Sparkasse Siegen

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Logo of the savings banks  Sparkasse Siegen
Customer center in Morleystrasse, Siegen
Customer center in Morleystrasse, Siegen
Country GermanyGermany Germany
Seat Morleystr. 2
57072 victories
legal form Institute of public right
Bank code 460 500 01
BIC WELA DED1 YOU
founding October 17, 1842
Association Savings Banks Association Westphalia-Lippe
Website www.sparkasse-siegen.de
Business data 2019
Total assets 4.209 billion euros
insoles 3.309 billion euros
Customer credit 3.097 billion euros
Employee 835
Offices 50
management
Board of Directors Steffen Mues , chairman
Board Wilfried Groos (Chairman)
Günter Zimmermann (Deputy Chairman)
Burkhard Braach
Tillmann Reusch
List of savings banks in Germany

The Sparkasse Siegen is a public-law savings bank based in Siegen in North Rhine-Westphalia . Its business areas are the cities of Siegen, Freudenberg, Hilchenbach, Kreuztal, Netphen and the municipality of Wilnsdorf.

organization structure

The Sparkasse Siegen is a legal institution under public law . The Sparkasse is run by the Sparkassenzweckverband, which is formed by the cities of Siegen , Kreuztal , Netphen and Freudenberg and the municipality of Wilnsdorf . The organs of the Sparkasse are the board of directors and the administrative board . The legal bases are the Savings Banks Act and the Savings Banks Ordinance for North Rhine-Westphalia as well as the articles of association of Sparkasse Siegen. The Sparkasse is a member of the nationwide liability association of the Sparkassen-Finanzgruppe .

Business alignment

The Sparkasse Siegen has the task of ensuring the supply of money and credit, in particular for the population and businesses located in the business area. Making a profit is not the primary purpose of doing business. As a universal bank and market leader in the business area, the Sparkasse provides banking and financial services for both private and corporate customers, from current accounts to asset management, private banking and support for corporate customers.
Sparkasse Siegen reported total assets of EUR 4.209 billion in the 2019 financial year and customer deposits of EUR 3.309 billion. According to the 2019 Sparkasse Ranking List, it ranks 92nd in terms of total assets. It has 50 branches / self-service locations and employs 835 people.

Social Commitment

Sparkasse Siegen and its Foundation for Art and Culture as well as Sparkassenstiftung Zukunft are involved with financial aid and sponsorship for associations and institutions in the Siegen region. Sports clubs, hospitals, the University of Siegen , schools, kindergartens, social, church and cultural associations benefit from this, as do projects to preserve historical values ​​or to improve the quality of life in the region.

history

The Sparkasse Siegen is an amalgamation of six previous savings banks from the city of Siegen and surrounding municipalities.

The oldest predecessor institution of Sparkasse Siegen, Stadtsparkasse Siegen, opened on October 17, 1842 in the town hall. As a municipal institute, it emerged from the midst of the citizens as a self-help institution. The starting point for the establishment of the Stadtsparkasse Siegen - like all other regional savings banks - were not commercial considerations, but the idea of ​​social helpfulness. In particular, the poorer sections of the Siegen population should be given the opportunity to accumulate savings safely and with interest, even in small and very small amounts, as a backup for emergencies.

The development of the Stadtsparkasse Siegen also spurred efforts to set up savings institutes in the neighboring towns. Finally, in 1859 the "Sparkasse for the Ferndorf Office" was established as the predecessor of the Stadtsparkasse Kreuztal and in 1870 the Sparkassen Weidenau (including the former municipality of Netphen) and the Sparkasse Eiserfeld (including the municipality of Wilnsdorf).

On July 1, 1971, the Stadtsparkasse Siegen, Sparkasse Weidenau and Sparkasse Eiserfeld merged to form the new Sparkasse Siegen in the run-up to the municipal reorganization in the core area of ​​Siegerland. On September 1, 2003, it merged with the Stadtsparkasse Kreuztal.

A contract was signed on September 30, 2014, whereby Sparkasse Siegen took over Stadtsparkasse Freudenberg on May 1, 2015 . The councils of the affected communities approved these plans beforehand. With the addition of the City of Freudenberg, five municipalities belong to the Sparkassenzweckverband . The five branches of the Freudenberger Sparkasse are to be protected for ten years.

On May 1, 2018, Stadtsparkasse Hilchenbach was taken over by Sparkasse Siegen, the contract was signed in November 2017 after the councils approved the merger. The technical merger of the two savings banks is scheduled for May 13, 2018. The special purpose association will thus comprise six municipalities.

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. 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 .
  4. [1] [2]
  5. Make one out of two
  6. Contract signed: Stadtsparkasse Hilchenbach merges with Siegen from: SiegerlandKurier (online edition) from November 13, 2017

Coordinates: 50 ° 52 ′ 27.6 ″  N , 8 ° 1 ′ 1.5 ″  E