Emsländische Volksbank

What Emsländische Volksbank does

Emsländische Volksbank eG is a German cooperative bank (eingetragene Genossenschaft) founded in 1922 and headquartered in Lingen (Ems), Lower Saxony, serving retail, young, SME/agricultural, and wealth management customers across the Emsland region. The institution operates within the Genossenschaftliche FinanzGruppe cooperative banking network and employs between 251 and 500 staff. Its core offering encompasses current accounts (Girokonto), savings accounts (Sparkonto), consumer credit via easyCredit (TeamBank), business loans up to €100,000 (Unternehmerkredit), Visa and Mastercard debit/credit cards, online brokerage (meinDepot, JuniorDepot), building savings (Bausparkasse Schwäbisch Hall), and insurance products (R+V Versicherung). Distribution combines physical branch presence across the Emsland region with digital channels including the OnlineBanking portal and the VR Banking App.

The bank's technology platform is anchored by the VR Banking App ecosystem with integrated mobile payments (virtual girocard, Visa/Mastercard digital cards), VR SecureGo plus for two-factor transaction authentication, and Wero — a pan-European instant payment solution developed under the European Payments Initiative enabling P2P transfers and online checkout without IBAN. Wero-PRO extends payment acceptance to small businesses and sole traders via QR-code-based cashless payments. The Empfängerüberprüfung feature enhances security for business payment transactions.

The revenue model is built on three streams: net interest income from lending activities (mortgages, consumer loans, business loans, overdrafts); account maintenance and transaction fees from Girokonto, card issuance, and brokerage commissions; and commission income from distributing partner financial products (Bausparkasse Schwäbisch Hall building savings, R+V insurance, Union Investment funds, TeamBank consumer credit). Pricing is published via a Preisaushang fee schedule, with the only explicitly disclosed transaction fee being Wero-PRO's 0.75% charge for incoming small-business payments. Go-to-market is sales-led through branch advisory supplemented by self-serve digital channels.

Name

Emsländische Volksbank

Legal name

Emsländische Volksbank eG

Website

https://elvb.de

Company type

Private

Founded year

1922

Operating status

Operating

Headcount range

251–500 employees

Short description

Emsländische Volksbank eG is a German cooperative bank founded in 1922, headquartered in Lingen (Ems), serving retail, SME, agricultural, and wealth management customers across the Emsland region through physical branches and digital banking channels.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Savings Institutions and Other Depository Credit Intermediation (52218), Portfolio Management and Investment Advice (52394)

SIC

Savings Institutions, Not Federally Chartered (6036), Investment Advice (6282)

akta.pro primary industry

Agricultural & Rural Development Banks (FSABAKAE)

akta.pro secondary industry

Full-Service Retail Brokerage & Wealth Platforms (FSAAAAAA)

Keywords

• Retail banking services
• Cooperative banking
• Consumer lending
• Business banking
• Wealth management

Headquarters

HQ city

Meppen

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: Core banking revenue from lending activities — mortgages, consumer loans (easyCredit), entrepreneur credits, and overdraft facilities. As a cooperative bank (Volksbank), interest spread between lending and deposit rates is a primary revenue driver.
2. Account & Transaction Fees: Monthly account maintenance fees (Girokonto), transaction fees for payments, card issuance fees for Visa/Mastercard debit and credit cards, and brokerage commissions for securities trading (meinDepot, JuniorDepot).
3. Building Savings & Insurance Products: Commission revenue from partnered building savings (Bausparkasse Schwäbisch Hall) and insurance products (R+V Versicherung, Direktversicherung), and investment fund distribution (Union Investment).

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

Emsländische Volksbank eG is a regional cooperative bank that provides full-service retail and business banking through physical branches and digital channels. Its core offering comprises current accounts (Girokonto), savings products (Sparkonto, Bausparen), consumer and business credit (easyCredit, Unternehmerkredit up to €100,000), debit/credit cards (Visa/Mastercard), mobile and online banking (VR Banking App, Wero instant payments), securities brokerage (Online-Brokerage, meinDepot, JuniorDepot), building savings and insurance via partners, wealth management, business payment services (Geschäftskonto, Auslandszahlungsverkehr), and succession-planning advisory for SMEs and agricultural clients in the Emsland region.

Product overview

Emsländische Volksbank eG offers a comprehensive retail and business banking portfolio through its multi-channel platform. The core banking platform centers on the Girokonto (current account) with integrated VR Banking App for mobile and online access. Payment capabilities include Visa and Mastercard debit/credit cards, Wero instant payments (peer-to-peer and online checkout), and traditional card-based transactions. Savings products comprise Sparkonto and Bausparen für Kinder (via Bausparkasse Schwäbisch Hall). Credit offerings include easyCredit instant loans (via TeamBank) and Unternehmerkredit business loans up to €100,000. Investment services include Online-Brokerage, meinDepot (for young investors via DZ BANK), and JuniorDepot (for children via Union Investment). Business services encompass Geschäftskonto, Auslandszahlungsverkehr, Direktversicherung, Unternehmensnachfolge advisory, and Empfängerüberprüfung. Security is provided through VR SecureGo plus two-factor authentication. Wero-PRO extends cashless payment acceptance to small businesses.

Differentiator

Problem solved

Functional benefit

Brands

• Wero: European payment solution for sending money and online payments via smartphone, part of the European Payments Initiative (EPI).
• VR Banking App
• VR SecureGo plus

Products and services

• Girokonto Current account for everyday banking transactions, accessible via online and mobile banking through the VR Banking App.
• Sparkonto Savings account with flexible deposit amounts and customizable terms for retail customers.
• VR Banking App Mobile banking application for iOS and Android offering account management, digital card storage, mobile payments (girocard, Visa, Mastercard), Wero P2P transfers, and secure transaction authorization.
• Debit- und Kreditkarten (Visa/Mastercard) Debit and credit card products issued under Visa and Mastercard brands for cashless payments and withdrawals.
• easyCredit Instant installment credit product offered in partnership with TeamBank, providing flexible personal loans for retail customers.
• Online-Brokerage Online securities trading platform enabling customers to invest in stocks, funds, and other financial instruments.
• meinDepot Investment depot for young investors, offered in partnership with DZ BANK, enabling simple wealth building.
• JuniorDepot Investment depot for children, integrated into UnionDepot, enabling parents to invest on behalf of their children.
• Bausparen für Kinder Building savings contract for children, offered in partnership with Bausparkasse Schwäbisch Hall, providing a financial foundation for future housing or education needs.
• Geschäftskonto Business current account for firms and agricultural customers to manage business payments.
• Unternehmerkredit Business loan offering up to €100,000 for SMEs and agricultural customers to fund new plans or deferred projects.
• Auslandszahlungsverkehr International payment services enabling safe and fast cross-border transactions for business and agricultural customers.
• Direktversicherung Direct insurance products in partnership with R+V Versicherung providing company pension schemes (betriebliche Altersvorsorge) for employees.
• Unternehmensnachfolge Succession-planning advisory services for business owners addressing financial and asset-related questions, supported by VR EquityPartner.
• VR SecureGo plus Two-factor authentication application for authorizing banking transactions and payments, including Wero transactions and high-value transfers.
• Wero European instant payment solution enabling money transfers via mobile number or email (without IBAN) and online checkout payments, integrated into the VR Banking App.
• Wero-PRO Payment solution for small businesses and sole traders (Kleingewerbetreibende) enabling real-time QR-code-based cashless payments with transaction receipts, customizable references, and automatic payment reminders, with a 0.75% transaction fee.
• Kontowechselservice Account-switching service enabling customers to easily and securely transfer their current account from another bank to Emsländische Volksbank.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core, supporting and minor.

• European Payments Initiative (EPI) / WerocoreTechnology or Integration · 1 January 2025Emsländische Volksbank eG participates in the European Payments Initiative through Wero, a pan-European instant payment solution. Wero enables customers to send money using only mobile numbers or email addresses without IBAN, pay online, and receive payments in real time 24/7. The EPI was launched by multiple European banks including German cooperative banks, with initial availability in Germany, France, Belgium, and the Netherlands, with further countries planned.
• Bausparkasse Schwäbisch HallcoreStrategic or Co-development PartnerCo-promoted partner for building savings products (Bausparen). The bank offers building savings contracts for children and adults in partnership with Schwäbisch Hall, Germany's largest building savings provider, supporting homeownership and savings goals.
• GENO BrokersupportingTechnology or IntegrationThird-party broker platform used for securities trading and brokerage services. Contract revocation processes for GENO Broker agreements are handled via the partner's website.
• R+V VersicherungcoreChannel Partner/ Reseller/ DistributorPrimary insurance partner for the bank, distributing R+V insurance products to retail and business customers. The partnership covers direct insurance (Direktversicherung/betriebliche Altersvorsorge) and retail insurance products.
• TeamBanksupportingChannel Partner/ Reseller/ DistributorProvider of the easyCredit installment loan product, offered as a consumer credit solution by the bank. TeamBank is a direct bank specializing in installment loans distributed through partner banks.
• Union InvestmentsupportingChannel Partner/ Reseller/ DistributorInvestment fund partner distributing Union Investment mutual funds and the UnionDepot (securities depot) to customers. The bank offers meinDepot for young investors and JuniorDepot in UnionDepot for children's investments through this partnership.
• expert.deminorGTM or Marketing PartnerOnline retailer partner in a Wero promotional campaign: customers who pay at expert.de (minimum purchase €50) with Wero receive an instant €10 discount. Promotion ran until July 31 of the current year.

Scale indicators1 record

Recent moves6 records

Expansion highlights6 records

Direct peers

• Oldenburgische Volksbank: A regional cooperative Volksbank operating in the neighboring Oldenburg region of Lower Saxony, with a comparable retail and SME banking franchise, similar Genossenschaftliche FinanzGruppe membership, and analogous multi-channel distribution model.
• Volksbank Weser-Ems: Another regional cooperative bank in Lower Saxony serving retail, business, and agricultural customers with a similar branch-and-digital model, directly comparable in scale, product mix, and customer segments.
• Sparkasse Emsland: The local savings bank (Sparkasse) operating in the same Emsland region, providing the most direct local competitive overlap in retail deposits, SME lending, and municipal banking services.
• Osnabrücker Volksbank: Regional cooperative Volksbank adjacent to Emsland with comparable retail and business banking products, including wealth management and agricultural lending, sharing the same cooperative network infrastructure.
• Grafschafter Volksbank: A nearby regional cooperative bank serving the Grafschaft Bentheim area, directly comparable in size, customer base, and product offering to Emsländische Volksbank.
• PSD Bank Nord: A cooperative bank serving northern Germany with a retail and public sector customer focus, comparable in cooperative governance and product offering though with a different geographic concentration.

Broad incumbents

• Sparda-Bank Hamburg: A larger cooperative bank within the same Genossenschaftliche FinanzGruppe, serving a broader geographic area with similar retail banking products but greater scale and a different customer concentration.
• DZ BANK: The central institution and apex bank of the German cooperative banking network, providing wholesale banking, product infrastructure (Union Investment, R+V), and technology platforms (VR Banking, Wero) that Emsländische Volksbank relies on.
• ING-DiBa: Germany's largest direct bank and a major competitor for retail deposits, brokerage, and consumer credit across the country, competing with Emsländische Volksbank for digital-first customers in the Emsland region.
• Targobank: A nationwide retail and SME bank with comparable offerings in consumer credit, brokerage, and business banking, competing for the same retail and small business customer segments as Emsländische Volksbank.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/EmslaendischeVB

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 Emsländische Volksbank