Volksbank Salzburg

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Volksbank Salzburg eG
Salzburg - Elisabeth-Vorstadt - Saint-Julien-Strasse - Volksbank (1) .jpg
Country AustriaAustria Austria
Seat Saint-Julien-Strasse 12,
5020 Salzburg
legal form cooperative
Bank code 45010
BIC VBOEATWWSAL
founding August 27, 1938
Association Austrian Cooperative Association (Schulze-Delitzsch)
Website www.volksbanksalzburg.at
Business data 2017
Total assets 2,632.5 million euros
Employee 420 (as of mid-2019)
Offices 37 (as of mid-2019)
management
Board of Directors Helmut Hegen (Chairman)
Board Andreas Höll (Chairman)
Supervisory board Roland Reichl (Chairman)
Corporate management

Andreas Höll
Andreas Hirsch

The Volksbank Salzburg registered cooperative is an Austrian regional bank based in the city ​​of Salzburg . The institute employs around 420 people at around 37 locations. The branch network covers the entire state of Salzburg as well as parts of the federal states of Upper Austria and Styria .

Economic data

Locations

Branches

At the end of 2017 the institute reached a high of 53 locations. Some of the branches acquired through the mergers were merged from 2018. 37 branches were reported for mid-2019.

There are currently 37 branches, these are located in:

Headquarters in the city of Salzburg

The Volksbank is located at Salzburg Saint-Julien-Strasse 12, on the corner of Plainstrasse. The street is named after Clemens Graf Saint-Julien-Wallsee. The building opened in 1965. An expansion took place in 1988. In 2007, another extension took place. The investment totaled 15 million euros. The approximately 4,600 m² floor space comprises five levels with 50 offices, a branch, a bistro and common rooms for employees.

Balance sheet data

For the 2017 financial year, Volksbank Salzburg published total assets of over 2.6 billion euros. The institute named almost 300 million euros in equity and an equity ratio of around 20 percent. As of December 31, 2017, according to the bank, 115,063 customers were served in 53 bank branches by 482 employees. The annual report reported the business volume at 4.8 billion euros.

history

Volksbank Salzburg

1938-2015

Volksbank Salzburg was founded in August 1938. After the Second World War, the balance sheet total was 6 million schillings. The first branch was opened in 1947 in the Maxglan district of the state capital, and by 1955 the balance sheet total had increased to around 57 million schillings. In 1956, the Zell am See branch was added as the first branch outside the city, so to speak as a "country branch" . In 1965 the company moved into its headquarters on Saint-Julien-Strasse. In the 1970s, the bank established further branches in the state. In 1980 the cooperative reached a balance sheet total of 3 billion schillings. In 1986 Volksbank Saalfelden reg.Gen.mbH in Saalfelden merged with Volksbank Salzburg. In 1987 the Volksbank Seekirchen Salzburgischer Bauernkredit reg.Gen.mbH in Seekirchen followed with the merger. For the 50th anniversary in 1988, a balance sheet total of around 5 billion schillings was reported.

In 1988 Volksbank Salzburg also opened its first location in the neighboring state of Upper Austria in the Salzkammergut town of Bad Ischl . In 2007, the bank employed 350 people in 33 branches. The number of customers was around 50,000. The market in the Free State of Bavaria was intensified directly from the company's headquarters in Salzburg with its own staff . In April 2012 Volksbank joined the Volksbanken Kreditinstitute-Verbund in accordance with Paragraph 30a of the Austrian Banking Act. This means that the regional Volksbanks and the special institutions of the Volksbank sector have formed a liquidity and liability association.

from 2015

In August 2015, Volksbank Strasswalchen-Vöcklamarkt-Mondsee merged with Volksbank Salzburg as part of the Austria-wide restructuring model "8 + 2" (meaning 8 Volksbanks and 2 special institutes). At this point in time, the Vereinigte Volksbank had total assets of around 2.4 billion euros, 40 branches and 452 employees.

In October 2016 it was the turn of the merger with Volksbank Oberndorf. Volksbank Bad Goisern merged on July 8, 2017. The merger of Volksbank Steirisches Salzkammergut ended on July 22, 2017. After all the mergers, the new Volksbank had 115,000 customers and around 480 employees. Some of the 53 business outlets existing at the time of the merger were closed in 2018.

In May 2018, the FMVÖ (Financial Marketing Association Austria) awarded 27 prizes, the FMVÖ Awards, to Austrian insurance companies, private and cooperative banks and savings banks. Volksbank Salzburg also won one of these prizes as the winner in the “Regional Banks” category.

In August 2018 it was published in the media that the now 60-year-old Walter Zandanell had submitted his resignation after 19 years as CEO. Andreas Höll was appointed as his successor as chairman.

Former individual institutes

Volksbank Strasswalchen-Vöcklamarkt-Mondsee

Volksbank Friedburg-Strasswalchen reg.Gen.mbH was founded in Friedburg in 1923 . In 2012, 43 employees at 6 branches generated a balance sheet total of 192 million euros. Volksbank Vöcklamarkt reg.Gen.mbH existed in Vöcklamarkt since 1924 and merged with Volksbank Mondsee in Mondsee to form Volksbank Vöcklamarkt-Mondsee in 2001 . In 2012 the balance sheet total was 144 million euros, 38 employees worked in 4 branches. In 2014 the merger to form Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.Gen took place. with total assets of 340 million euros. The merger with Volksbank Salzburg eG took place in 2015.

Volksbank Oberndorf

The founding members of the cooperative signed the cooperative agreement of Volksbank Oberndorf reg.Gen.mbH in Oberndorf near Salzburg on December 4, 1923. For 2015, total assets of 119 million euros were reported. The merger with Volksbank Salzburg took place in October 2016.

Volksbank Bad Goisern

Volksbank Bad Goisern e.Gen. was an independent cooperative from 1873 to 2017 based in Bad Goisern on Lake Hallstatt . The 5 branches were maintained in Bad Goisern on Lake Hallstatt, Steeg near Bad Goisern , Hallstatt , Obertraun and Gosau , all of which are located in the Upper Austrian judicial district of Bad Ischl and in the Inner Salzkammergut . On July 8, 2017, Volksbank Bad Goisern merged with Volksbank Salzburg. The Volksbank branch in Bad Ischl, also located in the Salzkammergut, was not part of the merger because it has been a Salzburg branch since 1988. The Steeg and Obertraun branches closed in November 2018.

Volksbank Steirisches Salzkammergut

The founding contract of Volksbank Bad Aussee, based in Bad Aussee in the Styrian Salzkammergut, is dated June 23, 1895. On November 23, 1961, the Altaussee savings and loan cooperative merged with Bad Aussee to form Volksbank Steirisches Salzkammergut reg.Gen.mbH. In 2016, the cooperative accounted for around 241 million euros and employed 39 people. The merger with Volksbank Salzburg took place on July 22, 2017.

Cooperative bank

There is a marketing presence as the Volksbank Group , regardless of this all cooperative banks are legally independent and form the Volksbank primary level . The banks are owned by their cooperative members , who signed a corresponding business share when they joined. The basic idea behind the cooperative movement was the idea of ​​helping people to help themselves, according to Schulze-Delitzsch:

"What you cannot do on your own, connect with others who want the same."

The legal organs of a Volksbanken-Genossenschaft are the (full-time) executive board, the supervisory board and the general assembly, the latter is the assembly of the cooperative members and thus the highest decision-making body according to the Austrian cooperative law.

Trivia

Before the amendment to the Cooperative Act, the abbreviation reg.Gen.mbH for registered cooperative with limited liability was common for cooperative banks and cooperatives . Since the new legal situation, the term registered cooperative has been used in Austria . However, the abbreviation can - unlike in Germany - vary, therefore - also by cooperative banks - in addition to eG also eGen and e.Gen. used. A ruling by the Supreme Court has been available since 2009 on the legality of the deviating abbreviations .

literature

  • Johann Brazda: 150 years of public banks in Austria . 1st edition. Austrian Cooperative Association Schulze-Delitzsch, Vienna 2001, ISBN 3-9500461-9-4 .

Web links

Commons : Volksbank Salzburg  - Collection of images, videos and audio files

Individual evidence

  1. ↑ a b query for bank code 45010. In: SEPA payments directory of the Oesterreichische Nationalbank (OeNB) . (Requires browser reloading.)
  2. ↑ Annual Report 2017 of Volksbank Salzburg (pdf), published June 2018
  3. ↑ a b c d Volksbank Salzburg. Successful double merger with VB Bad Goisern and Styrian Salzkammergut. ÖGV. Austrian Cooperative Association Schulze-Delitzsch, July 24, 2017, accessed on November 24, 2018 .
  4. ↑ a b Volksbank Salzburg eG. Annual report 2017 (pdf). Volksbank Salzburg eG, June 18, 2018, accessed on November 24, 2018 .
  5. ↑ Telephone book query for “Volksbank Salzburg”. Herald. Austrian telephone directory, November 18, 2018, accessed on November 24, 2018 .
  6. ↑ a b New company headquarters in Salzburg. ORF. Austrian radio. Landesstudio Salzburg, September 13, 2007, accessed on November 26, 2018 .
  7. ^ Volksbank Salzburg eG (ed.): Business report of Volksbank Salzburg . Samson Druck, Salzburg 2018, p. 31 .
  8. ↑ a b c History of the Volksbank Salzburg. Volksbank Salzburg, September 4, 2017, accessed on November 18, 2018 .
  9. ↑ a b Volksbank Friedburg-Strasswalchen and Vöcklamarkt-Mondsee plan to merge. Salzi. News from the Salzkammergut, July 4, 2013, accessed on November 18, 2018 .
  10. ↑ Volksbank merges to become a regional bank. ORF. Austrian radio. Landesstudio Salzburg, November 11, 2014, accessed on November 26, 2018 .
  11. ↑ Press release: FMVÖ Reccomender award. 27 awards given. FMVÖ. Financial Marketing Association Austria, May 25, 2018, accessed on December 1, 2018 .
  12. ↑ General director Zandanell of Volksbank Salzburg resigns. Die Presse, August 29, 2018, accessed November 26, 2018 .
  13. ↑ CEO Walter Zandanell resigns. The CEO of the Salzburger Volksbank throws in the towel (SN-plus article). Salzburger Nachrichten, August 29, 2018, accessed on December 1, 2018 .
  14. ^ Commercial register of the Republic of Austria (Ed.): Excerpt from the commercial register of November 27, 2018 with search term: "Volksbank Obendorf" . Economic Compass, Vienna 2018, p. 1 .
  15. ^ Karl Pilz: Bad Goisern . In: Association for the publication of a district book Gmunden (Hrsg.): The district of Gmunden and its communities . From the beginning to the present. With a foreword by Governor Dr. Josef Ratzenböck. Upper Austrian publisher. Linz. 1991. p. 767.
  16. ↑ Because the only bank in Obertraun closed, an ATM is looking for a hostel. Oberösterreichische Nachrichten, December 21, 2018, accessed on July 21, 2019 .
  17. ^ Commercial register of the Republic of Austria (Ed.): Excerpt from the commercial register of November 27, 2018 with search term: "Volksbank Steirisches Salzkammergut" . Economic Compass, Vienna 2018, p. 1 .
  18. ^ Association of Volksbanks. Austrian Cooperative Association (Schulze-Delitzsch), March 25, 2018, accessed on December 1, 2018 .
  19. ↑ legal form of the cooperative. Austrian Cooperative Association (Schulze-Delitzsch), March 25, 2018, accessed on December 1, 2018 .
  20. ^ Legal information system document OGH decision 6Ob69 / 09d. Legal information system of the Republic of Austria at the Federal Chancellery, December 17, 2009, accessed on November 18, 2018 .

Coordinates: 47 ° 48  '38.4 " N , 13 ° 2' 29.4"  E