Volksbank Koblenz Middle Rhine
Volksbank Koblenz Mittelrhein eG | |
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Country | Germany |
Seat | Rizzastraße 34 56068 Koblenz |
legal form | registered cooperative |
Bank code | 570 900 00 |
BIC | GENO DE51 KOB |
resolution | 2019 |
Association | Genossenschaftsverband - Association of Regions eV |
Website | www.vbkm.de |
management | |
Board | Stephan Breser, Walter Müller |
Supervisory board | Christoph. A. Parbel (Chairman) |
List of cooperative banks in Germany |
The Volksbank Koblenz Mittelrhein eG was a German cooperative bank based in Koblenz in the north of Rhineland-Palatinate. Its history was marked by numerous mergers. In 2002 the Volksbank Mittelrhein eG and the Koblenzer Volksbank merged. The bank branches extended from Dommershausen in the southwest of the business area to Oberwinter in the north. The bank's oldest predecessor institution was the Raiffeisenkasse Rübenach, founded in 1880. Rübenach is now a district of Koblenz. In 2019 the bank merged with Volksbank RheinAhrEifel .
Corporate structure
Volksbank Koblenz Mittelrhein eG was a cooperative bank with around 22,000 members. The main purpose of the cooperative was the economic promotion and support of its members (§ 2 of the statutes). According to the statutes, the members elected representatives from their ranks every four years (one representative for each 50 members).
Strategic business areas and scope of services
The business areas of the bank included corporate and private customer business. The organization of the bank was divided into the areas of corporate banking for the self-employed, craftsmen, tradespeople and the professions. In the private customer business, the focus was on asset management, old-age provision, and real estate brokerage and financing.
Cooperative financial group
The bank was part of the cooperative financial group Volksbanken Raiffeisenbanken and a member of the Federal Association of German Volksbanken and Raiffeisenbanken (BVR) and its security scheme.
The bank's network partners were:
- DZ BANK
- DZ Hyp
- Munich mortgage bank
- Bausparkasse Schwäbisch Hall
- R + V insurance
- Union Investment Group
- VR Smart Finanz AG
- easy Credit (team bank)
- DZ private bank
Individual evidence
- ↑ a b Master data of the credit institute at the Deutsche Bundesbank
- ↑ Website of Volksbank Koblenz Mittelrhein eG , accessed on May 19, 2015
Coordinates: 50 ° 21 ′ 15 " N , 7 ° 35 ′ 35.2" E