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The Volksbank Group (German pronunciation: [ˈfɔlksˌbaŋk ɡɹuːp], lit. ' People's Bank Group ') is a cooperative banking group in Austria, whose central entity is Vienna-based Volksbank Wien AG. It includes seven other regional banks as well as a specialized bank for the health professions in Austria.
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that customers ...
Hermann Schulze-Delitzsch (1808–1883) Friedrich Wilhelm Raiffeisen (1818–1888) Wilhelm Haas (1839–1913) In 1843, the first German cooperative bank was created by 50 inhabitants of Öhringen in the Kingdom of Württemberg, who named it the Öhringer Privatspar- und Leihkasse ("private savings and lending bank of Öhringen") – it still exists as the Volksbank Hohenlohe [].
The Volksbank Bielefeld-Gütersloh eG is a German regional cooperative bank based in the East Westphalian district town of Gütersloh.As of 2018, it had a balance sheet total of €4.44 billion, the third-largest Volksbank in North Rhine-Westphalia, and with 108,600 members, the largest association of individuals in the Ostwestfalen-Lippe region.
b Banca Transilvania acquired Volksbank Group's Romanian subsidiary in 2015. c UniCredit Bank acquired Royal Bank of Scotland's Romanian subsidiary in 2015. d Raiffeisen Bank acquired Citibank's retail banking operations in 2013. e OTP Bank acquired Millennium BCP's Romanian subsidiary in 2015.
Online banking is an Internet-based option offered by regular banks. In the United States, direct banks are defined as online/branchless institutions with federal banking charters, with either the Federal Reserve Board, the Office of the Comptroller of the Currency or the Federal Deposit Insurance Corporation (FDIC) as their primary regulator.
Volksbank means "people's bank" in Afrikaans, Dutch and German. It generally refers to a form of cooperative banking. Specifically, Volksbank may refer to: Volksbank Group in Austria; Volksbank van Leuven, a now-disappeared bank at the root of KBC Group in Belgium; banks named Volksbank within the German Cooperative Financial Group
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