This is the 12397th most frequent German word.
volksbanken
"Volksbanken" are cooperative banks in Germany focused on serving local communities and members.
In this sentence, 'Volksbanken' refers to a group of cooperative banks, emphasizing their collective contribution to the local economy.
Die Volksbanken spielen eine wichtige Rolle in der lokalen Wirtschaft.
The cooperative banks play an important role in the local economy.
Here, 'Volksbanken' is used in the context of a specific branch or entity of the cooperative banking group where the action takes place.
Ich habe heute ein Konto bei einer der örtlichen Volksbanken eröffnet.
I opened an account at one of the local cooperative banks today.
In this case, 'Volksbanken' is cited as a category or type of cooperative financial institution.