Friedrich Wilhelm Raiffeisen
Photo: Unknown author Unknown author, Public domain, via Wikimedia Commons11

Friedrich Wilhelm Raiffeisen

German cooperative pioneer (1818–1888)

Friedrich Wilhelm Raiffeisen (30 March 1818 – 11 March 1888) was a German mayor and cooperative pioneer. Several credit union systems and cooperative banks have been named after Raiffeisen, who pioneered rural credit unions.2

From Wikipedia’s article on Friedrich Wilhelm Raiffeisen (this version), CC BY-SA 4.0.

Born Mar 30, 1818, died Mar 11, 1888.1

Companies

Career

Occupation: social reformer, politician, economist, political economist, mayor, social entrepreneur, municipal civil servant, banker.5

In 1872, Raiffeisen created the first rural central bank at Neuwied, the “Rheinische Landwirtschaftliche Genossenschaftsbank” (Rhenish Agricultural Cooperative Bank). In 1881, Raiffeisen created a printing house in Neuwied that still exists today, carries his name and was merged in 1975 with the German cooperative publishing house “Deutscher Genossenschafts-Verlag”.

From Wikipedia’s article on Friedrich Wilhelm Raiffeisen (this version), CC BY-SA 4.0.

Personal life

  • BornMar 30, 1818, Hamm6
  • DiedMar 11, 1888, Neuwied7
  • CitizenshipKingdom of Prussia8
  • SpouseEmilie Storck9

Sources

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