Volksbank Kassel Göttingen eG

What Volksbank Kassel Göttingen eG does

Volksbank Kassel Göttingen eG is a German cooperative bank (eingetragene Genossenschaft) founded in 1864, headquartered in Kassel with additional branches across the Göttingen metropolitan area in the states of Hesse and Lower Saxony. The bank serves four core customer segments — retail customers (Privatkunden), young customers and parents (Junge Kunden & Eltern), small and medium-sized business customers (Firmenkunden), and private banking clients — through a hybrid distribution model that pairs physical branch advisory with digital channels including the VR Banking App, OnlineBanking portal, VR SecureGo plus authentication app, phone banking, and video consultation.

The product portfolio spans current accounts (Girokonto, Taschengeldkonto, Geschäftskonto), savings and investment products (Tagesgeld, Gewinnsparen, ZinsInvest, Fondssparplan, VermögenPlus, Altersvorsorgedepot, Kindervorsorge, AufrundenPlus), consumer and mortgage lending (easyCredit up to 75,000 EUR via Teambank, Baufinanzierung), business banking (Betriebsmittelkredit, Firmenkreditkarte, Auslandszahlungsverkehr), online brokerage via DZ Bank, insurance distribution, and the voba4home real estate portal. Digital payment capabilities include Apple Pay and the Wero real-time transfer service integrated into the VR Banking App.

Revenue is generated through traditional banking mechanics: net interest income from lending and deposit spreads, transaction and account fees, investment and brokerage commissions, and insurance distribution commissions. The bank operates as a member-owned cooperative with participation shares starting at 50 EUR, embedding customers as owners and aligning with the Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken network for shared infrastructure, products, and brand identity. No revenue figures, headcount trends, or AI/ML capabilities are disclosed in the available data.

Name

Volksbank Kassel Göttingen eG

Legal name

Volksbank Kassel Göttingen eG

Website

https://kasselerbank.de

Company type

Private

Founded year

1864

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Volksbank Kassel Göttingen eG is a German cooperative bank founded in 1864, serving retail, young, business, and private banking customers across the Kassel and Göttingen regions via branches and digital channels, offering accounts, lending, investments, insurance, and real estate services.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

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

SIC

National Commercial Banks (6021), Savings Institution, Federally Chartered (6035)

akta.pro primary industry

Digital Banking & Neobank Platforms (BPAMAFAD)

akta.pro secondary industries

Direct Lending — Specialty Finance (Consumer/SME Lending Platforms) (FSAHAJAF), Customer Experience & Engagement (CRM, Support, Rewards, Loyalty) (FSAGAAAM)

Keywords

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

Headquarters

HQ city

Kassel

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: Traditional banking revenue from lending activities, including mortgages (Bauen & Wohnen), consumer credits (easyCredit), and business loans (Betriebsmittelkredit). Interest spread between lending and deposit rates.
2. Transaction & Account Fees: Fees from Girokonto maintenance, payment transactions, credit card usage, foreign currency transactions (Auslandszahlungsverkehr), and account services.
3. Investment Products & Brokerage: Revenue from investment fund distribution (VermögenPlus, Fondssparplan), online brokerage services, and financial advisory for wealth management.
4. Insurance Distribution: Commission revenue from selling insurance products (Versicherung) to retail and business customers as part of comprehensive financial services.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels7 records

Core offering

Volksbank Kassel Göttingen eG is a cooperative bank (eingetragene Genossenschaft) offering retail and business banking services to customers in the Kassel and Göttingen regions of Germany. The bank provides checking accounts (Girokonto), savings products (Tagesgeld, Fondssparplan, ZinsInvest), consumer and mortgage loans (easyCredit, Baufinanzierung), investment and brokerage services (VermögenPlus, Online-Brokerage), insurance distribution, and business banking products (Geschäftskonto, Betriebsmittelkredit, Firmenkreditkarte). Services are delivered through physical branches, phone banking, video consultation, OnlineBanking, and the VR Banking App.

Product overview

Volksbank Kassel Göttingen eG is a cooperative bank offering a unified banking platform combining digital and branch-based services. The core product portfolio includes the VR Banking App and OnlineBanking as primary digital channels, supported by add-on security modules like VR SecureGo plus App. Retail banking products include Girokonto, Tagesgeld, Gewinnsparen, ZinsInvest, Fondssparplan, and VermögenPlus for savings and investment. Credit offerings feature easyCredit (instant loans up to 75,000 euros) and Online-Brokerage for securities trading. The bank also provides specialized offerings like AufrundenPlus (automatic rounding savings), Altersvorsorgedepot (retirement savings with 2027 state subsidies), and Kindervorsorge (child savings). Business banking includes Geschäftskonto, Firmenkreditkarte, Betriebsmittelkredit, and Auslandszahlungsverkehr. Additional services include voba4home (real estate portal), Stepone (entrepreneur platform), and video/telephone advisory services. The bank supports Apple Pay for mobile payments and Wero for real-time money transfers.

Differentiator

Problem solved

Functional benefit

Brands

• VR Banking App: Mobile banking application for managing finances on smartphones
• VR SecureGo plus App
• Wero
• AufrundenPlus
• VermögenPlus
• easyCredit
• ZinsInvest
• Online-Brokerage
• voba4home

Products and services

• Girokonto Current account models providing full control over personal finances for retail customers, available with OnlineBanking and VR Banking App access.
• Tagesgeld Flexible savings investment without fixed maturity for wealth accumulation, available to retail banking customers.
• Gewinnsparen Combined savings and lottery product where customers save monthly, participate in prize draws, and contribute to charitable causes simultaneously.
• ZinsInvest Investment product combining fixed-term deposits with securities investment, available via OnlineBanking for retail customers.
• Fondssparplan Fund savings plan allowing customers to systematically build wealth through regular monthly investments in mutual funds starting from 25 EUR per month.
• VermögenPlus Investment offering that allows customers to invest in actively managed investment funds, index funds, and ETFs, targeted at retail and private banking clients.
• Altersvorsorgedepot Retirement savings depot offering new state subsidies for retirement provisions starting in 2027, available to retail customers.
• Kindervorsorge Child savings solution that supports the financial future of children in a flexible, simple, and sustainable forward-looking manner for parents and families.
• Taschengeldkonto Free current account providing children and young adults with access to pocket money, summer job salary, or monetary gifts via app or online banking.
• easyCredit Instant loan product with financial flexibility offering up to 75,000 EUR, distributed via partnership with Teambank to retail customers.
• Online-Brokerage Online securities trading platform enabling customers to trade quickly and easily on the stock exchange, provided in partnership with DZ Bank.
• Kreditkarten Credit card offerings providing various options for cashless payments for retail customers.
• Versicherungen Insurance products for protection and security distributed by the bank to retail and business customers as part of comprehensive financial services.
• Geschäftskonto Business account for handling payments simply and efficiently, targeted at small and medium-sized enterprises and business customers.
• Firmenkreditkarte Business credit cards enabling cash withdrawals worldwide and cashless payments for SME and business customers.
• Betriebsmittelkredit Working capital financing for goods, inventories, and raw materials with cash discount advantages for business customers.
• Auslandszahlungsverkehr International payment services processing payment orders across national borders safely and quickly for business customers.
• voba4home Immobilienportal Real estate portal for finding houses or apartments for purchase or rent in Kassel, Göttingen, and surrounding areas, provided to retail customers and businesses.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Genossenschaftliche FinanzGruppe Volksbanken RaiffeisenbankencoreStrategic or Co-development PartnerVolksbank Kassel Göttingen eG is a member of the Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken, Germany's large cooperative banking network. This partnership provides access to shared products, services, infrastructure, and the collective brand identity of the cooperative banking movement.
• Teambank (easyCredit)coreTechnology or IntegrationPartnership with Teambank for providing easyCredit instant loans up to 75,000 EUR. The bank distributes this white-label consumer credit product as part of its lending portfolio.
• SteponeminorGTM or Marketing PartnerReferral partnership with Stepone entrepreneur platform for topics related to business founding and succession planning. Stepone is promoted as a resource for business customers of the bank.
• Wero/EPC (European Payments Council)coreTechnology or IntegrationIntegration of Wero payment service in the VR Banking App, enabling real-time money transfers using mobile phone numbers. Wero is a pan-European payment initiative of the European Payments Council.

Scale indicators1 record

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• DKB (Deutsche Kreditbank): Major German direct bank owned by BayernLB, offering retail and SME banking nationwide through digital channels. Competes with Volksbank Kassel Göttingen for retail checking, brokerage, and consumer credit customers.
• ING-DiBa: Germany's largest direct bank with nationwide retail banking, brokerage, and consumer lending. Operates as a digital-first incumbent with no branch network, competing with Volksbank Kassel Göttingen for retail deposits, mortgages, and investment products.
• Targobank: German retail and SME bank owned by Crédit Mutuel, with nationwide branch and digital presence. Competes directly with cooperative banks for consumer credit, checking accounts, and SME banking customers.
• Volksbanken Raiffeisenbanken (cooperative network): The parent cooperative network of which Volksbank Kassel Göttingen is a member. Operates broadly across Germany with shared products (VR Banking App, OnlineBanking) and joint infrastructure, but functions as the umbrella organization rather than a direct competitor.
• Commerzbank: One of Germany's largest universal banks serving retail, SME, and corporate clients nationwide. Overlaps with Volksbank Kassel Göttingen in retail banking, SME lending, and wealth management but with much broader geographic reach.

Direct peers

• Sparda-Banken (e.g., Sparda-Bank Hessen): Sparda-Banken are German cooperative retail banks operating with a similar member-focused, regionally anchored model. Sparda-Bank Hessen directly overlaps with Volksbank Kassel Göttingen in the Hesse region, serving retail customers with checking, savings, and consumer lending.
• PSD Bank Hessen-Thüringen: Cooperative retail bank serving the Hesse-Thuringia region with similar product offerings (checking, savings, consumer credit, insurance). Operates with comparable cooperative ownership structure and regional focus.
• Sparkasse Göttingen: Regional savings bank operating in the Göttingen market, directly overlapping with Volksbank Kassel Göttingen's service territory. Offers the same core retail and SME banking services to consumers and local businesses.
• Sparkasse Kassel: Regional public-sector savings bank serving the same Kassel metropolitan area with comparable retail, SME, and wealth management products. Sparkassen are the closest functional equivalent to cooperative Volksbanken in German retail banking.

Emerging players

• N26: Germany-headquartered digital-only challenger bank serving retail customers across Europe via mobile app. Represents the emerging digital-first model competing with traditional cooperative banks for younger retail customers and primary banking relationships.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@volksbankkasselgottingeneg
• Facebookfacebook.com/VolksbankKasselGoettingen
• LinkedInde.linkedin.com/company/volksbank-kassel-g%C3%B6ttingen-eg
• Instagraminstagram.com/volksbankkasselgoettingen/?hl=de

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 Volksbank Kassel Göttingen eG