United Volksbank Maingau

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Logo of the cooperative banks  United Volksbank Maingau eG
logo
Country GermanyGermany Germany
Seat Seligenstädter Strasse 52
63179 Obertshausen
legal form registered cooperative
Bank code 505 613 15
BIC GENO DE51 OBH
resolution 2018
Association Genossenschaftsverband - Association of Regions eV
Website www.vvb-maingau.de
management
Board Michael Mengler (speaker),
Manfred Resch,
Sven Blatter
Supervisory board Hans-Peter Biffar (Chairman)
List of cooperative banks in Germany

The United Volksbank Maingau eG ( VVB ) was a cooperative bank based in Obertshausen . In 2018 it merged with Frankfurter Volksbank eG.

numbers

With its 370 employees, 31 trainees, 44 branches in the Offenbach and Darmstadt-Dieburg districts with over 91,000 customers - over 51,000 of whom were also members and therefore bank partners - and total assets of EUR 1.977 billion, VVB was one of the largest cooperative banks in Hesse . Due to its legal form, the VVB also belonged to the Genossenschaftsverband eV, the Federal Association of German Volksbanks and Raiffeisenbanks eV (BVR) and its security scheme.

history

The Vereinigte Volksbank Maingau eG was created in 2003 through the merger of Volksbank Maingau, Volksbank Obertshausen and Vereinigte Volksbank Rodgau.

Partnerships

The bank's association partners were DZ Bank as the central institute, Deutsche Genossenschafts-Hypothekenbank (DG Hyp), Münchener Hypothekenbank and WL Bank for private and commercial real estate financing and investments, Union Investment as a specialist in fund investments, Bausparkasse Schwäbisch Hall , R + V Versicherung , VR Leasing for financing solutions and TeamBank as a provider of installment loans.

Locations

The locations of the United Volksbank Maingau eG extended across the Offenbach am Main district to the southernmost part, Schaafheim , near the Bavarian town of Aschaffenburg .

Service banks are located in:

criticism

In the past, the bank had won new customers several times through cheap and lucrative products, which were discontinued after a while. Existing customers were informed at short notice that their banking products would no longer be offered at the given conditions, with a note that accounts and savings deposits would be continued at worse conditions, unless the customer objects. The United Volksbank was particularly known in the region for offering a free online current account called Giro Online Plus . At the end of 2013, customers were informed that the free online account will no longer be offered from 2014 and that not only a basic fee will be due for the current account from 2014, but also a comparatively high amount for each individual booking item. Until the end of 2013, the Vereinigte Volksbank Maingau also offered a savings account, the interest rate of which is based on the performance of the German share index . Here, too, the customer was informed at short notice that the savings product would no longer be continued and that if they did not object to another savings product, their savings would be continued at less favorable terms.

public relations

Since its foundation, the VVB has shaped not only the economic but also the social and cultural development of the region, for example through sponsorship, as a partner of the clubs or with the stars of sport .

Web links

Individual evidence

  1. ↑ a b Master data of the credit institute at the Deutsche Bundesbank
  2. ↑ Annual report 2017

Coordinates: 50 ° 4 ′ 42.7 ″  N , 8 ° 51 ′ 49.9 ″  E