Kreissparkasse Riesa-Großenhain
| Kreissparkasse Riesa-Großenhain | |
|---|---|
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| Seat | Riesa , Germany |
| legal form | Institute of public right |
| founding | 1839 (Großenhain), 1853 (Riesa) |
| resolution | May 2, 2007 |
| Website | www.sparkasse-riesa-grossenhain.de |
The Kreissparkasse Riesa-Großenhain was a public credit institute with headquarters in Riesa , which was merged into the newly created Sparkasse Meißen on January 1, 2007 . From a formal point of view, the institute was taken over by the Kreissparkasse Meißen , which then moved its headquarters to Riesa. The reason for the merger was the connection of the district of Meißen (1996-2008) with the district of Riesa-Großenhain to form the new district of Meißen .
The institute's last annual financial statements were drawn up on December 31, 2006. Before the merger, the Kreissparkasse Riesa-Großenhain had total assets of 1.014 billion euros and a balance sheet profit of 1.9 million euros. The institute's savings deposits totaled 700 million euros.
history
Sparkasse Grossenhain
The establishment of the bank goes back to the year 1837. At that time the city council to Grossenhain decided on a so-called savings bank deputation , which contains general regulations for cash transactions in 20 paragraphs . The savings bank itself was created in April 1839 by a decree of the King of Saxony and was primarily aimed at the poorer class, especially workers and peasants . This is particularly clear from the following communication:
"Just as the savings bank has now been set up especially for the benefit of the poorer class, so we expect that it will make use of the benefits arising from it."
It was not until the third business day , May 13, 1839, that the first deposits were accepted by the Sparkasse Grossenhain. In the following time, the bank grew very quickly, in 1865 there were already deposits of 560,000 thalers . The economic difficulties between 1862 and 1866, triggered by the German Wars of Unification , did not damage the long-term growth of the institute. In 1918 customer deposits were already 18.9 billion gold marks , so the Sparkasse Grossenhain survived the First World War relatively stable.
In contrast, the Second World War had a very negative effect on the bank: the balance sheet as of December 31, 1945 showed 3,478,000 Reichsmarks , but the proportion of real customer deposits was very low at 1,800 RM. This reflects the low level of public confidence in politics and business at the time, which however quickly recovered after the end of the war. The savings bank was newly founded as Kreissparkasse Grossenhain and collected around 15 billion Reichsmarks in deposits by 1947. Due to the currency reform in 1948 in the Soviet zone of occupation, this amount shrank to 5.3 million German marks .
Another problem for the bank was the formation of the Riesa district from municipalities of the administrative authorities in Großenhain and Oschatz in 1952. In the course of this, the Kreissparkasse Grossenhain had to give up a considerable part of the deposits and branches to the new district . The bank then continued to grow steadily, with deposits totaling 39.8 million marks in 1963.
In addition to the range of current and salary accounts, the sale of bonds played an important role in the early 1960s . These were intended to finance municipal housing construction, which was carried out by VEB Kommunalewohnverwaltung Grossenhain . By the end of 1963, the Kreissparkasse Grossenhain had sold securities for 614,000 marks.
Sparkasse Riesa
In 1850, the local trade association suggested setting up a savings bank for the city and the surrounding communities. After discussions with the city council, 21 people finally founded the so-called Sparkassenverein zu Riesa on April 23, 1853 . The statues expressly envisaged the primary purpose of the institute to promote savings, with a clear focus on regional customers:
"The purpose of the Sparcasse zu Riesa is to give the residents of Riesa and the surrounding area the opportunity to save small amounts of money safely and in a usable manner."
What is unusual compared to other banks is that a reserve fund of 1,000 thalers was provided in the statues right from the start . This should be kept flowing and secure customer deposits. After the state government of Saxony officially confirmed the founding of the Sparkasse on June 9, 1853, the institute opened its doors for the first time on July 27, 1853. On the first banking day , a total of 29 customers deposited 345 thalers and 20 groschen. Until 1871 the bank was only open one day a week (Wednesday), but deposits could also be handed over to the cashier in his private apartment .
The cashier of the Sparkasse Riesa was initially cloth merchant Adler. His death in 1860 led to a crisis in the wake of which it was suggested that the institute be placed under public administration. The proposal was implemented on January 1, 1861, the bank, with assets of 110,000 thalers as well as the founding and guarantee capital, was completely transferred to the city administration. The Sparkassenverein zu Riesa was formally dissolved on June 5, 1861, and supervision of the bank was now carried out by the city council . This meant that the Sparkasse was no longer an independent company , which enormously improved trust in the institute. In 1861, more than 40 percent more deposits were collected than in the previous year. The growth continued to a similar extent in the following years, so that in 1865 the first gasworks in Riesa was financed.
Financial difficulties only arose during the German War , as numerous customers canceled their deposits. In the 1870s and 1880s, however, the Sparkasse Riesa expanded its business, so that in 1884 there were six sales outlets in Riesa itself and twelve in the surrounding towns. The continued success led to the decision of the city council on December 20, 1888 to develop a new “modern” regulatory system for the bank. It took a total of ten years to develop; the first draft was not available until 1895. On December 5, 1899, the new statutes were finally formally introduced by the Savings Banks Committee. In the course of this, the share of the city of Riesa in the Sparkasse's profits was increased from 50 to 66 percent.
Despite the strong demand for mortgage loans from 1874, the bank never suffered losses in this segment until the turn of the century. In addition, it could always offer an interest rate of four percent, which was high compared to other savings banks. On July 1, 1905, daily interest payments were introduced, which gave the bank a further boost. In 1913, Sparkasse Riesa was one of the first banks to introduce mechanical aids in bookkeeping by purchasing an addition machine. Another machine was put into operation as early as 1919.
On February 28, 1913, the Sparkasse Riesa decided to take part in the establishment of the Saxon Savings Banks' public pension institution , a forerunner of public welfare . This enabled the institute to offer insurance for the first time. Sparkasse Riesa managed the First World War without major difficulties, but the emerging inflation in Germany slowed the bank's growth. Shortly after the introduction of the Rentenmark, the deposits amounted to several trillion marks - to be precise, 51,267,205,571,000 marks on December 1, 1923.
Regardless of the crisis, Sparkasse Riesa took part in World Savings Day , which was initiated by the first International Savings Bank Day in Milan in 1924 . At the same time as Sparkasse Riesa, the Stadtbank developed into Riesa between 1909 and 1928 , which - similar to the Girokasse in Grossenhain - was primarily responsible for payment transactions and was a member of the Giroverband Sächsischer Gemeinde (Giro Association) .
cooperation
The two district savings banks in the GDR suffered massively from the state-controlled planned economy . Above all, the focus of the business on private individuals weakened the two institutes, so that only below-average growth could be recorded. In the course of the reunification of Germany , both banks were given the status of a public-law credit institution and began to expand their business again from 1990 onwards. After the Saxon state parliament decided in June 1993 to reorganize all districts and independent cities , the two savings banks were also merged. After the reorganization in the 1950s , the district reform of Saxony in 1994/1996 meant the second decisive change in the bank's recent history.
literature
- Seventy-five years of Stadtsparkasse Riesa (1853 - 1928) . Langer & Winterlich, Riesa 1928.
- Walter Jacob: 125 years of Sparkasse Grossenhain (1839 - 1964) . Ed .: Sparkasse Grossenhain. Grossenhain 1964, p. 34 .
Web links
Individual evidence
- ↑ Joint register portal of the federal states. North Rhine-Westphalia , May 2, 2007, accessed on December 6, 2012 (HRA 4190 at Dresden District Court ).
- ↑ 2006 annual financial statements. Federal Gazette , November 7, 2007, accessed on December 9, 2012 (HRA 4190 at Dresden District Court ).
Coordinates: 51 ° 18 ′ 17.3 " N , 13 ° 18 ′ 15" E