VR Bank Dornstetten-Horb
 VR-Bank Dornstetten-Horb eG
|
|
|---|---|
|
|
| Country |
 Germany
|
| Seat | Dornstetten |
| legal form | registered cooperative |
| Bank code | 642 624 08 |
| BIC | GENO DES1 VDS |
| founding | 1888 |
| Association | Baden-Württemberg Cooperative Association |
| Website | www.vrdh.de |
| Business data 2018 | |
| Total assets | 494 million euros |
| insoles | 381 million euros |
| Customer credit | 255 million euros |
| Employee | 105 |
| Offices | 14th |
| Members | 10,427 |
| management | |
| Board | Gottfried Joos, chairman Stefan Greza Burkhard Hellstern Harald Queisser |
| Supervisory board | Michael Mania, chairman |
| List of cooperative banks in Germany | |
The VR-Bank Dornstetten-Horb eG is a cooperative universal bank. As a cooperative bank, it belongs to the Volksbanken Raiffeisenbanken financial group and is therefore affiliated with the security scheme of the Federal Association of German Volksbanks and Raiffeisenbanks . The headquarters of the bank, founded in 1888, is in Dornstetten .
The bank's business area includes the cities of Dornstetten and Horb as well as the communities of Lützenhardt, Schopfloch, Loßburg and Starzach.
The Volksbanken and Raiffeisenbanken join forces with various partners in the “Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken”. These include a. the DZ Bank , the Bausparkasse Schwaebisch Hall , the R + V Versicherung , Union Investment , the team bench and the Süddeutsche health insurance (SDK).
Chronicle of VR-Bank Dornstetten-Horb eG
The foundation
In the first half of the 19th century, the credit business was exclusively in the hands of private bankers, who also traded goods on the side; but at this time efforts were already being made to set up credit institutions in the country. In the Württemberg government gazette no. 1 from 1825, for example, an ordinance on the establishment of “corporation loan offices” appeared. The city council of Dornstetten asked to comment, said at the time: "... you do not want such a fund ..." Many years had to pass before this opinion was changed in Dornstetten.
In the meantime, commerce, trade and industry had developed everywhere with an ever greater need for money. Banks of various kinds were set up. Schulze-Delitzsch founded the commercial cooperatives (Volksbanken) and Raiffeisen founded the rural cooperatives (savings and loan funds), which continued to expand.
It was the hardship of the rural population around the middle of the last century that drove the mayor of poor Westerwald communities, Friedrich Wilhelm Raiffeisen , to found bread and aid associations. From this experience, the first loan association was established in 1862. It is to Raiffeisen's lasting merit that he not only recognized the plight of the rural population, but also remedied it by founding his associations.
The actual wave of start-ups only caught on in Württemberg when Raiffeisen spoke in the autumn of 1880 in the Liederhalle in Stuttgart about the importance and structure of its loan association.
Raiffeisen, whose paternal ancestors came from Württemberg, died on March 11, 1888.
In the same year, the loan association was founded in Dornstetten. The founding protocol is dated December 26, 1888 and begins with the words: “Today a number of local citizens have gathered in the hall of the brewer Ludwig Bochinger (Ratskeller) to set up a loan association. For this purpose, the statutes, which were obtained from the Association of Agricultural Credit Cooperatives in Württemberg and which are attached, were read out and discussed and then signed by 53 people present. "
The development
Use of this facility was hesitant at the beginning of the existence of the Loan Fund. As usual with innovations, you probably wanted to wait and see what experiences your neighbor had with it. In the first fiscal year, i.e. from January 1 to December 31, 1889, the income diary contained 101 entries and 76 payments were recorded in the expenditure diary. The turnover reached the sum of 23,494 marks and the assets were shown as of December 31, 1889 with 4,199.48 marks. There remained a net profit of 30 marks and 72 pfennigs.
With the exception of the membership movement, the development was not always steady. Only the first 25 years up to 1914 were reasonably normal. The 25th business year had a stand of 147 members and a balance sheet total of approx. 150,000 marks made a profit of 382 marks. The two world wars, with the subsequent currency decline, brought deep cuts. Each time almost had to be started all over again.
The period from 1924 to 1933, which was so difficult in terms of currency and economic policy, did not pass our bank without its effects. Losses caused by insolvent borrowers, the agricultural debt relief act and inheritance law, could only be overcome with the help of the so-called Reichsgenossenschaftshilfe. After 1933, extreme thrift was required to normalize the balance sheet again and to secure income. Despite conflicting conditions, however, the shares remained untouched and the recourse claims against the administrative members could be reimbursed.
During the Second World War , when all men had temporarily moved in, business was handled in a reliable manner by the remaining female workers. The end of the war and the occupation with the confiscation of the cash holdings and the occupation of the bank rooms by foreign soldiers were survived, as was the clean-up work and the years of searching for and reconstructing lost receipts.
The currency conversion in 1948 also brought a new beginning with the new currency. The total assets of the Reichsmark time with over 4 million RM decreased to almost 300,000, - Deutsche Mark.
The confidence of savers, which had been so cruelly disappointed by the currency cut, only slowly returned. Understandably, deposits did not increase in the subsequent period as loans did. However, we were also able to keep up with the general upturn in local business.
The following three decades were characterized by growth and mergers with the surrounding savings and loan funds (1957: Grüntal-Frutenhof, 1959: Aach, 1968: Dettlingen, 1969: Unteriflingen, 1970: Oberiflingen, 1972: Hallwangen, 1976: Schopfloch). This required an increase in the workforce and the creation of new premises.
In the 95th business year 1983 the Volksbank Dornstetten exceeded the balance sheet total of 100 million DM.
In the meantime, IT had also taken hold and from 1986 it was possible to work “online”.
In the anniversary year, the 100th business year, planning began again for the renovation of the bank building in Dornstetten. But then on September 25, 1989 the property "Sonne" was bought. Today's main office was built on this site and put into operation at the end of 1993.
In 1991 the Loßburger Bank eG merged, in 1996 the Genossenschaftsbank Betzweiler-Wlassung eG and in 2018 the Raiffeisenbank Horb eG merged with the Volksbank Dornstetten eG. The company has been called VR-Bank Dornstetten-Horb eG since September 4, 2018 .
Web links
- VR-Bank Dornstetten-Horb in the BaFin company database
- Volksbank Dornstetten eG
Individual evidence
- ↑ a b Master data of the credit institute at the Deutsche Bundesbank
- ↑ Annual financial statements 2018 in the eBundesanzeiger
Coordinates: 48 ° 28 ′ 12.3 " N , 8 ° 29 ′ 59.5" E