Volksbank Koethen-Bitterfeld

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Logo of the cooperative banks  Volksbank eG
Country GermanyGermany Germany
Seat Friedrich-Ebert-Strasse 45
06366 Koethen
legal form Registered cooperative
Bank code 800 636 28
BIC GENO DEF1 KOE
founding June 1, 1895
Association Genossenschaftsverband eV
Website www.vb-abi.de
Business data 2017
Total assets EUR 138.4 million
insoles EUR 123.2 million
Customer credit EUR 55.1 million
Employee 60
Offices 7th
Members 391
management
Board Oliver Lips (Chairman)
Matthias Görnert
Supervisory board Heiko Schützke (Chairman)
List of cooperative banks in Germany

The Volksbank eG; Köthen-Bitterfeld is a cooperative bank based in Köthen in Saxony-Anhalt . The business area is the district of Anhalt-Bitterfeld .

organization structure

Volksbank eG is a cooperative bank. The legal basis is the cooperative law and the statutes issued by the general assembly of the Volksbank . Organs of the Volksbank are the board of directors , the supervisory board and the general assembly.

Business alignment

Volksbank eG; Köthen-Bitterfeld operates the universal banking business as Volksbank .

history

In 1895 the "First rural savings and loan bank Cöthen" was founded. Business operations began on June 1st at Dessauer Str. 26; soon the move to Springstrasse took place. The cooperative bank looked after private customers, farmers and business people from the city of Köthen, which is developing into an industrial location, and the surrounding villages. Customers initially used the bank to process payment and credit transactions, later they also made use of the option of cashless checks and transfers. In the period that followed, the bank took on other tasks in addition to promoting its members. So she was z. B. used for extensive money exchange campaigns as part of the currency reform of 1948.

After the Second World War, the “First Rural Savings and Loan Fund Cöthen” was converted into other forms of organization. During this time, the management was subject to administrative requirements. It was determined from a central level which customers could keep their accounts with the cooperative and which loans could be granted. The cooperative merged with several surrounding cooperatives over the next few years.

The bank was continued after 1951 under the name " Bäuerliche Handelsgenossenschaft VdgB ". The General Assembly adopted a new statute through central instruction. From then on, the cooperative served less to promote its members and more to meet state goals.

With the German unification, the conditions for the cooperative changed. The purpose of the cooperative was again to promote the members. In 1991 the rural trading cooperative became Volksbank Köthen eG. For economic reasons, Volksbank Köthen eG and Raiffeisenbank Zörbig eG merged a year later . The resulting Volksbank eG; Köthen-Bitterfeld has been active in the Anhalt-Bitterfeld district since then.

Web links

Individual evidence

  1. ↑ a b Master data of the credit institute at the Deutsche Bundesbank
  2. ↑ Annual financial statements as of December 31, 2017 in the eBundesanzeiger
  3. ↑ Our story

Coordinates: 51 ° 45 ′ 9.5 ″  N , 11 ° 59 ′ 9 ″  E