Kieler Volksbank

What Kieler Volksbank does

Kieler Volksbank eG is a member-owned German cooperative bank (eingetragene Genossenschaft) headquartered at Europaplatz 5, 24103 Kiel, founded in 1897 and operating within the Volksbanken Raiffeisenbanken cooperative network. It serves private customers, business customers, private banking clients, and young customers in the Kiel/Schleswig-Holstein region through approximately four physical branches combined with full digital banking channels. Its product portfolio spans retail deposit accounts (Girokonto, Tagesgeld VR-ZinsFrische at 1.75% p.a., Festgeld VR-ZinsRace promoted up to 4.35% p.a., VR-ZinsFix Express-Zertifikat), lending (easyCredit instant consumer loans via TeamBank, Unternehmerkredit up to EUR 100,000 for SMEs, mortgage loans), payment services (Auslandszahlungsverkehr for cross-border business payments, card services), investment distribution (Depotmodelle, Meisterstück-Fonds, Union Investment funds, Online-Brokerage), and insurance distribution (R+V Versicherung Direktversicherung, HanseMerkur products), plus advisory services such as Unternehmensnachfolge succession planning.

The bank's underlying technology stack is the shared cooperative network infrastructure rather than proprietary IP: the VR Banking App for mobile banking, an OnlineBanking portal, an electronic postbox for secure document delivery, and online brokerage are sourced through the Volksbanken Raiffeisenbanken platform (Atruvia/DZ Bank). The cooperative model positions the bank as owner-member oriented ("Meine Bank gehört mir"), supported by a regional foundation (Kieler Volksbank Stiftung), an Ekomi rating of 4.9/5.0 across 4,248 total reviews (129 in the trailing 12 months), and a member-acquisition promotion offering up to EUR 100 in Anteile (shares) gifted to new members.

The bank's revenue model is the standard German cooperative banking model: net interest income from deposit-taking and lending (mortgages, consumer credit, SME loans), fee income from account management, payment transactions, and card services, and commission income from distributing investment and insurance products via Union Investment, R+V Versicherung, HanseMerkur, and TeamBank. Pricing is quote-based and varies by relationship; promotional deposit rates (1.75% Tagesgeld, up to 4.35% Festgeld) are time-limited marketing actions rather than standing rates. The customer mix is horizontally segmented across Privatkunden, Firmenkunden, Private Banking, and Junge Kunden, with the first two explicitly marked as primary segments. Revenue figures are not publicly disclosed in the available source material.

Name

Kieler Volksbank

Legal name

Kieler Volksbank eG

Website

https://kieler-volksbank.de

Company type

Private

Founded year

1897

Operating status

Operating

Headcount range

251–500 employees

Short description

Kieler Volksbank eG is a member-owned German cooperative bank headquartered in Kiel, serving retail, SME, and private banking customers in the Schleswig-Holstein region with deposits, lending, payments, investment distribution, and insurance products through branches and digital channels within the Volksbanken Raiffeisenbanken cooperative network.

Ownership category

akta.pro rank

Headquarters

HQ city

Kiel

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

Revenue model

1. Interest Income: Traditional lending operations generating interest income from mortgage loans, consumer credit (easyCredit), and business loans including entrepreneur credits up to 100,000 EUR.
2. Deposit Taking: Accepts customer deposits through current accounts (Girokonto), savings accounts, and fixed-term deposits with interest paid to customers.
3. Fee-based Services: Account management fees, payment transaction fees, foreign payment services, and card-related services.
4. Investment Products Distribution: Commission income from distributing investment funds (Meisterstück-Fonds, Union Investment), insurance products (R+V Versicherung, HanseMerkur), and securities brokerage services.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Kieler Volksbank eG is a German cooperative bank serving private customers, business customers, private banking clients and young customers in Kiel and the surrounding region. It provides accounts, deposits, loans and financing, investment and brokerage services, insurance and pension products, succession advisory, and online/mobile banking through branches and digital channels.

Product overview

Kieler Volksbank eG is a cooperative bank offering a comprehensive portfolio of banking products and services for private and business customers. Their core offerings include various deposit products (Tagesgeld VR-ZinsFrische, Festgeld VR-ZinsRace, Express-Zertifikat VR-ZinsFix), credit solutions (easyCredit instant loan, Unternehmerkredit business credit), and investment services (Depotmodelle securities accounts, Meisterstück-Fonds, Online-Brokerage). For business customers, they provide Geschäftskonto, Auslandszahlungsverkehr, Direktversicherung, and Unternehmensnachfolge advisory services. The bank supports digital banking through OnlineBanking and the VR Banking App for mobile payments and financial management. Products are distributed through Union Investment (investment funds), TeamBank (instant loans), and R+V Versicherung (insurance/pension) partnerships.

Differentiator

Problem solved

Functional benefit

Brands

• Meisterstück-Fonds: Fondsmanagement in Kiel für Einsteiger und Kenner (Fund management in Kiel for beginners and experts)
• VR-ZinsRace
• VR-ZinsFix Express-Zertifikat
• VR-ZinsFrische

Products and services

• Girokonto
• Tagesgeld (VR-ZinsFrische)
• Festgeld (VR-ZinsRace)
• Express-Zertifikat (VR-ZinsFix)
• Depotmodelle
• Meisterstück-Fonds
• Online-Brokerage
• easyCredit (Sofortkredit)
• Unternehmerkredit
• Geschäftskonto
• Auslandszahlungsverkehr
• Direktversicherung
• Unternehmensnachfolge
• VR Banking App
• OnlineBanking

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered core.

• R+V VersicherungcoreOthersInsurance partner providing R+V Versicherung insurance products through the bank's branch and online channels. Customers can access insurance products and manage related contracts through the bank's Widerruf (cancellation) portal.
• TeamBankcoreOthersProvider of easyCredit instant credit loans, offering consumer financing with flexible terms. The bank distributes this product under the 'easyCredit' brand with online calculation and application capabilities.
• Union InvestmentcoreOthersInvestment management partner providing fund products for the bank's wealth management and investment services. Part of the cooperative banking network's investment infrastructure.
• HanseMerkurcoreOthersInsurance partner offering HanseMerkur insurance products through the bank's distribution channels, providing coverage options for personal and business customers.
• Volksbanken Raiffeisenbanken NetworkcoreTechnology or IntegrationThe bank's cooperative network provides shared banking infrastructure including the VR Banking App, online banking systems, ATM networks, and standardized banking services across thousands of cooperative banks in Germany.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Sparkasse Kiel: The municipal savings bank (Sparkasse) operating in the same city of Kiel, directly competing for the same retail, SME, and private banking customers within the Kiel region.
• Hamburger Volksbank: A regional Volksbank cooperative bank in nearby Hamburg, sharing the same cooperative (eG) ownership model, Volksbanken Raiffeisenbanken network membership, and broad retail/business banking product set.
• Frankfurter Volksbank Rhein/Main: Another cooperative bank (eG) within the Volksbanken Raiffeisenbanken network offering the same full-stack retail, business, and private banking services in a different German region.
• Berliner Volksbank: A larger Volksbank cooperative bank in Berlin, operating the same member-owned model with comparable retail/business/private banking product set within the cooperative network.
• Sparda-Bank Hamburg: A cooperative bank in Northern Germany serving a similar retail customer base with comparable deposit, lending, and digital banking products under a different cooperative tradition.
• PSD Bank Nord: Another cooperative-style retail bank (PSD Bank) operating in Northern Germany with comparable consumer banking offerings and customer segments.
• Volksbank Braunschweig-Wolfsburg (BraWo): A larger regional Volksbank cooperative bank in Lower Saxony operating under the same cooperative ownership model with comparable retail, business, and private banking services.

Regional players

• Hamburger Sparkasse (Haspa): A major regional Sparkasse (savings bank) in Hamburg serving similar retail and SME customers through an analogous branch + digital model in a neighboring German market.

Others

• DZ BANK: The central institution and primary partner of the Volksbanken Raiffeisenbanken cooperative network, providing wholesale banking, securities (brokerage infrastructure), and centralized services that KVB relies on.

Emerging players

• Münchner Hyp (Münchner Hypothekenbank): A specialized mortgage bank within the Volksbanken Raiffeisenbanken cooperative network, comparable as a network-affiliated lender serving overlapping customer segments via different distribution model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/kielervolksbank
• Facebookfacebook.com/108809595868414
• LinkedInlinkedin.com/company/kieler-volksbank-eg

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 Kieler Volksbank