Bayern; Oberbayern; München
Location of affected unit(s)
Ottobrunn, Unterhaching, Taufkirchen, Oberschleissheim
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.11 - Central banking

225 jobs
Number of planned job losses
Job loss
Announcement Date
17 October 2015
Employment effect (start)
1 January 2016
Foreseen end date
31 December 2020


Kreissparkasse München Starnberg Ebersberg, a German bank, will close four branches in Ottobrunn, Unterhaching, Taufkirchen und Oberschleißheim around Munich by the end of 2016. A total of 225 out of 1,800 jobs will be cut by 2020 but the bank wants to avoid redundancies. Additional 20 branches, including 12 in the Munich district, will be turned into fully automated self-service centres.

The closures are due to a decrease in transactions and fewer visits to its branches and a simultaneous increase in online banking. Openin ghours in the remaining branches will be extended to 7.30am to 7pm so that customers can pay a visit before or after work.

Kresissparkasse München Starberg Ebersberg is a publicly owned credit institution headquartered in Munich. It brings together 75 branches around Munich and about 1,800 employees nationwide.


  • 17 October 2015: Merkur Online
  • 16 October 2015: Süddeutsche Zeitung (Online)


Eurofound (2015), Kreissparkasse München Starnberg Ebersberg, Closure in Germany, factsheet number 85237, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/85237.