Sparkasse Mittelthüringen

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Logo of the savings banks  Sparkasse Mittelthüringen
Headquarters in Erfurt, Anger 25/26
Headquarters in Erfurt, Anger 25/26
Country GermanyGermany Germany
Seat Anger 25/26
99084 Erfurt, Germany
legal form Institute of public right
Bank code 820 510 00
BIC HELA DEF1 WEM
Association Savings Banks and Giro Association Hessen-Thuringia
Website www.sparkasse-mittelthueringen.de
Business data 2019
Total assets 4.652 billion euros
insoles 3.765 billion euros
Customer credit 2.526 billion euros
Employee 784
Offices 58
management
Board of Directors Lord Mayor Andreas Bausewein , Chairman
Board Dieter Bauhaus (Chairman)
Hans-Georg Dorst
Michael Haun
List of savings banks in Germany

The Sparkasse Mittelthüringen is a public-law savings bank with headquarters in Erfurt in Thuringia . Its business areas are the districts of Sömmerda and Weimarer Land as well as the cities of Erfurt and Weimar .

organization structure

The Sparkasse Mittelthüringen is an institution under public law . The legal basis is the Banking Act , the Thuringian Savings Banks Ordinance, the Thuringian Savings Banks Act and the statutes issued by the Sparkasse's administrative board . The organs of the Sparkasse are the board of directors and the administrative board.

Board of Directors and Board of Directors

The board of directors of Sparkasse Mittelthüringen currently consists of:

  • Dieter Bauhaus (CEO)
  • Hans-Georg Dorst (Deputy Chairman of the Board)
  • Michael Haun (board member)

The sixteen-member board of directors consists of the four district administrators and mayors of the cities and districts in the business area, seven other knowledgeable members and five employee representatives. Every year the chairmanship rotates between the district administrators and lord mayors of the region.

The chairmen of the administrative board of Sparkasse Mittelthüringen are:

Business direction and business success

The Sparkasse Mittelthüringen operates the universal banking business as a savings bank . It is the market leader in its business area. According to its own information, the bank has a market share of 52 percent with around 211,000 current accounts in Central Thuringia. Sparkasse Mittelthüringen reported total assets of EUR 4.652 billion in the 2019 financial year and customer deposits of EUR 3.765 billion. According to the 2019 Sparkasse Ranking List, it ranks 79th in terms of total assets. It has 58 branches / self-service locations and employs 784 people.
The Sparkasse u. a. with the Landesbausparkasse Hessen-Thüringen , DekaBank and SV SparkassenVersicherung . The Landesbank Hessen-Thüringen assumes the function of a giro center .

The business area of ​​the Sparkasse Mittelthüringen
Economic development of the Sparkasse Mittelthüringen
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Balance sheet total (million euros) 3,472 3,518 3,679 3,547 3,582 3,660 3,822 3,882 4.033 4,007 4.017 4.142
Deposits (million euros) 2,984 3.158 3,106 3,023 3,048 3,092 3,201 3,232 3,312 3,392 3,342 3,345
Customer loans (million euros) 1,352 1,352 1,384 1,483 1,559 1,609 1,715 1.934 2,091 1,971 2,058 2.139
Employee 931 926 937 929 911 887 903 904 893 876 842 800

Social Commitment

The Sparkasse Mittelthüringen regularly organizes art exhibitions and other cultural events in the rooms of the main branches. With a non-profit sponsorship commitment of over 4.8 million euros annually, it also supports hundreds of non-profit projects and institutions in its business area. Many projects in the social, cultural or sporting field would not be feasible without the support of the Sparkasse.

The Sparkasse Mittelthüringen also has three savings bank foundations :

  • Sparkassenstiftung Erfurt
  • Sparkassenstiftung Sömmerda
  • Sparkassenstiftung Weimar - Weimarer Land

These also support a large number of charitable projects and associations in the business area. The three foundations have their history in the old houses before the merger to form Sparkasse Mittelthüringen and are still active today within the geographical limits of the old savings banks.

history

The Sparkasse Mittelthüringen was created in 2003 through the merger of the previously independent savings banks from Erfurt, Sömmerda and Weimar. The merger did not come about due to economic constraints, rather the strategic opportunities of a merger in competition were used in a targeted manner and implemented in recent years.

The name of the institute was derived from the geographical area.

The three predecessor institutes each came into being in 1952 as part of the reorganization of the savings banks in the GDR .

The "early days" of the Central Thuringian savings banks

The first savings bank in today's business area of ​​Sparkasse Mittelthüringen was founded in Weimar in 1821. From then on, the number of independent savings banks in the region grew rapidly until the end of the 19th century. By 1890, a total of 16 independent savings banks had been created.

The first own business building of the Sparkasse Weimar (1848)
Foundation history of the Sparkasse Mittelthüringen
founding Institute
1821 Sparkasse Weimar
1823 Sparkasse Erfurt
1841 Sparkasse Weißensee
1844 Sparkasse Stotternheim
1845 Sparkasse Apolda
1846 Sparkasse Gebesee

Sparkasse Kindelbrück

1848 Sparkasse Koelleda
1849 Sparkasse Sömmerda
1850 Sparkasse Buttstädt
1856 Sparkasse Vieselbach

Sparkasse Blankenhain

1878 Sparkasse Kannawurf
1884 Sparkasse Bad Berka
1888 Sparkasse Großrudestedt
1890 Sparkasse Rastenberg

Sparkasse Weimar (February 16, 1821)

The founder of the Sparkasse, Maria Pawlowna, in a portrait in the Weimar Castle

In 1820, the Hereditary Grand Duchess and later Grand Duchess Maria Pawlowna suggested the establishment of a savings bank in Weimar, since as many strata of the population as possible should have the opportunity to invest their money and thus make provisions for the future. As a result, a savings bank association was formed, to which 16 founding members belonged - including the mayor Carl Leberecht Schwabe. After the necessary formalities had been completed, the savings bank was finally opened on February 16, 1821 on the occasion of the birthday of its founder, Maria Pavlovna. On February 17th the first customers - two maids - paid in their savings of 6 and 50 thalers respectively.

Sparkasse Erfurt (April 21, 1823)

The founding in the Prussian city ​​of Erfurt was different . Here it was the magistrate who initiated the establishment of a communal savings bank. With its resolution of April 9, 1822 to found a savings bank, the Erfurt magistrate combined the following objective: "To give everyone who is able to make small savings the opportunity to store them securely and with interest in order to be able to do so in the event of the To collect capital if necessary or in need. ". The less affluent residents of Erfurt - such as B. maids or day laborers - should have the first opportunity to invest their savings with interest. The Sparkasse's business operations finally began on April 21, 1823. The savings bank was connected to a lending company that was allowed to lend money against pledges. Since the Prussian Sparkasse Regulations of 1838, it has also been possible for the Sparkasse to invest the savings it had made in its first mortgages, in loans to its own guarantor and in domestic government bonds and Pfandbriefe. The Sparkasse developed quite dynamically in the first 20 financial years. With deposits of 230,408 thalers and 4,976 savings bank books, the Sparkasse Erfurt took 13th place among the largest savings banks in Prussia in 1849, ahead of Cologne and Dortmund.

Sparkasse Apolda (July 26, 1845)

As a result of the founding of the savings banks in the area - especially in Erfurt and Weimar - the city council of Apolda was instructed by a rescript of the Grand Ducal Provincial Directorate of April 24, 1845 to come to an agreement on whether it was sensible and also possible to work in Apolda to found her own savings bank. As early as May 8, 1845, the Apolda city council made the decision to found its own savings bank. The regulations drawn up by Mayor Müller were approved by the city council on June 5, 1845. On July 23, the public was informed by circular letter about the impending establishment of Sparkasse Apolda on July 26, 1845. The Sparkasse was initially opened every two weeks on Sundays between 3 p.m. and 6 p.m. The first deposits earned interest at 3 1/3%.

Sparkasse Sömmerda (July 30, 1849)

The first activities to establish a savings bank in Sömmerda began in 1845. District Administrator Carl Adolph Ernst von Münchhausen suggested that the city's magistrate set up a collective fund for the Kreissparkasse Weißensee. In a sense, it should be a branch office that only accepts deposits and transfers them to the savings bank at regular intervals. The magistrate took up this idea, but decided to found an independent savings bank for the city of Sömmerda. At the beginning of 1846, the responsible district administrator was officially proposed to found an independent Sparkasse Sömmerda. However, from the point of view of the government in Erfurt, there were three reasons against establishing a Sparkasse Sömmerda. First, the Kreissparkasse Weißensee would be nearby. Second, the city of Sömmerda and the entire district would be the guarantor of this district savings bank and the approval of the district councils would first be required in order to release the city from its partial guarantee. Thirdly, the new Sparkasse should take over bonds from the city and thus reduce their interest burden. It took until September 1847 before the first draft of the statute of the planned savings bank could be presented. After further bureaucratic complications, the Sparkasse der Stadt Sömmerda was able to start operations in the town hall on July 30, 1849. The ticket office was initially open once a week on Monday mornings from 8:00 a.m. to 12:00 p.m. Interest was also paid on the first deposits at 3 1/3%.

The first half of the 20th century

At the beginning of the last century, the Central Thuringian savings banks gradually broke away from their guarantors and thus received the status of independent commercial enterprises. In addition, at the beginning of the First World War, the state was exerting influence on the business of the savings banks. While securities purchases by the savings banks had previously been made largely to strengthen the regional infrastructure, from 1912 at least 60 percent of the securities issued by the savings banks had to be invested in bonds of the German Reich. Thus, with the war, these became the main form of investment. As a result, the customer deposits of the Central Thuringian savings banks doubled between 1911 and 1918. After the war - as with the other German savings banks - the long-term investment business decreased and in return the current and current account deposits increased .

The financial substance of the savings bank was almost completely destroyed by the recession that followed the war. This was shown above all by the reintroduction of emergency money in Weimar at the beginning of August 1923. From October 1927, machines were increasingly used in the Sparkasse Weimar to support the work of the employees. In addition to booking machines, addition and staggering machines as well as letter sealing and addressing machines were purchased. Franking machines, dictation machines and typewriters were added by 1930. In addition, after the period of inflation, the savings banks increasingly focused on gaining new customers. The home savings boxes, which were introduced in Weimar in 1925, could be distributed to over 8,500 customers by 1929. In the north of today's business area there was some restructuring at the beginning of the 1930s. First, the district savings banks of Weißensee and Erfurt were merged and the headquarters of the new "Sparkasse des Kreises Weißensee zu Erfurt" was set up in Erfurt. Then in 1933 the Stadtsparkasse Sömmerda was incorporated into the Sparkasse of the Weißensee district of Erfurt.

In the DDR

New building complexes in the Erfurt Rieth - built during the GDR era

After the end of National Socialism and with the establishment of the German Democratic Republic, the savings banks were given a new look. Since the coexistence of the same tasks of state credit institutes contradicted the socialist economic view, the tasks and customer groups of the individual institute groups were delimited. From now on, the savings banks were exclusively responsible for private customers, freelancers and the private sector with up to ten employees. The main business areas of the Sparkasse were thus the management of Spargiro accounts for private individuals with the processing of payment transactions as well as the granting of loans in accordance with state requirements (e.g. small loans for consumer purposes or the financing of parts of the housing construction).

On the grounds that the steadily increasing housing construction required immediate local support, the financing of the workers' housing cooperatives (AWG) was transferred to the savings banks by an instruction from the Ministry of Finance on December 2, 1957. These were founded in 1954 and were mostly tied to a sponsoring company. The aim was to involve those looking for accommodation and the sponsoring companies in the construction of the apartments. In addition to paying in the cooperative shares, the members therefore also had to contribute a certain amount of work. The responsibilities for the AWGen changed on January 1, 1971 when the industrial and commercial bank was assigned the lending to the AWGen. However, the savings banks remained account-keeping credit institutions for the AWGs and were, among other things, still responsible for their inter-company auditing.

The archives of the Sparkasse Mittelthüringen did not contain any specific information on the business relationships between Sparkasse Erfurt and cooperatives. The annual financial statements that are still available are not detailed enough. Only the above-mentioned list of mortgages for the properties of the Tiergarten-Gartenstadt Erfurt housing cooperative has been preserved.

Since 1986, the savings banks have been given the task of granting young married couples loans to pay their share in the cooperative after joining a socialist housing cooperative. In this way, the Sparkasse was able to support the cooperative system at least indirectly.

The "turning point", anniversaries and mergers

After the fall of the Wall, the central Thuringian savings banks began to be reorganized. They were declared to be institutions under public law with the corresponding districts as guarantors. In addition, board members and board members were appointed. The first practical test for the savings banks was the monetary union on July 1, 1990. In the same year, the Sparkasse Weimar also acted as a pilot savings bank among the 196 Eastern savings banks at the time when it switched to the West German IT system.

The restructuring in the economic environment of the Central Thuringia region after the fall of the Wall was a particular challenge. The growing customer service as well as the new, nationwide legal provisions meant that the staff of the Central Thuringian savings banks had to be trained even better and more specifically. The infrastructure of the region, which at that time had a lot of catching up to do with the old federal states, was sustainably strengthened through lending - especially to regional and medium-sized companies - and adapted to the level of West Germany.

Due to the upcoming regional reform in Thuringia, the Stadt- und Kreissparkasse Weimar merged with the Kreissparkasse Apolda to form the Sparkasse Weimar in 1994. The legal merger took place on February 15, 1994, while the technical merger took place on June 18 of the same year. This was to remain the last merger of two savings banks in Central Thuringia until the final merger to form Sparkasse Mittelthüringen. This created the largest credit institute with 27 branches in Weimar and Apolda as well as in the Weimarer Land district and one of the largest employers in the region with 340 employees.

Despite this previous merger, the Sparkasse celebrated the 150th anniversary of Sparkasse Apolda the following year. In 1996, the 175th anniversary of the Sparkasse Weimar followed - the oldest of the institutes that today belong to the Sparkasse Mittelthüringen. In 1998 the 175th anniversary of the Sparkasse Erfurt was celebrated and three years later the 150th anniversary of the Kreissparkasse Sömmerda followed.

In order to be able to meet the growing demands of the competition, the Kreissparkasse Erfurt finally merged with the Sparkasse Weimar and the Kreissparkasse Sömmerda to form the Sparkasse Mittelthüringen in 2003.

The Erfurter Hof with the Sparkasse logo and the Willy Brandt monument

The Sparkasse Mittelthüringen today

With the merger, Sparkasse Mittelthüringen has taken a significant step towards further successful development. It is now the largest savings bank in Thuringia and the sixth largest in the new federal states. With a constant number of around 900 employees, it is one of the largest employers in the region. As a result of the merger, some restructuring was carried out, such as the relocation of some departments to the "Erfurter Hof" building in 2007. This accounted for the increased number of employees and the company processes could be optimized through centralization.

In 2011, Sparkasse Mittelthüringen also established the Private Banking department . The employees employed there have specialized in managing large assets and thus being able to meet the requirements in this market segment. Furthermore, on February 25, 2008, the company was awarded the certificate for the berufundfamilie audit . Sparkasse Mittelthüringen was the first commercial enterprise in Thuringia to be awarded this certificate. In 2013 the Sparkasse Mittelthüringen celebrated its 10th merger anniversary. The actual roots of the institute go back over 190 years.

Web links

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. DSGV.de, May 4, 2020, accessed on May 4, 2020 .
  3. Press center of the Sparkasse Mittelthüringen. (PDF) Retrieved April 28, 2014 .
  4. Sparkasse Ranking List 2019 (PDF; 199 kB, 9 pages) In: Finanzgruppe Deutscher Sparkassen- und Giroverband. DSGV.de, May 4, 2020, accessed on May 4, 2020 .
  5. ^ Good for Central Thuringia: Brief business report and benefit balance 2011. Erfurt: Sparkasse Mittelthüringen, 2011.
  6. a b c d e f Business reports 2012-2017 of the Sparkasse Mittelthüringen. (PDF, web view) Retrieved July 20, 2018 .
  7. Hildebrand, Thomas. The history of the savings banks in the Sömmerda district. Kreissparkasse Sömmerda, 1999.
  8. a b Althaus, Gerhard. Chronicles of the Sparkasse Weimar. Finkdruck: Apolda, 1996.
  9. Kruse, Hartmut. "The Sparkasse: Traditional partner of the cooperatives in Erfurt". In: City and History - Magazine for Erfurt, July 2012.
  10. ^ Menzel, Ruth and Eberhard: The story - Sparkasse Erfurt 1823-1998 . Druck & Repro GmbH: Erfurt 1998.

Coordinates: 50 ° 58 ′ 29.8 ″  N , 11 ° 1 ′ 58.2 ″  E