Sparkasse Mittelholstein
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The Sparkasse Mittelholstein AG, based in
Rendsburg Rendsburg ( da, Rendsborg, also ''Rensborg'', nds, Rendsborg, also ''Rensborg'') is a town on the River Eider and the Kiel Canal in the central part of Schleswig-Holstein, Germany. It is the capital of the ''Kreis'' (district) of Rendsburg-Ecke ...
, is one of five free public savings banks existing in Germany.


Organization structure

The Sparkasse Mittelholstein is a savings bank in Schleswig-Holstein. Since 1991 it has been a
Joint-stock company A joint-stock company is a business entity in which shares of the company's capital stock, stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their share (finance), shares (certificates ...
registered in the German Trade Register of Kiel. The legal basis for the ''Sparkasse'' is essentially the '' Kreditwesengesetz'' (KWG) and the Savings Banks Act for Schleswig-Holstein. The bodies of the ''Sparkasse'' are the Annual General Meeting, the Supervisory Board and the
Management Board Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business. Management includes the activities ...
. The share capital of the Sparkasse Mittelholstein AG is held by the following shareholders: * Haspa Finanzholding – 51,45 % * ''Zweckverband der Sparkasse Hennstedt-Wesselburen'' - 20,28 % * ''Stiftung Spar- und Leih-Kasse in Rendsburg'' – 13,37 % * Private shareholders and employees – 6,77 % * ''Stadt Büdelsdorf'' – 5,14 % * ''Zweckverband Sparkasse Mittelholstein'' – 1,69 % * ''Stadt Rendsburg'' – 1,30 % As of: 30 June 2018


History

The Sparkasse Mittelholstein was created in 1823 under the name ''Spar- und Leih-Kasse in Rendsburg'' as a foundation savings bank. The foundation's capital was 1,500 ''Mark courant''. Founder was Johann Georg Röhling. In 1847 was the founding of another predecessor institute, the ''Spar- und Leihcasse in Nortorf''. In 1979 it merged with the ''Verbandssparkasse Nortorf'' to ''Sparkasse Nortorf''. In 1862, the ''Hademarscher Spar- und Leihcasse - Verein'', the third predecessor institute was created. It was converted in 1899 into a public limited company and thus forms the origin of the present form of the company. In 1973, the ''Hademarscher Spar- und Leihcasse AG'' merged with the ''Kirchspiel Spar- und Leihkasse zu Hanerau'' to Sparkasse ''Hanerau-Hademarschen AG''. This was the first savings bank as a joint-stock company in the Federal Republic of Germany. The current institute was founded in 1991. In 2007, the takeover of the public legally ''Sparkasse Büdelsdorf'' took place. The city
Büdelsdorf Büdelsdorf ( da, Bydelstorp) is a town in the district of Rendsburg-Eckernförde, in Schleswig-Holstein, Germany. It is situated on the river Eider and the Kiel Canal, approx. north of Rendsburg, and west of Kiel, just off the motorway. His ...
, as a sponsor of the former ''Sparkasse Büdelsdorf'', received in return shares of the Sparkasse Mittelholstein AG and has since participated in their share capital. On 1 July 2017, retroactively to 1 January 2017, the Sparkasse Mittelholstein merged with ''Sparkasse Hennstedt-Wesselburen''.


Business focus

The Sparkasse Mittelholstein AG operates the universal banking business as a savings bank in its business area. It works together with the following partners in the network business: * DekaBank (Germany) * ''
Deutsche Leasing Deutsche Leasing AG (DL) is the largest manufacturer-independent leasing company in Germany. Since 1987, the company has had its headquarters in Bad Homburg vor der Höhe and is the centre of excellence for leasing for the Sparkassen-Finanzgruppe. ...
AG'' * '' Hamburger Sparkasse AG'' * '' HSH Nordbank'' AG * ''LBS Bausparkasse Schleswig-Holstein-Hamburg AG'' * ''MSH – Mittelstandsfonds Schleswig-Holstein'' * '' Norddeutsche Landesbank'' * PLUSCARD a service company for credit card processing mbH Mastercard and VisaCard * Provinzial NordWest * S-Broker *
Sparkassen-Finanzgruppe The ''Sparkassen-Finanzgruppe'' ("Savings Banks Financial Group") is a network of public banks that together form the largest financial services group in Germany and in all of Europe. Its name refers to local government-controlled savings banks t ...
* UKV, a company of the ''Versicherungskammer Bayern'' (VKB)


Financial figures

In the 2017 financial year, the Sparkasse Mittelholstein had total assets of € 2.682 billion and had customer deposits of € 1.661 billion. According to the savings bank ranking 2017, it is ranked 142nd in terms of total assets. It has 26 branches/self-service locations and 480 employees.


References


External links


Official Website
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