Volksbank Börde-Bernburg eG

What Volksbank Börde-Bernburg eG does

Volksbank Börde-Bernburg eG is a registered cooperative bank (eingetragene Genossenschaft, Genossenschaftsregister No. 1898 at Amtsgericht Stendal) headquartered in Bernburg (Saale), Sachsen-Anhalt, Germany. It serves private customers (Privatkunden) and business customers (Firmenkunden) in the Börde-Bernburg region with a full suite of retail banking products — giro accounts (Girokonto VBB Privat, Basiskonto), flexible savings (Tagesgeld VBB Flex), mortgage lending (Baufinanzierung), and building savings (Bausparvertrag via Bausparkasse Schwäbisch Hall). The bank distributes partner products including TeamBank's easyCredit instant loans, Union Investment funds, and R+V Versicherung insurance, earning commission-based revenue on cross-sell.

The bank's digital infrastructure is built on Atruvia's core banking platform, which provides the OnlineBanking portal and the VR Banking App for iOS and Android, supporting Apple Pay and AI-powered features such as Fotoüberweisung (photo transfer) and Rechnung hochladen (invoice upload) via Gini GmbH's computer vision technology. Monitoring and analytics are layered through Dynatrace, Adobe Customer Journey Analytics, and AppsFlyer, with consent management via OneTrust. Distribution combines physical branches, an Online-Geschäftsstelle (online business office), and mobile channels.

Revenue is generated through subscription/recurring account fees, transaction-based interest income from lending, transaction commissions on partner investment and insurance products, and affiliate referral income. The bank is mutually owned by its members, supervised by BaFin, and protected by BVR Institutssicherung GmbH's institutional deposit protection scheme. Leadership consists of Mark Hildebrandt (Vorstand) and Dipl.-Ing. agr. Ulli Mutke (Aufsichtsratsvorsitzender).

Name

Volksbank Börde-Bernburg eG

Legal name

Volksbank Börde-Bernburg eG

Website

https://volksbank-boerde-bernburg.de

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Volksbank Börde-Bernburg eG is a German cooperative bank in Sachsen-Anhalt serving retail and small-business customers with giro accounts, savings, mortgages, partner-distributed insurance and investment products, and Atruvia-powered digital banking including VR Banking App and Apple Pay.

Ownership category

akta.pro rank

Headquarters

HQ city

Bernburg (Saale)

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Banking Account Services: Fees and services from giro accounts (Girokonto), including account maintenance, transaction fees, and related banking services
2. Lending Products: Interest income from credit products including mortgages (Baufinanzierung), instant loans (easyCredit), and other financing solutions
3. Investment Products: Commission revenue from distribution of third-party investment products including Union Investment funds
4. Insurance Distribution: Commission income from sale of insurance products including R+V Versicherung private liability insurance and other coverage
5. Savings Products: Deposit-taking and savings products including Tagesgeld (savings accounts) and Bausparvertrag (building society contracts)

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

Volksbank Börde-Bernburg eG is a German cooperative bank providing retail and corporate banking services. Its product portfolio covers current accounts (Girokonto VBB Privat, Basiskonto), flexible savings (Tagesgeld VBB Flex), mortgage lending (Baufinanzierung), instant personal credit (easyCredit via TeamBank), building society savings (Bausparvertrag via Bausparkasse Schwäbisch Hall), private liability insurance (via R+V Versicherung), and investment funds (via Union Investment). Services are delivered through physical branches plus digital channels including OnlineBanking, the VR Banking App, AI-powered photo transfers, and Apple Pay.

Product overview

Volksbank Börde-Bernburg eG offers a comprehensive banking platform primarily organized around its digital banking services. The core product portfolio includes the Girokonto VBB Privat (current account) and Tagesgeld VBB Flex (savings account) as foundational banking products, supplemented by lending products like Baufinanzierung (real estate financing) and the easyCredit instant credit (via TeamBank partnership). The digital channel is anchored by OnlineBanking and the VR Banking App, which provide mobile access to all banking services. The bank also distributes partner products including Bausparvertrag (building savings through Schwäbisch Hall) and private insurance (R+V Versicherung). Notable AI-powered features include the Fotoüberweisung and Rechnung hochladen services that use Gini GmbH's document scanning technology for invoice data extraction. Payment services include Apple Pay integration and the digital girocard.

Differentiator

Problem solved

Functional benefit

Products and services

• Girokonto VBB Privat Digital current account for private customers enabling full digital banking access, card payments, and money transfers, with the headline tagline of being 'voll digital unterwegs' (fully digital on the go).
• Tagesgeld VBB Flex Flexible savings account without fixed terms for wealth accumulation, allowing deposits and withdrawals without penalties.
• easyCredit Instant credit product provided by partner TeamBank offering financial flexibility ('Sofortkredit mit finanziellem Spielraum'), with an integrated loan calculator for term determination.
• Bausparvertrag (Building Savings Contract) Building savings contract from cooperative partner Bausparkasse Schwäbisch Hall for financing residential property ('Verwirklichen Sie Ihren Traum von den eigenen vier Wänden').
• Baufinanzierung Real estate financing product for purchasing building plots, condominiums, or houses with flexible loan structures.
• Private Haftpflicht-Versicherung Private liability insurance distributed via partner R+V Versicherung, protecting customers against costs from accidents or mishaps.
• OnlineBanking Digital banking platform for managing accounts, transfers, and financial services online with secure authentication, provided via Atruvia infrastructure.
• VR Banking App Mobile banking application for iOS and Android providing full banking functionality on smartphones, including photo transfer and Apple Pay features.
• Apple Pay Contactless payment integration allowing payments in stores, online, and in apps using Apple devices via the bank's cards.
• Basiskonto Basic bank account enabling transfers, deposits, withdrawals, and OnlineBanking access for all customers, in line with German basic account regulations.
• Fotoüberweisung (Photo Transfer) Digital service within the VR Banking App that uses AI (powered by Gini GmbH) to extract payment details from photographed or scanned invoice documents for seamless transfer processing.
• Rechnung hochladen (Invoice Upload) OnlineBanking feature that uses AI (powered by Gini GmbH) to extract payment information from uploaded invoice documents for automated payment processing.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

AI capability3 records

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• TeamBankcoreChannel Partner/ Reseller/ DistributorTeamBank provides the easyCredit instant credit product which is distributed through the bank's branches and digital channels. The bank offers 'Sofortkredit mit finanziellem Spielraum' (instant credit with financial flexibility) under this partnership.
• Union InvestmentcoreChannel Partner/ Reseller/ DistributorUnion Investment provides investment fund products distributed by the bank to its customers seeking investment opportunities. Customers can cancel contracts directly through Union Investment.
• R+V VersicherungcoreChannel Partner/ Reseller/ DistributorR+V Versicherung provides insurance products including private liability insurance (Privathaftpflicht) that the bank distributes to its customers. Contract cancellations can be processed directly with R+V.
• Bausparkasse Schwäbisch HallcoreChannel Partner/ Reseller/ DistributorBausparkasse Schwäbisch Hall provides building society products (Bausparvertrag) for home financing which are distributed through the bank's channels.
• AtruviacoreTechnology or IntegrationAtruvia is the primary technology service provider for the bank's digital banking infrastructure including OnlineBanking, VR Banking App, and core banking systems. They handle IT infrastructure, software development, and operational technology services.
• GENO BrokerminorChannel Partner/ Reseller/ DistributorGENO Broker is a financial services broker providing energy tariff comparison services (Strom/Gas tariff calculator) and other brokerage services accessible through the bank's platform.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• DZ BANK: Central institution of the Volksbanken Raiffeisenbanken cooperative banking network and explicitly listed technology/financial partner of the bank. Provides wholesale banking, FördermittelFinder subsidy tools, and central services for the entire cooperative sector.
• Commerzbank: Major German universal bank serving retail and SME customers nationwide with comparable retail and business banking products (accounts, mortgages, deposits). Operates at vastly larger scale but with overlapping product set.
• Deutsche Bank: Germany's largest universal bank with comprehensive retail and commercial offerings. Directly overlaps in mortgage lending, deposit products, and payment services at national scale.

Emerging players

• ING-DiBa: Leading German direct bank with digital-first banking model. Competes for retail deposits and consumer lending with a superior digital experience, threatening the core deposit-gathering franchise of regional cooperative banks.
• Targobank: German direct/branch bank with strong consumer credit focus (similar to easyCredit). Targets retail customer segments with comparable omni-channel model and competes directly for consumer lending volume.

Direct peers

• Sparda-Banken: Federation of German cooperative banks serving retail customers with similar omni-channel distribution model combining branches and digital services. Closely comparable cooperative (Genossenschaft) ownership structure and retail banking focus.
• PSD Bank: Group of German cooperative banks serving retail customers with comparable product portfolio (accounts, deposits, lending, insurance distribution). Same Genossenschaft ownership model and member-aligned governance.
• Volksbank Mitteldeutschland: Larger Volksbank serving central Germany including parts of Saxony-Anhalt. Same cooperative banking model with retail and business customer focus, using the same Atruvia platform and BVR network.
• Sparkasse: Network of German public-sector savings banks offering regional retail banking services. Closely comparable local presence, comprehensive product range, and regional concentration model — though public-sector rather than cooperative ownership.
• Volksbank Magdeburg: Regional Volksbank operating in Saxony-Anhalt. Identical cooperative banking model, shared Atruvia infrastructure, and overlapping geographic market in the same German state.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/voba-b%C3%B6rde-bernburg-eg

Compliance3 records

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 Volksbank Börde-Bernburg eG