Volksbank Düren

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Logo of the cooperative banks  Volksbank Düren eG
Country GermanyGermany Germany
Seat Düren
legal form registered cooperative
Bank code 395 602 01
BIC GENO DED1 DUE
founding December 15, 1912
Association Cooperative Association - Association of Regions
Website www.volksbank-dueren.de
Business data 2019
Total assets 306 million euros
Offices 9 (including 1 SB)
Members 7,946
management
Board Friedhelm Hauck and Marcel Krumbach
List of cooperative banks in Germany

The Volksbank Düren eG is a corporation founded in 1912 cooperative bank with eight branches and a self-service station in Düren and neighboring communities.

organization

The bank is a credit institution in the legal form of a registered cooperative . Customers can become members of the bank. According to the articles of association, the members have influence on the business policy decisions of cooperative banks. At Volksbank Düren eG, the members participate in the annual meeting of representatives .

Volksbank Düren eG maintains a total of eight branches in Düren, Lendersdorf , Gürzenich , Schlich , Merken , Niederzier , Merzenich and Kelz for its customers and members in the region . The customers of Volksbank Düren eG are guaranteed a nationwide supply of cash through over 17,600 ATMs of the cooperative financial group.

Closely linked to the cooperative concept, Volksbank Düren eG also offers a wide range of financial products for its customers through its affiliated partners, beyond banking. These network partners include Bausparkasse Schwäbisch Hall AG, R + V Versicherung , the investment company Union Investment , DZ Bank as the central bank and its private bank DZ PRIVATBANK SA and the leasing subsidiary of DZ Bank VR Leasing AG and WL Bank as the Pfandbrief bank .

history

Today's Volksbank Düren eG has its roots in the savings and loan association Derichsweiler eGmuH, which was founded on December 15, 1912. The aim of the savings and loan fund was to make it easier to invest money and promote the idea of ​​saving, as well as granting loans to the comrades.

On June 13, 1916, the general assembly decided to change the company to Derichsweiler eGmbH to Derichsweiler. By resolution of the general assembly on February 19, 1965, the credit cooperative changed its legal form to a registered cooperative with limited liability. Every comrade was a maximum of ten shares purchase. On the basis of the merger agreement of March 8, 1968, the savings and loan fund Derichsweiler eGmbH merged with the savings and loan fund-Merken-Hoven. From then on, Heinz Schulte from Derichsweiler was chairman of the board.

On April 13, 1973, the General Assembly decided to rename the credit cooperative, so that from 1974 the company was changed to Raiffeisenbank Düren-Derichsweiler eG. After approval by the members, the cooperative took over the savings and loan fund Schlich-Echtz eG on June 24, 1977. As a result of this merger, the name was changed to Raiffeisenbank Düren-West eG.

When the name was changed on October 19, 1979, the bank was then called Raiffeisenbank Düren eG. After the merger with the original Volksbank Düren eG (founded in 1893 as Lendersdorfer Savings and Loan Association), on the basis of the merger agreement of September 2nd and 5th, 1986, the credit cooperative traded as Volksbank-Raiffeisenbank Düren eG. This was the first time the word “Volksbank” appeared in the name of the original savings and loan association Derichsweiler. At the general assembly on June 13, 1990, the new and current company name was decided, namely Volksbank Düren eG.

At the beginning of March, Volksbank Düren announced that exploratory talks with the aim of a merger with Volksbank Euskirchen eG would be started in the course of 2020 . If these negotiations go well, the two representative assemblies will decide on the merger in 2021. After the merger, as in the cases of the last mergers, the name “Volksbank Düren” will continue to operate as a branch of Volksbank Euskirchen eG.

Corporate mission statement and consulting philosophy

As a local cooperative financial services institute, Volksbank Düren eG sees it as its responsibility to meet the interests and expectations of its customers and members.

Deposit insurance

Volksbank Düren eG is affiliated with the officially recognized BVR Institutssicherung GmbH and the additional voluntary protection scheme of the Federal Association of German Volksbanks and Raiffeisenbanks (BVR). Together, these ensure the protection of the deposits.

Social Commitment

Volksbank Düren eG is committed to Düren by supporting local associations in the form of donations in kind and money.

Web links

swell

  • Archives of Volksbank Düren eG, Findbuch 1891–2006 (edited by Konrad Tuchanowski, Cologne 2006; revised and expanded by Frauke Schmidt MA, Cologne 2007; supplemented by a subsequent delivery by Andrei Ladijinski, Cologne 2013)

Individual evidence

  1. a b Master data of the credit institute at the Deutsche Bundesbank
  2. Volksbank Düren plans a merger. Radio Rut, accessed on March 12, 2020 .

Coordinates: 50 ° 48 ′ 29.9 ″  N , 6 ° 29 ′ 8.9 ″  E