Volksbank Black Forest-Danube-Neckar

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Logo of the cooperative banks  Volksbank
Schwarzwald-Donau-Neckar eG
Country GermanyGermany Germany
Seat Tuttlingen
legal form registered cooperative
Bank code 643 901 30
BIC GENO DES1 DOES
founding 1864
Association Baden-Württemberg Cooperative Association
Website vbsdn.de
Business data 2017
Total assets EUR 1,923.5 million
insoles 1,491.5 million euros
Customer credit EUR 1,029.0 million
Employee 370
Offices 33
Members 44,318
management
Board Jürgen Findeklee (Chairman)
Rainer Fader
Supervisory board Hans-Joachim König (Chairman)
List of cooperative banks in Germany

The Volksbank Schwarzwald-Donau-Neckar eG is a cooperative bank based in Tuttlingen in Baden-Württemberg . It was created in 2016. Due to numerous mergers, especially in the Tuttlingen district , it is one of the larger cooperative banks in Germany.

history

Founding phase until 1918

The first Volksbank was founded in Tuttlingen ( Württemberg ) in 1864 . Two years later, the Handwerkerbank, the first cooperative bank was founded in Spaichingen . Only later, in 1872, the rise of the working city receives Schwenningen with the eGmbH Commercial Bank Schwenningen founded by 46 citizens cooperative bank. By the First World War , cooperative banks were founded in many other communities in the Tuttlingen and Spaichingen regional offices.

Consolidation from 1945

In 1948, while still in the French occupation zone and before the introduction of the Deutsche Mark , the Handwerkerbank Spaichingen merged with the Spaichingen Loan Association (founded in 1896). Volksbank Tuttlingen expanded in the 1950s with Volksbank Aldingen (1953) and Volksbank Möhringen (1957). In 1968 Sparda Reichenbach merged with Wehinger Bank . In the same year the Volksbanks in Rietheim , Balgheim , Weilheim , Wurmlingen and 1969 Dürbheim and 1970 Hausen merge to form Volksbank Rietheim . In 1970 the Bubsheim cooperative bank merged with the Böttingen loan association to form Raiffeisenbank Heuberg . In 1970, Volksbank Tuttlingen expanded to include the Volksbanks in Nendingen and Aixheim , thus exceeding total assets of DM 100 million next year. Volksbank Schwenningen succeeded in doing this for the first time in 1972. In 1980, Raiffeisenbank Deilingen-Delkhofen merged with Wehinger Bank. In the same year the Volksbanks Neuhausen and Seitingen-Oberflacht and in 1987 the Volksbank Immendingen merged with the Volksbank Tuttlingen. Volksbank Rietheim and Volksbank Spaichingen merged in 1991. The merger with Volksbank Tuttlingen followed in 1997, which resulted in total assets of over DM 1 billion. In 1993 the Wehinger Bank and the Raiffeisenbank Heuberg merged to form the Raiffeisenbank Wehingen-Heuberg .

Development since 2000

In 2000, Volksbank Donau - Neckar was founded as a merger of Schwenninger Volksbank, Volksbank Tuttlingen and Volksbank Wehingen-Heuberg. Just one year later it merged with Raiffeisenbank Südlicher Heuberg. One of the aftermath of the merger brought the institute into financial difficulties in 2005. Since several million euros were not secured, mainly in the area of ​​corporate loans, the bank had to apply for the cooperative deposit protection fund, but probably not. A hiring freeze was imposed, the institute was restructured on its own by 2006/2007. In 2016, the merger with the Schramberg- based Volksbank Schwarzwald-Neckar, which has around 16,000 members, followed. The company was then changed to Volksbank Schwarzwald-Donau-Neckar eG .

Composite

As a member of the VR network , the bank has, among others, Bausparkasse Schwäbisch Hall , R + V Versicherung , DZ Bank , EasyCredit , Union Investment and VR Leasing as partners.

Web links

Individual evidence

  1. ↑ a b Master data of the credit institute at the Deutsche Bundesbank
  2. ↑ Annual report 2017
  3. ^ Volksbank Donau-Neckar renovated
  4. ↑ Entry in the cooperative register on August 19, 2016

Coordinates: 47 ° 59 ′ 4 "  N , 8 ° 49 ′ 17.6"  E