Grafschafter Volksbank

What Grafschafter Volksbank does

Grafschafter Volksbank eG is a regional cooperative bank (eingetragene Genossenschaft) headquartered in Nordhorn, Germany, serving the Grafschaft Bentheim area in Lower Saxony. The bank operates under a member-owned cooperative structure with roots dating to 1906 across seven founding locations (Nordhorn, Emlichheim, Veldhausen, Gildehaus, Schüttof, Bentheim, and Brandlecht), now consolidated into a unified franchise. It serves six customer segments: private retail customers (Privatkunden), small and medium-sized businesses (Firmenkunden), freelancers and institutions (Freie Berufe & Institutionen), affluent clients under the Euregio Invest private banking brand, agricultural clients (Agrar), and real estate customers (Immobilien).

The bank's product portfolio spans checking accounts (Girokonto), debit and credit cards via Mastercard, fixed deposits (Festgeld), instant consumer loans through easyCredit (TeamBank), online brokerage, business accounts with entrepreneur credit up to EUR 100,000, international payment services, direct insurance (occupational pensions via R+V), and real estate brokerage through a dedicated portal. Digital distribution is delivered through the OnlineBanking Portal, the VR Banking App with integrated Wero instant payment service, Apple Pay compatibility, WhatsApp customer service, and Bomgar-based remote support (Fernwartung) for cash management clients. Core technology is sourced from the shared Volksbanken Raiffeisenbanken IT infrastructure, primarily via Atruvia.

The business model combines traditional cooperative bank revenue streams: net interest income from loans, mortgages, and deposits; account and transaction fees; commission income from distribution partnerships with Allianz, R+V Versicherung, VKB, Union Investment, TeamBank/easyCredit, GENO Broker, and GENO Energie; and fee-based business banking services including cash management and foreign trade finance. Pricing is not publicly disclosed and is quote-based. Distribution is hybrid: physical branches for advisory and complex products, complemented by digital self-service channels. The leadership team identified publicly is Johannes Hensen and Daniel Sandfort. Community engagement programs include the 10 x 1,000 EUR Trikot-Aktion for local sports clubs and the Sterne des Sports initiative.

Name

Grafschafter Volksbank

Legal name

Grafschafter Volksbank eG

Website

https://grafschafter-volksbank.de

Company type

Private

Founded year

1906

Operating status

Operating

Headcount range

101–250 employees

Short description

Grafschafter Volksbank eG is a member-owned German cooperative bank headquartered in Nordhorn, serving retail, SME, agricultural, private banking, and real estate customers across the Grafschaft Bentheim region in Lower Saxony through 7 branches and digital channels including the VR Banking App and Wero payments.

Ownership category

akta.pro rank

Product category

Cooperative Retail Banking

NAICS

Savings Institutions and Other Depository Credit Intermediation (52218), Depository Credit Intermediation (5221), Real Estate Credit (522292)

SIC

Savings Institutions, Not Federally Chartered (6036), Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Mutual Savings Banks & Mutual Thrifts (FSABAEAD)

Keywords

• Cooperative banking
• Retail banking services
• Agricultural banking
• Business banking
• Private banking

Headquarters

HQ city

Nordhorn

HQ country

Germany

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: Traditional banking revenue from interest margins on loans, mortgages, and credit products offered to retail and business customers
2. Account and Transaction Fees: Fees from account maintenance, transaction processing, and payment services including girocard and international payments
3. Financial Product Distribution: Commission revenue from sale and distribution of insurance products, investment funds (Union Investment), and pension products
4. Banking Services: Revenue from business banking services, cash management, foreign trade finance, and corporate financing solutions

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Grafschafter Volksbank is a regional cooperative bank (eingetragene Genossenschaft) headquartered in Nordhorn, Lower Saxony, serving the Grafschaft Bentheim area. It provides retail, business, agricultural, and private banking products — including checking and savings accounts, debit and credit cards, consumer and business loans, online brokerage, real estate brokerage, and international payments — through a network of seven local branches and digital channels.

Product overview

Grafschafter Volksbank eG is a regional cooperative bank (Volksbank) serving the Grafschaft Bentheim area in Lower Saxony, Germany. The bank operates as a multi-channel financial services provider offering a platform-plus-branch model combining digital banking through the VR Banking App and OnlineBanking Portal with physical branch locations. The core product portfolio includes checking accounts (Girokonto), fixed deposits (Festgeld), credit cards via Mastercard, instant loans (easyCredit), and online brokerage services for retail customers. Business banking offerings encompass business accounts (Geschäftskonto), entrepreneur credits up to 100,000 euros, international payment services, and direct insurance for company pension schemes. Specialized banking services include agricultural banking (Agrar), private banking under the Euregio Invest brand, and banking for professionals and institutions (Freie Berufe & Institutionen). Digital services include the VR Banking App with integrated Wero instant payment functionality, WhatsApp customer service, and remote maintenance support. The bank also offers real estate brokerage through a dedicated portal and various savings and investment products.

Differentiator

Problem solved

Functional benefit

Brands

• VR Banking App: Mobile banking application for digital banking and payments
• Wero

Products and services

• Personal Checking Account (Girokonto)
• Business Checking Account (Geschäftskonto)
• Debit and Credit Cards
• Fixed Deposit / Savings Bonds (Sparbriefe)
• easyCredit Consumer Loan (via TeamBank)
• Entrepreneur Loan (Unternehmerkredit)
• Agricultural Banking Services
• Private Banking Services
• Online Brokerage (GENO Broker)
• Real Estate Brokerage
• International Payment Services
• Insurance Distribution (Allianz / R+V)
• Investment Fund Distribution (Union Investment)

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Partnerships

Six partnerships are on record, tiered minor and core.

• AllianzminorOthersInsurance partner allowing customers to access Allianz insurance products through the bank's distribution channels. Widerruf (cancellation) services for contracts are referred back to Allianz directly.
• GENO EnergieminorOthersEnergy partner offering electricity and gas products to bank customers. Widerruf services are handled directly by GENO Energie.
• R+V VersicherungminorOthersInsurance partner providing coverage products through the bank's advisory network. Widerruf services directed to R+V directly.
• TeamBank / easyCreditcoreChannel Partner/ Reseller/ DistributorConsumer lending partner providing instant credit products (easyCredit) that are distributed through the bank's channels. The bank acts as a distribution intermediary for TeamBank's credit products.
• Union InvestmentcoreChannel Partner/ Reseller/ DistributorInvestment fund partner offering mutual funds and asset management products. Distributed through the bank's private banking and investment advisory services.
• VKB – Versicherungskammer BayernminorOthersInsurance partner providing regional insurance products. Widerruf handling is managed directly through VKB's portal.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• ING-DiBa (ING Germany): ING Germany is the largest direct bank in Germany offering checking, savings, brokerage, and consumer credit with a digital-first model. It competes with Grafschafter Volksbank for retail deposits and consumer lending across the same customer base, but at significantly larger national scale.
• DKB (Deutsche Kreditbank): DKB is a major German direct bank owned by BayernLB, offering retail banking, brokerage, and consumer credit with strong digital channels. It competes with Grafschafter Volksbank for digitally-engaged retail customers and SME banking across Germany.

Emerging players

• N26 Bank: N26 is a Berlin-based mobile-first neobank targeting German retail customers with checking accounts, savings, and P2P payments. It represents the digital-native competitive threat to traditional cooperative banks like Grafschafter Volksbank, particularly among younger retail segments.

Direct peers

• Hamburger Volksbank: Hamburger Volksbank is a regional Volksbank serving Hamburg with retail, SME, and private banking services — directly comparable as a regional cooperative bank within the same Volksbanken Raiffeisenbanken network, offering similar products (VR Banking App, easyCredit, Union Investment) and member-ownership governance.
• PSD Bank München: PSD Bank München is a German cooperative bank with a member-centric model offering retail banking, mortgages, and consumer credit — closely comparable to Grafschafter Volksbank's cooperative ownership structure, product range, and reliance on the shared cooperative banking infrastructure.
• Volksbank Raiffeisenbank Bayern Mitte: Volksbank Raiffeisenbank Bayern Mitte is a regional cooperative bank in the Volksbanken Raiffeisenbanken network serving retail, SME, and agricultural customers in Bavaria — an almost identical operating model to Grafschafter Volksbank including shared DZ Bank/Atruvia platform infrastructure and member-owned governance.
• Sparda-Bank München: Sparda-Bank München is a German cooperative retail bank serving members with a multi-channel banking model including checking, savings, brokerage, and consumer credit — directly comparable to Grafschafter Volksbank's cooperative structure and product mix, differing mainly by being member-restricted rather than regionally restricted.

Others

• DZ Bank: DZ Bank is the central institution and apex bank of the Volksbanken Raiffeisenbanken cooperative network, providing wholesale banking, product manufacturing (Union Investment, easyCredit/TeamBank), and IT infrastructure (Atruvia) to local cooperative banks like Grafschafter Volksbank. It is the primary enabling partner rather than a competitor.

Regional players

• Kreissparkasse Nordhorn: Kreissparkasse Nordhorn is the local Sparkasse (savings bank) serving the same Grafschaft Bentheim region with a parallel public-sector banking mandate. It is a direct local competitor in retail and SME banking, offering a very similar product portfolio including checking, mortgages, and corporate finance.
• Oldenburgische Landesbank (OLB): OLB is a regional German bank serving northwest Germany including Lower Saxony with retail, SME, and private banking — overlapping with Grafschafter Volksbank's regional footprint and customer base, though operating at larger scale as a publicly traded Landesbank.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/grafschaftervb
• Facebookfacebook.com/GrafschafterVB
• LinkedInlinkedin.com/company/immobilienabteilung-der-grafschafter-volksbank

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Grafschafter Volksbank