Westerwald Bank

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Logo of the cooperative banks  Westerwald Bank eG
Volks- und Raiffeisenbank
Country GermanyGermany Germany
Seat Kirchstrasse 2-4
56410  Montabaur
legal form registered cooperative
Bank code 573 918 00
BIC GENO DE51 WW1
founding 1849/1862
Association Genossenschaftsverband - Association of Regions eV
Website www.westerwaldbank.de
Business data 2018
Total assets € 3.02 billion
insoles € 2.50 billion
Customer credit € 1.82 billion
Employee 526
Offices 20th
Members 89,430
management
Board Wilhelm Höser (Speaker)
Ralf Kölbach
Markus Kurtseifer
Andreas Tillmanns
Supervisory board Wolfgang Kögler (Chairman)
List of cooperative banks in Germany
Westerwaldbank in Ransbach

The Westerwald Bank eG is a German cooperative bank based in the Rhineland-Palatinate town of Montabaur in the Westerwald district . In addition to the Westerwaldkreis, the business area includes the Altenkirchen district , parts of the Neuwied district and the Rhein-Sieg district in North Rhine-Westphalia .

history

Volksbank Westerwald eG

In December 1862 in the then Nassau town of Hachenburg, around 300 craftsmen, farmers and small traders founded the “Hachenberger Advance Association” based on the cooperative idea developed by Hermann Schulze-Delitzsch . Such advance payment or savings and loan associations were also formed in Bad Marienberg (1863), Emmerichenhain (1865; now a part of Rennerod ) and Selters . Knowledge (1870) and Ransbach-Baumbach (1876) followed later . The “Volksbank Westerwald eG” was later formed from the mergers of these cooperatives.

Raiffeisenbank 2000 Westerwald eG

In the adjacent and then to Prussia belonging Altenkirchen founded in 1849 the Flammer fields mayor Friedrich Wilhelm Raiffeisen the "Flammer fields Hülfsverein to support impecunious agriculturists". This association was one of the forerunners of the cooperative foundations suggested by Raiffeisen. In 1862, the first loan associations were founded in the region on the initiative of Raiffeisen. In the business area of ​​today's Westerwald Bank, further savings and loan associations were founded in 1868 in Puderbach ( Neuwied district ), in 1869 in Almersbach , Altenkirchen , Flammersfeld , Horhausen (all Altenkirchen district) and Rengsdorf (Neuwied district), and in Kroppach (Westerwaldkreis) in 1879 . These cooperatives merged over the years to form “Raiffeisenbank 2000 Westerwald eG”.

Westerwald Bank eG

In 2001 the “Volksbank Westerwald eG” and the “Raiffeisenbank 2000 Westerwald eG” were merged and have since then been operating under the name “Westerwald Bank eG, Volks- und Raiffeisenbank”. Since 2011, the Westerwald Bank, together with the WGZ-Bank and the DZ-Bank, has been supporting the large-scale Raiffeisen Campus project , a newly founded, cooperative-sponsored high school in Dernbach (Westerwald) .

Merger 2017

On July 19, 2017, Westerwald Bank eG Volks- und Raiffeisenbank merged with Volksbank Montabaur-Höhr-Grenzhausen eG and continues to operate under the previous name Westerwald Bank eG Volks- und Raiffeisenbank.

Catchment area

The "Westerwald Bank" is represented across the board in the Westerwaldkreis and in the Altenkirchen district. In addition, offices are maintained in neighboring communities in neighboring districts. The bank is currently represented with a branch at a total of 20 locations.

Westerwaldkreis

Bad Marienberg , Hachenburg , Höhr-Grenzhausen , Montabaur , Ransbach-Baumbach , Rennerod , Selters (Westerwald) , Westerburg , Wallmerod and Wirges .

Altenkirchen district

Altenkirchen , Betzdorf , Flammersfeld , Horhausen , Wissen and Weyerbusch

Neuwied district

Dierdorf , Puderbach and Rengsdorf

Rhein-Sieg district ( North Rhine- Westphalia )

Windeck data field

Web links

Commons : Westerwald Bank  - Collection of images, videos and audio files

Individual evidence

  1. a b Master data of the credit institute at the Deutsche Bundesbank
  2. Annual Report 2018
  3. ^ Walter Koch: Friedrich Wilhelm Raiffeisen , State Center for Civic Education Rhineland-Palatinate (PDF; 164 kB)

Coordinates: 50 ° 39 ′ 42.4 ″  N , 7 ° 49 ′ 20 ″  E