Bezirkssparkasse Reichenau

What Bezirkssparkasse Reichenau does

Bezirkssparkasse Reichenau is a German public-law savings bank (Anstalt des öffentlichen Rechts) headquartered in Reichenau, Baden-Württemberg, operating as a member of the Sparkassen-Finanzgruppe under bank routing code BLZ 69051410 and BIC SOLADES1REN. The institution serves retail and business customers in the Reichenau district — including a planned new branch in Allensbach — through a multi-channel platform combining a physical branch, telephone service (07534 800-0), service chat, the Internet-Filiale (web banking), and the App Sparkasse with S-pushTAN authentication, chipTAN, Geräteerkennung device recognition, Card Control, and multibanking features. Its product suite spans four current-account tiers (GiroOnline at €2.50/month, GiroKompakt at €7.90/month, GiroKlassik, and youth/student variants), savings vehicles (S-GiroPlus, TerminPlus, Zuwachssparen, Sparkassenbrief/Kapitalbrief, SOLIT precious metals depot), lending products (S-Baufinanzierung, S-Privatkredit, Dispositionskredit, KfW-Förderkredite up to €67,500 in subsidies), investment distribution via DekaBank (funds, ETFs, certificates, SmartVermögen, bevestor, JuniorDepot), LBS-Bausparen with state-subsidized Wohn-Riester and vermögenswirksame Leistungen, SV SparkassenVersicherung insurance products, and retirement planning (BasisRente, Betriebliche Altersvorsorge, S-VermögensPolice Invest).

Revenue mechanics combine net interest income on mortgages, consumer loans, and overdrafts; recurring account maintenance fees on giro accounts; transaction fees on cards and payments; and distribution commissions on Deka investment products, LBS Bauspar contracts, and SV insurance policies. Customer acquisition is hybrid: in-person advisory at branches, plus digital self-service via online account opening with video legitimation, with marketing spanning the Internet-Filiale, Facebook, Instagram, and community engagement (170 volunteers from ~100 clubs, over €51,000 in local donations). The bank operates under ECB and BaFin supervision with deposit protection through the Sparkassen-Finanzgruppe's institutional guarantee system (EinSiG) and participates in the Sparkassen-Schlichtungsstelle Baden-Württemberg dispute resolution procedure.

Name

Bezirkssparkasse Reichenau

Legal name

Bezirkssparkasse Reichenau

Website

https://spk-reichenau.de

Company type

Public

Founded year

1892

Operating status

Operating

Headcount range

51–100 employees

Short description

Bezirkssparkasse Reichenau is a German public-law savings bank serving retail and business customers in the Reichenau district of Baden-Württemberg through branch, web, and mobile channels, offering giro accounts, mortgages, savings, Deka investments, LBS Bausparen, SV insurance, and KfW-subsidized loans.

Ownership category

akta.pro rank

Headquarters

HQ city

Reichenau

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: Traditional savings bank revenue from lending: mortgage loans (S-Baufinanzierung), personal loans (S-Privatkredit), construction loans, and overdraft facilities (Dispositionskredit).
2. Account Maintenance Fees: Monthly account fees for giro accounts: GiroOnline (€2.50/month), GiroKompakt (€7.90/month), plus per-transaction fees for basic accounts.
3. Investment Products Distribution: Commissions from distributing Deka investment funds, ETFs, certificates, and insurance products (SV SparkassenVersicherung, S-VermögensPolice Invest, BasisRente).
4. LBS Bausparvertrag: Building society savings contracts (Bausparvertrag) offered through LBS partnership, generating fees from contract opening and loan disbursement phases.
5. Card and Payment Services: Revenue from Sparkassen-Card (debit) and Sparkassen-Kreditkarte (credit) issuance, transaction fees, and Apple Pay/Mobile Payments integration.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Bezirkssparkasse Reichenau is a regional German public-law savings bank providing retail and small-business banking services. Its core offerings include multi-tier current accounts (GiroOnline, GiroKompakt, GiroKlassik, GiroStart, JugendGiro), savings and term deposit products, mortgage and consumer lending, building society contracts via LBS, investment funds distributed through DekaBank, and insurance products distributed via SV SparkassenVersicherung. Customers access these services through physical branches, the Internet-Filiale web portal, the App Sparkasse mobile application, and telephone/chat support, all backed by S-pushTAN and chipTAN security authentication.

Product overview

Bezirkssparkasse Reichenau operates as a regional German Sparkasse (public savings bank) offering a comprehensive banking platform organized around a multi-product architecture. The core platform centers on Girokonto (current account) products available in four tiers (GiroOnline, GiroKompakt, GiroKlassik, GiroStart for youth), supported by Online-Banking via browser and the App Sparkasse mobile app with S-pushTAN authentication. The product suite extends across five main categories: (1) Financing including S-Baufinanzierung, S-Privatkredit, Dispositionskredit, and KfW-Förderkredite programs for climate-friendly housing and renovations; (2) Savings & Investments encompassing S-GiroPlus (day money), TerminPlus, Zuwachssparen, Sparkassenbrief/Kapitalbrief, SOLIT Edelmetalldepot for precious metals, and Deka Investments with funds, ETFs, certificates, and wealth management; (3) Securities trading via Sparkassen-Depot, SmartVermögen digital advisory, and S Broker DepotPlus; (4) LBS-Bausparen building society with state-subsidized variants including Wohn-Riester and vermögenswirksame Leistungen programs; and (5) Retirement planning including Betriebliche Altersvorsorge, BasisRente, S-VermögensPolice Invest, and Risikoversicherung. Insurance products (Wohngebäude, Hausrat, Haftpflicht) are offered through SV SparkassenVersicherung. Digital services include Multibanking for aggregating external bank accounts, Card Control for card management, Geräteerkennung for device-based login simplification, Kontowecker for alerts, Elektronisches Postfach for documents, and payment integrations with Apple Pay, Google Pay, PayPal, and the European Wero standard. The bank maintains physical branch presence in Reichenau and Allensbach.

Differentiator

Problem solved

Functional benefit

Products and services

• Girokonto (GiroOnline, GiroKompakt, GiroKlassik, GiroStart) Multi-tier current account line for retail and young-adult banking customers: GiroOnline (€2.50/month, digital-focused), GiroKompakt (€7.90/month, all transactions included), GiroKlassik (branch-based service), and GiroStart (for young adults 18-27), all bundling a Sparkassen-Card with debit function plus online/App access.
• JugendGiro Checking account for children and teenagers up to age 18, part of the Junge Leute youth customer program and used by parents/guardians to onboard minors into the banking relationship.
• Online-Banking (Internet-Filiale) Web-based online banking portal for account management, transfers, standing orders, electronic postbox, multibanking aggregation, Wero payments, photo-Überweisung, and card control, accessible from desktop with pushTAN or chipTAN authentication.
• App Sparkasse Award-winning mobile banking application for iOS and Android providing account overview, transfers via photo scan or GiroCode, multibanking, Wero instant payments, card control, pushTAN authentication, and Light/Dark mode support, downloadable from the App Store and Google Play under spk_reichenau.
• Sparkassen-Card (Debitkarte with Mastercard debit) Debit card combining Girocard and Mastercard debit functionality, accepted by many merchants worldwide and supporting contactless payments via Apple Pay and Mobiles Bezahlen.
• Sparkassen-Kreditkarte (Mastercard / Visa) Credit card products in Mastercard and Visa variants for travel and online shopping, with monthly billing and an optional S-Reiseschutz travel protection add-on.
• S-Baufinanzierung Mortgage/real estate financing product offering flexible, personalized or digital support for home purchases, from online calculator to signing.
• S-Privatkredit Personal loan product for individual consumer financing needs, marketed alongside overdraft and mortgage products under S-Privatkredit branding.
• KfW-Förderkredite Government-subsidized loans distributed through the Sparkasse covering Klimafreundliche Wohngebäude (297), Energieeffizient sanieren (261), Altersgerecht Umbauen (159), and Heizungsförderung (358/458), with favorable rates and up to €67,500 in Tilgungszuschuss for energy-efficient renovations.
• S-GiroPlus (Tagesgeld) Day money savings account for flexible, on-demand savings access (S-GiroPlus / Tagesgeld).
• TerminPlus Fixed-term deposit savings product with guaranteed interest rates and laddered terms.
• Zuwachssparen Savings product with annually increasing interest rates, starting from €2,500, with guaranteed returns.
• Sparkassenbrief / Sparkassenkapitalbrief Fixed-interest savings bonds issued by the Sparkasse with guaranteed returns and defined maturities.
• SOLIT Edelmetalldepot Tarif S Precious metals depot for investing in physical gold, silver, and platinum through partner SOLIT.
• Deka Investments (DekaBank Depot, Deka-Connect+, Deka-Vermögensverwaltung Premium, JuniorDepot) Investment product suite from partner DekaBank including depot management, digital advisory (Deka-Connect+), premium wealth management (Deka-Vermögensverwaltung Premium), Aktienfonds/Rentenfonds, ETFs, Zertifikate, and JuniorDepot for children, distributed through the Sparkasse.
• Sparkassen-Depot / SmartVermögen / S Broker DepotPlus Securities brokerage offerings including the standard Sparkassen-Depot, digital wealth management SmartVermögen (algorithm-based investment recommendations), and S Broker DepotPlus for active traders.
• bevestor Digital investment advisory service providing automated, algorithm-based investment recommendations to retail customers.
• Frühstart-Rente Early retirement savings product for younger investors enabling them to begin building retirement savings with favorable conditions.
• LBS-Bausparen Building society savings contract offered through the LBS partnership enabling customers to build equity, access government subsidies (Wohnungsbauprämie, vermögenswirksame Leistungen, Wohn-Riester), and finance property at guaranteed low interest rates, with online contract opening via video identification.
• Wohn-Riester State-subsidized retirement savings specifically for real estate, combining LBS-Bausparen with government allowances (up to €175/year basic allowance plus €200-€300 child allowances) and potential tax benefits.
• Vermögenswirksame Leistungen (vL) Employer-provided savings benefits up to €480/year, combinable with LBS-Bausparen and eligible for 9% Arbeitnehmer-Sparzulage and 10% Wohnungsbauprämie.
• Sparkassen-Altersvorsorge (Betriebliche Altersvorsorge, BasisRente, S-VermögensPolice Invest, VorsorgeMix) Retirement planning suite combining company pension schemes (Betriebliche Altersvorsorge), basis pension (BasisRente / Rürup-Rente), S-VermögensPolice Invest (fund-linked pension insurance), and VorsorgeMix.
• Risikoversicherung (Term Life Insurance via SV SparkassenVersicherung)
• Risikoversicherung (Term Life Insurance via SV SparkassenVersicherung) Term life insurance providing financial protection for dependents, with affordable premiums, an optional real-estate bonus for property purchasers, and a lump-sum death benefit.
• Versicherungen (Wohngebäude, Hausrat, Haftpflicht, Berufsunfähigkeit, Risikoleben, Kranken Tagegeld) Insurance products distributed through SV SparkassenVersicherung covering Wohngebäudeversicherung (building), Hausratversicherung (home contents), Haftpflichtversicherung (liability), Berufsunfähigkeitsversicherung (disability), Risikolebensversicherung, and Kranken Tagegeldversicherung (hospital indemnity), including construction-phase coverage.

Quantifiable outcome

• Over 51,000 euros distributed to local community clubs and volunteer organizations

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core.

• DekaBankcoreStrategic or Co-development PartnerThe bank's investment products (Deka ETFs, Aktienfonds, Rentenfonds, Zertifikate, Deka-Vermögensverwaltung Premium, JuniorDepot, Deka-Connect+) are distributed through the DekaBank partnership. Customers can access DekaBank depot services via the Sparkasse's electronic postbox.
• LBS (Bausparkasse der Sparkassen)coreStrategic or Co-development PartnerLBS (Landesbausparkasse) is the Sparkassen group's building society subsidiary. Bezirkssparkasse Reichenau offers LBS-Bausparverträge for home savings, real estate financing, modernization loans, and Anschlussfinanzierung. LBS products include state subsidies (Wohnungsbauprämie, vermögenswirksame Leistungen, Wohn-Riester).
• SV SparkassenVersicherung (SparkassenVersicherung Gebäudeversicherung AG)coreChannel Partner/ Reseller/ DistributorSV SparkassenVersicherung provides insurance products sold through the Sparkasse. Products include Wohngebäudeversicherung, Hausratversicherung, Haftpflichtversicherung, Risikolebensversicherung, Berufsunfähigkeitsversicherung, and Kranken Tagegeldversicherung. SV's address: Löwentorstr. 65, 70376 Stuttgart.
• KfW (Kreditanstalt für Wiederaufbau)coreChannel Partner/ Reseller/ DistributorKfW government development bank offers subsidized loans distributed through the Sparkasse. Programs include Klimafreundliche Wohngebäude (297), Energieeffizient sanieren (261), Altersgerecht Umbauen (159), and Heizungsförderung (358/458). Up to €67,500 in Tilgungszuschuss (repayment subsidies) for energy-efficient renovation.

Scale indicators3 records

Recent moves1 record

Expansion highlights4 records

Broad incumbents

• Deutsche Bank: Germany's largest universal bank with retail, commercial, and investment-banking franchises. Competes with the Sparkasse for retail deposits, mortgages, and investment products on a national basis including in Baden-Württemberg.
• BW-Bank: The retail arm of Landesbank Baden-Württemberg and state bank of Baden-Württemberg. Operates a broader branch and corporate-banking footprint across the same state, with overlapping retail products (Girokonto, mortgage, Deka investments, SV insurance) — a larger incumbent competing for the same regional customers and corporate clients.
• Commerzbank: Major German universal bank with nationwide retail and SME banking. Competes across the same retail product spectrum — checking, savings, mortgages, and investment products — even where the Sparkasse operates.

Emerging players

• DKB (Deutsche Kreditbank): One of Germany's largest direct banks with public-sector heritage (Deutsche Bahn subsidiary). Competes directly for retail checking, savings, and mortgage relationships via digital channels — a meaningful challenger in the same primary-banking category.
• N26: Berlin-based pan-European neobank with strong brand recognition among younger German retail customers. Increasingly competes for the primary-banking relationship — the same deposit and account-services wallet the Sparkasse relies on — through mobile-first positioning.
• ING Deutschland: Germany's largest direct bank (formerly ING-DiBa). Targets the same retail deposit and primary-banking relationship with a digital-first proposition, an emerging competitor focused on DACH retail customers that increasingly overlap with Sparkasse demographics.

Regional players

• Volksbank Konstanz: Cooperative-bank equivalent serving the same Konstanz/Lake Constance geography. Operates as a regional full-service retail bank with similar Girokonto, lending, and investment offerings — comparable business model but under the cooperative (genossenschaftlich) rather than public-law (öffentlich-rechtlich) framework.

Direct peers

• Sparkasse Hochrhein: A Sparkasse serving the Hochrhein area of Baden-Württemberg, comparable in structure as a small/mid-size regional public savings bank under the same Sparkassen-Finanzgruppe umbrella with shared product and technology infrastructure.
• Sparkasse Bodensee: Another district Sparkasse in the immediate Lake Constance region of Baden-Württemberg, offering the same Sparkassen standardized retail banking, savings, and lending products to a comparable retail customer base.
• Sparkasse Hegau-Bodensee: A regional Sparkasse also serving the Lake Constance / Hegau area of Baden-Württemberg with the same institutional Sparkassen-Finanzgruppe backing and identical product set (Girokonto, S-Baufinanzierung, Deka Investments, SV insurance) — direct head-to-head peer within the same state.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/bezirkssparkassereichenau
• Instagraminstagram.com/bezirkssparkasse_reichenau

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Bezirkssparkasse Reichenau