Targobank

Targobank operates as a retail bank in Germany, providing a range of financial products and services to private individuals and small‑to‑medium‑sized enterprises. Its core offerings include checking and savings accounts, personal loans, mortgages, and credit cards, complemented by digital banking channels such as a mobile app and web‑based online banking. The bank focuses on delivering everyday banking solutions that enable customers to manage payments, savings, and borrowing needs through both branch and remote channels. As part of its service model, Targobank emphasizes accessibility and ease of use for consumers seeking straightforward banking relationships. The institution serves customers across the German market, adapting its product mix to local retail banking demands.

Targobank operates a network of branches in Germany while also providing online and mobile banking services. In November 2023, the bank detected unauthorized access attempts and blocked online banking access for approximately 6,000 customers to prevent account compromise. Affected customers were contacted by postal mail with instructions to reset their credentials, and card‑based transactions remained operational during the block. Targobank is regulated by Germany’s Federal Financial Supervisory Authority (BaFin) as a licensed credit institution. Structurally, Targobank is a wholly owned subsidiary of the French Crédit Mutuel Group.