Saving creates Security
Savings deposits with Braunschweiger Baugenossenschaft eG Safeguarding savings deposits
With our savings offer, we are tying in with a value that originally belongs to our cooperative. It is the value of self-help, which we live out in the cooperative cycle of saving, investing and good living for our saving members. We use our members' deposits to maintain and modernize the BBG's housing stock and to build new apartments for our members. The invested capital is thus invested in our own tangible assets. In this way, we offer our members the highest degree of regionality and solidity in their savings investment.
Our offer How you can save with the BBG
We currently manage around 8,000 accounts with a total deposit volume of more than 125 million euros.
Your deposits - used responsibly
A particular advantage of our savings facility is that the funds deposited are not used to lend to third parties. This makes our risk structure fundamentally different from that of a traditional bank.
We invest the liquid funds that we are required by law to hold in an extremely conservative and secure manner. In addition, Braunschweiger Baugenossenschaft eG is a member of the self-help scheme for securing savings deposits at housing cooperatives with savings facilities. In times of crisis, the GdW (Bundesverband deutscher Wohnungs- und Immobilienunternehmen e.V.) can use the self-help fund. However, there is no formal legal entitlement.
Since the fund was set up in 1974, there has not been a single case in which the self-help fund has had to step in.
Fixed-rate savings A lucrative investment
From a minimum deposit of just EUR 2,500, we offer you a lucrative investment with a fixed term of 6 to 60 months and a fixed interest rate. You can dispose of your savings at the end of the fixed-interest period, subject to a 3-month notice period.
Quickly and easily determine the return on your fixed-rate investment:
Savings deposits At any time - for as long as you want
The savings accounts have notice periods of 3 to 48 months. You can save at any time and for as long as you want. A minimum deposit of just 10 euros is required. The interest rates are variable. After a notice period of 3 months, you can dispose of your credit balance subject to the corresponding notice period. With a savings account with a 3-month notice period, you can withdraw up to 2,000 euros of your balance per calendar month.
Growth savings Benefit from rising interest rates
From a minimum deposit of just 2,500 euros, you can invest your money for up to 5 years. The fixed interest rate increases annually from the first to the fifth year. If you need your balance before then, you can dispose of it in full after 12 months at the earliest, subject to a 3-month notice period.
Saving in installments Small steps to wealth
You pay a fixed amount starting at 30 euros into the installment savings contract on a regular monthly basis over 6 years. Alternatively, as an employee you can invest up to 480 euros per year. That's 40 euros per month, which your employer will ideally pay in full. The interest rate is variable. At the end of the installment period, the accumulated balance is available to you on 01.01. of the following year.
Together we will find the right savings product for you
Benefit from a long-term, secure and responsible investment opportunity. We stand for trust, stability and sustainable use of your deposits.
Your savings deposits are safe with us !
More info Note on cash deposits
For cash deposits of EUR 10,000 or more, we ask you to provide suitable proof of the origin of the money (e.g. a bank withdrawal receipt or bank statement).
This requirement is based on a regulatory change by the German Federal Financial Supervisory Authority (BaFin) and is mandatory for us.
Unfortunately, we are not allowed to accept deposits over 10,000 euros without this proof.