display
Frankfurt / Main (dpa) - The joint branch network of Frankfurter Volksbank and Taunus Sparkasse is complete.
The two institutes operate 26 branches in the nationwide unique nationwide cooperation.
A good year after the opening of their first “Finanzpunkt”, the partners drew a positive balance on Thursday.
The customers had accepted the model with overwhelming success, reported the CEO of Frankfurter Volksbank, Eva Wunsch-Weber, and her colleague from Taunus Sparkasse, Oliver Klink, in Frankfurt.
Of the 26 branches, 9 are self-service locations; in the 17 branches with staff, Volksbank and Sparkasse share the opening times.
The partners presented their concept in autumn 2019. On December 19, 2019, Germany's second largest Volksbank and the much smaller Taunus Sparkasse opened their first joint branch with a new design.
The example seems to be catching on in Germany.
According to the information, a “financial point” of the Raiffeisenbank Oberpfalz Nordwest and the Sparkasse Oberpfalz Nord was recently opened in Weiden in the Upper Palatinate.
In the meantime, more than ten institutes across Germany have shown an interest in the model, reported Wunsch-Weber and Klink.
display
That banks from different camps work so closely together on such a large scale is a novelty.
The concept is a response to the fact that many bank customers hardly ever go to the branch.
The trend towards digital offers has intensified during the corona pandemic.
© dpa-infocom, dpa: 210311-99-776790 / 2
Information on joint branches ("financial points")
display
Frankfurter Volksbank on the 2020 balance sheet
Frankfurter Volksbank in profile
Annual reports Frankfurter Volksbank
display
BVR facts and figures on the cooperative banking group
Press website Taunus Sparkasse