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Germany
1869 (157 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
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.
Get to know Volksbank Franken eG
Company Information
Get to know Volksbank Franken eG
Volksbank Franken eG is a member-owned cooperative bank headquartered in Wertheim, Germany. Operating under the cooperative principle of "what one cannot achieve alone, many can achieve together," the bank focuses on serving the local community and its members. It was formed through the merger of several regional cooperative banks, with a history dating back to 1867. The bank offers comprehensive banking products, including checking and savings accounts, loans and financing, real estate services, investment advice, and insurance products for both individual and business customers in its service area.
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