Zweite Sparkasse

The bank for the unbankable

1. January 2018

Zweite Sparkasse (Second Savings Bank) was ERSTE Foundation’s first project aimed at promoting social and financial inclusion and, in Austria, is its best-known project to date. Its main objective is to enable customers to regain a sound financial footing in the long term.

Since it was founded in 2006, Zweite Sparkasse has helped some 15,000 people in Austria overcome their financial difficulties. Customers of Zweite Sparkasse receive a basic current account including bank card and access to Erste Bank’s online banking service George. The bank teamed up with Wiener Städtische Insurance Group, enabling it also to offer accident insurance free of charge and a legal advice service, available once per quarter. Customers may also take out an investment account, a building loan contract (Bausparvertrag) free of charge and homeowner’s insurance at an affordable premium. Zweite Sparkasse and Schuldnerberatung (debt counselling services) offer an assisted account to people who are legally competent but have difficulty managing their money.

Zweite Sparkasse does not aim to make a profit but is bound to the savings bank idea of serving the public good. It is exclusively run by volunteers. Customers are supported by partner organisations that recommend them to the bank.

Branch offices

Annenstraße 40, 8020 Graz

Kirschentalgasse 10a, 6020 Innsbruck

Fischlstraße 67, 9020 Klagenfurt

Franckstraße 41, 4020 Linz

Rainerstraße 4, 5020 Salzburg

Moritschstraße 11, 9500 Villach

Am Schweizergarten, 1030 Vienna

More information you will find at

Zweite Sparkasse gives people who are in financial difficulties or who have a hard time keeping track of their finances, access to financial services. The bank account of Zweite Sparkasse is a full account including a debit card, which cannot be overdrawn.