PSD Bank Karlsruhe-Neustadt eG

What PSD Bank Karlsruhe-Neustadt eG does

PSD Bank Karlsruhe-Neustadt eG is a German regional cooperative bank (eingetragene Genossenschaft) headquartered in Karlsruhe at Philipp-Reis-Str. 1, operating as part of the PSD Bank group within the broader Genossenschaftliche FinanzGruppe (Cooperative Financial Network). It serves private retail customers — not corporate or institutional clients — with a horizontal product mix spanning current accounts (PSD GiroDirekt), a layered savings portfolio (PSD WachstumsSparen up to 4.50% p.a., PSD TerminGeld at 2.75% p.a., PSD KapitalPlus, PSD SparDirekt Plus at 2.10% p.a., PSD SparBrief), real-estate and modernization lending (Baufinanzierung, PSD ImmoEnergie), personal loans (PSD PrivatKredit), and partner-distributed insurance and investment products from R+V Versicherung, Union Investment, Bausparkasse Schwäbisch Hall, TeamBank, and GENO Broker. Revenue is generated through traditional cooperative-bank mechanics: net interest spread on lending and deposits, account and card fees, transaction/service charges, and a cooperative membership model that allows online subscription of up to 30 business shares paying a 3.00% p.a. dividend. Distribution is digital-first via the PSD BankingApp (iOS/Android, refreshed October 2025) and the PSD OnlineBanking portal, supplemented by telephone service and the regional Karlsruhe presence, with marketing channels spanning the website, an email newsletter and customer magazine 'Einblick', and recognition as 'Beliebteste Regionalbank' (Most Popular Regional Bank) by Euro Wirtschaftsmagazin.

Name

PSD Bank Karlsruhe-Neustadt eG

Legal name

PSD Bank Karlsruhe-Neustadt eG

Website

https://psd-karlsruhe-neustadt.de

Company type

Private

Founded year

1872

Operating status

Operating

Short description

PSD Bank Karlsruhe-Neustadt eG is a Karlsruhe-based German cooperative bank (eG) that serves private retail customers with current accounts, multi-tier savings products, mortgage and personal loans, and partner-distributed insurance and investment products, delivered through a digital-first PSD BankingApp and online portal within the Genossenschaftliche FinanzGruppe.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Savings Institutions and Other Depository Credit Intermediation (522180)

SIC

Savings Institutions, Not Federally Chartered (6036)

akta.pro primary industry

Deposit Operations (Account Maintenance, Fees, Reconciliations) (FSABALAE)

Keywords

• Retail banking services
• Cooperative banking
• Savings products
• Mortgage lending
• Digital banking

Headquarters

HQ city

Karlsruhe

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: Traditional banking revenue from lending activities including mortgages, personal loans, and credit products. Interest rates offered include Baufinanzierung (mortgage loans), Modernisierungskredit (renovation loans), PSD PrivatKredit (personal loans), and Anschlussfinanzierung (follow-up financing)
2. Deposit and Savings Products: Revenue generated through spread between lending and deposit rates. Products include PSD WachstumsSparen (growth savings), PSD TerminGeld (term deposits), PSD KapitalPlus, PSD SparBrief, and PSD SparDirekt Plus
3. Fee-based Services: Account management fees, card fees, transaction fees, and service charges for banking services including the PSD BonusProgramm loyalty rewards
4. Membership Contributions: As a cooperative bank (eG), revenue includes membership shares. Members can hold up to 30 business shares with potential 3.00% dividend p.a.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

PSD Bank Karlsruhe-Neustadt eG is a regional cooperative bank providing private retail customers with current accounts (PSD GiroDirekt), savings and investment products (PSD WachstumsSparen, PSD TerminGeld, PSD KapitalPlus, PSD SparDirekt Plus, PSD SparBrief), mortgage and real estate financing (Baufinanzierung, PSD ImmoEnergie modernization loans), personal loans (PSD PrivatKredit), and digital banking through the PSD BankingApp and OnlineBanking portal with Wero mobile payments and the FinanzLotse financial guide. The bank also offers cooperative membership shares with up to 30 business shares and a 3.00% p.a. dividend.

Product overview

PSD Bank Karlsruhe-Neustadt eG is a regional cooperative bank offering a comprehensive portfolio of banking products and digital services. The core offering centers on the PSD BankingApp mobile platform, which provides 24/7 financial management along with the FinanzLotse financial guide tool and Wero mobile payment functionality. The bank's product portfolio includes multiple savings products (PSD WachstumsSparen with up to 4.50% p.a., PSD TerminGeld at 2.75%, PSD KapitalPlus, PSD SparDirekt Plus, PSD SparBrief), current account products (PSD GiroDirekt with bonus incentives), loan products (Baufinanzierung/real estate financing, PSD ImmoEnergie modernization loans, PSD PrivatKredit), and membership/cooperative shares. Additional services include the PSD BonusProgramm loyalty program, Kontenwechselhilfe account switching service, and the Newsletter & Kundenmagazin 'Einblick' customer publication. The bank serves private customers in the Karlsruhe region.

Differentiator

Problem solved

Functional benefit

Brands

• PSD BankingApp: Mobile banking application for managing finances on-the-go with features including FinanzLotse, Wero payments, and account management
• PSD WachstumsSparen
• PSD TerminGeld
• PSD KapitalPlus
• PSD SparDirekt Plus
• PSD SparBrief
• PSD GiroDirekt
• PSD ImmoEnergie
• PSD PrivatKredit
• PSD BonusProgramm
• Einblick
• FinanzLotse

Products and services

• PSD BankingApp Mobile banking application for iOS and Android that enables private customers to manage their finances anytime and anywhere, featuring the Wero payment function and the FinanzLotse financial guide tool.
• PSD GiroDirekt (Girokonto) Smart current account (Girokonto) with discounts and benefits, offered as a salary account with a permanent upgrade and a 75 Euro bonus for private customers.
• PSD WachstumsSparen Savings product offering up to 4.50% p.a. interest over a fixed period, allowing private customers to grow their wealth with rising rates.
• PSD TerminGeld Term deposit product offering 2.75% p.a. for 12 months when depositing new money from another bank.
• PSD KapitalPlus Long-term savings product with guaranteed interest rates of 2.55% p.a. over 6 years or 3.00% p.a. over 10 years, without currency risk.
• PSD SparDirekt Plus Special savings promotion offering 2.10% p.a. total interest for a 12-month secure investment period.
• PSD SparBrief Savings bond with guaranteed fixed interest rates and no market or currency risk.
• Baufinanzierung Real estate financing and mortgage services for residential property buyers, currently featuring a summer action (until September 16, 2026) waiving the condition surcharge for additional collateral properties.
• PSD ImmoEnergie (Modernisierungskredit) Modernization loan for energy-efficient renovation or property value enhancement of residential real estate.
• PSD PrivatKredit Personal loan for private customers to finance personal purchases such as a camping bus or travel.
• PSD BonusProgramm Bonus program offering long-term benefits and discounts for PSD customers as a loyalty reward scheme tied to the current account relationship.
• Mitgliedschaft (Cooperative Membership) Cooperative membership product allowing private customers to subscribe online to up to 30 business shares and receive a dividend of 3.00% p.a.
• PSD OnlineBanking Portal Web-based banking portal for managing accounts, portfolios, and contracts digitally for private customers.
• Kontenwechselhilfe Statutory account switching service that supports private customers in transferring their account to PSD Bank in accordance with the Payment Accounts Act (Zahlungskontengesetz).

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered minor.

• Bausparkasse Schwäbisch HallminorChannel Partner/ Reseller/ DistributorPartnership for building society products. Bausparkasse Schwäbisch Hall provides building savings and home financing products through PSD Bank's distribution channels. Customers can access wider home financing solutions.
• R+V VersicherungminorChannel Partner/ Reseller/ DistributorInsurance products partnership. R+V Versicherung offers insurance products that can be distributed through PSD Bank's customer base and channels.
• TeamBankminorChannel Partner/ Reseller/ DistributorPartnership for consumer credit products. TeamBank provides easyCredit installment loans that can be offered to PSD Bank customers.
• Union InvestmentminorChannel Partner/ Reseller/ DistributorInvestment fund products partnership. Union Investment provides investment fund products that PSD Bank offers to customers seeking investment opportunities beyond traditional savings.

Recent moves6 records

Expansion highlights5 records

Emerging players

• N26 Bank GmbH: Berlin-based neo-bank targeting digitally-native German retail customers with mobile-first checking, payments and savings — competing for the same customer segment PSD Bank Karlsruhe-Neustadt targets via its PSD BankingApp.

Direct peers

• PSD Bank Berlin-Brandenburg eG: Another PSD Bank group member targeting private retail customers in Berlin/Brandenburg with deposits, mortgage lending and the PSD BankingApp platform — directly comparable in scope, product offering and distribution model.
• PSD Bank Rhein-Ruhr eG: PSD Bank group institution serving private customers in the Rhein-Ruhr region; offers a near-identical mix of savings, mortgage, and digital banking products, making it a directly comparable retail cooperative bank.
• PSD Bank Nord eG: Regional PSD cooperative bank serving northern Germany with private retail banking, deposits, and real estate financing — directly comparable in customer focus, scale, and product breadth.
• Sparda-Bank Baden-Württemberg eG: Stuttgart-based retail cooperative bank focused on private customers in Baden-Württemberg with savings, checking, and mortgage products — a directly comparable regional cooperative retail bank with overlapping catchment.
• PSD Bank München eG: Sister bank within the PSD Bank group serving retail customers in the Munich region with the same digital banking, savings, and mortgage product set — the most directly comparable peer in terms of product menu, customer segment, and cooperative structure.

Broad incumbents

• DKB (Deutsche Kreditbank AG): Major German direct/online retail bank with checking, savings, brokerage and mortgage offerings — directly overlaps with PSD Bank's digital retail proposition but at substantially larger scale.
• Volksbank eG – Die Gestalterbank: Larger regional cooperative bank (Volksbanken Raiffeisenbanken group) with a full retail and SME suite; broader footprint and balance sheet than PSD Karlsruhe-Neustadt but overlapping customer base and cooperative governance model.
• ING-DiBa AG: Germany's largest direct bank and a leading retail competitor with savings, brokerage, mortgage and consumer lending products — broader incumbent that competes with PSD Bank for the same digital retail customers.

Others

• Bausparkasse Schwäbisch Hall AG: Building society partner that already distributes through PSD Bank; comparable in mortgage and home-savings product design and represents a channel partner as well as an adjacent competitive threat in real estate financing.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/psd-kn

Compliance6 records

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 PSD Bank Karlsruhe-Neustadt eG