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Cash Pool
CashPool is a cooperation of a multitude of smaller or virtual bank, virtual Germany, German private banks, in which they mutually waive ATM usage fees for their customers. It is not an interbank network but uses the pre-existing girocard, German ATM or Maestro (debit card), Maestro/Cirrus (interbank network), Cirrus networks. With more than 3200 ATMs, the cooperating banks' ATM networks form the smallest ATM group in Germany. The cooperation was founded in 2000. Its primary competitor in Germany is Cash Group. Background Most banks in Germany, while connected through the Girocard#ATM network, German ATM network, charge ATM usage fees for customers of other banks. In 1998, the six largest German private banks established Cash Group, mutually waiving these fees within the Group. After the formation, other private banks tried to join Cash Group but were not accepted into the Group. Being smaller than the six large private banks, they operated fewer ATMs and thus would have unil ...
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In economics, cash is money in the physical form of currency, such as banknotes and coins. In bookkeeping and financial accounting, cash is current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately (as in the case of money market accounts). Cash is seen either as a Reserve (accounting), reserve for payments, in case of a structural or incidental negative cash flow or as a way to avoid a downturn on financial markets. Etymology The English word "cash" originally meant "money box", and later came to have a secondary meaning "money". This secondary usage became the sole meaning in the 18th century. The word "cash" derives from the Middle French ''caisse'' ("money box"), which derives from the Old Italian ''cassa'', and ultimately from the Latin ''capsa'' ("box").. History In Western Europe, after the fall of the Western Roman Empire, coins, silver jewelry and hacksilver (silver objects hacked into pieces) were for centuries the ...
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Freiburg Im Breisgau
Freiburg im Breisgau (; abbreviated as Freiburg i. Br. or Freiburg i. B.; Low Alemannic German, Low Alemannic: ''Friburg im Brisgau''), commonly referred to as Freiburg, is an independent city in Baden-Württemberg, Germany. With a population of about 230,000 (as of 31 December 2018), Freiburg is the List of cities in Baden-Württemberg by population, fourth-largest city in Baden-Württemberg after Stuttgart, Mannheim, and Karlsruhe. The population of the Freiburg metropolitan area was 656,753 in 2018. In the Southern Germany, south-west of the country, it straddles the Dreisam river, at the foot of the Schlossberg (Freiburg), Schlossberg. Historically, the city has acted as the hub of the Breisgau region on the western edge of the Black Forest in the Upper Rhine Plain. A famous old German university town, and Roman Catholic Archdiocese of Freiburg, archiepiscopal seat, Freiburg was incorporated in the early twelfth century and developed into a major commercial, intellectual, an ...
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Frankfurt Am Main
Frankfurt, officially Frankfurt am Main (; Hessian: , "Frank ford on the Main"), is the most populous city in the German state of Hesse. Its 791,000 inhabitants as of 2022 make it the fifth-most populous city in Germany. Located on its namesake Main River, it forms a continuous conurbation with the neighboring city of Offenbach am Main and its urban area has a population of over 2.3 million. The city is the heart of the larger Rhine-Main metropolitan region, which has a population of more than 5.6 million and is Germany's second-largest metropolitan region after the Rhine-Ruhr region. Frankfurt's central business district, the Bankenviertel, lies about northwest of the geographic center of the EU at Gadheim, Lower Franconia. Like France and Franconia, the city is named after the Franks. Frankfurt is the largest city in the Rhine Franconian dialect area. Frankfurt was a city state, the Free City of Frankfurt, for nearly five centuries, and was one of the most import ...
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Degussa Bank
The Degussa Bank AG, based in Frankfurt, is a German universal bank. The balance sheet total is €6,106 million (2018). The Degussa Bank has more than 250 branches in Germany, mainly in industrial, business and technology parks as well as at corporate locations. Business areas The bank operates in two business areas: retail banking and corporate banking. In the private customer business, the bank focuses specifically on the employees of the partner companies at corporate locations. In the corporate customer business, the bank specializes in a range of financial services for the management of partner companies. These include, among other things, services in the corporate credit card business as well as services in the employee stock ownership business. As a partner to the companies close to where the Degussa Bank maintains branches, the bank develops services for these companies, for example in the field of travel management. The bank is admitted to trading on the stock exchange ...
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Düsseldorf
Düsseldorf ( , , ; often in English sources; Low Franconian and Ripuarian: ''Düsseldörp'' ; archaic nl, Dusseldorp ) is the capital city of North Rhine-Westphalia, the most populous state of Germany. It is the second-largest city in the state and the seventh-largest city in Germany, with a population of 617,280. Düsseldorf is located at the confluence of two rivers: the Rhine and the Düssel, a small tributary. The ''-dorf'' suffix means "village" in German (English cognate: ''thorp''); its use is unusual for a settlement as large as Düsseldorf. Most of the city lies on the right bank of the Rhine. Düsseldorf lies in the centre of both the Rhine-Ruhr and the Rhineland Metropolitan Region. It neighbours the Cologne Bonn Region to the south and the Ruhr to the north. It is the largest city in the German Low Franconian dialect area (closely related to Dutch). Mercer's 2012 Quality of Living survey ranked Düsseldorf the sixth most livable city in the world. Düsse ...
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KGaA
A limited partnership (LP) is a form of partnership similar to a general partnership except that while a general partnership must have at least two general partners (GPs), a limited partnership must have at least one GP and at least one limited partner. Limited partnerships are distinct from limited liability partnerships, in which all partners have limited liability. The GPs are, in all major respects, in the same legal position as partners in a conventional firm: they have management control, share the right to use partnership property, share the profits of the firm in predefined proportions, and have joint and several liability for the debts of the partnership. As in a general partnership, the GPs have actual authority, as agents of the firm, to bind the partnership in contracts with third parties that are in the ordinary course of the partnership's business. As with a general partnership, "an act of a general partner which is not apparently for carrying on in the ordinary c ...
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Karlsruhe
Karlsruhe ( , , ; South Franconian: ''Kallsruh'') is the third-largest city of the German state (''Land'') of Baden-Württemberg after its capital of Stuttgart and Mannheim, and the 22nd-largest city in the nation, with 308,436 inhabitants. It is also a former capital of Baden, a historic region named after Hohenbaden Castle in the city of Baden-Baden. Located on the right bank of the Rhine near the French border, between the Mannheim/ Ludwigshafen conurbation to the north and Strasbourg/Kehl to the south, Karlsruhe is Germany's legal center, being home to the Federal Constitutional Court (''Bundesverfassungsgericht''), the Federal Court of Justice (''Bundesgerichtshof'') and the Public Prosecutor General of the Federal Court of Justice (''Generalbundesanwalt beim Bundesgerichtshof''). Karlsruhe was the capital of the Margraviate of Baden-Durlach (Durlach: 1565–1718; Karlsruhe: 1718–1771), the Margraviate of Baden (1771–1803), the Electorate of Baden (1803–1806), th ...
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BBBank
The BBBank eG (formerly ''Badische Beamtenbank'') is a German cooperative bank headquartered in Karlsruhe (Baden-Württemberg). It is solely focused on private banking. With total assets of almost 11 billion Euros and over 470,000 members the bank is one of the biggest member banks in Germany. Profile The bank stands in the tradition of the ''Deutsche Beamtenbanken'' (German civil servant banks). For customers of the public sector there are specialists in the branches and the ''Direkt Bank''. Since the end of the 1960s private persons of all professions can become members. With over 130 branches the BBBank is the only cooperative retail bank that serves a nationwide business area. In areas where there is no local branch the bank can be accessed online via its ''Direkt Bank''. The business model of the BBBank is a low risk model that aims for sustainability. As a cooperative Institute no shareholder interests need to be taken into account. The bank can concentrate on the needs ...
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Werther, North Rhine-Westphalia
Werther is a town in the district of Gütersloh in the state of North Rhine-Westphalia, Germany. It is located near the Teutoburg Forest, approximately 10 km (6 miles) north-west of Bielefeld. It is best known for the Werther's Original caramel sweets, which are nowadays produced in the nearby city of Halle. Werther has one ''Gesamtschule'' and one ''Gymnasium'', which has an exchange partnership with a Yarm School, an independent school in Yarm, England. People * August Oberwelland August Oberwelland (born August Storck) was a German entrepreneur and the founder of confectionery manufacturer August Storck. Life August Oberwelland was owner of farm ''Oberwellandhof'' in Westphalia. Together with three workers he started h ..., entrepreneur, company founder References {{Gütersloh-geo-stub ...
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Hammelburg
Hammelburg is a town in Bavaria, Germany. It sits in the district of Bad Kissingen, in Lower Franconia. It lies on the river Franconian Saale, 25 km west of Schweinfurt. Hammelburg is the oldest winegrowing town (''Weinstadt'') in Franconia. History Hammelburg was first documented on 18 April 716 as , when Hedan II, Duke of Thuringia, donated the place to Saint Willibrord. In 741, Carloman bequeathed Saint Martin's Church () to Saint Boniface for the foundation of the Diocese of Würzburg. In 777, Charlemagne donated Hammelburg with its entire municipal area to the Abbey of Fulda. At this time, the fortress () was in a favorable location at a ford on the Franconian Saale, and on the intersection of east–west and north–south trade routes. In the 12th century, the prince-abbots of Fulda built the castle of Saaleck on the heights over the Saale's left bank for Hammelburg's protection, which particularly served for control of the Trimburg established by the Hennebergs ...
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Schweinfurt
Schweinfurt ( , ; ) is a city in the district of Lower Franconia in Bavaria, Germany. It is the administrative centre of the surrounding district (''Landkreis'') of Schweinfurt and a major industrial, cultural and educational hub. The urban agglomeration has 100,200 (2018) and the city's catchment area, including the Main-Rhön region and parts of South Thuringia, 759,000 inhabitants. Schweinfurt was first documented in 791 and is one of the oldest cities in Bavaria. Around 1000 the Margraves of Schweinfurt controlled large parts of northern Bavaria. From the 12th century until 1802 Schweinfurt was a Free imperial city within the Holy Roman Empire, around 1700 a humanistic centre and in 1770 began the 250-year industrial history. During World War II, the Americans suffered their biggest air defeat over Schweinfurt in the Second Raid on Schweinfurt ''(Black Thursday)''. On 11 April 1945, the US Army invaded the city. During the Cold ...
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Freising
Freising () is a university town in Bavaria, Germany, and the capital of the Freising ''Landkreis'' (district), with a population of about 50,000. Location Freising is the oldest town between Regensburg and Bolzano, and is located on the Isar river in Upper Bavaria, north of Munich and near the Munich International Airport. The city is built on and around two prominent hills: the Cathedral Hill with the former Bishop's Residence and Freising Cathedral, and Weihenstephan Hill with the former Weihenstephan Abbey, containing the oldest working brewery in the world. It was also the location of the first recorded tornado in Europe. The city is 448 meters above sea level. Cultural significance Freising is one of the oldest settlements in Bavaria, becoming a major religious centre in the early Middle Ages. It is the centre of an important diocese. Some important historical documents were created between 900 and 1200 in its monastery: * Freising manuscripts written in Slovenian, b ...
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