Volksbank Oberosterreich Ag

What Volksbank Oberosterreich Ag does

Volksbank Oberösterreich AG is a regional cooperative banking institution headquartered in Wels, Upper Austria, founded in 1909. It operates as part of the Austrian Volksbanken-Verbund network under the statutory framework of the Österreichischer Genossenschaftsverband (ÖGV) and is regulated by the Austrian Financial Market Authority (FMA) and the European Central Bank. The company is majority-owned by VB Oberösterreich Holding eG (80.89%), with VB Wien AG (10.72%) and VB Bad Hall Verwaltungsgenossenschaft (8.39%) holding minority stakes, reflecting the cooperative governance model typical of the Austrian Volksbanken group.

The bank serves private individuals, youth (up to age 27), and small and medium enterprises across Upper Austria through 20+ full-service branches, a centralized customer service center, and a digital banking ecosystem centered on the proprietary hausbanking platform (web and mobile applications including the hausbanking App, ID-App, Pay-App, and Quick-App). Product breadth spans deposit accounts (Girokonto, youth and business variants), savings and investment products (Save & Cash, Fondssparen, Kombisparen, securities and precious metals), consumer and mortgage lending (Der faire Credit, Wohnbaukredit), business financing (Betriebsmittel, Investitionskredit, Factoring, KFZ-Leasing), payment processing (SumUp, PayOne, PSD2 services, EBICS, instant SEPA transfers), and insurance distribution via ERGO Versicherung. Mobile payment support covers Apple Pay, Google Pay, Swatch Pay, LAKS Pay, and Bluecode.

Revenue is generated through interest income on lending and deposits, account and transaction fees, commission from insurance and investment product distribution, and leasing transaction fees. Distribution combines direct branch advisory sales with self-serve digital channels; technology integrations include Google Maps API, Piwik PRO analytics, PayLife card processing, UNION Investment, and IMMO CONTRACT for real estate referrals. Investment products and structured debt issued by the bank itself are also distributed.

Name

Volksbank Oberosterreich Ag

Legal name

Volksbank Oberösterreich AG

Website

https://vb-ooe.at

Company type

Private

Founded year

1909

Operating status

Operating

Headcount range

251–500 employees

Short description

Volksbank Oberösterreich AG is a cooperative regional bank headquartered in Wels, Upper Austria, offering retail, SME, and youth banking — including deposits, lending, investment, insurance distribution, and digital payments — across 20+ branches and the hausbanking digital platform.

Ownership category

akta.pro rank

Product category

Cooperative Banking

NAICS

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

SIC

Savings Institutions, Not Federally Chartered (6036)

akta.pro primary industry

Federations/Centrals & Cooperative Banking Networks (2nd-Tier Co-ops) (FSABAEAL)

Keywords

• Retail banking services
• Cooperative banking
• Mortgage lending
• Business banking
• Payment services

Headquarters

HQ city

Wels

HQ country

Austria

HQ region

Europe

Offices23 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: Traditional banking revenue from interest rate spreads on lending (mortgages, consumer loans, business financing) and interest paid on customer deposits
2. Account and Transaction Fees: Monthly account fees, transaction charges, debit/credit card fees, and payment processing revenue
3. Insurance Distribution: Commission revenue from distributing insurance products (life, property, accident, health, legal protection, vehicle) through partnership with ERGO Versicherung
4. Investment Products Distribution: Distribution of securities, funds, bonds, and investment products with associated fees and commissions
5. Leasing Services: Vehicle and equipment leasing through partnerships for private and business customers

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Volksbank Oberosterreich AG is a regional cooperative bank headquartered in Linz, Upper Austria, providing retail banking, business banking, mortgage and construction financing, leasing, insurance, and investment products. It operates a network of around 86 branches complemented by its proprietary hausbanking online and mobile banking platform.

Product overview

Volksbank Oberösterreich AG is a cooperative banking institution operating as part of the Austrian Volksbanken Verbund, offering a comprehensive suite of financial services through both digital and physical channels. The bank's digital banking ecosystem centers on the hausbanking platform (online banking) and associated mobile applications (hausbanking App, ID-App, Pay-App, Quick-App), complemented by an extensive network of branches across Upper Austria. The core banking product portfolio spans personal and business current accounts (Girokonto, Geschäftskonto, Jugendkonto/Studentenkonto/Lehrlingskonto), card products (Debitkarte, Kreditkarten including Business Gold), and savings/investment solutions (Save & Cash, Fondssparen, Kombisparen, Anlageprodukte). Credit offerings include consumer lending (Der faire Credit), mortgages (Wohnbaukredit, Immobilienfinanzierung), and business financing (Betriebsmittel, Investitionskredit, Factoring, KFZ-Leasing). Insurance products are distributed through ERGO partnership including life, property, accident, legal protection, and automotive coverage (MobilER GO). Additional services include securities trading (Anleihen, Fonds, Edelmetalle), research publications, real estate search via IMMO CONTRACT, business formation support, and sustainability advisory guides. Payment capabilities are enhanced through mobile wallet integrations (Apple Pay, Google Pay, Swatch Pay, LAKS PAY, Bluecode) and instant payment transfers (Echtzeitüberweisung). The bank serves private individuals, youth segments, and corporate/business customers with tailored product bundles and advisory services.

Differentiator

Problem solved

Functional benefit

Products and services

• Volksbank Girokonto
• Volksbank Jugendkonto
• Volksbank Geschaftskonto
• Wohnbaukredit
• Volksbank Sparkonto
• Volksbank Kreditkarten
• KFZ-Leasing
• Volksbank Wertpapierdepot
• hausbanking Online Banking
• Volksbank Bausparen
• Investmentfonds (3Banken-Generali / GARANTA)
• ERGO Insurance Solutions

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration13 records

AI capability1 record

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• ERGO Versicherung AGcoreChannel Partner/ Reseller/ DistributorInsurance partnership where ERGO provides insurance products (life, property, accident, health, legal protection, vehicle) that Volksbank distributes to its customers under the ERGO brand. The bank acts as an insurance broker/tied agent, earning commission revenue on policies sold. ERGO is a major Austrian insurance company.
• TeamBank ÖsterreichminorOthersConsumer banking partner mentioned in customer service offerings. TeamBank provides certain consumer lending or banking products that may be offered through Volksbank channels.
• UNION InvestmentminorOthersInvestment fund partner providing investment products that are distributed through Volksbank branches and digital platforms.
• IMMO CONTRACTminorOthersReal estate platform partner referenced for property search functionality and real estate financing services.
• PayLife (Bankomatkarte)coreTechnology or IntegrationCard payment services provider for debit and credit card processing. PayLife handles the technical infrastructure for card transactions and ATM withdrawals.
• Österreichischer Genossenschaftsverband (ÖGV)coreStrategic or Co-development PartnerThe Austrian Cooperative Association is the umbrella organization and statutory auditor for Volksbank Oberösterreich as a cooperative-structured bank. ÖGV also operates theombudsstelle for dispute resolution. The bank is a member of the Volksbanken Kreditinstitute-Verbund.
• Volksbank Wien AGcoreStrategic or Co-development PartnerCentral organization of the Austrian Volksbanken-Verbund. Volksbank Wien acts as the central institution coordinating the network of regional cooperative banks, providing shared services, product platforms, and regulatory compliance frameworks.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Volksbank Steiermark AG: Regional Volksbank serving Styria with retail and SME banking under the same cooperative Verbund structure as Volksbank Oberösterreich. Comparable in business model, regulatory framework, and product mix.
• Raiffeisenlandesbank Oberösterreich AG: Regional central institution of the Raiffeisen cooperative banking group in Upper Austria. Operates the same cooperative retail/SME banking model in the same geography and competes directly for the same household and business customers.
• Sparkasse Oberösterreich: Regional savings bank serving Upper Austria with retail, SME, and private banking services. Competes directly with Volksbank Oberösterreich for retail deposits, mortgages, and SME financing in the same metropolitan and rural markets.
• Volksbank Wien AG: Central organization of the Austrian Volksbanken Verbund and a strategic partner of Volksbank Oberösterreich. Both operate under the same cooperative banking model, share product platforms, and target retail and SME customers in Austria.
• Oberbank AG: Regional Austrian bank also headquartered in Upper Austria (Linz), offering retail, SME, and corporate banking. Directly comparable in geography, customer segments, and product breadth, making it the closest head-to-head competitor in the bank's home market.
• Volksbank Niederösterreich AG: Sister Volksbank within the Volksbanken Verbund, operating as a regional cooperative bank in Lower Austria. Highly comparable in product portfolio, ownership structure, and Verbund integration; differs mainly by geography.

Broad incumbents

• BAWAG Group AG: Major publicly listed Austrian retail and SME bank with strong digital and branch channels. Competes across retail deposits, consumer credit, and SME lending in Upper Austria and applies aggressive pricing that pressures regional banks.
• Bank Austria (UniCredit): UniCredit's Austrian subsidiary offering universal retail, corporate, and investment banking nationwide. Competes for Upper Austrian retail and SME customers and serves as a broad incumbent against which Volksbank Oberösterreich differentiates via cooperative relationship banking.
• Erste Group Bank AG: Largest retail banking group in Austria and Central Europe with national branch network and full product suite. Competes with Volksbank Oberösterreich in retail, SME, and mortgage lending across Upper Austria but operates at a fundamentally larger scale.

Regional players

• HYPO Oberösterreich (Hypo-Bank Oberösterreich): Upper Austrian regional bank specializing in real estate and corporate financing with retail deposit products. Targets overlapping retail and SME customers in the same geography and competes particularly in mortgage and commercial lending.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xtiktok.com/@volksbankat
• Facebookfacebook.com/ooe.volksbanken
• LinkedInlinkedin.com/company/volksbank-ober%C3%B6sterreich-ag
• Instagraminstagram.com/volksbank_ooe

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Oberosterreich Ag