Volksbank Rhein-Lahn-Limburg

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Logo of the cooperative banks  Volksbank Rhein-Lahn-Limburg eG
Country GermanyGermany Germany
Seat Diez
legal form registered cooperative
Bank code 570 928 00
BIC GENO DE51 DIE
Association Cooperative Association
Website www.voba-rll.de
Business data 2018
Total assets € 1,992.9 million
insoles € 1,410.6 million
Customer credit € 1,539.7 million
Employee 429
Offices 28
Members over 40,000
management
Board Matthias Berkessel
Klaus Merz
Supervisory board Harald Lang
List of cooperative banks in Germany
Volksbank Rhein-Lahn-Limburg in Limburg

The Volksbank Rhein-Lahn eG-Limburg is a regional cooperative bank . It was created by merging Volksbank Rhein-Lahn and United Volksbank Limburg . The business area stretches from Lahnstein in the west via Diez and Limburg to Bad Camberg in the east, from Ellar in the north to Kaub in the south.

history

The beginnings of the merger bank can be dated to December 1, 1860, when the Limburg advance payment association was founded. It represents the early predecessor of the United Volksbank Limburg .

The roots of Volksbank Rhein-Lahn go back to the years 1861 and 1876. In 1861, according to reports, the advance and credit association was founded and in 1876 the Lahnsteiner Volksbank . The Volksbank Rhein-Lahn, which existed from 1999 to 2016, was created after an earlier merger of Volksbank Diez-Nastätten, Volksbank Lahnstein and Raiffeisenbank Lahnstein.

In August 2016, the United Volksbank Limburg merged with Volksbank Rhein-Lahn to form Volksbank Rhein-Lahn-Limburg. The headquarters of the cooperative bank is in Diez.

organization structure

Business alignment

As a cooperative bank, Volksbank Rhein-Lahn-Limburg traditionally adheres to the basic values ​​of the cooperative. These are first and foremost an obligation to customers and members as well as regional ties and constant promotion of the region.

As a universal bank, Volksbank Rhein-Lahn-Limburg is active in both private and corporate banking. Due to the strong regional connection, she mainly looks after customers from her business area.

Business area

The business area extends over the north-east of Rhineland-Palatinate and the south-west of Hesse . The main offices are in the cities of Diez and Limburg. Including self-service terminals and smaller branches, the total number is 38 in the Rhein-Lahn district , Rheingau-Taunus district and the Limburg-Weilburg district (as of October 2018).

Leadership and staff

The board of directors is made up of Matthias Berkessel and Klaus Merz. The Management Board is accountable to the Supervisory Board and the members of the bank. The supervisory board is elected by the meeting of representatives , monitors the management and controls the business results . He reviews the annual financial statements and reports on this review once a year to the meeting of representatives. The representatives are elected by the members of the bank.

Volksbank Rhein-Lahn-Limburg employed around 400 people at the end of 2018, including 22 trainees.

Current business figures

The number of customers in 2018 was around 90,900, including around 80,100 private customers and around 10,800 corporate customers. The total customer volume was around EUR 4.4 billion and the balance sheet total was around EUR 1,992.9 million. Approx. 1,410.6 million euros in customer deposits and around 1,539.7 million euros in customer loans were managed.

membership

As a cooperative bank, Volksbank Rhein-Lahn-Limburg is committed to its members. Membership is acquired by purchasing one or more shares in the bank. A business share currently costs 50.00 euros. The acquisition of shares in a cooperative bank requires that one is a customer of this bank.

Members of a cooperative bank benefit from exclusive advantages and receive an annual dividend. However, this membership also entails obligations. In the event of the bank's insolvency , the shareholder is not only liable with his business assets, but also with a liability amount specified in the articles of association. This regulation is known as the obligation to make additional payments. The liability sum is 50.00 euros per share of Volksbank Rhein-Lahn-Limburg and represents a limited obligation of the members to make additional contributions.

At the end of 2018, Volksbank Rhein-Lahn-Limburg had around 40,000 members.

Cooperative financial group

Network partner

As a cooperative bank, Volksbank Rhein-Lahn-Limburg is part of the cooperative financial group (Finanzverbund). This consists of independent partner companies from the financial services sector, which complement the product and service portfolio of Volksbank Rhein-Lahn-Limburg. The aim is to be able to offer customers and members the possibilities of a bancassurance service provider in this way . The network partners include:

Deposit and institute protection

In addition to the statutory deposit guarantee, Volksbank Rhein-Lahn-Limburg is affiliated with the guarantee scheme of the Federal Association of German Volksbanks and Raiffeisenbanks eV (BVR). This facility provides additional deposit protection, which means that customers' deposits (savings bonds, savings, time and sight deposits as well as bearer bonds and certificates issued by affiliated banks) are insured to an unlimited extent.

Should an affiliated bank find itself in economic difficulties, BVR Institutssicherung GmbH will reorganize the affected institute and provide it with financial means so that it can meet all of its obligations. The dual system of deposit and institute protection thus provides double protection for customer deposits.

BankCard ServiceNetz

As a cooperative bank, Volksbank Rhein-Lahn-Limburg is connected to the nationwide BankCard ServiceNetz and the BankCard AccountInfo.

Social commitment and regional support

Volksbank Rhein-Lahn-Limburg is regularly committed to the region and supports it through donation campaigns, sponsoring and voluntary work by its employees. In the education sector, the bank subsidizes kindergartens and schools. Social and charitable institutions are supported with material and monetary donations. Non-profit associations, foundations and sponsors have the opportunity to apply for funding for new projects at any time.

Action day "Limburg is committed"

The employees of Volksbank Rhein-Lahn-Limburg also take part in the annual day of action, which was launched in 2011 by the local alliance for families . The aim is to support various charitable organizations in Limburg and the surrounding area for a day. From gardening to clearing out to painting work, various tasks arise.

Crowdfunding

Via the regional crowdfunding portal Many create more associations and organizations have been able to advertise donations for their own projects since March 2016. So far, over 32,000 euros have been collected and 12 projects successfully implemented, including a new playground and the roof renovation of a cultural center (as of October 2018). Volksbank Rhein-Lahn-Limburg participates in the projects with additional funds for which a separate donation pot has been made available.

Youth competition youth creativ

The annual youth creativ competition is supported by the Volksbank Rhein-Lahn-Limburg by accepting the creative contributions, the festive awarding of the winners and various prizes for the participating children and young people.

Fundraising campaign "Get your sheep dry"

On the occasion of the Lehner fair, the Volksbank Rhein-Lahn-Limburg holds a so-called sheep swimming competition every year . Those interested can purchase small plastic sheep in advance, which will later be allowed to swim down a short section of the Lahn during the fair . The owners of the fastest sheep receive material prizes, while the entire proceeds of the campaign benefit an annually changing sponsoring association. In recent years, for example, Volksbank Rhein-Lahn-Limburg has supported Frauenwürde Rhein-Lahn eV and the Schiller School in Lahnstein.

Sports stars

In cooperation with the German Olympic Sports Confederation , Volksbank Rhein-Lahn-Limburg participates in the annual Stars des Sports campaign. In this context, sports clubs that are characterized by above-average social commitment are honored and awarded prize money. The “Star of Sports in Gold” is one of the most important prizes in German club sport and is endowed with 10,000 euros. In the business area of ​​Volksbank Rhein-Lahn-Limburg there are now numerous winners of the “Star of Sports in Bronze”.

Volksbank Promotion Prize for Crafts

Volksbank Award craft is presented annually by the People's Bank Rhein-Lahn Limburg and Kreishandwerkerschaft awarded Rhein-Lahn to young artisans in the region. It serves to promote the craft and to motivate young professionals. The best test of the nine guilds (bakers guild, building trades guild, roofers guild, electrical guild, butcher guild, motor vehicle guild, plumbers and heating engineers, painters and varnishers guild, carpenters guild) are awarded. as well as the specialist salespeople of the bakers and butchers guild of the Rhein-Lahn district. The winners each receive 500 euros, so Volksbank Rhein-Lahn-Limburg supports this project with a total of 5,500 euros annually.

VR Go excursion for young people

For customers between the ages of 12 and 18, Volksbank Rhein-Lahn-Limburg organizes a day trip to an amusement park every year. In 2018, in addition to 15 volunteer supervisors, around 250 young people took advantage of the offer. In addition to the Phantasialand in Brühl, the Holiday Park in Haßloch and the Movie Park in Bottrop-Kirchhellen were already the destination of the excursion.

Web links

Individual evidence

  1. ↑ a b Master data of the credit institute at the Deutsche Bundesbank
  2. ↑ Facts & Figures as of December 31, 2018
  3. ↑ Volksbanks aim to merge . Weilburger Tageblatt. February 18, 2016. Retrieved October 18, 2016.
  4. ↑ Anniversary brochure for the 125th anniversary of Volksbank Diez-Nastätten eG. In: Catalog of the German National Library. Retrieved November 6, 2018 .
  5. ^ Volksbank Rhein-Lahn-Limburg - branch overview . Retrieved November 6, 2018 .
  6. ^ Volksbank Rhein-Lahn-Limburg - Facts & Figures. December 31, 2017, accessed November 6, 2018 .
  7. ↑ All crowdfunding projects. In: voba-rll.viele-schaffen-mehr.de. Retrieved November 6, 2018 .
  8. ↑ "Big Star of Sports" 2018 in bronze. In: voba-rll.de. September 6, 2018, accessed November 6, 2018 .
  9. ↑ Lars Becker: Off to Phantasialand! In: voba-rll.de. July 17, 2018, accessed November 6, 2018 .

Coordinates: 50 ° 22 '14.3 "  N , 8 ° 0' 34.2"  E