Home » Bonn Endenich: Former Sparkasse Building For Sale – Residents Concerned

Bonn Endenich: Former Sparkasse Building For Sale – Residents Concerned

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The former Sparkasse KölnBonn branch building on Magdalenenplatz in Bonn-Endenich has been put up for sale, prompting concern among residents who currently occupy apartments within the building. The Sparkasse, still, has moved to reassure tenants about their future.

The property, located at Magdalenenplatz in the Endenich district of Bonn, was previously a branch of Sparkasse KölnBonn, a publicly owned savings bank headquartered in Cologne. According to the bank’s website, the Sparkasse KölnBonn was formed in 2005 through a merger of the Cologne and Bonn Sparkassen, tracing its origins back to 1826 in Cologne and 1844 in Bonn.

The sale has generated uncertainty among residents, who are awaiting further details regarding the future of the building and their tenancies. Sparkasse KölnBonn has acknowledged the concerns and stated It’s working to provide clarity to those affected.

Sparkasse KölnBonn operates a network of 111 branches and employs approximately 3,549 people. As of 2024, the bank’s balance sheet totaled €28.33 billion, with deposits of €23.238 billion and customer loans amounting to €21.553 billion. The bank is part of the Rheinischer Sparkassen- und Giroverband association.

The Endenich district is similarly served by a mobile Sparkasse branch located on Kollegienweg, offering services including an ATM and SB-Terminal. Another mobile branch is located nearby on Magdalenenplatz. Both mobile branches have limited opening hours, operating only on Tuesdays and Thursdays from 3:00 PM to 5:00 PM.

The Sparkasse KölnBonn has not yet released details regarding the buyer or the intended use of the Magdalenenplatz property. The bank’s contact information, +49 221 226-0 and [email protected], remains available for residents seeking further information.

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