Volksbank Wilhelmshaven

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Logo of the cooperative banks  Volksbank Wilhelmshaven eG
Volksbank Wilhelmshaven Virschowstrasse.jpg
Country GermanyGermany Germany
Seat Virchowstrasse 23
26382 Wilhelmshaven
legal form registered cooperative
Bank code 282 900 63
BIC GENO DEF1 WHV
founding 1911
Association Genossenschaftsverband eV
Website www.vobawhv.de
Business data 2018
Total assets 408 million euros
insoles 245 million euros
Customer credit 269 ​​million euros
Employee 79
Offices 7th
Members 7,555
management
Board Norbert Philipp (speaker)
Tobias Reisse
Supervisory board Eckhard Stein (Chairman)
List of cooperative banks in Germany

The Volksbank Wilhelmshaven eG is a German cooperative bank in Lower Saxony , based in Wilhelmshaven .

history

In 1911 the Volksbank Wilhelmshaven eG was founded. Today's Volksbank Wilhelmshaven eG began to operate at Bismarckstrasse 80 through its entry as a “home owner's bank ” in the cooperative register at the city's royal district court. In 1919 the house owner bank was renamed Volksbank Wilhelmshaven eG, in 1924 the Reichsmark was introduced and despite the subsequent inflation and the serious consequences of the global economic crisis at the end of the 1920s, the system of cooperative banks mastered the turbulent times.

In 1945 the main building of Volksbank Wilhelmshaven eG was almost completely destroyed by two bomb attacks. Five years later (1950) the new main office was opened on Theaterplatz and only a short time later (1953) a further branch was opened in Gökerstraße / Mühlenweg. From 1960 to 1970, further branches were opened in all parts of Wilhelmshaven. In addition to the new branches, other changes followed. In 1964 the first Volksbank savings bond appeared and in 1973 the punch card system was replaced by a data processing system. On the way to the modern age, the first ATMs of Volksbank Wilhelmshaven eG were opened in the 90s and the online banking of the cooperative bank has existed since 1995.

In 2011 Volksbank Wilhelmshaven eG celebrated its 100th anniversary.

organization structure

The legal basis of the bank are the statutes of Volksbank Wilhelmshaven eG and the cooperative law . The organs of the cooperative bank are the board of directors , the supervisory board and the representative assembly . Volksbank Wilhelmshaven eG is part of BVR Institutssicherung GmbH and the protection scheme of the Federal Association of German Volksbanks and Raiffeisenbanks e. V. connected.

cooperative

Volksbank Wilhelmshaven eG is a member of the cooperative financial network Volksbanken Raiffeisenbanken. In the event of insolvency , Volksbank Wilhelmshaven eG is protected by the security system of the BVR (Federal Association of German Volksbanks and Raiffeisenbanks). This means that the BVR has the task of securing the trust of customers and the money and capital markets in the cooperative financial network in the long term. According to Section 1 of the BVR statute, impending or existing economic difficulties at the affiliated institutes must be averted or remedied (so-called institute protection). This creates comprehensive protection for customer deposits. With the entry into force of the new Deposit Protection Act on July 3, 2015, the BVR Institutssicherung GmbH, recognized as a statutory deposit protection system, exists in addition to the BVR protection scheme.

The following partners are part of the cooperative financial network Volksbanken Raiffeisenbanken:

  • DZ BANK
  • Schwäbisch Hall
  • Union Investment
  • R + V
  • easyCredit
  • DZ PRIVATBANK
  • VR Leasing Group
  • DZ Hyp
  • Munich Hyp

Organs and bodies

  1. Management board: The management board of Volksbank Wilhelmshaven eG consists of two members who were elected by the supervisory board. You manage the bank independently, represent it externally and manage the business. The Management Board is accountable to the Supervisory Board and the members of the bank.
  2. Supervisory board: The board of directors is elected by the meeting of representatives. He supervises the management of the board and controls the business results. The Supervisory Board also reviews the annual financial statements and reports on this review once a year to the Representative Assembly.
  3. Representative meeting: In the case of cooperatives with more than 1,500 members, the statutes can stipulate that the members exercise their rights in a representative meeting. For this purpose, the members elect a certain number of people from among their number who represent their interests in the representative assembly. When electing a representative, all members have one vote - regardless of the number of shares. The representatives are generally elected for four years. The board of directors and the supervisory board give an account of their activities to the meeting of representatives. The meeting of representatives adopts the annual financial statements and decides how the annual surplus is to be used. It also decides on the discharge of the supervisory board and the executive board. The supervisory board is elected from among their number.

Web links

Individual evidence

  1. ↑ a b Master data of the credit institute at the Deutsche Bundesbank
  2. ↑ Facts and figures as of December 31, 2018

Coordinates: 53 ° 31 '16.8 "  N , 8 ° 7' 8.8"  E