Vereinigte Volksbank Raiffeisenbank eG

What Vereinigte Volksbank Raiffeisenbank eG does

Vereinigte Volksbank Raiffeisenbank eG is a regional German cooperative bank (eingetragene Genossenschaft) headquartered in Reinheim, Hessen, operating as part of the Volksbanken Raiffeisenbanken cooperative network coordinated by the BVR. Founded in 1864, the bank serves retail customers (Privatkunden) and business clients (Firmenkunden) across its regional footprint through a combination of physical branches and digital channels, including OnlineBanking, the VR Banking App, and the VR SecureGo plus two-factor authentication app. As of 31.12.2024 the bank reports 58,940 cooperative members, each holding voting rights under the principle of "ein Mitglied, eine Stimme" and entitled to annual dividends tied to the bank's economic performance.

The core technology stack is delivered through Atruvia AG, the central IT provider for the Genossenschaftliche FinanzGruppe, which operates the OnlineBanking platform, the VR Banking App, VR SecureGo plus, and the VR-Protect Banking Browser. Security is layered through the SperrApp (card and access blocking, supplied by Servodata), an active phishing alert and fraud notification service, and biometric transaction authorization. Member-facing services include the VR-Rosi chatbot, the VR-MitgliederBonus points program, the MeinPlus partner discount and cashback platform, and curated member travel offerings such as the Mitgliederreise Japan 2026.

The business model rests on three revenue streams: net interest income from loans, mortgages, and credit facilities extended to retail and SME customers; banking fees and commissions on accounts, cards, transactions, and product distribution; and cooperative membership dividends, which redistribute a share of annual profit to the member base. Distribution of insurance, building society products, investment funds, and installment loans is conducted through channel partnerships with Allianz, R+V Versicherung, Bausparkasse Schwäbisch Hall, Union Investment, TeamBank, and GENO Broker, allowing the bank to offer a full financial product set without in-house manufacturing capability beyond deposits and lending.

Name

Vereinigte Volksbank Raiffeisenbank eG

Legal name

Vereinigte Volksbank Raiffeisenbank eG

Website

https://vvrb.de

Company type

Private

Operating status

Operating

Headcount range

101–250 employees

Short description

Vereinigte Volksbank Raiffeisenbank eG is a regional German cooperative bank serving retail and SME customers in Hessen through branches, OnlineBanking, and mobile apps, with 58,940 members receiving dividends and partner benefits within the Volksbanken Raiffeisenbanken network.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022)

akta.pro industry

PRIMARYFSABAEAF

Cooperative Banks (Member-Owned Commercial/Retail)

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Community & Cooperative Banking (Credit Unions, Mutuals)

SECONDARYFSAGAAAM

Customer Experience & Engagement (CRM, Support, Rewards, Loyalty)

Financial & Insurance/Financial Technology (Fintech)/Digital Banking & Neobanking Platforms

Keywords

• Retail banking services
• Cooperative banking
• Digital banking
• Member banking
• Deposit and lending services

Headquarters

HQ city

Not specified

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: Traditional banking revenue from interest on loans, mortgages, and credit facilities extended to retail and business customers.
2. Banking Fees and Commissions: Account maintenance fees, transaction fees, card fees, and commissions on financial products and services.
3. Membership Dividends: As a cooperative bank (Genossenschaftsbank), distributes annual dividends to members based on the bank's economic success. Members pay a membership fee and receive voting rights and profit participation.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Vereinigte Volksbank Raiffeisenbank eG is a cooperative bank offering retail and business banking services including deposit accounts, lending, payment services, insurance intermediation, and investment products. The bank delivers these services through a regional branch network and digital channels (OnlineBanking, VR Banking App), and additionally provides membership benefits such as dividends, points-based rewards, and partner discounts to its 58,940 cooperative members.

Product overview

Vereinigte Volksbank Raiffeisenbank eG is a cooperative bank (Genossenschaftsbank) offering a digital banking platform centered on its OnlineBanking web application and VR Banking App mobile application. Core transaction security is handled by VR SecureGo plus, a two-factor authentication app supporting biometric and password-based transaction authorization across up to three registered devices. The banking portfolio also includes the VR-Protect Banking Browser as a security add-on, the SperrApp for emergency card and access blocking, and the chatbot service VR-Rosi. Membership benefits are delivered through the VR-MitgliederBonus points program and the MeinPlus partner discount platform, alongside exclusive member travel offerings such as the Mitgliederreise Japan 2026. A comprehensive fraud alert service (Phishing-Meldungen) keeps customers informed of current scam patterns.

Differentiator

Problem solved

Functional benefit

Brands

• VR SecureGo plus: Two-factor authentication (TAN) app for secure online banking transactions. Part of the Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken.
• VR Banking App
• VR-Protect / Banking-Browser
• VR-MitgliederBonus
• MeinPlus
• MeinPlus Cashback

Products and services

• OnlineBanking Browser-based digital banking platform enabling retail and business customers to manage accounts, transfer funds, set up standing orders, and conduct bank transactions independently of branch hours and device type.
• VR Banking App Mobile banking application that consolidates banking and payment functionality into a single smartphone app, enabling customers to manage accounts, transfer funds, and authorize transactions on iOS and Android devices.
• VR SecureGo plus Transaction authorization app providing secure two-factor authentication for online banking logins and payment approvals, supporting biometric (Touch ID, Face ID, fingerprint) and password-based release methods, with multi-device support for up to three registered devices.
• VR-MitgliederBonus Annual points-earning loyalty program for cooperative bank members that converts accumulated points into monetary value, providing tangible financial rewards for membership.
• MeinPlus Partner Benefits Membership benefits program offering discounts and exclusive deals from regional and national partners, including cashback rewards and special pricing on insurance products from R+V Versicherung.
• Telephone Customer Service Telephone-based customer service hotline available for customer inquiries and support.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Atruvia AGcoreTechnology or IntegrationTechnology service provider for the Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken. Develops and operates the core banking IT infrastructure, digital platforms, and banking applications including VR Banking App and VR SecureGo plus for the cooperative banking network.
• AllianzminorChannel Partner/ Reseller/ DistributorInsurance partner offering products through the bank's branch network. Customers can purchase insurance products and process contract cancellations via the bank's partner portal.
• Bausparkasse Schwäbisch HallminorChannel Partner/ Reseller/ DistributorBuilding society partner for home savings and mortgage products offered through the bank's distribution channels.
• R+V VersicherungcoreChannel Partner/ Reseller/ DistributorPrimary insurance partner of the cooperative banking network offering property, liability, life, and health insurance products. Provides exclusive member benefits and cashback programs for members.
• TeamBankminorChannel Partner/ Reseller/ DistributorDirect bank partner offering installment loans and financing solutions accessible through the bank's platform.
• Union InvestmentminorChannel Partner/ Reseller/ DistributorAsset management and investment fund partner offering mutual funds and wealth management products through the bank's network.
• Bundesverband der Deutschen Volksbanken und Raiffeisenbanken e.V. (BVR)coreStrategic or Co-development PartnerIndustry association and central organization for the German cooperative banking sector. Sets standards, provides representation, and coordinates activities across approximately 750 member banks.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Emerging players

• N26 GmbH: Berlin-based digital challenger bank offering mobile-first retail banking in Germany and Europe. Competes for the same retail customer segment with superior digital UX and faster onboarding, representing the digital threat to traditional cooperative banks.
• Solaris SE (formerly Solarisbank): Berlin-based banking-as-a-service platform providing banking infrastructure to fintechs and businesses. Indirectly competitive as it enables new entrants to offer banking products without their own banking license, increasing competitive pressure on traditional regional banks.

Broad incumbents

• DKB (Deutsche Kreditbank AG): Large German direct bank offering retail and business banking with focus on online channels. Comparable in retail banking services targeting similar German customer base with stronger digital brand.
• ING-DiBa AG: Germany's largest direct bank offering retail banking, brokerage, and lending products with strong digital presence. Comparable as a major German retail banking competitor with broader product portfolio and national footprint.
• Deutsche Bank AG: Germany's largest universal bank with full-service retail, business, and corporate banking. Represents the broad incumbent competitor with significantly greater scale, capital base, and product breadth than regional cooperative banks.
• Commerzbank AG: Major German universal bank with strong retail and SME banking franchise. Competes for the same Firmenkunden and Privatkunden segments that VVRB serves, but with substantially larger scale and capital base.

Direct peers

• Sparda-Bank Hessen eG: Cooperative-style retail bank serving Hessen with focus on public-sector employees and similar regional cooperative structure. Comparable in member/customer orientation, retail banking emphasis, and regional German footprint.
• Volksbank Mittelhessen eG: Regional cooperative bank (Genossenschaftsbank) operating in the Hessen region of Germany with similar member-owned structure, retail and business banking focus, and partnership with the Volksbanken Raiffeisenbanken network. Directly comparable in business model, customer segments, and digital infrastructure.
• PSD Bank RheinNeckarSaar eG: Regional cooperative bank serving parts of central/southwestern Germany with similar cooperative ownership structure and focus on retail customers. Directly comparable in member-owned governance and cooperative banking model.
• Sparkasse Darmstadt: Public-law savings bank operating in the same Hessen region with comparable retail and SME banking focus. Similar regional footprint and community banking orientation, though structured as a Sparkasse rather than cooperative.

Market position

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/vvrb

Revenue estimate

Valuation estimate

Number of profiles

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 Vereinigte Volksbank Raiffeisenbank eG