Volksbank Allgäu-Oberschwaben

What Volksbank Allgäu-Oberschwaben does

Volksbank Allgäu-Oberschwaben eG is a German cooperative bank (eingetragene Genossenschaft) headquartered in and serving the Allgäu-Oberschwaben region of southern Germany. The bank operates under a member-owned structure in which customers become co-owners and receive an annual dividend on their cooperative shares — 4.0% approved for fiscal year 2025 by the Vertreterversammlung. It is part of the broader Volksbanken Raiffeisenbanken cooperative network (Genossenschaftliche FinanzGruppe), which provides access to capital markets, investment, insurance, and real estate financing products through central partners including DZ BANK, R+V Versicherung, Union Investment, TeamBank (easyCredit), Bausparkasse Schwäbisch Hall, and DZ HYP.

The bank serves four primary customer segments: Privatkunden (retail — checking accounts, savings, mortgages, personal loans), Firmenkunden (SMEs — business accounts, commercial loans up to EUR 100,000, international payments, company pensions via R+V, and business succession advisory), Junge Kunden (students and young professionals), and Private Banking clients (wealth management via Union Investment and DZ PRIVATBANK). Its core product portfolio spans Girokonto, debit and credit cards (Mastercard including GoldCard), VR Banking App for mobile banking on Android and iOS, easyCredit consumer loans, VBAO-AnlageGeld fixed-term deposits, Bausparen building savings, Depot securities accounts, and insurance products.

The technology stack centers on a digital banking platform comprising the OnlineBanking web portal and the VR Banking App, secured by the VR SecureGo plus mobile TAN authentication procedure. Remote customer support is delivered via FastViewer with 256-bit AES encryption. Distribution combines a multi-branch physical network across the region with self-service digital channels, WhatsApp customer service, and the cooperative network for cross-sell of third-party partner products. Marketing is primarily through the corporate website and app store presence, with no disclosed paid acquisition spend.

Name

Volksbank Allgäu-Oberschwaben

Legal name

Volksbank Allgäu-Oberschwaben eG

Website

https://volksbank-allgaeu-oberschwaben.de

Company type

Private

Founded year

1862

Operating status

Operating

Headcount range

101–250 employees

Short description

Volksbank Allgäu-Oberschwaben eG is a member-owned German cooperative bank serving retail, SME, and private banking customers in the Allgäu-Oberschwaben region via branches, OnlineBanking, and the VR Banking App, distributing cooperative-network partners' products.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Depository Credit Intermediation (5221), Finance and Insurance (52)

SIC

Savings Institution, Federally Chartered (6035), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

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

akta.pro secondary industry

Payments Operations (ACH/Wire/RTGS, SWIFT, SEPA, Checks) (FSABALAB)

Keywords

• Cooperative banking services
• Retail banking
• Business banking
• Savings and loans
• Wealth management

Headquarters

HQ city

Leutkirch Im Allgäu

HQ country

Germany

HQ region

Europe

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: Traditional banking revenue from lending activities, including mortgages, consumer loans, and business financing
2. Account and Transaction Fees: Monthly account maintenance fees, transaction fees, and card-related charges
3. Insurance and Investment Products: Commission revenue from partnership products including R+V insurance, Union Investment funds, and TeamBank easyCredit loans

Distribution channels4 records

Marketing channels3 records

Core offering

Volksbank Allgäu-Oberschwaben eG is a regional cooperative bank (Genossenschaftsbank) providing retail and business banking services including current accounts (Girokonto, Geschäftskonto), savings and deposit products (Tagesgeld, Festgeld, VBAO-AnlageGeld, Bausparen), consumer and business credit (easyCredit, Unternehmerkredit, Dispokredit, mortgages), payment cards (Mastercard debit/credit and GoldCard), securities and investment accounts, insurance products (R+V Direktversicherung), and member benefit programs. Services are delivered through a hybrid model combining a physical branch network in the Allgäu-Oberschwaben region with digital channels including the OnlineBanking portal and VR Banking App, supplemented by partner products from the Genossenschaftliche FinanzGruppe.

Product overview

Volksbank Allgäu-Oberschwaben eG is a cooperative bank (Genossenschaftsbank) offering a comprehensive portfolio of retail and business banking products. For private customers, the core offerings include the Girokonto (current account), Debit- and Kreditkarten (Mastercard debit/credit cards including GoldCard), the VR Banking App for mobile banking, easyCredit instant loans (via TeamBank partnership), VBAO-AnlageGeld fixed-term deposits, Bausparen building savings, Tagesgeld/Festgeld savings accounts, and a Depot for securities. For business customers, the bank provides Geschäftskonto business accounts, Unternehmerkredit business loans up to €100,000, Auslandszahlungsverkehr international payment services, and Direktversicherung company pension schemes via R+V. The bank also offers VR SecureGo plus for mobile TAN authentication, membership programs (MeinPlus, VR-MeineReise, VR Entertain), and digital services including OnlineBanking, an apps ecosystem, and various self-service capabilities. The bank operates as part of the larger VR-Bankenverbund (Genossenschaftliche FinanzGruppe) network, partnering with institutions such as DZ BANK, Union Investment, Bausparkasse Schwäbisch Hall, and R+V Versicherung.

Differentiator

Problem solved

Functional benefit

Brands

• VBAO-AnlageGeld: Heimatverbundenes Festgeld (home-connected fixed-term deposit) with attractive interest rates.

Products and services

• Girokonto Current account for everyday banking with multiple account models enabling personal finance management, salary receipt, and payment transactions for private individuals.
• Debit- und Kreditkarten (Mastercard) Debit and credit cards issued by Mastercard for private customers, including the Mastercard GoldCard with travel insurance benefits.
• VR Banking App Mobile banking and payment application for Android and iOS enabling customers to conduct banking transactions and payments via smartphone.
• easyCredit (Sofortkredit) Instant consumer credit product provided in partnership with TeamBank, offering flexible personal loans that can be calculated and contracted online for private customers.
• VBAO-AnlageGeld (Festgeld) Home-linked fixed-term deposit (Festgeld) product offering attractive interest rates for cooperative bank members, reflecting regional commitment.
• Geschäftskonto Business current account for commercial customers (SME) to process payments and manage business finances.
• Unternehmerkredit Business loan available up to 100,000 euros for entrepreneurs and companies for new plans or deferred projects.
• Auslandszahlungsverkehr International payment services for business customers enabling safe and fast processing of payment orders across national borders.
• Direktversicherung Company pension scheme (betriebliche Altersvorsorge) offered in partnership with R+V Versicherung to enable employers to provide employee retirement planning benefits.
• Unternehmensnachfolge (Business Succession Advisory) Consulting service for business succession planning addressing financial and asset-related questions for entrepreneurs and business owners.
• Bausparen Building savings product in partnership with Bausparkasse Schwäbisch Hall for home modernization and purchase, offering savings plans and favorable loans for energy-efficient renovations.
• Tagesgeldkonto Day-to-day savings account with flexible access to funds and competitive interest rates, openable through OnlineBanking for private customers.
• Festgeldkonto Fixed-term deposit account for savings with guaranteed interest rates over a specified period, openable through OnlineBanking for private customers.
• Depot (Securities Account) Securities account for investing in stocks, bonds, and funds, with the UnionDepot option for broader investment services via Union Investment partnership.
• Dispokredit (Overdraft Facility) Overdraft facility on the current account providing flexible short-term financing, configurable through OnlineBanking for private customers.
• VR SecureGo plus Mobile TAN (transaction authentication number) application for secure authentication of online banking transactions.
• MeinPlus (Member Benefits Program) Member benefit program offering exclusive advantages and cashback opportunities for bank members, including R+V insurance cashback programs.

Quantifiable outcome

• 4.0% dividend payout for Geschäftsjahr 2025

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

16 partnerships are on record, tiered minor and core.

• AllianzminorGTM or Marketing PartnerInsurance partner allowing customers to access Allianz insurance products and manage related contracts through the bank.
• GENO BrokerminorGTM or Marketing PartnerPartner broker platform enabling securities trading and investment account management.
• GENO EnergieminorGTM or Marketing PartnerEnergy partner offering electricity and gas products to bank customers.
• R+V VersicherungcoreGTM or Marketing PartnerPrimary insurance partner providing comprehensive insurance products including property, liability, life, and health insurance. The bank offers R+V products including cashback programs for members.
• TeamBank (easyCredit)coreGTM or Marketing PartnerConsumer credit partner providing instant loans (Sofortkredit) marketed through the bank's platform as easyCredit.
• Union InvestmentcoreGTM or Marketing PartnerInvestment partner offering mutual funds and asset management products through the bank's wealth management services.
• VKB – Versicherungskammer BayernminorGTM or Marketing PartnerRegional insurance partner providing insurance products specific to Bavarian customers.
• DZ BANKcoreGTM or Marketing PartnerCentral institution of the cooperative banking network, providing capital markets products, corporate banking services, and research. Bank offers DZ BANK webconferences and issues Mastercard GoldCard with travel rewards.
• DZ PRIVATBANKminorGTM or Marketing PartnerPrivate banking services partner within the cooperative network for high-net-worth client services.
• DZ HYPcoreGTM or Marketing PartnerReal estate financing partner providing commercial and residential mortgage lending products.
• Münchener HypothekenbankminorGTM or Marketing PartnerMortgage banking partner for real estate financing solutions.
• ReisebankminorGTM or Marketing PartnerCurrency exchange and travel banking services partner.
• Bausparkasse Schwäbisch HallcoreGTM or Marketing PartnerBuilding society partner for home savings and mortgage products, offering Bausparen (building savings) products for home modernization and purchase.
• VR Smart FinanzminorGTM or Marketing PartnerFinancial management partner offering SME-focused financial planning and controlling tools.
• MastercardcoreTechnology or IntegrationPayment card network partner providing debit and credit cards including Mastercard GoldCard with travel rewards and insurance benefits.
• Apple PaycoreTechnology or IntegrationMobile payment integration partner enabling contactless payments via iPhone and Apple Watch.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• BW-Bank (Landesbank Baden-Württemberg): Subsidiary of LBBW serving Baden-Württemberg with retail, business, and public-sector banking — a much broader state-backed incumbent competing in the same regional retail and SME banking market with a wider portfolio.
• DZ BANK AG: Central institution of the German cooperative banking network (FinanzGruppe) and a core partner of Volksbank Allgäu-Oberschwaben — provides capital markets products, corporate banking, Mastercard GoldCard, and webconferences; operates broadly across the entire cooperative sector rather than competing directly in retail.

Direct peers

• Volksbank Rhein-Neckar eG: Mid-sized cooperative bank (Genossenschaftsbank) in Baden-Württemberg operating the same member-owned eG model with retail, business, and private banking, sharing the Genossenschaftliche FinanzGruppe partnership network (DZ BANK, R+V, Union Investment).
• Kreissparkasse Ravensburg: Local savings bank serving the Ravensburg district — directly overlapping with Volksbank Allgäu-Oberschwaben's footprint in southern Baden-Württemberg, competing for retail deposits, mortgage lending, and SME banking.
• PSD Bank Karlsruhe-Neustadt eG: Cooperative bank within the PSD Group serving Baden-Württemberg with retail and private banking products — operates the same eG cooperative model with member ownership and dividend distribution.
• Volksbank Stuttgart eG: Major regional cooperative bank also headquartered in Baden-Württemberg, offering the same Girokonto, Bausparen, Union Investment, and R+V insurance product mix under the cooperative Volksbanken Raiffeisenbanken brand.
• Volksbank Mittelhessen eG: Large cooperative bank operating the identical member-owned eG model with retail, business, and private banking, leveraging the same DZ BANK and Union Investment partnership infrastructure — directly comparable operating model and product suite.
• Sparda-Bank Baden-Württemberg eG: Cooperative bank (eG) headquartered in Baden-Württemberg targeting primarily public-sector employees but offering the same cooperative retail banking model, Girokonto, savings, and Genossenschaftliche FinanzGruppe products.
• Volksbank Freiburg eG: Cooperative bank operating in Baden-Württemberg with the same eG member-ownership structure, retail and business banking product suite, and integration into the Volksbanken Raiffeisenbanken network.
• Sparkasse Allgäu: Regional German savings bank (Sparkasse) serving the same Allgäu geographic area with retail, business, and municipal banking — directly competing for the same customer base, deposits, and SME lending relationships as Volksbank Allgäu-Oberschwaben.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

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 Allgäu-Oberschwaben