Spar- und Leihkasse zu Bredstedt

Savings and lending bank to Bredstedt AG
Main office in Bredstedt, Markt 29
Country	Germany
Seat	Markt 29 25821 Bredstedt
legal form	Corporation
Bank code	217 512 30
BIC	NOLA DE21 FRG
founding	June 28, 1840
resolution	2013
Association	Savings Banks and Giro Association for Schleswig-Holstein , Association of German Free Public Savings Banks
Website	www.sparkasse-bredstedt.de
management
Board	Peter Westphal, Chairman Bernd Sieslack
Supervisory board	Reinhard Boll, chairman
List of savings banks in Germany

The Spar- und Leihkasse zu Bredstedt AG was a free public savings bank based in Bredstedt in Schleswig-Holstein . With retroactive effect under commercial law at the beginning of 2013, it was incorporated into the public-law Nord-Ostsee Sparkasse .

organization structure

The Spar- und Leihkasse zu Bredstedt AG was finally a stock corporation since January 1st, 2004 . The Sparkasse's legal basis was the Savings Bank Act for Schleswig-Holstein and the articles of association issued by the Sparkasse's general meeting . Other organs of the Sparkasse were the Management Board and the Supervisory Board .

In total, the Spar- und Leihkasse zu Bredstedt AG recently employed a good 100 people. In addition to the main office in Bredstedt, it operated a staffed branch in Langenhorn and a self-service branch in Breklum .

Business direction and business success

The Spar- und Leihkasse zu Bredstedt AG operated the universal banking business as a savings bank . In the network business, she worked with LBS Bausparkasse Schleswig-Holstein-Hamburg AG , DekaBank and Provinzial NordWest as well as Hamburger Sparkasse. Since the turn of the millennium, she had built a focus on lending in the field of renewable energies, especially wind energy. In addition, she has been running an in-house travel agency for many years with the approval of the Savings Banks and Giro Association for Schleswig-Holstein .

Area of ​​business

The business area of ​​the Spar- und Leihkasse zu Bredstedt was the district of North Friesland and the adjacent districts. The possible seat of branches was limited to the area of ​​the former district court district Bredstedt.

history

Changes in legal form

The Spar- und Leihkasse zu Bredstedt was founded on June 28, 1840 as the 56th Sparkasse in the area of ​​today's Schleswig-Holstein. 28 Bredstedt citizens were involved in this. As was common in Schleswig-Holstein at the time, the two duchies were in personal union with the Danish kingdom, it was a private savings bank establishment.

The first change in the legal form of the Sparkasse took place in 1899. From then on it was operated in the form of a limited liability company. This was done for the purpose of being able to work exclusively for the benefit of the city of Bredstedt.

102 years after it was founded, there was another change in legal form. In order to place the savings bank under state supervision and to obtain the security of the ward, all shareholders donated an amount equal to the respective share in the foundation of the foundation savings bank of the same name.

The last change in legal form took place in 2004. With retroactive effect under commercial law to January 1, 2004, 00:00, the Sparkasse's banking operations were outsourced to a stock corporation. Since then, the Sparkasse has operated as a savings and loan bank to Bredstedt AG. The original foundation was renamed Stiftung Spar- und Leihkasse zu Bredstedt Finanzholding and continued to exist as the company holding company of the stock corporation.

Mergers

In the 1930s in particular, there was a wave of savings bank mergers. In 1937, Sparkasse Bredstedt was merged with Langenhorner and in 1942 with Ockholmer Spar- und Leihkasse. Main branches were opened in both places. At last there was only one (staffed) branch of the institute in Langenhorn.

In the post-war period in 1973, the savings and loan fund to Dbodum was also taken over. This event was a novelty at the time, as this institute was a registered cooperative . The local business in the form of a branch business continued until 2002.

Imbalance and entry of the savings bank association

In 2011, the Spar- und Leihkasse zu Bredstedt got into trouble, which initially resulted in merger talks with Sparkasse Mittelholstein AG on the takeover. However, these did not lead to success. As a result, the previous 25.1% minority shareholder, Haspa Finanzholding , and the Savings Banks and Giro Association for Schleswig-Holstein each took over 50% of the capital from the institute's own foundation. The association's participation in a savings bank was a novelty at the time and was the only remaining way out to save the savings bank operations. The takeover by the cooperative VR Bank eG in Niebüll , which is said to have submitted an offer, was not wanted for reasons of savings bank policy . The only remaining savings bank in the region that could have been considered for a merger, the Nord-Ostsee Sparkasse , was itself a restructuring bank at the time and was therefore unable to raise the necessary capital.

Merger with the Nord-Ostsee Sparkasse

At the end of January 2013, the supporting representatives from the savings bank organization announced that the Bredstedter Institute should now merge with the neighboring Nord-Ostsee Sparkasse. The merger finally took place with a merger agreement dated June 25, 2013, with retroactive effect to January 1, 2013. This ended the existence of the Savings and Leihkasse zu Bredstedt almost 173 years after its foundation on June 28, 1840.

literature

• Nicolaus Petersen: Maintaining small savings banks is important for rural development. In: Agrarsoziale Gesellschaft eV: Ländlicher Raum (Volume No. 3/2007), ISSN  0179-7603
• Spar- und Leihkasse zu Bredstedt (Ed.): 150 years of Spar- und Leihkasse zu Bredstedt. Bredstedt 1990

Individual evidence

1. ↑ ^{a b} Master data of the credit institute at the Deutsche Bundesbank
2. ^ Savings Banks Act for the State of Schleswig-Holstein in the version dated September 11, 2008
3. ^ Meike Schreiber: Financial institution in need: Save Our Sparkasse. In: Financial Times Germany . Archived from the original on February 23, 2012 ; Retrieved March 28, 2012 . 
4. ↑ Germany's smallest free savings bank is saved. In: shz.de. Retrieved July 8, 2012 . 
5. ↑ Nospa and Sparkasse Bredstedt are negotiating a merger. (No longer available online.) January 29, 2013, formerly in the original ; accessed on March 28, 2013 (press release).  ( Page no longer available , search in web archives )  Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.    
6. ↑ Ailing savings banks are to merge. (No longer available online.) Shz.de, January 30, 2013, archived from the original on March 4, 2016 ; accessed on March 28, 2013 . 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.  
7. ↑ According to the publication of the Flensburg Local Court under HRA 4296 FL, research under http://www.handelsregister.de/

Coordinates: 54 ° 37 ′ 5.6 "  N , 8 ° 57 ′ 47.7"  E