The story
In 1902 the Kredit-Verein Deutscher Apotheker (KREDA; credit union of German pharmacists) was founded in Danzig by 18 pharmacists. In 1938 it was renamed Deutsche Apothekerbank e.G.m.b.H. and in 1939 it merged with the Spar- und Kreditverein Deutscher Apotheker m.b.H. After the bank was closed in 1945, it was re-established in 1948 as Westdeutsche Apothekerbank e.G.m.b.H. in Düsseldorf. For years the bank has been the biggest German cooperative bank according to total assets.
From Wikipedia’s article on Deutsche Apotheker- und Ärztebank, shared under CC BY-SA 4.0.5
