Hannoversche Volksbank

Hannoversche Volksbank is a regional cooperative bank based in Germany. Its main activity is to provide banking and financial services to individual, professional, business, and institutional clients. It offers a wide range of products and services, including current accounts, savings solutions, mortgage and consumer loans, financial investments, insurance, and wealth management services. The bank primarily targets the local and regional market, focusing on individuals, SMEs, craftsmen, farmers, and associations in the Hanover region and its surroundings. Its cooperative model emphasizes proximity, trust, and personalized support for its members and clients.

The Hannoversche Volksbank is a German cooperative bank based in Hanover, which is part of the Volksbanken Raiffeisenbanken network. Its history is rooted in the tradition of German cooperative banks, founded to support the local economy and individuals through cooperation and solidarity.

Key stages of its development:

• Founding: Hannoversche Volksbank was founded in the context of the German cooperative movement, initiated in the 19th century by Friedrich Wilhelm Raiffeisen and Hermann Schulze-Delitzsch. These banks aimed to provide accessible financial services to craftsmen, farmers, and small businesses.
• Regional development: Over the decades, the bank expanded its branch network in the Hanover region and its surroundings, becoming a major player in local financing.
• Products and services: Today, the bank offers a wide range of products for individuals (current accounts, savings, loans, insurance, digital services) and businesses (business accounts, loans, payment solutions, support for business transfers, etc.). It has also adapted to technological changes with online banking and mobile app offerings.
• Partnerships: As a member of the Volksbanken Raiffeisenbanken group, Hannoversche Volksbank benefits from partnerships with other cooperative financial institutions, such as DZ Bank, Bausparkasse Schwäbisch Hall (home savings), and partner insurance companies.
• Acquisitions and mergers: Like many cooperative banks, Hannoversche Volksbank has undergone mergers with other regional banks to strengthen its position and expand its customer base.
• Strategic changes: The bank has focused on the digitalization of its services, closeness to its customers (both physical and digital), and financial education, notably through initiatives such as the "Finanzbildungstage" (financial education days).
• Recognition: It was recognized as "Beste Hausbank 2025" (best local bank in Hanover) by Handelsblatt, highlighting the quality of its customer service and its local roots.

Today, Hannoversche Volksbank positions itself as a modern bank, committed to regional development, digital innovation, and cooperation, true to its founding values of solidarity and proximity.

Hannoversche Volksbank eG
Founder: Hannoversche Volksbank eG is a cooperative bank, historically founded on the model of the Volksbanken/Raiffeisenbanken banks in Germany. It does not have a single founder, but results from the cooperative tradition initiated by Friedrich Wilhelm Raiffeisen and Hermann Schulze-Delitzsch in the 19th century.

Main members of the management board (Vorstand):

• Jürgen Wache (Chairman of the Management Board / Vorstandsvorsitzender)
• Daniel Haartz (Vice-Chairman of the Management Board / stellv. Vorstandsvorsitzender)
• Matthias Battefeld (Member of the Management Board)
• Marcus Hölzler (Member of the Management Board)
• Anne Mahler (Deputy Member of the Management Board / stellvertretend)

Chairman of the Supervisory Board (Aufsichtsrat): Dr. Alexander Kind

Head office: Kurt-Schumacher-Straße 19, 30159 Hannover, Germany