Raiffeisenbank to move to station building

It was in June of 2005 that the Reiffeisenbank opened a branch on Bahnhofstrasse in the city, right next to the Zuger Kantonalbank. Now it has been announced that the Raiffeisenbank  (hereinafter referred to as the bank), is to move to new premises within the station, though not until spring of 2019 at the earliest.

As to why the bank is to give up its premises on Bahnhofstrasse, its chairman of the board, Matthias Brunner, said that 87% of customers now preferred to do their banking business online, rather than over the counter, though there was an increased demand for personal financial advice particularly when it came to more complex matters, an area the bank is now aiming to focus on.

Brunner felt that the days of banks having large hall-like premises were over, not least as they were no longer appropriate ecologically, especially bearing in mind they had to be heated. The new station premises of the bank, which also has branches in Baar and Walchwil, will cover just 200 square metres on the second floor, enjoying views with views over Bahnhofplatz.

Brunner went onto say how the station had become the central hub of the city, with as many as 66,000 people passing through every day, according to the SBB.

With opening hours from 7 am until 7pm and five employees offering financial advice, the bank is hoping to be one step ahead of the competition. Of course, it will still be able to open an account there, though cash matters will be served predominantly through ATMs there.

As to how the interior of the new premises is to look, this has not yet been decided, a jury to decide on this in July. However, what is known is that there will still be a reception area and places to be able to withdraw to in order to be able to discuss matters privately.

If all goes according to plan, work will begin on the alterations in October.

Brunner added how, until it moves, the bank will remain a tenant of the property it currently occupies, it enjoying a good relationship with its owner, the Bernold family.