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Get to know Volksbank Herford-Mindener Land

Volksbank Herford-Mindener Land eG is a regional cooperative bank headquartered in North Rhine-Westphalia, Germany. As a cooperative institution, it is owned by its members, who are also its customers. The bank's history is rooted in the merger of several local cooperative banks, guided by the principle of "What one person cannot achieve alone, many can achieve together." It offers a full range of financial services, including retail and business banking, loans, mortgages, investments, insurance, and private banking, with a strong focus on serving the local community and economy of the Herford and Minden-Lübbecke districts.

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Volksbank Herford-Mindener Land

Germany

Founded in

1884 (142 Years)

Founded

Last online: No recent activity

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A Grade License

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B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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