Fusion of the VR banks: Future secured without layoffs!
Fusion of the VR banks: Future secured without layoffs!
Lauterbach, Deutschland - The banking landscape in Hessen is reorganized by the merger of VR Bank Hessenland and Volksbank Lauterbach-Schlitz. Last weekend this significant decision was made with impressive support: 99.6 % of the votes came from VR Bank, while the Volksbank even voted 100 % of the vote for the merger. This means that the course stands for a common path under the roof of the future VR Verbundbank eG.
Fortunately, there is no need to worry about jobs - both layoffs and branch closures are not provided. Employee satisfaction remains a central concern of the new bank. The two banks, which are characterized by solid support and a pleasant risk situation, have set themselves ambitious goals. The company focus remains on a dynamic orientation and a high level of decentralization, whereby the maintenance of the regionality and the retention of familiar contacts are in the foreground. As VR-Bank Hessenland, the VR Verbundbank eG should become a strong partner in the regions.strong balance and promising developments
The numbers of VR Bank Hessenland speak for themselves. In 2024, the supervised customer volume rose by 103 million euros to a whopping 3.8 billion euros. Customer deposits also increased by 50 million euros, which corresponds to an increase of 3.7 %. The interest in investments in securities cannot be overlooked - 71 million euros more show a growth rate of 8.1 % and 1,611 new customers in this segment.
In the building society shop, the bank even achieved a record level of 54 million euros. The new credendals rose by 20 % to 276 million euros and thus show the even distribution of the loan in the company and private customer business. The real estate portfolio comprises 35 projects with rich annual rental and lease income of 5.9 million euros. The profit after taxes was 18 million euros, with the equity ratio lying 18.9 % above the supervisory requirement of 11.9 %.
Supervisory Board structure and organizational synergies
After the merger, the supervisory board will include a total of 13 members, including four from Volksbank Lauterbach-Schlitz. Dr. remains at the top Constantin H. Schmitt as chairman of the supervisory board, while Detlef Krau acts on behalf of. Helmut Euler becomes the spokesman for the four -member board, while Norbert Lautenschläger is his deputy. In order to effectively implement the new structures, the integration of internal areas is planned, which promises a clear organizational structure and synergy effects.
The deadline for the full integration of the data budget into the new bank is November 15th, after entry in the cooperative register. Fusions like this are not only signs of change, but also means to meet challenges in the banking sector. According to a study by Deloitte, small and medium-sized institutions in particular have merged more in recent years. These mergers no longer only aim at cost reductions, but also on the improvement of services and the acquisition of qualified staff.
Overall, the merger of VR Bank Hessenland and Volksbank Lauterbach-Schlitz shows that regionally anchored banks have a good hand even in challenging times in order not only to strengthen their own position, but also to be there for their customers. These developments could form the basis for a blooming future in the financial landscape of Hesse.
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| Ort | Lauterbach, Deutschland |
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