association, it consists of five members and two deputy members.

Business area and regional principle

The business area of ​​the Kreissparkasse Köln basically includes the area of ​​the special purpose associations. However, there are smaller savings banks in whose territory KSK Köln is not allowed to have branches:

For historical reasons, the Kreissparkasse maintains its main office and two branches within the city of Cologne, which belongs to the business area of ​​the Sparkasse KölnBonn .

Deposit insurance

With the abolition of guarantor liability as a result of the Brussels Concordance of July 2001, the creditors of all German savings banks were no longer subject to the subsidiary and unlimited liability of the respective municipal institutions. KSK Köln is now - like all savings banks and Landesbanken - subject to a deposit protection fund within the framework of the S-Finanzgruppe , which, like the comparable security institutions of the private banking industry or the cooperative sector, assumes the function of protecting credit institutions that have got into a financial crisis from insolvency in the event of support . The S-Finanzgruppe ensures that the deposits of all customers, including commercial ones, are 100% safe with the Kreissparkasse Köln without any limit on the amount.


As part of its public mandate , KSK Cologne is obliged to promote the economic and social progress of broad sections of the population and medium-sized businesses as well as to support municipalities and other public corporations in the Cologne economic area. With financial services of the investment on the investment advice to corporate finance in all offices the KSK Cologne offers a comprehensive range in the region. The cooperation with the members of the S-Finanzgruppe ensures that KSK Köln can also offer or broker non-Sparkasse financial products (such as leasing , factoring , real estate funds , home loan and savings business or insurance ).

KSK Cologne has been represented on the Internet since 1995 . At that time it was the first German savings bank with its own website . At first, internet users could only access information about the savings bank and its economic development. Internet banking has been possible for customers since 1998 . Visually impaired and blind people have been able to use the website and internet banking without barriers since 2004. The Kreissparkasse developed this offer together with the Sparkasse KölnBonn , the blind and visually impaired association Cologne and a specialized service company.

Depending on the region, KSK Cologne has a high customer reach of 63%. In its January 2010 edition, the magazine “Stiftung Finanztest” examined 21 credit institutions in 147 consultations, of which Commerzbank , KSK Köln and Berliner Sparkasse did the best. As one of the largest savings banks in Germany, it offers the full range of financial services in its extensive sales network with its partners in the Sparkassen-Finanzgruppe. Since September 2012, however, KSK Cologne has closed 43 branches in order to replace them with self-service machines and 4 mobile branches in the area.


Sculpture "Mother with Two Children" by Käthe Kollwitz
Max Ernst Museum

The cultural commitment of KSK Cologne is particularly evident in the 13 foundations with foundation capital of over 75 million euros. Its foundation activities cover the entire spectrum of charitable funding purposes in the areas of social affairs, education, culture, youth development, nature and environmental protection and sport. She is the sponsor of the Käthe Kollwitz Museum Cologne , which began on April 22, 1985 with 15 sculptures, 130 drawings and 230 prints from the savings bank holdings. With a foundation capital of 54.5 million DM, KSK Cologne carried out the most extensive foundation activities of all German savings banks as early as 1996, such as the Cologne Cultural Foundation established in 1983 (whose profits include the Cologne Hänneschen Theater , the Cologne Zoo and the Cologne City Museum , the Rautenstrauch -Joest-Museum , the Roman-Germanic Museum and the Museum Schnütgen ), the Sports Foundation (1992) or the Gifted Foundation founded in 1998 . In 2008, the gifted foundation of the Kreissparkasse Köln founded the association “Alumni of the gifted foundation of the Kreissparkasse Köln” with the chairman Michael Stachowski, who takes in the 1,500 children and young people who are currently supported by the gifted foundation of the Kreissparkasse Köln with a wide range of excursions, exclusive training programs and exclusive lectures. As a company with roots in the Rhineland, KSK Cologne is involved in carnival . As a Cologne company, it supports the Historical Society of Cologne as well as the Cologne Marathon . In 2001, the Sparkasse played a key role in establishing the Max Ernst Foundation . This foundation is run by the Max Ernst Museum in Brühl, which was officially opened on September 3, 2005 in the presence of Federal President Horst Köhler .

Other foundations:

  • Social foundation
  • Culture and Environment Foundation
  • Educational foundation
  • Oberberg Cultural Foundation
  • Burscheid Foundation
  • Leichlingen Foundation
  • Kreissparkassenstiftung for the Rhein-Sieg district
  • City and municipal foundation in the Rhein-Sieg district
  • Kreissparkasse Foundation - For us Pänz
  • Hennef Foundation

Banking data

Against the background of the discontinuation of guarantor liability, KSK Köln and Stadtsparkasse Köln began to have themselves rated by rating agencies in 2005 , as a savings bank-typical increase in refinancing costs of 0.09% of total assets at KSK Köln had to be coped with. The reason was the elimination of the guarantor liability in favor of the savings bank creditors triggered by the Brussels Concordance.

With total assets of almost 24 billion euros, a business area of ​​3650 km², 207 branches and 4000 employees, KSK Köln is the third largest savings bank in Germany. It has always seen itself as a medium-sized savings bank. It is a leader in North Rhine-Westphalia when it comes to brokering promotional loans (through KfW and NRW.Bank ). This is also reflected in the credit volume, 51% of which is attributable to corporate customers and 37% to private customers (2013). By contrast, 54% of deposits and securities are owned by private investors and 44% by companies. The gross interest margin in 2013 was 3.3% and the net interest margin 1.9%, while Sparkasse KölnBonn achieved interest margins of 3.4% and 1.5% with total assets of EUR 28.7 billion. For the individual institute KSK Cologne, this results in a regulatory total capital ratio of 13.05% with a core capital ratio of 10.91% (2013).


Kölsche Evergreens / Kölsche Heimat

Since 1973 the Kreissparkasse Köln has published the Kölsche Evergreens every year , a collection of songs from and about Cologne. By 2014 17 records, 21 CDs, two videos and a mixed-mode CD-ROM had been released. The Kölsche Evergreens were given to customers as promotional gifts and could not be purchased. An exception was made in 2003 with the Megabox , which contained songs from 150 years on three CDs. A third of the sales proceeds went to Lebenshilfe , which supports mentally handicapped people.

In 2015 the series was replaced by the new release Kölsche Heimat .

Famous board

Book author Manuel Falter (born July 18, 1904 in Cologne) is the best-known board member of KSK Cologne, whose book The Practice of Credit Business (1950) is one of the standard works of banking management .

See also


  • Annual reports since 1999 as PDF files on the Kreissparkasse website
  • Anniversary publication 150 years of Kreissparkasse Köln 1853–2003. Publisher: Board of Directors of the Kreissparkasse Köln (without ISBN)
  • Chronicle 150 years of the Kreissparkasse in the Rhein-Sieg district 1854–2004. Publisher: Kreissparkasse Köln (without ISBN)
  • Konrad Rüdelstein / Ingo Ellgering: No future without an origin. Colleagues remember their professional years at the Kreissparkasse Köln. A font from the Kreissparkasse Köln. Completed 8/2000 (without ISBN)
  • The sense of giving. Publisher: Kulturstiftungen der Kreissparkasse Köln. 10/96. ISBN 3-930054-26-4
  • o. A.: “The cultural foundations of the Kreissparkasse Köln” in Rheinisch-Bergischer Calendar 1986, p. 117, ISBN 3-87314-156-6

Web links

Commons : Kreissparkasse Köln  - Collection of images, videos and audio files

Individual evidence

  1. a b Master data of the credit institute at the Deutsche Bundesbank
  2. Sparkasse Ranking List 2019 (PDF; 199 kB, 9 pages) In: Finanzgruppe Deutscher Sparkassen- und Giroverband., May 4, 2020, accessed on May 4, 2020 .
  3. ^ Hans Pohl, Wirtschaft, Unternehmen, Kreditwesen , 2005, p. 1083.
  4. KSK Cologne, Annual Report 1931 , p. 4.
  5. Hans Pohl, Die Rheinischen Sparkassen , 2001, p. 261.
  6. ^ KSK Cologne, 1986 Annual Report , p. 26.
  7. ^ Hans Pohl, Wirtschaft, Unternehmen, Kreditwesen , 2005, p. 1105.
  8. On August 1, 2019, KSK Cologne took over Stadtsparkasse Bad Honnef, whose branches were also transferred to KSK Cologne. Source: Stadtsparkasse: Zweckverband also gave the green light for fusion today.Retrieved on December 19, 2018
  9., Savings Bank Act
  10. List of approved credit institutions from December 15, 2014 ( Memento of the original from December 24, 2015 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. , BAFin @1@ 2Template: Webachiv / IABot /
  11. GB of KSK Cologne , as of March 2014.
  12. ^ Paul Andrä, financial service provider: A critical assessment of the quality of advice , 2012, p. 18
  13. KSK Cologne, Annual Report 1996 , p. 23.
  14. Oliver Everling / Karl-Heinz Goedeckemeyer, bank rating: credit institutions on the test stand , 2004, p. 16.

Coordinates: 50 ° 56 ′ 11.8 "  N , 6 ° 56 ′ 46.9"  E