Stadtsparkasse Remscheid

Name

Stadtsparkasse Remscheid

Legal name

Stadtsparkasse Remscheid

Website

https://stadtsparkasse-remscheid.de

Company type

Private

Founded year

1841

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Savings Institutions and Other Depository Credit Intermediation (522180), Depository Credit Intermediation (5221), Finance and Insurance (52)

SIC

Savings Institutions, Not Federally Chartered (6036), Finance Services (6199)

akta.pro primary industry

Savings Banks (Public/State-Owned) (FSABAKAK)

akta.pro secondary industries

Corporate Cash Management & Treasury Services (FSAMAOAA), Customer Experience & Engagement (CRM, Support, Rewards, Loyalty) (FSAGAAAM)

Keywords

• Retail banking services
• Consumer lending products
• Mortgage financing
• Savings and investments
• Retirement planning

Headquarters

HQ city

Remscheid

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Interest Income: Traditional banking interest margin on loans, mortgages, and credit products including S-Baufinanzierung, Sparkassen-Privatkredit, Sparkassen-Autokredit, and S-Dispositionskredit
2. Account and Card Fees: Monthly account maintenance fees, debit card (Sparkassen-Card), and credit card (Mastercard Standard/Gold/Platinum, Visa) fees
3. Investment and Securities Products: Commission revenue from Deka investment funds, ETFs, certificates, and brokerage services through DekaBank Depot and Sparkassen Broker
4. Insurance Products: Commissions from insurance products including liability, household, building, accident, health supplementary, legal protection, and travel insurance
5. Building Savings Products: LBS-Bausparen products with state subsidies, housing allowances, and employee savings grants

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels6 records

Core offering

Stadtsparkasse Remscheid is a regional savings bank providing retail and small-business banking products and services, including current accounts, debit and credit cards, consumer and mortgage loans, savings and investment products, securities brokerage, retirement planning, and insurance products. Offerings are delivered through physical branches, online and mobile banking channels, and partner institutions within the Sparkassen-Finanzgruppe.

Product overview

Stadtsparkasse Remscheid operates as a regional savings bank (Sparkasse) offering a comprehensive financial services portfolio through both physical branch locations and digital banking channels. The product architecture follows a unified banking platform model with multiple integrated product lines: (1) Transaction banking comprising Girokonto current accounts with variants (GiroDirekt, DeinKonto, GiroKompakt, GiroKomfort), Sparkassen-Card debit cards, and Online-Banking via web and Sparkassen-App mobile application with S-pushTAN authentication; (2) Credit card offerings including Mastercard Standard/Gold/Platinum and Visa Standard; (3) Lending products spanning consumer credit (Sparkassen-Autokredit, Sparkassen-Privatkredit), overdraft facilities (S-Dispositionskredit), and real estate financing (S-Baufinanzierung, Remscheider Modernisierungskredit, KfW-Förderkredite, NRW.BANK.Förderdarlehen); (4) Savings and investment products including Tagesgeld, Sparkassenbrief, PS-Sparen, LBS-Bausparen with Wohn-Riester, VL-Sparen, Sparkassen-Depot/Sparkassen-Broker, and DekaBank Depot with Deka-FondsSparplan and Deka-BasisAnlage fund products; (5) Retirement planning services under Sparkassen-Altersvorsorge including FlexGarant annuity, BasisRente, Betriebliche Altersvorsorge, and Sparkassen-FondsRente Vario; (6) Insurance products including liability (Sparkassen-Privat-Haftpflicht), household (Hausrat), building (Wohngebäude), motor vehicle (Kfz), accident, life (Risiko-Lebensversicherung), disability, health supplementary, travel, and legal protection insurance; (7) Digital services including Multibanking, Kontowecker alerts, Wero instant payments, SmartVermögen digital wealth management, S-Invest App, Finanzplaner, Beraterchat, and Digitales Beratungs Center. The bank also partners with PAYBACK for loyalty program integration.

Differentiator

Problem solved

Functional benefit

Products and services

• Girokonto (Sparkassen-Girokonto) Current account product line with multiple variants (GiroDirekt, DeinKonto, GiroKompakt, GiroKomfort) offering checking, transfers, and day-to-day banking services for individual customers.
• Sparkassen-Card Debit card issued by the Sparkasse, available as standard Sparkassen-Card and Sparkassen-Card Mastercard debit variant, enabling cash withdrawals and payments including PAYBACK loyalty integration.
• Mastercard Standard / Gold / Platinum and Visa Standard Credit Cards Credit card products offering worldwide acceptance, cash withdrawals, travel insurance, concierge services, and comprehensive insurance coverage depending on tier.
• Online-Banking Internet banking platform enabling account management, transfers, standing orders, and transaction monitoring via web browser.
• Sparkassen-App (Mobile Banking) Mobile banking application for smartphones providing account access, banking transactions, and service management on iOS and Android devices.
• Sparkassen-Autokredit Vehicle financing loan for purchasing new or used cars with flexible terms from 12 to 120 months.
• Sparkassen-Privatkredit Personal loan for free-use financing needs with optional credit protection insurance.
• S-Dispositionskredit Authorized overdraft facility allowing customers to temporarily exceed their account balance with interest charged only on used amounts.
• S-Baufinanzierung Home construction and real estate financing product offering mortgages for building, buying, or renovating residential property.
• Remscheider Modernisierungskredit

Quantifiable outcome

• Savings of up to 480 Euro per year through employer contributions for employee investment products
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• DekaBankcoreTechnology or IntegrationDekaBank is the central securities house of the Sparkassen-Finanzgruppe. Stadtsparkasse Remscheid offers Deka investment funds, ETFs, certificates, and the DekaBank Depot for securities trading through its branches and online banking.
• LBS (LBS-Bausparkasse der Sparkassen)coreStrategic or Co-development PartnerLBS is the building savings provider for the Sparkassen-Finanzgruppe. Offers LBS-Bausparen products with state subsidies, Wohn-Riester, and employee investment products (VL-Sparen) for home financing.
• Provinzial VersicherungcoreStrategic or Co-development PartnerProvinzial is the insurance partner for Sparkassen offering property, casualty, and supplemental insurance products including Sparkassen-Privat-Schutz, Sparkassen-Unfallversicherung, and Sparkassen-Rentenversicherung FlexGarant.
• PAYBACKminorGTM or Marketing PartnerPAYBACK is a loyalty points program partnership allowing Sparkassen-Card holders to earn points at partner merchants including Aral, dm, EDEKA, and Netto Marken-Discount.
• Sparkassen-FinanzgruppecoreStrategic or Co-development PartnerStadtsparkasse Remscheid is part of the Sparkassen-Finanzgruppe, one of Germany's largest financial services organizations, providing shared banking platforms, products, and brand support.
• KfW BankengruppeminorChannel Partner/ Reseller/ DistributorKfW promotional bank providing subsidized loans for construction, purchase, renovation, and accessibility modifications that are distributed through Sparkassen.
• NRW.BANKminorChannel Partner/ Reseller/ DistributorState development bank for North Rhine-Westphalia providing promotional loans for construction, purchase, modernization, and conversion distributed through Sparkassen.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• Sparkasse KölnBonn: Large German public savings bank serving the Köln/Bonn region as part of the Sparkassen-Finanzgruppe. Operates the same public savings bank model with the same group-wide product partners (DekaBank, LBS, Provinzial) and serves comparable retail/SMB customers through branches and digital channels — the most direct structural and product-line peer.
• Stadtsparkasse München: Munich's municipal public savings bank, also part of the Sparkassen-Finanzgruppe. Highly comparable in mandate, product portfolio, and channel mix; differs primarily by larger balance sheet scale and Munich's stronger demographic and economic base.
• Berliner Sparkasse: Berlin's public savings bank and one of the largest Sparkassen by balance sheet. Same institutional structure, same group-wide product platform, and same retail/SMB target customers — a direct comparator on scale, product breadth, and digital channel maturity.
• Hamburger Sparkasse (Haspa): Hamburg's regional public savings bank, also part of the Sparkassen-Finanzgruppe. Comparable in public-law mandate, retail/SMB focus, and omnichannel distribution; relevant peer for branch strategy, digital adoption, and product cross-sell benchmarking.
• Volksbank Remscheid-Solingen eG: Local cooperative bank (Volksbank) operating in the same Remscheid catchment. Directly competes for retail and SMB customers in the city with a parallel branch and digital model, making it the closest local head-to-head competitor for deposits, mortgages, and SMB lending.

Broad incumbents

• Deutsche Bank AG: Germany's largest private commercial bank, offering overlapping retail, mortgage, securities, and wealth products in Remscheid. A broad incumbent that competes for higher-income retail and SMB customers but operates a fundamentally different (for-profit, publicly-traded) business model.
• Commerzbank AG: Major German commercial bank with retail and SMB banking operations in Remscheid. Competes across current accounts, mortgages, and SMB financing, but with broader product scope and national rather than municipal focus.

Emerging players

• DKB (Deutsche Kreditbank): German direct bank owned by BayernLB, offering online current accounts, brokerage, and consumer lending. Competes for digitally native German retail customers and pressures traditional savings banks on pricing and onboarding — a key emerging threat to Stadtsparkasse Remscheid's retail franchise.
• ING Deutschland: German branch of ING, a leading European direct bank with a strong German retail and brokerage franchise. Targets the same retail customer base as a savings bank with low-fee current accounts, mortgages, and a mobile-first platform, increasingly competing in mid-sized German cities.
• N26 Bank GmbH: Berlin-headquartered German neobank offering mobile-first current accounts and consumer banking. A pure digital challenger attracting younger German retail customers who might otherwise have chosen a local Sparkasse — an emerging competitive pressure on customer acquisition and retention.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@stadtsparkasse_remscheid
• Facebookfacebook.com/SSKRemscheid
• LinkedInlinkedin.com/company/stadtsparkasse-remscheid
• Instagraminstagram.com/stadtsparkasse_remscheid
• Xx.com/SSKRemscheid

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Stadtsparkasse Remscheid