United Volksbank Munster

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Logo of the cooperative banks  United Volksbank Münster eG
Head office in Münster
Country GermanyGermany Germany
Seat Muenster
legal form registered cooperative
Bank code 401 600 50
BIC GENO DEM1 MSC
Association Genossenschaftsverband - Association of Regions eV
Website volksbank-muenster.de
Business data 2018
Total assets EUR 2,522 million
insoles 1,861 million euros
Customer credit 1,681 million euros
Employee 461
Offices 25th
Members 63,866
management
Board Gerhard Bröcker (Speaker)
Friedhelm Beuse
Thomas Jakoby
Supervisory board Hans-Jürgen Eidecker (Chairman)
List of cooperative banks in Germany

The Vereinigte Volksbank Münster eG is a cooperative credit institution based in Münster . With a balance sheet total of approx. In the BVR ranking of Volks- und Raiffeisenbanken for 2019, it ranks € 2.8 billion in 74th place among 839 institutions. By resolution of the general meeting, the bank will merge into Volksbank Münsterland Nord eG .

Business area

The business area comprises 25 branches in Münster and in parts of the Warendorf district.

membership

Natural persons, legal persons and partnerships such as companies, associations or corporations can become members. By joining, the member undertakes to acquire one or more company shares. Members are partners in the bank. According to the cooperative promotion mandate according to § 1 of the Cooperative Law, the bank is connected to its members in a special way through economic promotion and support. As of December 2018, the Vereinigte Volksbank Münster had 63,866 members.

Organizational culture

The legal basis of the bank are the statutes of the Vereinigte Volksbank Münster eG and the cooperative law. The organs of the cooperative bank are the board of directors, the supervisory board and the representative assembly.

Financial association

The United Volksbank Münster eG belongs to the cooperative association - Association of Regions. It works together with the partners of the cooperative financial group:

education

The Vereinigte Volksbank Münster offers training courses for bank clerks with a duration of around 2.5 years as well as a combination of training for bank clerks in connection with business studies at a vocational college, university or technical college.

history

The Vereinigte Volksbank Münster eG was founded in 2014 after a merger between Volksbank Münster eG and Vereinigte Volksbank, Telgte . Both banks voted unanimously at their respective meeting of representatives on May 20 and 21, 2014 for the merger of the two credit institutions. In 2017, the Vereinigte Volksbank Münster eG, the VR-Bank Kreis Steinfurt eG and the Volksbank Greven eG announced a cooperation that should lead to a merger in 2020.

Annual data of the Vereinigte Volksbank Münster eG:

  • 1887 Foundation of the 10 savings and loan associations
  • 1896 Founding as a credit cooperative fund for handicrafts and small businesses
  • 1971 Merger with the savings and loan fund Hiltrup
  • 1990 Volksbank Sendenhorst merges with Everswinkel and Freckenhorst-Hoetmar
  • 2000 The Volksbank Sendenhorst merges with Drensteinfurt-Rinkerode to form Volksbank 2000 eG
  • 2002 Merger with Volksbank Albersloh eG
  • 2003 Merger of Volksbank 2000 eG with Telgte-Westbevern and Ostbevern-Kattenvenne to form the United Volksbank eG
  • 2009 Merger with Volksbank Sprakel eG
  • 2014 Merger of Vereinigte Volksbank eG, Telgte and Volksbank Münster eG to create Vereinigte Volksbank Münster eG
  • 2017 United Volksbank Münster eG, VR-Bank Kreis Steinfurt eG and Volksbank Greven eG cooperate
  • 2020 The Vereinigte Volksbank Münster eG, the VR-Bank Kreis Steinfurt eG and the Volksbank Greven eG decide to merge retrospectively from January 1, 2020 to form Volksbank Münsterland Nord eG

Social funding / crowdfunding platform

In accordance with the cooperative principle, Vereinigte Volksbank Münster eG went online with its crowdfunding platform in November 2018. There are many projects in associations or non-profit organizations that cannot carry them out because they lack the necessary financial resources. Non-profit associations and institutions can post projects on the crowdfunding platform, win fans for them and collect the necessary financial support.

Social Commitment

The United Volksbank Münster has its own foundation, the Münsterland Values ​​Foundation. It supports projects in the fields of art and culture, science and research, education, training and student aid, youth and elderly care, home and landscape conservation, monument protection and conservation, public health, landscape and nature protection, sport, civic engagement for the benefit of charitable, benevolent people or church purposes as well as fire, labor, disaster and civil protection.

Subsidiaries

Together with Volksbank Düsseldorf Neuss , Münchener Hypothekenbank , WL Bank , R + V Versicherung , DSL Bank and Hypoport , the bank is a founding partner of Genopace GmbH. Private real estate financing can be sold through Genopace using a web-based platform.

Others

In 2014 there were negative headlines related to the bank. According to media reports, the head of the Volksbank branch in Münster-Wolbeck is said to have embezzled money from customers despite regular internal controls by the Volksbank. The bank then filed a criminal complaint against him and compensated for the damage incurred in full. According to the Münster public prosecutor's office, it is a total of 100,000 euros that the branch manager is said to have channeled into his own account. In 2013, the bank was confronted with a similar case of fraud in the Volksbank branch in Münster-Roxel . An employee there had embezzled a total of more than 300,000 euros in customer funds over a period of 10 years. At the time, the Münster District Court spoke of an “unusually brazen approach” and sentenced the 50-year-old to a prison sentence of 2.5 years for commercial falsification of documents .

Web links

Individual evidence

  1. ↑ a b Master data of the credit institute at the Deutsche Bundesbank
  2. ↑ Facts & Figures as of December 31, 2018
  3. ↑ List of all cooperative banks 2019
  4. ↑ a b Ralf Repöhler: The first step: Münster for fusion. Retrieved August 20, 2020 .
  5. ^ Westfälische Nachrichten - Wedding of the Volksbanks
  6. ↑ a b Volksbank: Cooperation agreement signed - Westfälische Nachrichten In: wn.de , October 21, 2017, accessed on December 19, 2018.
  7. ^ Westfälische Nachrichten - Growth over decades
  8. ^ Westfälische Nachrichten - Independent Volksbank Sprakel is history
  9. ↑ The bell - merger makes credit institutions fit for the future
  10. ↑ Vereinigte Volksbank Münster - Many create more - The goal In: viel-schaffen-mehr.de , accessed on December 19, 2018.
  11. ↑ About GENOPACE - GENOPACE GmbH In: genopace.de , accessed on December 19, 2018.
  12. ↑ Around 100,000 euros in damage head of Volksbank Wolbeck is said to have stolen from customers  ( 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. , Münstersche Zeitung , August 27, 2014@1@ 2Template: Toter Link / www.muensterschezeitung.de  
  13. ↑ Article on the WDR website from August 28, 2014
  14. ↑ Article in the Münsterschen Zeitung ( Memento from September 5, 2014 in the Internet Archive )

Coordinates: 51 ° 58 '  N , 7 ° 38'  E