Sparkasse Meißen
Sparkasse Meißen is a public-law German savings bank headquartered in Riesa, Saxony, founded in 1828 and part of the nationwide Sparkassen-Finanzgruppe. It provides full-service retail and SME banking — accounts, lending, investments, insurance, and real estate services — to customers across the Meißen district through branches, digital channels, and partner distribution.
- Company typePrivate
- Founded-
- HeadquartersRiesa, Germany
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Sparkasse Meißen does
Sparkasse Meißen is a German public-law savings bank (Sparkasse) headquartered at Hauptstraße 70 in Riesa, Saxony, with a founding heritage dating to 1828. The institution operates as part of the nationwide Sparkassen-Finanzgruppe, one of Germany's largest financial services networks, and serves retail customers (Privatkunden), small and medium-sized enterprises (Firmenkunden), and young customers across the Meißen district of Saxony. The bank holds HRA 4040 registration at Amtsgericht Dresden and is supervised by the European Central Bank and BaFin. Leadership comprises Rainer Schikatzki as Chair of the Board of Management (Vorsitzender des Vorstandes) and Daniel Höhn as Board Member (Mitglied des Vorstandes).
The bank operates a multi-channel distribution model combining a physical branch network across the Meißen district with comprehensive digital banking platforms including the Internet-Filiale (online banking portal), Sparkassen-App for iOS and Android, S-pushTAN and chipTAN authentication, electronic postbox, and an AI-assisted voicebot 'Linda' (built on Google and IBM Watson) for telephone customer service. Core products span four tiered current accounts (Junge, aktive, clevere, exklusive Konten), SparkassenCard with Apple Pay and PAYBACK integration, Mastercard and Visa credit card portfolios with 3-D Secure, mortgage and consumer lending (Baufinanzierung, Privatkredit, Autokredit), digital investment platforms (S-Neo Depot, S Broker, Deka Investments), retirement and insurance products distributed through Sparkassen-Versicherung Sachsen and LBS Ostdeutschland partnerships, and real estate services (Cockpit Immobilie, S-ImmoPreisfinder).
Revenue is generated through traditional banking streams: net interest income on lending products and deposit investment, recurring account and transaction fees across four subscription-priced current account tiers, commission income from distributing Deka funds, S Broker securities, Sparkassen-Versicherung insurance, and LBS building society products, plus interchange fees from debit and credit card transactions. Marketing leverages organic social (Facebook, Instagram), direct messaging (WhatsApp via S-Markt & Mehrwert), email newsletter (via S-Communication Services), chat and video advisory, branch-based relationship sales, and community engagement through the Meißner Sparkassen-Stiftung foundation. Headcount is reported at 55 employees, and revenue is not publicly disclosed.
Sparkasse Meißen firmographics
Firmographics- Name
- Sparkasse Meißen
- Legal name
- Sparkasse Meißen
- Website
- https://sparkasse-meissen.de
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Sparkasse Meißen is a public-law German savings bank headquartered in Riesa, Saxony, founded in 1828 and part of the nationwide Sparkassen-Finanzgruppe. It provides full-service retail and SME banking — accounts, lending, investments, insurance, and real estate services — to customers across the Meißen district through branches, digital channels, and partner distribution.
- Ownership category
- akta.pro rank
Where Sparkasse Meißen is headquartered
LocationHeadquarters
- HQ city
- Riesa
- HQ country
- Germany
- HQ region
- Europe
Offices1 record
Markets served
Sparkasse Meißen business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others
Revenue model
- Interest Income: Traditional banking revenue from interest rate margins on lending products including mortgages (Baufinanzierung), personal loans (Privatkredit), auto loans (Autokredit), and overdraft facilities (Dispositionskredit). Interest income also generated from investment of customer deposits.
- Account and Transaction Fees: Monthly account maintenance fees (Kontoführungsgebühren) for various account types (Girokonten), transaction fees for transfers, and charges for special services like overdraft facilities.
- Investment Product Distribution: Commission revenue from distribution of investment products including Deka funds, S-Broker brokerage services, ETFs, and savings plans. Revenue share arrangements with DekaBank and S Broker for referred customers.
- Insurance Distribution: Commission income as tied insurance agent (gebundene Versicherungsvertreterin) for Sparkassen-Versicherung Sachsen Lebensversicherung AG, offering life insurance, pension insurance (RiesterRente, BasisRente), and supplementary health insurance products.
- Building Society Products: Revenue from LBS-Bausparen (building savings) products including home savings contracts and government-subsidized savings (Wohnungsbau-Prämie, VL-Sparen, Wohn-Riester).
- Card Transaction Fees: Interchange fees from debit cards (SparkassenCard) and credit cards (Mastercard, Visa), including fees for ATM withdrawals and international transactions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Das Junge Konto - Account for children, students, and young professionals |
| Subscription | Monthly | Das Aktive Konto - Standard checking account |
| Subscription | Monthly | Das Cleveres Konto - Value-oriented account |
| Subscription | Monthly | Das Exklusive Konto - Premium account |
Go-to-market motion2 records
Distribution channels7 records
Marketing channels9 records
Sparkasse Meißen product offering
Product offeringCore offering
Sparkasse Meißen is a regional public-law savings bank delivering retail and corporate banking services. Its offering spans current accounts and debit/credit cards, consumer and mortgage lending, savings and investment products (funds, ETFs, securities), retirement and insurance products, and real estate services. Distribution combines a local branch network in the Meißen district of Saxony with digital channels including online banking, mobile app, video advisory, and AI-powered voicebot support.
Product overview
Sparkasse Meißen operates as a regional savings bank (Sparkasse) offering a comprehensive financial services portfolio. The core banking platform centers on current accounts (Girokonten) with bundled SparkassenCard debit cards supporting Apple Pay and PAYBACK. Digital banking is delivered via Online-Banking with pushTAN/chipTAN authentication and device recognition. The credit card range spans Mastercard and Visa tiers. Lending products include mortgage financing (Baufinanzierung), personal loans (Privatkredit), auto loans, and KfW subsidized loans. Investment offerings are channeled through S-Neo Depot (digital ETF/fund/stock platform), S Broker (securities trading), and Deka Investments (fund products). Retirement planning encompasses Sparkassen-Sparplan, Sparkassen-Tresor, Sparkassen-Firmen-Rente, Betriebliche Altersversorgung, RiesterRente, S-BasisRente, and LBS-Bausparen. Insurance products are provided in partnership with Sparkassen-Versicherung Sachsen. Real estate services include Cockpit Immobilie management tool, S-ImmoPreisfinder valuation, and complete property lifecycle services. The bank also offers specialized advisory services for estate planning (Schenken und Vererben), holistic financial planning (Sparkassen-Finanzkonzept), and youth/adolescent offerings.
Differentiator
Problem solved
Functional benefit
Brands
- Meißner Sparkassen-Stiftung: A charitable foundation operated by Sparkasse Meißen to support regional initiatives and community projects in the Meißen area.
Products and services
- Girokonten (Current Accounts) Current account products for retail customers, including Das Junge Konto (youth), Das aktive Konto, Das clevere Konto, and Das exklusive Konto, each with tiered features and monthly fees.
Quantifiable outcome
- Sicherheitsstandards für Online-Banking: pushTAN, chipTAN, Geräteerkennung, 3-D Secure bieten höchste Sicherheit
- +2 more outcomes
Companies that use Sparkasse Meißen
Customer profileSegments3 records
Ideal customer profiles3 records
Sparkasse Meißen technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration12 records
AI capability2 records
Feature8 records
Sparkasse Meißen partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- DekaBank Deutsche GirozentralecorePartnership for investment products distribution including Deka ETFs, Deka-FondsSparplan, Deka-JuniorPlan Plus, and Deka-Zertifikatesuche. Sparkasse Meißen offers DekaBank depot services and investment products as part of its wealth management offering. The partnership provides customers access to Deka's fund universe and investment expertise.
- S Broker (DZ BANK AG)corePartnership for brokerage services providing customers access to S Broker products including S ComfortDepot, DepotPlus, Young Invest, Aktien-Sparplan (stock savings plans), and ETF-Sparplan. Enables customers to execute stock and ETF trades through the Sparkasse's platforms.
- Sparkassen-Versicherung Sachsen Lebensversicherung AGcoreSparkasse Meißen operates as a tied insurance agent (gebundene Versicherungsvertreterin) for Sparkassen-Versicherung Sachsen, offering insurance products including RiesterRente, S-BasisRente, Sparkassen-Sparplan, Sparkassen-Tresor, Sparkassen-Generationen-Tresor, and Sparkassen-Firmen-Rente. The insurance company is part of the Sparkassen-Finanzgruppe.
- LBS Ostdeutschland (Bausparkasse)corePartnership for building society products (LBS-Bausparen) including state-subsidized home savings (Wohnungsbau-Prämie), VL-Sparen with vermögenswirksame Leistungen, and Wohn-Riester retirement accounts. Products support home ownership, renovation financing, and real estate acquisition.
- Sparkassen-FinanzgruppecoreMembership in the nationwide Sparkassen-Finanzgruppe (Savings Bank Finance Group), one of Germany's largest banking and financial services organizations. Provides access to shared technology platforms, product range, risk sharing, and collective marketing resources. Enables ATM network access, cross-regional services, and brand recognition.
- PAYBACKminorPartnership with PAYBACK loyalty program, allowing Sparkasse Meißen customers to collect PAYBACK points on card transactions. Integration with SparkassenCard for reward points on purchases.
Scale indicators1 record
Recent moves6 records
Expansion highlights5 records
Sparkasse Meißen competitors and assessment
Company assessmentDirect peers
- Stadtsparkasse München: Municipal savings bank with similar structure, comprehensive product offering, and multi-channel distribution model. Comparable as a Sparkasse under the same nationwide financial group.
- Sparkasse Leipzig: Regional Sparkasse also operating in Saxony, sharing the same public-law structure, Sparkassen-Finanzgruppe membership, and product offerings. Direct peer given identical regulatory framework and overlapping geography within the same federal state.
- Hamburger Sparkasse (Haspa): Largest German Sparkasse by assets, offering the same comprehensive retail banking, lending, investment, and insurance products under the public-law Sparkassen framework. Direct peer in institutional model though significantly larger.
- Kreissparkasse Köln: District-level savings bank under the Sparkassen system with comparable regional focus, public-law structure, and full retail banking services. Direct peer in terms of municipal ownership and territorial operating model.
- Sparkasse Dresden: Saxony-based regional Sparkasse with identical institutional structure, product portfolio, and regulatory framework as Sparkasse Meißen. Closely comparable in terms of customer segments, digital capabilities, and Sparkassen-Finanzgruppe affiliation.
- Sparkasse KölnBonn: Another regional Sparkasse operating under the same Sparkassen-Finanzgruppe framework with similar public-law status, multi-channel distribution model, and comprehensive retail/corporate product suite. The most direct peer in terms of business model, regulatory structure, and product portfolio, albeit in a larger geographic market.
Emerging players
- ING-DiBa: Direct bank with strong presence in German retail banking, particularly in checking accounts, brokerage, and consumer credit. Competes with Sparkasse Meißen for digitally native retail customers with a branchless, mobile-first proposition.
- DKB (Deutsche Kreditbank): Direct bank subsidiary of BayernLB offering retail banking, brokerage, and consumer lending with a digital-first model that competes with Sparkasse Meißen for online customers, particularly in mortgages and investments.
Broad incumbents
- Deutsche Bank: Germany's largest private bank offering retail, corporate, and investment banking services that overlap with Sparkasse Meißen's product portfolio, particularly in mortgages and investment products, but operating under different ownership structure.
- Volksbank Raiffeisenbank: Germany's other major public-sector-affiliated banking cooperative group, offering comparable retail and corporate banking products to a similar customer base but under the cooperative rather than savings bank framework.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Sparkasse Meißen social profiles
Digital presenceSparkasse Meißen financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sparkasse Meißen leadership team
Management profileNumber of profiles
Profiles2 records
Sparkasse Meißen funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sparkasse Meißen 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 Meißen
What does Sparkasse Meißen do?
Sparkasse Meißen is a regional public-law savings bank delivering retail and corporate banking services. Its offering spans current accounts and debit/credit cards, consumer and mortgage lending, savings and investment products (funds, ETFs, securities), retirement and insurance products, and real estate services. Distribution combines a local branch network in the Meißen district of Saxony with digital channels including online banking, mobile app, video advisory, and AI-powered voicebot support.
Is Sparkasse Meißen a public or private company?
Sparkasse Meißen is a private company. It is classified as state government owned and is currently operating.
When was Sparkasse Meißen founded?
Sparkasse Meißen was founded in -1. It employs 51 to 100 people.
Where is Sparkasse Meißen based?
Sparkasse Meißen is headquartered in Riesa, Germany, in the Europe region.
How does Sparkasse Meißen make money?
Six revenue lines are on record. Interest Income is the primary driver. The others are account and Transaction Fees, investment Product Distribution, insurance Distribution, building Society Products and card Transaction Fees.
Who are Sparkasse Meißen's main competitors?
Direct peers on record are Stadtsparkasse München, Sparkasse Leipzig, Hamburger Sparkasse (Haspa), Kreissparkasse Köln, Sparkasse Dresden and Sparkasse KölnBonn. Emerging players are ING-DiBa and DKB (Deutsche Kreditbank). Broad incumbents are Deutsche Bank and Volksbank Raiffeisenbank.
Does Sparkasse Meißen have an API?
No public API is recorded for Sparkasse Meißen.