Sparbanken VM is based in Köping, with other core markets in Kungsör and Arboga. Its area of operation stretches from the west end of Lake Mälaren to Stockholm. The market has about 750,000 inhabitants and a robust manufacturing industry. The bank is a traditional savings bank and operates without an owner. Collaboration with Swedbank AB enables a diverse product offering, shared IT solutions, and retail mortgage financing through Swedbank Hypotek AB, Sweden's largest covered bond issuer.