VBU Volksbank im Unterland eG

VBU Volksbank im Unterland eG
eingetragene Genossenschaft, e.G. (cooperative)
Industry Financial Services
Founded 1904
Headquarters Schwaigern, Baden-Wuerttemberg, Germany
Key people
Siegfried Seitz (chairman), Jürgen Leiß
Total assets 789m Euros
Website www.vbu-volksbank.de

VBU Volksbank im Unterland eG is a cooperative German bank situated in Schwaigern, Baden-Wuerttemberg. The bank is a member of the Bundesverband der Deutschen Volksbanken und Raiffeisenbanken (the national association of German cooperative banks) as well as of the Baden-Wuerttembergischer Genossenschaftsverband (Association of Baden-Wuerttemberg’s cooperatives).

History

The bank's history is marked by several mergers of small cooperative banks from 1971 to 2002. Like these small institutes, VBU Volksbank im Unterland eG is founded on Friedrich Wilhelm Raiffeisen's and Franz Hermann Schulze-Delitzsch's cooperative philosophy.

Network of branches

The bank has its headquarters in Schwaigern and branches in Lauffen am Neckar, Leingarten, Massenbachhausen, Neckarwestheim, Nordheim, Schwaigern, Schwaigern-Massenbach, Schwaigern-Stetten. There are also three self-service-branches in Leingarten-Schluchtern, Nordheim-Nordhausen and in Schwaigern-Stetten.

Financial Services Network

VBU Volksbank im Unterland eG offers a full-range of banking services. Therefore, the bank cooperates with partners from the Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken (Cooperative Financial Services Network), such as:

Protection Scheme / Guarantee Fund

100 percent of the bank's costumers' deposits are safeguarded by the "Sicherungseinrichtung des BVR" (The National Association of German Cooperative Banks' Protection Scheme).

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