Volksbank Krefeld

What Volksbank Krefeld does

Volksbank Krefeld eG is a German cooperative bank (eingetragene Genossenschaft) headquartered at Dionysiusplatz 23, 47798 Krefeld, founded in 1891 and operating as part of the Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken network. The bank serves retail customers (Privatkunden), business customers (Firmenkunden), and private banking clients in the Krefeld region of North Rhine-Westphalia, distributing products through a hybrid model of physical branches (including locations in Krefeld and Krefeld-Hüls) and digital channels anchored by the VR Banking App and Online-Banking portal. Its customer base is member-owned, with cooperative members participating in governance through the Vertreterversammlung.

The product portfolio spans core banking (Girokonto, Geschäftskonto), Mastercard debit and credit cards including a virtual girocard, lending (easyCredit consumer credit via TeamBank and Unternehmerkredit business loans up to 100,000 EUR), savings and investments (Festgeld, Online-Brokerage via DZ BANK, JuniorDepot via Union Investment), insurance distribution (Direktversicherung via R+V Versicherung), international payments (Auslandszahlungsverkehr), and business succession advisory (Unternehmensnachfolge). The VR Banking App also integrates modern payment features such as Wero mobile payments and meinKrypto cryptocurrency trading, reflecting a digital modernization push. The technology stack is largely sourced from cooperative banking network partners (Atruvia/VR Banking App, DZ BANK, Mastercard), so most technical capabilities are shared rather than proprietary.

Volksbank Krefeld generates revenue through net interest income on loans and deposits, transaction and account fees, and recurring distribution fees from insurance, brokerage, and investment fund partnerships. Specific pricing is not publicly disclosed. The bank is in active merger discussions (Fusionsgespräche) with Volksbank Düsseldorf-Neuss announced in September 2025, with a board appointment effective December 1, 2025 and a reported successful 2025 fiscal year announced at the February 2026 Bilanzpressekonferenz. The Hülser branch is being renovated and relocated to a transitional site at Josef-Heinrichs-Str. 39 effective June 29, 2026, indicating continued investment in physical distribution alongside the digital buildout.

Name

Volksbank Krefeld

Legal name

Volksbank Krefeld eG

Website

https://vbkrefeld.de

Company type

Private

Founded year

1891

Operating status

Operating

Headcount range

251–500 employees

Short description

Volksbank Krefeld eG is a German cooperative bank headquartered in Krefeld serving retail, business, and private banking customers with accounts, lending, payments, investments, and insurance via branches and the VR Banking App. Currently pursuing a merger with Volksbank Düsseldorf-Neuss.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Credit Unions (52213), Depository Credit Intermediation (5221), Credit Card Issuing (52221)

SIC

Finance Services (6199), Personal Credit Institutions (6141), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Account & Balance Services (Operating accounts, statements, eBAM) (FSABAIAD)

akta.pro secondary industries

POS, QR & In-Person Acceptance Infrastructure (Crypto) (FSADAIAI), Invoice, Billing & Subscription Payments (Crypto) (FSADAIAG)

Keywords

• Retail banking services
• Cooperative banking
• Business lending
• Wealth management
• Mobile payments

Headquarters

HQ city

Krefeld

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Banking Services: Traditional cooperative banking services including account management, lending, deposits, and payment services. Revenue generated from interest margins on loans and mortgages, account fees, and payment transaction fees.
2. Credit Products: Consumer credits (easyCredit), business loans (Unternehmerkredit up to 100,000€), and real estate financing generating interest income
3. Investment Products: Online brokerage, securities trading, and investment products through partnerships with DZ BANK and Union Investment
4. Insurance Products: Direct insurance (Direktversicherung) for occupational retirement provision through R+V Versicherung partnership
5. Card Services: Debit and credit card services through Mastercard partnership

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Volksbank Krefeld eG is a cooperative bank offering retail current accounts, savings and investment products, consumer and business lending, debit/credit cards, insurance, and wealth management services. It serves individual retail customers, small-to-medium business clients, and private banking clients through physical branches in Krefeld and a digital banking platform (VR Banking App) with mobile payments (Wero), virtual debit card, and integrated cryptocurrency trading. As a member-owned cooperative (eingetragene Genossenschaft), customers can also become members with voting rights and profit-sharing.

Product overview

Volksbank Krefeld eG operates as a cooperative bank offering a comprehensive digital banking platform through its VR Banking App and Online-Banking portal. The product portfolio includes core banking products (Girokonto, Geschäftskonto), savings and investment products (Festgeld, Online-Brokerage, JuniorDepot), lending solutions (easyCredit, Unternehmerkredit), card products (Debit- und Kreditkarten, Virtuelle girocard), payment services (Wero-Zahlungsverkehr), insurance products (Direktversicherung), and specialized services (Unternehmensnachfolge, Auslandszahlungsverkehr). The bank also offers cryptocurrency trading through meinKrypto integration and is part of the Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken network.

Differentiator

Problem solved

Functional benefit

Brands

• VR Banking App: Mobile banking and payment application allowing users to manage finances, make mobile payments with Wero, and trade cryptocurrencies.
• JuniorDepot im UnionDepot
• meinKrypto

Products and services

• VR Banking App Mobile banking application that enables customers to manage finances, conduct payments, and access digital banking services including Wero payment functionality and cryptocurrency trading (meinKrypto).
• Girokonto (Current Account) Current account product allowing retail customers to manage their daily banking transactions with various account models and fee structures.
• Debit- und Kreditkarten (Mastercard) Mastercard debit and credit cards providing payment capabilities including virtual cards for Apple Pay and other mobile wallet integrations.
• Festgeld (Fixed-term Deposit) Fixed-term deposit product offering savings with guaranteed interest rates without exposure to interest rate fluctuations.
• easyCredit (Instant Consumer Credit) Instant credit product by TeamBank providing immediate financial flexibility with easy calculation and application process for retail customers.
• Online-Brokerage Online securities trading platform allowing customers to buy and sell stocks and financial instruments at the stock exchange.
• Geschäftskonto (Business Checking Account) Business checking account enabling commercial customers to manage payment transactions easily.
• Unternehmerkredit (Business Loan) Business loan product providing financing up to 100,000 EUR for new plans or deferred business projects.
• Auslandszahlungsverkehr (International Payments) Foreign payment services enabling secure and fast international payment transactions across national borders for commercial clients.
• Direktversicherung (Direct Insurance) Direct insurance product allowing employers to offer company pension schemes (betriebliche Altersvorsorge) to employees, distributed in partnership with R+V Versicherung.
• Unternehmensnachfolge (Business Succession Advisory) Business succession advisory service providing competent guidance on financial and asset-related questions for business transitions.
• JuniorDepot im UnionDepot Junior securities depot within UnionDepot designed for long-term savings and investment for children.
• Virtuelle girocard (Virtual Debit Card) Virtual debit card that can be ordered and used as a mobile payment solution, transforming the smartphone into a digital wallet.
• Wero-Zahlungsverkehr (Wero Payment Service) Payment functionality within the VR Banking App enabling mobile payments, money transfers, and digital card usage through the Wero European payment standard.
• Kryptowerte-Handel (meinKrypto) Cryptocurrency trading service integrated into the VR Banking App allowing customers to trade selected cryptocurrencies directly.

Quantifiable outcome

• Successful business year with growth announced at Bilanzpressekonferenz 2026

Named customers2 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

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and major.

• Zoo KrefeldcoreGTM or Marketing Partner · 17 November 2025Volksbank Krefeld has an extended partnership with Zoo Krefeld, supporting important projects at the zoo. The partnership was expanded in November 2025 with first results already visible.
• Volksbank Düsseldorf-NeussmajorStrategic or Co-development Partner · 12 September 2025Fusionsgespräche (merger discussions) announced in September 2025. The fusion would combine both cooperative banks in response to digital transformation, AI adoption, and industry consolidation trends.
• DZ BANKcoreTechnology or IntegrationDZ BANK is the central institution for cooperative banks in Germany. Volksbank Krefeld partners with DZ BANK for webkonferenzen on capital market developments and likely for securities/brokerage services.
• R+V VersicherungcoreChannel Partner/ Reseller/ DistributorPartnership for direct insurance products (Direktversicherung) for occupational retirement provision (bAV). Customers can cancel contracts through R+V Versicherung portal.
• TeamBankcoreChannel Partner/ Reseller/ DistributorTeamBank provides the easyCredit instant credit product offered by Volksbank Krefeld. Contract cancellations handled through TeamBank's portal.
• Union InvestmentcoreChannel Partner/ Reseller/ DistributorUnion Investment partnership provides investment fund products and JuniorDepot offerings. Contract cancellations handled through Union Investment's portal.
• MastercardcoreTechnology or IntegrationPartnership for debit and credit card services. Cards are issued under the Mastercard brand with various security features including 3D Secure authentication.
• Genossenschaftliche FinanzGruppe Volksbanken RaiffeisenbankenmajorStrategic or Co-development PartnerVolksbank Krefeld is part of the cooperative banking network providing shared technology (VR Banking App, Wero), product platforms, and market presence across Germany.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Volksbank Düsseldorf-Neuss: Neighboring German cooperative bank of similar scale in the Düsseldorf-Neuss region, and the announced merger partner of Volksbank Krefeld — directly comparable in cooperative structure, product mix, and customer segments.
• Sparkasse Krefeld: Local savings institution directly serving retail and business customers in the same Krefeld market — competes head-to-head for deposits, mortgages, and SMB banking relationships.
• Sparda-Bank West: Cooperatively organized retail bank serving NRW with similar deposit, checking, and lending products — overlapping member-owner model and target customer base.
• Volksbank im Bergischen Land: Adjacent NRW cooperative bank within the same Genossenschaftliche FinanzGruppe — comparable products, member-owner structure, and digital platform usage via VR Banking App.

Regional players

• Sparkasse Düsseldorf: Regional savings bank operating in the neighboring Düsseldorf market with overlapping SMB and retail customers — useful benchmark for regional savings institutions.

Broad incumbents

• Deutsche Bank AG: Largest German universal bank and broad incumbent — competes with Volksbank Krefeld in Private Banking, SMB lending, and brokerage, providing scale comparison.
• ING-DiBa: Germany's largest direct bank — primary digital-native competitor for retail deposits, payments, and consumer credit in the same customer segment.
• Commerzbank AG: Major German universal bank with strong Mittelstand franchise — competes for SMB financing (Unternehmerkredit segment) and corporate banking relationships in the Krefeld/NRW market.

Emerging players

• N26: Berlin-headquartered neobank and emerging digital challenger — direct competition for younger retail customers and primary-banking relationships that Volksbank Krefeld's meinKrypto and Wero features target.

Others

• DZ BANK AG: Central institution of the Genossenschaftliche FinanzGruppe and Volksbank Krefeld's wholesale/brokerage partner — adjacent ecosystem participant providing wholesale funding and securities infrastructure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/vb_krefeld

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Krefeld