Volksbank dill

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Logo of the cooperative banks  Volksbank Dill eG
Country GermanyGermany Germany
Seat Dillenburg
legal form Registered cooperative
Bank code 516 900 00
BIC GENO DE51 DIL
founding May 6, 1861
resolution 2018
Association Genossenschaftsverband eV, Frankfurt am Main
Website www.vobadill.de
management
Board Ralph-Uwe Orth (speaker)
Armin Wickel
Supervisory board Ralf Immel (Chairman)
List of cooperative banks in Germany

The Volksbank Dill eG was a German cooperative bank in the legal form of a registered cooperative with headquarters in Dillenburg . With around 20,000 members and a balance sheet volume of over 670 million euros, it was the largest cooperative bank in the northern Lahn-Dill district . Your business area was roughly congruent with the former Dillkreis .

history

In 1861 the first advance payment association was founded in Dillenburg. Due to industrialization , the competition for many farmers and craftsmen became increasingly fierce during this period, and in order to survive they had to finance their trade with working capital loans. In contrast to many private lenders, the advance payment association offered fair conditions for these loans. As a result, the club found more and more fans and grew steadily. The idea was so successful that further cooperative associations were founded; so emerged u. a. the other cooperative banks too.

In 1926, the decision was made to change the name: the Dillenburg advance payment association became the Dillenburger Bank eGmbH. The difficult crisis years of 1931/32 brought major setbacks for the bank. When the National Socialists took power in Germany in 1933 , their claim to totality threatened all cooperative associations, since the principles of self-help, self-responsibility and self-administration did not fit into the picture of the dictatorial claims to power of the Nazi regime. In the course of this, all cooperative banks in the Reich were renamed. From then on, the Dillenburger Bank operated as Volksbank Dillenburg eGmbH.

In the post-war period, the idea of ​​self-help and self-responsibility was again in great demand. With the currency reform in 1948 , Dillenburger Bank eGmbH started a new chapter. In the following years, with the economic upswing, the number of members and the need for financial services increased, so that the first branches around Dillenburg were opened in the early 1960s .

In 1975 there was the first major merger of other smaller Volksbanks in the former Dill district. Volksbank Ewersbach merged with Raiffeisenbank Dill eG Mittenaar-Bicken, which had meanwhile been established in the Aartal, to form Volksbank and Raiffeisenbank Dill eG, whose headquarters were in Dietzhölztal-Ewersbach .

The first major merger finally took place in 1991 between Volksbank Dillenburg eG and Volksbank Haiger eG and led to the new company name Volksbank Dillenburg-Haiger eG. Just two years later, the second major merger with Volksbank and Raiffeisenbank Dill eG followed. Since 1993 the bank has operated under the name Volksbank Dill eG.

In 2018 the bank merged with the neighboring VR Bank Biedenkopf-Gladenbach and Volksbank Herborn-Eschenburg to form VR Bank Lahn-Dill eG.

literature

  • Volksbank Dill eG (publisher): Volksbank Dill eG anniversary volume - 150 years of trust and security - 1861–2011 , Dillenburg 2011.

Individual evidence

  1. a b Master data of the credit institute at the Deutsche Bundesbank

Coordinates: 50 ° 44 ′ 22.2 "  N , 8 ° 17 ′ 11.4"  E