That’s another problem… The funds to guarantee the 100K€ (or 100CHF in Switzerland) are a bit like the reserve of masks stored in case of a respiratory disease pandemic: ridiculously insufficient. So if there is a real need for that, the state will provide the missing funds (of course not from taxes but from the central banks’ magic hat).
Of course. These laws are there to protect the banks, not their customers (those with a positive balance at the bank, I mean). Worse, they legalize the spoliation of customers to rescue the banks.
It didn’t. UBS was a few days away from going bankrupt. The government, and financially, the SNB rescued it in extremis. In a similar situation, with the “too big to fail” law (introducted later), the people in charge of such a crisis could opt for a bail-in instead of magic money from the SNB.
The SNB did. UBS was rescued with free money 
(see the 50 Billion bump in base money here) .
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It’s not for tomorrow but may be next years 2021, 2022,… or sooner if people stop to trust virtual/debt money and remove all their money from bank for buy other “real” or even “virtual money” value 
UBS/CS leverage is high less than some EU banks but still more higher than US banks since 2009.
@Provident yes this time may be not the next
This time is probably a bankruptcy/too high debt crisis which is different.
But may be nothing and all continue like actually with more printed money and more debt without any issue
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It seems that Raiffeisen swizerland has removed the condition limiting access to local Raiffeisen banks membership (i.e., buying parts sociales) to people living or working in the bank’s region. You can for example buy Raiffeisen Lausanne-Haute-Broye-Jorat shares if you live in St-Gallen. Raiffeisen Lausanne will pay 2.75% in march for 2023 and max amount you can buy is 100 shares at CHF 200 each, so 20k.
Anyone knows of similarly good conditions or better at their local Raiffeisen?
EDIT : Raiffeisen Versoix proposed 3.5% to vote at the GA
In my region, the purchase of additional shares (one mandatory share at CHF 200) from my Raiffeisen bank is subject to several conditions:
- Income must be deposited with the bank.
- A minimum of CHF 250,000 must be invested in the bank’s products (3a, investment funds, other).
or - Financing of at least CHF 500,000 (mortgage)
So… It will be a gambling to know if each Raiffeisen has specific condition to purchase additional shares.
Wow that sounds unatractive indeed.
Lausanne you have to take a visa debit card (60 or 40 a year) and have income coming there btw not complicated to bypass (ex. monthly transfert and rent paid from there) that’s it.
For 2.75%-3.5% I will take the time to investigate with a few phonecalls.
Yep. It is unfortunately for me.
Well, the lose is for them 
Raiffeisenbank am Bichelsee had 6%.This year there will be again 6% if this is approved.
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At Raiffeisen am Bichelsee and Wohlen you can only buy 1 share paid at 6%…
Yes, but then you have the Raiffeisen membership (free or really good discounts in a lot of museums and attractions). For us a family of 4, it is an incredible deal, saving us few hundreds a year in entrance fees
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I have one Raiffeisen share of CHF 200. This year, my Raiffeisen has invited all share members, including partners, to an evening at the Knie Circus to celebrate its 125th anniversary. The seats were allocated by Raiffeisen, in my case I received a ticket in price category 1. According to the Zirkus Knie website, such a ticket has a value of CHF 100. In other words: I received a no-cash dividend of 2x CHF 100, which is pretty Nice. I enjoyed the circus evening with my partner.
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A cooperative is not a capital company in Switzerland like “AG” or “GmbH” where liability is limited to the capital paid in.
In fact a cooperative in Switzerland has to limit the liability to the paid in capital for members, otherwise you could be liable for way more than you paid in.
Can somebody check the papers for liability, is it limited to the paid-in capital? I hope so, otherwise you have a risk to go broke when there is a problem with Raiffeisen…