Category: Advices

Those who paid in 100 euros a month for decades received seven percent interest on their deposits plus a bonus of up to 50 percent for each deposit, or 600 euros a year on top of that. Such premium savings contracts of the 1980s and 1990s are now a thorn in the side of credit institutions. "In the low-interest phase, such contracts, which originate from a time with a completely different market situation, are particularly burdensome for the savings banks", explains mathias polz, spokesman for the savings bank of bamberg, which recently announced premium savings contracts of 1556 customers. While the interest rates are variable, the guaranteed premiums are expensive for the savings banks.

The decision was not easy, but the market situation left the credit institutions with no other choice. This was made possible by a ruling of the federal court of justice (BGH) in may 2019, according to which such contracts may be cancelled as soon as the highest premium level is reached.

It hits the most loyal

The ruling initially led to waves of cancellations in the new federal states, followed by nurnberg (21,000 cancellations) and munich at the end of the summer. According to "handelsblatt some 40 savings banks across germany have announced more than 100,000 premium contracts.

Whenever firefighters in trebgast are mentioned in any form over the last 50 years, sooner or later a name automatically comes into play, namely that of emil lauterbach. He now celebrates his 70th birthday. Birthday. Emil lauterbach has been a firefighter in body and soul for almost 50 years. In 18 years as commander and 12 years as first chairman, he has advanced the defense force. His term of office included the acquisition of the current losch vehicle and the construction of the gerate house. Reason enough to appoint him honorary chairman in 2018.

The common good is close to the birthday boy’s heart. He also demonstrates this in the municipal council, which he has been a member of since 1996. There, his advice is needed above all when it comes to structural matters.

He remained "his" even after retirement wehr connected. But he now also has more time to make himself useful – mainly on historical ground: according to an entry on parchment paper in the alkuin bible of the state library of bamberg, there was very probably a castle estate of the walpoten dynasty on his garden plot around 1035. Gardening naturally takes on a completely different meaning. Otherwise, the jubilarian likes to spend time in reit im winkl.

If you're driving on the highway between schweinfurt and bamberg and you see a man in a black hat and an orange warning vest at the edge of highway 70 and think you've seen this strabenwarter somewhere before, you're not wrong.

The man with the hat and warning vest could be oti schmelzer, who stood on the stage in veitshochheim and appeared on the carnival television show "fastnacht in franken performing in front of an audience of millions. He is the ambassador of the district of habberge and the steigerwald at the spectacle in the mainfranken halls in veitshochheim – a worthy representative of france and the guild of carnival eaters.

"Wine haze stage"
In real life, otmar schmelzer, who jokingly calls himself "otiderschmelzer", is a "joke" names, strabenwarter at the autobahnmeisterei knetzgau. He manages a vineyard in his hometown oberschwappach and shows his comedic talent on his own cabaret stage.