Volksbank im Bergischen Land eG

What Volksbank im Bergischen Land eG does

Volksbank im Bergischen Land eG is a regional cooperative bank (eingetragene Genossenschaft) headquartered in the Bergisches Land region of North Rhine-Westphalia, Germany, serving customers in and around Solingen and Wuppertal. Operated under a member-owned cooperative model, the bank is part of the nationwide Volksbanken Raiffeisenbanken federation and provides retail, corporate (Mittelstand and self-employed professionals), private banking, real estate, and youth-segment banking services. Its customer base is geographically anchored to the Bergisches Land micro-region, with advisory delivered through a physical branch network and digital channels.

The product portfolio spans current accounts (VR-Flex-Konto), savings products (Festgeld, Kündigungsgeld, Wachstumssparen, Sparbrief, Gewinnsparen), corporate banking (Geschäftskonto, BusinessCard Direct, Firmenfestgeld, Auslandszahlungsverkehr, financing, Vorsorge & Versicherung), and real estate services (Baufinanzierung, Immobilienvermittlung). Digital channels include the VR Banking App, online banking, and MeinInvest digital investment, with Wero integration for instant payments. The bank distributes partner products from DZ BANK, TeamBank/easyCredit, Union Investment, and R+V Versicherung, leveraging the cooperative federation's shared product infrastructure rather than building proprietary technology.

Revenue is generated primarily through net interest income on loans and deposits, fee and commission income on banking and brokerage services, and referral commissions from partner product distribution. The cooperative governance model prioritises member value and reinvestment in regional economic activity over profit maximisation, with surplus supporting member services, local lending, and community engagement. Operating leverage is achieved through the federation's shared IT, payments, and back-office infrastructure, allowing the bank to extend its product surface without proportionate fixed-cost growth.

Name

Volksbank im Bergischen Land eG

Legal name

Volksbank im Bergischen Land eG

Website

https://bergische-volksbank.de

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

Volksbank im Bergischen Land eG is a regional German cooperative bank serving retail, SME, private banking, and real estate customers in the Solingen-Wuppertal area of North Rhine-Westphalia, distributing partner products and operating digital channels via the VR Banking App and MeinInvest.

Ownership category

akta.pro rank

Product category

Cooperative Retail and Commercial Banking

NAICS

Savings Institutions and Other Depository Credit Intermediation (52218), Depository Credit Intermediation (5221), Credit Unions (522130)

SIC

Savings Institutions, Not Federally Chartered (6036), Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Agricultural & Rural Cooperatives (Farm Credit/Co-op Banks) (FSABAEAG)

Keywords

• Cooperative retail banking
• Corporate banking services
• Private wealth management
• Mortgage and real estate
• Savings and deposits

Headquarters

HQ city

Solingen

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: Traditional banking interest income from loans, mortgages, and credit facilities extended to retail and corporate customers
2. Deposit Interest Spread: Interest spread earned on customer deposits including savings accounts, fixed deposits, and term deposits
3. Transaction and Account Fees: Fees from account management, wire transfers, card transactions, and other banking service charges
4. Investment Products Distribution: Commission revenue from distribution of third-party investment products including DZ BANK investment certificates, Union Investment funds, and other financial instruments
5. Insurance Products Distribution: Commission income from insurance product distribution partnerships including R+V Versicherung
6. Credit Products Distribution: Revenue from credit products including easyCredit installment loans from TeamBank partner
7. Private Banking Services: Advisory and wealth management services for high-net-worth individuals with focus on Vermehren (growth), Bewahren (preservation), Versichern (insurance), and Vererben (inheritance)
8. Real Estate Services: Revenue from real estate buying, selling, and financing services including commission from property transactions and mortgage brokerage

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Volksbank im Bergischen Land eG is a German cooperative bank (eingetragene Genossenschaft) providing retail banking, corporate banking, and private banking services to private customers, businesses, and high-net-worth individuals in the Bergisches Land region. The bank offers current and savings accounts, fixed-term deposits, mortgages, construction financing, business lending, payment services, investment products, insurance distribution, and real estate brokerage, supported by an OnlineBanking portal and the VR Banking App. As a member-owned cooperative, it operates on a not-for-profit basis with profits reinvested into the bank and community.

Product overview

Volksbank im Bergischen Land eG is a German cooperative bank (Genossenschaftsbank) offering a unified banking platform for retail, business, and high-net-worth customers. The product portfolio spans personal banking (VR-Flex-Konto, savings products including Festgeld, Wachstumssparen, and Sparbrief), digital services (MeinInvest investment assistant, Wero instant payments, OnlineBanking/VR Banking App), corporate banking (BusinessCard Direct, Geschäftskonto, Firmenfestgeld, Finanzierung, Elevator Pitch advisory), real estate services (Immobilienvermittlung, Baufinanzierung, Finanzierungsbestätigung), private banking (Vermehren-Bewahren-Versichern-Vererben philosophy), and insurance partnerships (R+V Versicherung). All retail and business products are accessible through the OnlineBanking portal, with supplementary digital tools and partner integrations for lending (TeamBank/easyCredit) and investments (Union Investment, DZ BANK).

Differentiator

Problem solved

Functional benefit

Products and services

• VR-Flex-Konto A flexible checking/savings account offering variable interest rates for both retail and commercial customers, with tiered interest based on deposit amounts.
• Festgeld (Term Deposit) Time deposit product with terms ranging from 1 to 12 months, maximum deposit of 25,000 EUR, with interest rates increasing for longer terms (0.05% to 0.25% p.a.).
• Kündigungsgeld Callable deposit product requiring 35-day notice period, offering 1.00% p.a. interest for deposits starting at 25,000 EUR.
• Wachstumssparen Growth savings product targeting youth with a minimum deposit of 500 EUR, featuring tiered interest rates that increase over a 3-year period (2.00% to 2.20% p.a.).
• Sparbrief (Festzins / Nachrangig) Fixed-rate savings bonds with terms of 3-5 years for standard deposits (2.20%-3.00% p.a.) and a 6-year subordinated savings bond offering 3.25% p.a. for deposits of 25,000 EUR or more.
• MeinInvest Digital investment assistant helping customers find contemporary investment options, powered by a digital advisory tool.
• Wero European instant payment service enabling money transfers and online payments using just a mobile phone number, part of the European Payments Initiative.
• Gewinnsparen Combined savings-lottery product where customers save, have a chance to win prizes, and portions support charitable causes.
• BusinessCard Direct Corporate credit card for business customers providing expense management and tracking capabilities.
• Geschäftskonto Business checking account enabling commercial customers to manage payment transactions.
• Firmenfestgeld Fixed-term deposit product for businesses to safely invest excess operating capital.
• Auslandszahlungsverkehr International payment services enabling businesses to execute cross-border payment orders securely and efficiently.
• Finanzierung (Firmenkunden) Tailored financing solutions for business customers to achieve their corporate objectives, including customized lending structures.
• Vorsorge & Versicherung (Firmenkunden) Efficient prevention and insurance solutions for business security and employee protection, distributed in partnership with R+V Versicherung.
• Geldanlage (Firmenkunden) Professional capital management and investment advisory services for corporate clients.
• Immobilienvermittlung Real estate purchase, sale, and valuation services including a property quick-valuation tool, integrated into the bank's service ecosystem.
• Baufinanzierung Construction and mortgage financing solutions helping customers achieve home ownership, with integrated calculator tools.
• Finanzierungsbestätigung Financing confirmation service providing customers with a certificate indicating the maximum purchase price the bank would support for financing.
• OnlineBanking / VR Banking App Digital banking platform providing customers online access to account management, transfers, card controls (Visa Secure, Mastercard Identity-Check), overdraft limit changes, and account switching services.
• Private Banking Expert wealth management advisory service for high-net-worth clients, centered on a four-pillar philosophy of Vermehren (grow), Bewahren (preserve), Versichern (insure), and Vererben (bequeath).
• Elevator Pitch Advisory program positioning the bank as a partner for SME (Mittelstand) companies, offering business consulting and support services.
• Online-Vertragswiderruf Digital contract revocation service allowing customers to exercise withdrawal rights on contracts made through OnlineBanking, VR Banking App, or partner platforms (R+V Versicherung, TeamBank/easyCredit, Union Investment).

Segments7 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature12 records

Partnerships

Seven partnerships are on record, tiered core.

• DZ BANKcoreTechnology or IntegrationDZ BANK serves as the central institution for cooperative banks in Germany. Volksbank im Bergischen Land distributes DZ BANK investment certificates to its customers, including campaign offerings for investment products with promotional rates.
• TeamBank (easyCredit)coreChannel Partner/ Reseller/ DistributorTeamBank provides the easyCredit instant credit product offered by Volksbank im Bergischen Land. The bank acts as a distribution channel for this consumer lending product with real-time loan calculation and approval.
• Union InvestmentcoreChannel Partner/ Reseller/ DistributorUnion Investment provides investment fund products distributed through Volksbank im Bergischen Land to customers seeking professional fund-based wealth management.
• R+V VersicherungcoreChannel Partner/ Reseller/ DistributorR+V Versicherung provides insurance products distributed through Volksbank im Bergischen Land. Insurance offerings include coverage for private individuals and business customers through the bank's advisory services.
• MastercardcoreTechnology or IntegrationMastercard provides payment card infrastructure enabling credit and debit card services. The bank offers Mastercard cards with services including Mastercard Identity-Check for secure authentication.
• VisacoreTechnology or IntegrationVisa provides payment card infrastructure enabling card services including Visa Secure for secure online authentication. The bank offers Visa debit and credit cards.
• Wero (European Payments Initiative)coreTechnology or IntegrationWero is the payment solution of the European Payments Initiative (EPI) enabling instant money transfers using phone numbers. Available through the VR Banking App for contactless payments and online transactions.

Scale indicators1 record

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• ING Deutschland: Major direct bank operating in Germany with consumer checking, savings, lending, and investment products. A key competitor for primary-banking relationships and deposit volumes against which Volksbank's 0.05% rates are measured.
• Postbank / Deutsche Bank: Broadly diversified incumbent German banks serving retail, SME, and wealth customers with nationwide branch and digital networks. Compete with Volksbank for customers expanding beyond local geography or seeking larger transaction-banking capabilities.
• Targobank: Universal bank serving retail and SME customers in Germany with checking, savings, lending, and insurance. Comparable in serving similar customer profiles with a hybrid branch-and-direct model.
• DKB (Deutsche Kreditbank): Digital-first German retail and SME bank offering deposits, current accounts, and lending nationwide. Competes for the same private and business customers as Volksbank with a stronger digital proposition and competitive deposit rates.

Direct peers

• Sparda-Bank West: German cooperative bank serving private customers with a member-ownership structure similar to Volksbank. Both operate under cooperative banking principles, distribute partner products, and target retail/Mittelstand clients in adjacent North Rhine-Westphalia regions.
• Volksbank Köln Bonn: Larger cooperative bank serving the Cologne-Bonn region of NRW. Operates the same Volksbank cooperative model with multi-channel distribution, partner product distribution (Union Investment, R+V), and similar retail/SME/Mittelstand focus.
• Sparkasse Solingen: Local public-law savings bank directly serving the Solingen market. Competes head-to-head for retail, SME, and Mittelstand customers in the same Bergisches Land geography with a similar branch-and-digital distribution model.
• Stadtsparkasse Wuppertal: Public savings bank serving Wuppertal — another core city in the Bergisches Land region. Overlapping catchment, branch-based advisory model, and same retail/SME target segments create direct local competition.
• Volksbank Überlingen (regional Volksbank peer): Representative regional Volksbank of similar scale and cooperative structure operating in a different German region. Provides a useful benchmark for asset size, branch network, and product breadth typical of a mid-sized regional cooperative bank.

Emerging players

• Comdirect (Commerzbank): Direct bank under Commerzbank offering deposits, trading, and consumer lending. Targets self-directed retail investors and digital-first customers — overlapping with Volksbank's MeinInvest and Private Banking aspirations.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• TikToktiktok.com/@vb_bergisch
• LinkedInlinkedin.com/company/volksbank-im-bergischen-land

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 im Bergischen Land eG