Bad Segeberg- Volksbank

Bad Segeberg owes its existence to the "Kalkberg", a gypsum rock, that was about 120m high in the middle ages. This was the borderland between Saxons and Slavs, so Knud Lavard, Danish prince and Jarl (Earl) of Schleswig, unsuccessfully tried to build a castle here. Vizelin, the missionary of the Varrians and Abotrites, drew the attention of Emperor Lothair III to the strategic importance of the Kalkberg, whereupon the first castle was built on it in 1134. This was named "Siegesburg" (hence Segeberg).
After Emperor Lothar III had died, Slavic chief Pribislav of Wagria rebelled against the Holy Roman Empire by destroying the new castle of Segeberg.

In 1143 that the castle was restored and Vizelin could devote more time to missionary activities. In the 1230s, Segeberg that had grown near the castle received the Lübeck town charter.

Forerunners of the German "Volksbanken" were often so-called "Vorschussvereine" (~ advance money union), founded in the second half of the 19th century following the ideas of Friedrich Wilhelm Raiffeisen and Hermann Schulze-Delitzsch.

One of them existed here and had this impressive building erected around 1900.