Volksbank Bremen-nord Eg

What Volksbank Bremen-nord Eg does

Volksbank Bremen-Nord eG is a German cooperative bank (eingetragene Genossenschaft) headquartered in Bremen, serving retail and business customers across the Bremen-Nord district. The bank operates multiple physical branches (Geschäftsstellen) supplemented by digital channels including OnlineBanking, the VR Banking App (iOS/Android), VR SecureGo plus for two-factor authentication, and an Online-Geschäftsstelle digital branch for remote product acquisition and service requests. Its product set spans giro accounts (Girokonto, Geschäftskonto), a tiered card portfolio (BasicCard, DirectCard, ClassicCard, GoldCard, VR-GoldKombi, ExclusiveCard) under Mastercard and Visa, overdraft facilities (Dispokredit at 10.85%/13.85% variable), and the Unternehmerkredit business loan up to €100,000. Non-core products are distributed through cooperative financial group partnerships: TeamBank's easyCredit consumer credit, R+V Versicherung insurance, Union Investment funds, and Bausparkasse Schwäbisch Hall building society products. The bank also operates the 'Viele schaffen mehr' community crowdfunding platform with bank co-funding support.

The bank's revenue model combines net interest income from lending and deposit margins with commission and fee income from account maintenance, card transactions, and partner-distributed insurance, investment, and credit products. Customer segments are organized into Privatkunden (retail), Firmenkunden (SMB/corporate), and Genossenschaftsmitglieder (cooperative members with voting rights in the Vertreterversammlung); the bank reported 6,731 members as of 31.12.2024. The member-owned cooperative structure, regional focus, and integration into the Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken network define its strategic posture. Distribution is multi-channel: physical branches for advisory-led sales, the VR Banking App and OnlineBanking for self-service, the Online-Geschäftsstelle for digital product acquisition, and partner customer portals for specialized products. Marketing emphasizes regional community engagement, cooperative governance participation, and member benefits such as MeinPlus Cashback.

Name

Volksbank Bremen-nord Eg

Legal name

Volksbank Bremen-Nord eG

Website

https://vbbremennord.de

Company type

Private

Operating status

Operating

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Credit Unions (522130)

SIC

Personal Credit Institutions (6141)

akta.pro primary industry

Digital Account Opening & Onboarding (eKYC, eSignature, Origination) (FSAGAAAB)

Keywords

• Cooperative banking
• Retail banking services
• Business banking services
• Payment processing solutions
• Cooperative financial services

Headquarters

HQ city

Bremen

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 rate margins on lending products (mortgages, personal loans, business loans, overdraft facilities) and interest paid on customer deposits
2. Commission and Fee Income: Fees from account maintenance, card transactions, payment services, foreign currency exchange, and insurance product distribution through R+V and other partners
3. Insurance Distribution: Commission revenue from distributing insurance products through R+V Versicherung partnership for both retail and business customers
4. Investment Product Distribution: Distribution of investment and savings products through Union Investment and Schwäbisch Hall partnerships, generating commission income
5. Credit Product Distribution: Distribution of consumer credit products (easyCredit from TeamBank) and business loans through the bank's customer base, earning referral commissions

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

Volksbank Bremen-Nord eG is a regional cooperative bank (eingetragene Genossenschaft) offering retail and commercial banking services in the Bremen-Nord area of Germany. Its core offering centers on current accounts (Girokonto for retail and Geschäftskonto for businesses), a full credit and debit card portfolio (BasicCard, DirectCard, ClassicCard, GoldCard, ExclusiveCard), lending products (Dispokredit, Unternehmerkredit, easyCredit), insurance distribution via R+V, investment products via Union Investment, and digital banking channels including the VR Banking App, OnlineBanking and Online-Geschäftsstelle.

Product overview

Volksbank Bremen-Nord eG is a cooperative bank offering a comprehensive suite of banking products and services for both retail and business customers. The core offering centers on the Girokonto (checking account) accessible through multiple channels: the VR Banking App for mobile banking and contactless payments, OnlineBanking for internet-based account management, and the Online-Geschäftsstelle for digital account opening and service requests. The card portfolio includes debit and credit cards under the BasicCard, DirectCard, ClassicCard, GoldCard, VR-GoldKombi, and ExclusiveCard brands from Mastercard and Visa. For lending, the bank offers its own Dispokredit (overdraft facility) and partners with TeamBank for the easyCredit instant credit product. Business banking includes Geschäftskonto, Unternehmerkredit up to 100,000 EUR, Direktversicherung (company pension), and cashless payment solutions. Insurance products are available through R+V partnerships. The bank also offers crowdfunding via the "Viele schaffen mehr" platform, membership programs including MeinPlus Cashback, and travel health insurance.

Differentiator

Problem solved

Functional benefit

Brands

• easyCredit: A flexible instant credit product offered in partnership with TeamBank AG, featuring a revolving credit line with financial flexibility.
• VR Banking App

Products and services

• Girokonto Standard retail checking account offered in multiple account models (VR-Komfort, VR-Klassik, VR-Smart) for managing personal finances, accessible via online and mobile banking.
• Geschäftskonto Business checking account for small and medium enterprises to manage payments and business finances, available to Firmenkunden.
• Dispokredit Arranged overdraft facility allowing customers to overdraw their current account up to an approved limit based on creditworthiness; 10.85% variable annual interest rate for authorized overdraft and 13.85% for tolerated/exceeded overdraft.
• easyCredit Flexible instant credit product offered in partnership with TeamBank AG, featuring a revolving credit line where customers only pay interest on drawn amounts; available online, in-branch, or by phone. Awarded 'Fairster Kreditgeber' by FOCUS MONEY and 'Bester Ratenkredit' by BankingCheck Award 2025.
• easyCredit+ App Mobile companion app for easyCredit that enables fund withdrawals, rate adjustments, and balance inquiries.
• Unternehmerkredit Business credit facility offering up to 100,000 EUR for new plans or deferred projects for small businesses and entrepreneurs.
• BasicCard Entry-level debit card on a credit basis for beginners, with worldwide acceptance and an annual fee of 36.00 EUR.
• DirectCard Debit card with immediate deduction of funds after payment, aimed at security-conscious users; annual fee of 36.00 EUR.
• ClassicCard Standard credit card for versatile users wanting classic credit card benefits, with monthly billing and 4% travel bonus; annual fee of 36.00 EUR.
• GoldCard Premium credit card for demanding customers including extensive insurance coverage (travel, cancellation, medical) and 7% travel bonus; foreign currency exchange at Reisebank without fees; annual fee of 84.00 EUR.
• VR-GoldKombi Combined gold credit card package with annual fee of 90.00 EUR that combines features of the GoldCard with additional benefits and insurance coverage.
• ExclusiveCard Top-tier credit card in black metal or wood finish including concierge service 24/7, VIP lounge access, comprehensive travel insurance, and 7% travel and ticket service cashback; annual fee of 360.00 EUR.
• Bargeldlos kassieren Cashless payment solution for businesses providing card payment processing at favorable rates for merchants.
• Unternehmensnachfolge Succession planning advisory service for business owners addressing financial and asset-related questions during ownership transitions.
• Direktversicherung Company pension scheme (betriebliche Altersvorsorge) offered through R+V Versicherung for employee retirement planning.
• Versicherungsprodukte für Firmenkunden Insurance products for businesses and their employees to protect companies and their workforce, distributed via R+V Versicherung.
• Auslandsreise-Krankenversicherung International travel health insurance protecting travellers against high medical costs abroad, distributed via R+V Versicherung.
• MeinPlus Cashback Cooperative member loyalty program offering rebates, discounts, and additional benefits for the bank's 6,731 members.
• Crowdfunding (Viele schaffen mehr) Donation-based crowdfunding platform connecting community members to financially support charitable project ideas in the Bremen-Nord region; the bank provides co-funding support to projects meeting minimum funding goals.

Quantifiable outcome

• 6,731 members as cooperative owners (as of 31.12.2024)
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered core.

• TeamBank AGcoreChannel Partner/ Reseller/ DistributorTeamBank AG is the provider of the easyCredit instant credit product distributed by Volksbank Bremen-Nord eG. The product offers flexible financing with a credit line model where customers only pay interest on drawn amounts. easyCredit has been recognized as 'Fairster Kreditgeber' by FOCUS MONEY and 'Bester Ratenkredit' by BankingCheck Award 2025.
• R+V VersicherungcoreChannel Partner/ Reseller/ DistributorR+V Versicherung is the primary insurance partner providing health, property, liability, and other insurance products distributed through the bank. Special member rates (Mitglieder-Versicherungen) and member-exclusive Gesundheitsvorsorge (health prevention) packages are offered.
• Union InvestmentcoreChannel Partner/ Reseller/ DistributorUnion Investment provides investment and fund products accessible through the UnionFondsOnline portal. The partnership enables customers to access mutual funds and investment services as part of their wealth management needs.
• Bausparkasse Schwäbisch HallcoreChannel Partner/ Reseller/ DistributorSchwäbisch Hall building society provides home savings and construction financing products. Customers can access their accounts through the bank's linked Meinkonto portal for building society services.
• MastercardcoreTechnology or IntegrationMastercard provides debit and credit card infrastructure including BasicCard, ClassicCard, GoldCard, and ExclusiveCard products. Services include Mastercard Identity Check for secure online transactions, contactless payment, and mobile wallet integration. The Naturliebe (Nature Love) sustainable card option supports Greensurance Foundation and Treemer gGmbH environmental projects.
• VisacoreTechnology or IntegrationVisa provides debit and credit card infrastructure including DirectCard and various Visa-branded cards. Services include Visa Secure for online transaction authentication, contactless payment, and mobile wallet support. Visa cards are available with Standard, Leuchtkraft (Radiance), and Heimatplanet (Home Planet) design options.
• Viele schaffen mehr (Crowdfunding Platform)coreStrategic or Co-development PartnerThe 'Viele schaffen mehr' crowdfunding platform connects community project initiators with supporters. The bank provides Co-Funding support where projects meeting their minimum funding goal receive additional bank support. The platform has attracted over 1 million supporters across the Volksbanken Raiffeisenbanken network and supports local sustainability goals.
• DZ BankcoreStrategic or Co-development PartnerDZ Bank is the central institution for cooperative banks in Germany (Zentralinstitut der Genossenschaftsbanken). It provides various services including card product development support for Mastercard and Visa offerings. The partnership enables access to resources, research, and infrastructure shared across the cooperative banking network.
• VR-NetWorld GmbHcoreTechnology or IntegrationVR-NetWorld provides the digital infrastructure and software solutions for the bank's online services including VR Banking App, VR SecureGo plus authentication, and the VR Entertain entertainment portal. Video content production for the cooperative banking network.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• DKB (Deutsche Kreditbank): Germany's largest direct bank with a national retail and SME current-account franchise, offering giro accounts, cards, and consumer credit — competing for the same regional banking customers but operating without a physical branch network.
• TARGOBANK: German consumer and SME bank with a strong installment credit, current account, and card offering — directly competitive in the consumer credit and giro account categories where easyCredit and Volksbank products compete.
• ING-DiBa (ING Germany): Major national direct bank with a free current account, consumer credit, and investment products, providing strong price competition for retail deposits and small business banking customers in Bremen-Nord.

Direct peers

• Sparda-Bank Hamburg: Cooperative bank for the public-sector / affinity segment with a comparable branch and digital offering, serving retail customers in a defined regional market similarly to Volksbank Bremen-Nord eG.
• Sparkasse Bremen: Regional public-sector savings bank serving the same Bremen metropolitan area with retail and SME banking, current accounts, cards, and lending — directly competing with Volksbank Bremen-Nord eG for the same local customer base.
• Berliner Volksbank: Large German cooperative bank (Volksbank) operating under the same Genossenschaftliche FinanzGruppe model with member ownership, branch distribution, and equivalent product line-up (Girokonto, cards, R+V insurance, easyCredit).
• Volksbank Mittelhessen: Mid-sized German cooperative bank with full retail, SME, and wealth offering, sharing the same BVR affiliation, VR Banking App infrastructure, and partner distribution model for easyCredit, R+V, and Union Investment.
• Vereinigte Volksbank (Hamburger Volksbank): Regional cooperative bank from the same Volksbanken Raiffeisenbanken network, offering giro accounts, cards, cooperative membership, and partner-distributed insurance and investment products in a defined regional catchment.

Emerging players

• N26: Germany-headquartered mobile-first neobank targeting retail and freelancer customers with a digital giro account and Mastercard cards, competing for younger and digital-native deposits in the same regional catchment.

Others

• DZ Bank: Central institution (Zentralinstitut) of the Genossenschaftliche FinanzGruppe and a core partner to Volksbank Bremen-Nord eG, providing card product infrastructure, treasury, and inter-bank services that the bank depends on for its Mastercard and Visa offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

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 Volksbank Bremen-nord Eg