Raiffeisenbank Wangen

What Raiffeisenbank Wangen does

Raiffeisenbank Wangen eG is a German cooperative bank (eingetragene Genossenschaft) founded in 1897 and headquartered at Hauptstrasse 44, 73117 Wangen, Baden-Württemberg. It serves private customers and small-to-medium businesses in the Wangen region with a full retail and corporate banking product set: current accounts (Girokonto, Geschaeftskonto), Mastercard-branded debit and credit cards including virtual cards for Apple Pay, the easyCredit instant loan product distributed in partnership with TeamBank, Fondssparplan fund savings plans starting from 25 EUR per month via Union Investment, business loans up to 100,000 EUR (Unternehmerkredit), business succession advisory (Unternehmensnachfolge), and insurance products including company pensions and professional liability cover via R+V Versicherung.

The bank's operating technology is a standard German cooperative banking platform, with customer-facing digital channels consisting of the Online-Banking web portal, the VR Banking App for mobile banking and payments, and the Online-Geschaeftsstelle digital branch for online product applications and service requests. Card issuance is handled through Mastercard partnerships, and image and content assets are served via the Atruvia cooperative platform. The bank employs 11–50 people, operates from a single regional headquarters in Wangen, and is part of the broader Genossenschaftliche FinanzGruppe cooperative financial network.

Its revenue model is that of a traditional retail cooperative bank: net interest income on loans and deposits, transaction and account fees on retail and business banking products, and commission income from distributing partner-manufactured investment funds (Union Investment), insurance (R+V), and consumer credit (TeamBank/easyCredit). Pricing for individual products is not publicly disclosed and is determined through in-branch consultation. The cooperative ownership model means customers can become members with voting rights (Mitbestimmen), information rights (Mitwissen), and profit-sharing (Mitverdienen), but no equity shareholders, venture capital, or external parent ownership is indicated.

Name

Raiffeisenbank Wangen

Legal name

Raiffeisenbank Wangen eG

Website

https://raiffeisenbank-wangen.de

Company type

Private

Founded year

1897

Operating status

Operating

Headcount range

11–50 employees

Short description

Raiffeisenbank Wangen eG is a German cooperative bank founded in 1897, serving private and small-business customers in the Wangen area of Baden-Württemberg with retail and corporate banking products distributed through a single regional branch plus digital channels and cooperative network partners.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Commercial Banking (522110), Commercial Banking (52211)

SIC

National Commercial Banks (6021)

akta.pro primary industry

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)

akta.pro secondary industry

Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI)

Keywords

• Retail banking services
• Cooperative banking
• Business lending
• Payment card services
• Savings and investments

Headquarters

HQ city

Wangen An Der Aare

HQ country

Switzerland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Distribution channels3 records

Marketing channels3 records

Core offering

Raiffeisenbank Wangen eG is a cooperative bank providing retail and small-business banking services to private and corporate customers in the Wangen region. Its product portfolio includes current accounts, debit and credit cards, consumer and business loans, fund savings plans, retirement and insurance solutions, and business succession advisory. Customers access services through the branch, Online-Banking portal, VR Banking App, and the Online-Geschäftsstelle digital branch.

Product overview

Raiffeisenbank Wangen eG operates as a cooperative bank offering a comprehensive portfolio of retail and corporate banking products. The core digital infrastructure consists of the Online-Geschäftsstelle (online branch platform) and VR Banking App (mobile application), which serve as the primary channels for accessing account services. Retail offerings include Girokonto (current account), debit and credit cards via Mastercard, easyCredit instant loans (partner: TeamBank), Fondssparplan (fund savings plans), and cooperative membership. Corporate banking products include Unternehmerkredit (business loans up to 100,000 euros), Geschäftskonto (business accounts), Unternehmensnachfolge (succession advisory), Direktversicherung (company pension schemes), and Berufshaftpflicht-Versicherung (professional liability insurance). The bank also provides access to R+V Versicherung and Union Investment through partnership arrangements.

Differentiator

Problem solved

Functional benefit

Products and services

• Online-Geschäftsstelle A digital branch platform enabling customers to complete banking transactions and submit service requests online at any time.
• Girokonto Current account product providing private customers with full control over their finances, with access via the VR Banking App and Online-Geschäftsstelle.
• VR Banking App Mobile banking and payment application allowing users to manage their finances and make payments directly from their smartphone.
• Debit- und Kreditkarten Debit and credit card products powered by Mastercard, providing card-based payment solutions including virtual cards for Apple Pay.
• easyCredit Instant consumer credit product offered in partnership with TeamBank, providing immediate financial flexibility with instant approval and calculation.
• Fondssparplan Fund savings plan allowing customers to build wealth gradually starting from 25 euros per month, distributed through Union Investment.
• Mitgliedschaft Cooperative membership offering customers participation rights (Mitwissen), voting rights (Mitbestimmen), and profit-sharing (Mitverdienen).
• Unternehmerkredit Business loan product providing financing up to 100,000 euros for new plans or deferred business ventures of SMEs.
• Geschäftskonto Business account for corporate customers to handle payment transactions simply and efficiently.
• Unternehmensnachfolge Advisory service for business succession covering financial and wealth-related questions for SMEs.
• Direktversicherung Company pension scheme (betriebliche Altersvorsorge) offering employees occupational retirement benefits, distributed through R+V Versicherung.
• Berufshaftpflicht-Versicherung Comprehensive professional liability protection for businesses against the financial consequences of errors or accidents in operations, distributed through R+V Versicherung.
• Genossenschaftliche Beratung Cooperative advisory approach in which the bank first listens to customers before providing financial consultation, particularly for business customers.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered minor and core.

• R+V VersicherungminorOthersR+V Versicherung is a partner for insurance products. Customers can access R+V insurance products and manage their insurance contracts through the bank's partnership.
• TeamBank (easyCredit)coreOthersTeamBank provides the easyCredit instant loan product through Raiffeisenbank Wangen. The bank offers this consumer credit product with financial flexibility to its customers as part of its lending portfolio.
• Union InvestmentcoreOthersUnion Investment is a partner for investment fund products. The bank offers Union Investment funds including Fondssparplan (fund savings plans) starting from 25 EUR per month as part of its investment offering.
• MastercardcoreTechnology or IntegrationRaiffeisenbank Wangen issues Mastercard-branded debit and credit cards. The bank offers virtual Mastercard/Visa Debit cards for Apple Pay integration, enabling customers to make contactless payments.

Recent moves6 records

Expansion highlights4 records

Direct peers

• Kreissparkasse Göppingen: Another savings bank competing in Wangen's micro-geography, providing the same retail and SME financial services (accounts, loans, insurance, investments) to overlapping local households and businesses.
• Sparda-Bank Baden-Württemberg: Sparda-Bank BW is a cooperatively organized bank serving the same Baden-Württemberg geography with similar retail and member-oriented banking products, directly competing for the same Privatkunden segments in the region.
• PSD Bank RheinNeckarSaar eG: PSD Bank is a German cooperative retail bank with a similar product portfolio (checking accounts, savings, consumer credit, fund savings plans) and member-driven structure, serving comparable Privatkunden in southwestern Germany.
• Sparkasse Göppingen: Sparkasse Göppingen is the public-law savings bank serving Wangen's immediate geography (73117 Wangen is in the Göppingen district), offering the same retail and SME banking products to overlapping local customers — its most direct head-to-head competitor.
• VR-Bank Alb-Blau-Donau eG: A neighboring cooperative bank in Baden-Württemberg operating under the same Genossenschaftliche FinanzGruppe umbrella, offering a comparable retail/SME product mix (accounts, easyCredit, Union Investment funds, R+V insurance) to overlapping regional customer segments.
• Volksbank Stuttgart eG: Volksbank Stuttgart is another German cooperative bank (Volksbank/Genossenschaftsbank) in Baden-Württemberg offering nearly identical retail and SME products — Girokonto, business accounts, loans, investment funds, and member ownership — making it the closest analog to Raiffeisenbank Wangen within the cooperative banking system.

Broad incumbents

• ING-DiBa (ING Germany): Germany's largest direct bank with a broad retail and SME product set (Girokonto, consumer credit, investment products) — a much larger, national-scale incumbent competing for the same retail and micro-business customers in Wangen via digital channels.
• DKB (Deutsche Kreditbank): DKB is one of Germany's largest direct banks offering retail and SME banking (Girokonto, loans, cards, investments) as part of the BayernLB group, competing nationally for the same customer segments through digital channels.
• Commerzbank AG: Commerzbank is a major German universal bank offering retail, SME, and corporate banking — including business accounts and loans — competing for larger SME clients in Wangen's trade area with significantly broader product depth.

Regional players

• MLP Banking AG: MLP is a German financial services and banking group headquartered in the broader Baden-Württemberg region (Heilbronn area), offering retail and SME banking, financing, and insurance — overlapping with Raiffeisenbank Wangen's customer base in southwestern Germany.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 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 Raiffeisenbank Wangen