Banque Raiffeisen: Why this name?

Have you ever wondered where the name “Raiffeisen” comes from? Well, I never intended to look it up… but today, when searching for something else related to the Banque Raiffeisen, I suddenly found out why the bank is called that way, in Luxembourg, Austria, Germany, Switzerland to name only a few countries…

It comes from the name of the man who invented the “cooperative bank” principle… Friedrich Wilhelm Raiffeisen (see here for full details about his bio: http://en.wikipedia.org/wiki/Friedrich_Wilhelm_Raiffeisen)

I could’ve thought about such a possibility, but it strangely never came to my mind that the bank could be named after a person… nice to know…