Raiffeisenbank Schwaben Mitte

What Raiffeisenbank Schwaben Mitte does

Raiffeisenbank Schwaben Mitte eG is a regional cooperative bank (eingetragene Genossenschaft) headquartered in Krumbach, Bavaria, serving retail (Privatkunden), business (Firmenkunden), and member (Mitglieder) customers in the Schwaben Mitte region of Germany. The bank was founded in 2017 and employs 101-250 staff, operating under BaFin supervision with deposit protection through BVR Institutssicherung GmbH. Its product suite spans giro and basic accounts (Girokonto, Basiskonto), youth accounts (VR-MeinKonto), the GoldCard credit card, savings and wealth-building products (JuniorDepot via Union Investment), insurance distribution (Allianz, R+V, VKB), consumer credit (easyCredit via TeamBank), building society products (Bausparkasse Schwäbisch Hall), business banking (Geschäftskonto, Betriebsmittelkredit), securities (GENO Broker), and company pensions (Direktversicherung).

The bank operates on the Atruvia core banking platform shared across the Genossenschaftliche Finanzgruppe cooperative network, delivering services through the VR Banking App, an OnlineBanking portal, and physical branches. Notable technology integrations include the Wero European instant payment solution (European Payments Initiative) for IBAN-less, real-time account-to-account transfers (with Wero-PRO for small businesses), Gini GmbH's AI for invoice scanning (Photo Transfer), Snapview (BSI) video consultation with electronic signature, IDNow video-based identity verification, and the next-generation BankingManager replacing legacy VR-NetWorld Software, Profi cash, and GENO cash. Compliance coverage spans GDPR/DSGVO, PSD2 (with XS2A), BFSG/WCAG accessibility (effective March 2026), SFDR sustainability disclosures, FATCA, CRS, and BaFin banking supervision.

Revenue is generated across multiple streams typical of German cooperative banks: net interest income from lending (mortgages, consumer credit, Betriebsmittelkredit), fee and commission income from payment services (cards, accounts, transactions), distribution commissions from insurance and investment fund partners, securities trading fees, and member subscription/share fees. Pricing is not publicly disclosed and is communicated via Preisaushang PDFs and individual consultations. Go-to-market is sales-led and relationship-driven, combining in-person branch advisory with digital self-service channels and video consultation, while partnership-driven product distribution (Union Investment, Allianz, R+V, TeamBank, Bausparkasse Schwäbisch Hall, GENO Broker) extends reach beyond the bank's own balance sheet.

Name

Raiffeisenbank Schwaben Mitte

Legal name

Raiffeisenbank Schwaben Mitte eG

Website

https://rb-schwaben.de

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

101–250 employees

Short description

Raiffeisenbank Schwaben Mitte eG is a Bavarian regional cooperative bank headquartered in Krumbach, Germany, serving retail and small-business customers in the Schwaben region with giro accounts, credit cards, lending, investment, insurance, and digital banking via the VR Banking App and cooperative network partnerships.

Ownership category

akta.pro rank

Product category

Retail and Cooperative Banking

NAICS

Commercial Banking (522110), Credit Card Issuing (52221)

SIC

National Commercial Banks (6021)

akta.pro primary industry

Multi-Currency Accounts, Wallets & FX Management (Consumer/SME) (FSAGAKAF)

akta.pro secondary industries

Corporate Cards & Expense Solutions (T&E, purchasing, fleet) (FSABAIAG), Direct Lending — Specialty Finance (Consumer/SME Lending Platforms) (FSAHAJAF)

Keywords

• Retail banking
• Commercial banking
• Cooperative banking
• Mortgage lending
• Consumer credit

Headquarters

HQ city

Krumbach

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Banking Services: Core banking services including giro accounts, credit cards, and payment services for retail and business customers
2. Credit & Financing: Mortgages, personal loans, business loans, and operating credit facilities
3. Investment Products: Investment funds through Union Investment partnership, securities trading, and wealth management services
4. Insurance Products: Insurance products through partnerships with Allianz, R+V Versicherung, and VKB Versicherungskammer Bayern
5. Membership Fees: As a cooperative bank (eingetragene Genossenschaft), members pay membership fees and share in the bank's success

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Raiffeisenbank Schwaben Mitte eG is a regional cooperative bank offering retail and commercial banking products and services. Core offerings include current accounts (Basiskonto, VR-MeinKonto youth account, Geschäftskonto business account), credit cards (GoldCard), lending products (Betriebsmittelkredit working capital credit, easyCredit consumer loans via TeamBank, mortgages via Bausparkasse Schwäbisch Hall), savings and investments (JuniorDepot children's savings via Union Investment, securities via GENO Broker), insurance products (Versicherungs-Check, Direktversicherung via R+V and Allianz), and digital banking channels (OnlineBanking portal, VR Banking App, BankingManager payment software, Wero instant payments).

Product overview

Raiffeisenbank Schwaben Mitte eG is a cooperative bank (eingetragene Genossenschaft) headquartered in Krumbach, Germany, offering a comprehensive portfolio of retail and commercial banking products and digital services. The product suite spans core banking categories: accounts and payments (Girokonto/Basiskonto, VR-MeinKonto youth account, Geschäftskonto), card products (GoldCard credit card), lending (Betriebsmittelkredit, easyCredit via TeamBank), savings and investment (JuniorDepot via Union Investment), insurance (Versicherungs-Check, Direktversicherung), and digital banking platforms (OnlineBanking portal, VR Banking App). The bank integrates third-party platforms including Wero for European instant payments, Snapview for video consultation, Gini GmbH for AI-powered invoice scanning, and Google Maps/SmartMaps for branch and ATM locator services. The BankingManager represents the next-generation payment transaction software replacing legacy systems (VR-NetWorld Software, Profi cash, GENO cash).

Differentiator

Problem solved

Functional benefit

Products and services

• GoldCard credit card Premium credit card offering worldwide payment acceptance and cash withdrawals at ATMs, bundled with a comprehensive travel and purchase protection insurance package for retail customers.
• JuniorDepot im UnionDepot Children's investment savings account opened in the child's name, allowing parents to build wealth for their child through regular savings plans with Union Investment funds; includes a promotional starting capital offer.
• VR-MeinKonto youth account Youth current account product designed to support financial independence for adolescents and young adults, available from €0.00 monthly.
• Geschäftskonto business current account Business current account for commercial customers (Firmenkunden) to manage payment transactions simply and efficiently.
• Betriebsmittelkredit working capital credit Working capital credit facility enabling business customers to finance goods, inventories and raw materials, take advantage of cash discounts, and maintain liquidity.
• Versicherungs-Check insurance review Free insurance review service for cooperative members that evaluates insurance needs as life circumstances change, with premium advantages and cashback opportunities through partner R+V Versicherung.
• BankingManager payment transaction software Modern payment transaction software for business customers to optimize banking operations; next-generation replacement for VR-NetWorld Software, Profi cash, and GENO cash.
• OnlineBanking portal Online banking portal for retail customers to manage accounts, payments, and financial services digitally via the Atruvia cooperative banking platform.
• VR Banking App Mobile banking application for iOS and Android enabling customers to manage finances on the go, make mobile payments, send money via Wero, and access banking services.
• Basiskonto basic checking account Basic checking account allowing wire transfers, cash deposits and withdrawals, and access to OnlineBanking services.
• easyCredit consumer loan Instant consumer credit product (Sofortkredit) distributed through partner TeamBank, providing customers with immediate liquidity for personal financing needs.
• Direktversicherung company pension scheme Company pension scheme offered as a workplace benefit, enabling employers to provide company-funded retirement insurance to their employees via R+V Versicherung.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability2 records

Feature6 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• AtruviacoreTechnology or IntegrationPrimary technology service provider for the cooperative banking network (Genossenschaftliche Finanzgruppe). Atruvia provides the core banking platform, online banking infrastructure, and website technology powering Raiffeisenbank Schwaben Mitte's digital services.
• Gini GmbHcoreTechnology or IntegrationAI-powered invoice scanning and data extraction technology. Used for photo transfer feature (Fotoüberweisung) in the VR Banking App and invoice upload function in OnlineBanking to extract payment data from photographed documents.
• Snapview (BSI Business Systems Integration Deutschland GmbH)coreTechnology or IntegrationProvides online consultation and video banking services with electronic signature capability for remote advisory meetings. Enables the bank to offer digital consultation without requiring physical branch visits.
• AllianzminorChannel Partner/ Reseller/ DistributorInsurance partner for general insurance products. Customers can access insurance products and manage policies through the bank's platform.
• R+V VersicherungminorChannel Partner/ Reseller/ DistributorInsurance partner offering insurance products through the bank's distribution channels. Customers can access R+V insurance products and manage policies.
• Union InvestmentcoreChannel Partner/ Reseller/ DistributorInvestment fund partner providing investment products including the JuniorDepot for children's savings, various investment funds, and securities trading services. Supports the bank's wealth management and savings offerings.
• TeamBank (easyCredit)minorChannel Partner/ Reseller/ DistributorConsumer credit partner providing instant credit (Sofortkredit) products. easyCredit is distributed through the bank's platform.
• Bausparkasse Schwäbisch HallminorChannel Partner/ Reseller/ DistributorBuilding society partner for home savings and construction financing products.
• VKB – Versicherungskammer BayernminorChannel Partner/ Reseller/ DistributorRegional insurance partner for insurance products through the Versicherungskammer Bayern group.
• GENO BrokerminorChannel Partner/ Reseller/ DistributorBroker services partner for securities and investment products distribution.
• BVR (Bundesverband der Deutschen Volksbanken und Raiffeisenbanken)coreStrategic or Co-development PartnerUmbrella organization for the German cooperative banking network. Provides shared services, standards, deposit protection (BVR Institutssicherung GmbH), and regulatory guidance for all Raiffeisenbank and Volksbank institutions.

Scale indicators1 record

Recent moves6 records

Expansion highlights6 records

Emerging players

• ING-DiBa AG: Germany's largest direct bank with a digital-first retail proposition, competing directly with Raiffeisenbank Schwaben Mitte for giro accounts, savings, brokerage, and consumer credit.

Broad incumbents

• DZ BANK AG: Central institution of the German cooperative banking network (Genossenschaftliche Finanzgruppe); provides wholesale funding, product platforms, and infrastructure to all Volksbanken/Raiffeisenbanken including Raiffeisenbank Schwaben Mitte.
• Deutsche Bank AG: Germany's largest universal bank offering retail (Deutsche Bank / Postbank), SME, and corporate banking; competes with Raiffeisenbank Schwaben Mitte for higher-end retail and SME relationships in Bavaria.
• Bayerische Landesbank: Bavarian state-owned Landesbank offering retail via DKB and corporate/SME banking across Bavaria; a much larger incumbent with overlapping geographic footprint and broader product portfolio.
• Commerzbank AG: Major German universal bank with significant retail and SME presence, including a strong Mittelstand franchise that overlaps with the cooperative banks' business customer segment.

Direct peers

• Kreissparkasse Augsburg: Regional savings bank (Sparkasse) operating in the same Swabian catchment area as Raiffeisenbank Schwaben Mitte, offering near-identical retail and SME banking products under the public-law Sparkassen model.
• Volksbank Raiffeisenbank Bayern Mitte eG: Cooperative bank headquartered in Ingolstadt serving retail, business and agricultural customers across central Bavaria; directly comparable in scale, governance structure, and product offering.
• Sparkasse Schwaben-Bodensee: Savings institution serving Swabia and the Lake Constance region of Bavaria, competing head-to-head with the cooperative banks for retail and SME deposits and lending in adjacent geographies.
• VR-Bank Augsburg-Ostallgäu eG: Regional cooperative bank serving retail and SME customers in the Augsburg and Allgäu areas of Bavarian Swabia, operating the same Raiffeisenbank/Volksbank model with BVR membership and similar product set.

Regional players

• Stadtsparkasse München: Large municipal savings bank in Munich offering the full Sparkassen product range to retail and SME customers; comparable business model but operates primarily in the urban Munich catchment rather than rural Swabia.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Raiffeisenbank Schwaben Mitte