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unusual facts about Friedrich Wilhelm Raiffeisen


Friedrich Wilhelm Raiffeisen

He was mayor of several towns: from 1845 he was mayor of Weyerbusch/Westerwald; from 1848 he was mayor of Flammersfeld/Westerwald; and finally he was mayor of Heddesdorf from 1852 until late 1865, when, at the age of 47, his worsening health cut his career short; he had caught typhus in 1863 during an epidemic during which his wife had died.


Volksbanken und Raiffeisenbanken

"Volksbank" derives from People's Bank institutes (co-operatives originally created by a local population often based in a town) and "Raiffeisenbanken" refers to banks founded on initiatives by Friedrich Wilhelm Raiffeisen (who was pioneering farmer credit unions).


see also