Sparkasse Mansfeld-Südharz
Sparkasse Mansfeld-Südharz is a German public savings bank headquartered in Lutherstadt Eisleben, serving retail, SME, corporate, and young customers in the Mansfeld-Südharz district with accounts, cards, loans, investments, insurance, and digital banking services.
- Company typePrivate
- Founded1843
- HeadquartersEisleben, Germany
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What Sparkasse Mansfeld-Südharz does
Sparkasse Mansfeld-Südharz is a German public savings bank (Sparkasse) organized as an Anstalt des öffentlichen Rechts (public law institution), headquartered at Markt 2-4 in Lutherstadt Eisleben, Saxony-Anhalt. The bank serves retail consumers, small and medium-sized businesses, corporate clients, young customers, and wealth management clients within the Mansfeld-Südharz district. As a member of the Sparkassen-Finanzgruppe, it operates under the supervision of the European Central Bank and BaFin and participates in the group's institutional deposit protection scheme recognized under EinSiG. The institution is led by CEO Michael Näher, with Annett Görlich as a board member and André Schröder as Chairman of the Supervisory Board.
The bank's product portfolio spans the full retail and commercial banking stack: current accounts in three tiers (Girokonto at €5/month, Girokonto-Komfort at €10/month, and free Giro1 for under-25s), Sparkassen-Card debit cards and Visa/Mastercard credit cards, savings products (Tagesgeld, Termingeld, Sparbrief, VL-Sparen), lending products (Dispositionskredit at 10.68% p.a., S-Privatkredit, S-Autokredit, Sparkassen-Baufinanzierung, KfW-Förderkredite), investment products via DekaBank (DekaBank Depot, ETFs, certificates, JuniorDepot, bevestor), insurance through ÖSA Versicherungen, and real estate services through LBS Immobilien NordOst. The technology stack centers on the Internet-Filiale online banking platform and App Sparkasse mobile application, supplemented by S-pushTAN authentication, Wero instant payments, Multibanking aggregation, Finanzplaner budgeting tool, Kontowecker account alerts, Card Control, S-Invest App, and Chatbot Linda for customer support.
Revenue is generated through a diversified mix of net interest income from lending, recurring account and card fees (€3-€10/month across tiers), transaction fees, DekaBank investment commissions (Depot fees €12.50-€19.50/year), ÖSA insurance commissions, LBS real estate brokerage fees, and PAYBACK-related card-linked engagement. Distribution combines a regional branch network, video advisory service points (including at Edeka-Center Sangerhausen), online and mobile self-service channels, a service hotline, and partner-driven product distribution. The bank was ranked 1st place in the nationwide quality bank test for corporate customer advisory in Sachsen-Anhalt, reflecting strong advisory quality recognition within its regional market.
Sparkasse Mansfeld-Südharz firmographics
Firmographics- Name
- Sparkasse Mansfeld-Südharz
- Legal name
- Sparkasse Mansfeld-Südharz
- Website
- https://sparkasse-msh.de
- Company type
- Private
- Founded year
- 1843
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Sparkasse Mansfeld-Südharz is a German public savings bank headquartered in Lutherstadt Eisleben, serving retail, SME, corporate, and young customers in the Mansfeld-Südharz district with accounts, cards, loans, investments, insurance, and digital banking services.
- Ownership category
- akta.pro rank
Sparkasse Mansfeld-Südharz industry classification
Industry- Product category
- Retail Banking
- NAICS
- Savings Institutions and Other Depository Credit Intermediation (52218), Depository Credit Intermediation (5221), Activities Related to Real Estate (5313)
- SIC
- Savings Institutions, Not Federally Chartered (6036), Mortgage Bankers & Loan Correspondents (6162), Personal Credit Institutions (6141)
- akta.pro primary industry
- Affluent / Mass-Affluent Private Banking (FSABADAC)
Keywords
Where Sparkasse Mansfeld-Südharz is headquartered
LocationHeadquarters
- HQ city
- Eisleben
- HQ country
- Germany
- HQ region
- Europe
Offices2 records
Markets served
Sparkasse Mansfeld-Südharz business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Account and Card Fees: Monthly account maintenance fees for Girokonto models (Girokonto-Komfort: €10/month, Girokonto: €5/month, Giro1: free for eligible customers), credit card fees (Visa Standard: €3/month, Visa Gold: €7.50/month, Mastercard Standard/Gold)
- Interest Income from Lending: Interest revenue from mortgage lending (Baufinanzierung), personal loans (Privatkredit), auto loans (Autokredit), modernization loans, and overdraft facilities (Dispositionskredit at 10.68% p.a.)
- Securities and Investment Products: Commission revenue from Deka investment fund distribution, securities brokerage, and wealth management services. DekaBank Depot fees (€12.50/year electronic, €19.50/year paper)
- Insurance Commission: Commission revenue from insurance product distribution as bound agent for ÖSA Versicherungen and related partners
- Transaction and Service Fees: Fees for various banking services, international transactions, and specialized financial products
- Real Estate Services: Revenue from real estate brokerage and related services through LBS Immobilien partnership
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Girokonto-Komfort: Full-featured account with card and digital banking |
| Subscription | Monthly | Girokonto: Basic account with pay-per-use features |
| Freemium | Monthly | Giro1: Free account for young customers |
| Subscription | Monthly | Visa Standard Credit Card |
| Subscription | Monthly | Visa Gold Credit Card |
| Subscription | Monthly | Mastercard Standard and Gold |
| Subscription | Annual | DekaBank Depot with electronic postbox |
| Subscription | Annual | DekaBank Depot with postal mail |
| Usage-based | Pay-as-you-go | Dispositionskredit (Overdraft facility) |
| One time/ perpetual license | Pay-as-you-go | chipTAN Generator |
| Freemium | Monthly | pushTAN App |
Go-to-market motion1 record
Distribution channels7 records
Marketing channels7 records
Sparkasse Mansfeld-Südharz product offering
Product offeringCore offering
Sparkasse Mansfeld-Südharz is a regional savings bank providing retail and commercial banking products to private customers, businesses, and corporate clients in the Mansfeld-Südharz district of Saxony-Anhalt. Its core offering includes current accounts, debit and credit cards, savings and term-deposit products, mortgage and consumer lending, investment funds (Deka), home savings (LBS), insurance brokerage (ÖSA), securities trading, and real estate services, delivered through a combination of branches, self-service terminals, online banking, and a mobile app.
Product overview
Sparkasse Mansfeld-Südharz is a German public savings bank offering a comprehensive digital banking platform through its Internet-Filiale (online banking platform) and App Sparkasse mobile application. The product portfolio centers on core banking services: Girokonto (current account) with three tiers (Girokonto, Girokonto-Komfort, and free Giro1 for under-25s), paired with Sparkassen-Card debit cards and credit cards (Visa/Mastercard Standard and Gold). The bank provides extensive savings and investment products including Sparen und Anlagen (Tagesgeld, Termingeld with current 2.5% Sommer-Spezial), VL-Sparen with employer and government subsidies, LBS-Bausparen for home ownership, and Deka Investments for securities trading via DekaBank Depot. Lending products include Dispositionskredit (10.68% p.a.), S-Autokredit, S-Privatkredit, and Sparkassen-Baufinanzierung. Insurance is offered through ÖSA Versicherungen. Digital tools include App Sparkasse mobile banking, S-pushTAN authentication, Finanzplaner (digital household budget), Kontowecker (account alerts), Multibanking (multi-bank aggregation), Card Control, and S-Invest App for portfolio management. The bank integrates with PAYBACK, Apple Pay, Google Pay/Mobiles Bezahlen, Wero, PayPal, and offers video consultation services. Chatbot Linda provides AI-powered customer support.
Differentiator
Problem solved
Functional benefit
Products and services
- Girokonto (Current Account Family) Day-to-day payment account for private customers including girocard, Online-Banking access, and standing-order/direct-debit functionality.
- Sparkassen-Card (Debit Card) Debit card linked to the customer's current account for payments and cash withdrawals.
- Credit Cards (Visa/Mastercard Standard/Gold) Charge/credit cards in Standard and Gold variants for private customers seeking additional payment flexibility and travel/insurance benefits.
- Termingeld Sommer-Spezial (Term Deposit) Time-deposit savings product with a fixed term and attractive promotional interest rate for private savers.
- VL-Sparen (Capital-Building Savings)
Quantifiable outcome
- Ranked 1st place in nationwide quality bank test for corporate customer advisory in Sachsen-Anhalt
- +3 more outcomes
Companies that use Sparkasse Mansfeld-Südharz
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles1 record
Sparkasse Mansfeld-Südharz technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration10 records
AI capability1 record
Feature8 records
Sparkasse Mansfeld-Südharz partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- DekaBank Deutsche GirozentralecoreStrategic partnership for investment products and securities services. DekaBank is the securities house of the Sparkassen-Finanzgruppe. Sparkasse distributes Deka investment funds, ETFs, certificates, and manages DekaBank Depot accounts for customers. Partnership provides comprehensive securities trading and wealth management capabilities.
- PAYBACKcoreLoyalty program partnership allowing customers to link their Sparkassen-Card with PAYBACK to earn points on payments. Partnership enhances customer engagement and retention through reward mechanisms.
- ÖSA Versicherungen (Öffentliche Feuerversicherung Sachsen-Anhalt, Öffentliche Lebensversicherung Sachsen-Anhalt)coreBound insurance agent partnership for ÖSA insurance products including property, liability, vehicle, accident, and life insurance. Additional cooperation partners include UKV (health insurance), ÖRAG (legal protection), and ProTect (credit protection).
- LBS Immobilien GmbH NordOstcoreReal estate services partnership operating in representation of LBS Immobilien GmbH NordOst for property brokerage, building savings (LBS-Bausparen), and related real estate financing services in the region.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Sparkasse Mansfeld-Südharz competitors and assessment
Company assessmentEmerging players
- N26 GmbH: Berlin-based German neobank offering mobile-first retail banking, payment cards, and savings products. Targets the same German retail customer segment as Sparkasse Mansfeld-Südharz but with a fully digital, branchless model - the canonical emerging competitor pressuring traditional Sparkassen.
- Solaris SE: Berlin-based European banking-as-a-service platform with a BaFin banking license. Comparable to a German retail bank in the product functionality it offers (accounts, cards, lending, payments via Wero) but operates through API distribution; an EMERGING_PLAYER competing for the same German retail and SME customers via embedded finance.
Regional players
- Sparkasse Leipzig: Regional Sparkasse serving the Leipzig area in Saxony. Directly comparable business model (Girokonto, cards, mortgages, DekaBank investment distribution, ÖSA/regional insurance) and part of the same Sparkassen-Finanzgruppe. Comparable as a same-network peer operating in adjacent geography in eastern Germany.
Direct peers
- Harzsparkasse: Sparkasse serving the Harz district immediately adjacent to Mansfeld-Südharz in Saxony-Anhalt. Closest geographic and size analog: same group affiliation, same east-German rural district profile, similar product set (Girokonto, Baufinanzierung, DekaBank Depot, LBS Bausparen). Best direct peer for revenue and customer scale benchmarking.
- Volksbank BraWo: Volksbank / cooperative bank serving the Braunschweig-Wolfsburg region in Lower Saxony - comparable in scale to a small Sparkasse and operating a similar full-service retail banking model (accounts, mortgages, investment funds, insurance via R+V, real estate brokerage) via the cooperative group affiliation.
- Kreissparkasse Stendal: District savings bank (Kreissparkasse) operating in the Altmark region of Saxony-Anhalt. Same group affiliation, same product suite, and a similar size/footprint profile to Sparkasse Mansfeld-Südharz, making it a tight comparable for unit economics.
- Sparkasse Burgenlandkreis: Another regional Sparkasse operating inside Saxony-Anhalt, sharing the same Sparkassen-Finanzgruppe, products, and regulatory regime. Highly comparable in size, structure, and rural district geography; useful benchmark for branch productivity and per-customer revenue.
- Sparkasse Saalekreis: Sparkasse serving the Saalekreis district in Saxony-Anhalt. Same group, same product set, comparable size and demographic profile. Provides a direct geographic and product benchmark within the same state.
Broad incumbents
- Sparkasse KölnBonn: One of Germany's largest savings banks, serving the Cologne/Bonn metropolitan area. Same Sparkassen-Finanzgruppe affiliation and full product set, but at significantly larger scale and urban density - relevant as a broad-incumbent within the group.
- Stadtsparkasse München: Municipal savings bank serving Munich - one of Germany's largest Sparkassen by balance sheet. Same group affiliation and product architecture, but operating at urban scale and a much broader footprint; useful as a BROAD_INCUMBENT to benchmark best practices and digital feature breadth.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Sparkasse Mansfeld-Südharz compliance and trust
Trust signalCompliance4 records
Sparkasse Mansfeld-Südharz financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sparkasse Mansfeld-Südharz leadership team
Management profileNumber of profiles
Profiles3 records
Sparkasse Mansfeld-Südharz funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sparkasse Mansfeld-Südharz M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sparkasse Mansfeld-Südharz
What does Sparkasse Mansfeld-Südharz do?
Sparkasse Mansfeld-Südharz is a regional savings bank providing retail and commercial banking products to private customers, businesses, and corporate clients in the Mansfeld-Südharz district of Saxony-Anhalt. Its core offering includes current accounts, debit and credit cards, savings and term-deposit products, mortgage and consumer lending, investment funds (Deka), home savings (LBS), insurance brokerage (ÖSA), securities trading, and real estate services, delivered through a combination of branches, self-service terminals, online banking, and a mobile app.
Is Sparkasse Mansfeld-Südharz a public or private company?
Sparkasse Mansfeld-Südharz is a private company. It is classified as state government owned and is currently operating.
When was Sparkasse Mansfeld-Südharz founded?
Sparkasse Mansfeld-Südharz was founded in 1843. It employs 251 to 500 people.
Where is Sparkasse Mansfeld-Südharz based?
Sparkasse Mansfeld-Südharz is headquartered in Eisleben, Germany, in the Europe region.
How does Sparkasse Mansfeld-Südharz make money?
Six revenue lines are on record. Account and Card Fees are the primary driver. The others are interest Income from Lending, securities and Investment Products, insurance Commission, transaction and Service Fees and real Estate Services.
Who are Sparkasse Mansfeld-Südharz's main competitors?
Emerging players on record are N26 GmbH and Solaris SE. Sparkasse Leipzig is listed as a regional player. Direct peers are Harzsparkasse, Volksbank BraWo, Kreissparkasse Stendal, Sparkasse Burgenlandkreis and Sparkasse Saalekreis. Broad incumbents are Sparkasse KölnBonn and Stadtsparkasse München.
Does Sparkasse Mansfeld-Südharz have an API?
No public API is recorded for Sparkasse Mansfeld-Südharz.
What industry is Sparkasse Mansfeld-Südharz in?
Sparkasse Mansfeld-Südharz's product category is Retail Banking. Its primary akta.pro industry code is FSABADAC, Affluent / Mass-Affluent Private Banking. Its NAICS code is 52218 and its SIC code is 6036.