 In 1860, the first savings and loan association ("Sparkasse") in Runkel was founded under the name "Vorschuss-Verein" (“Credit Club”).Since 1914 there has been a central water supply in the town.In the course of administrative reform in Hesse, the formerly autonomous communities of Steeden, Ennerich and Schadeck merged on 1 December 1970, as did likewise Arfurt, Eschenau, Hofen and Wirbelau on 31 December 1970, with the town of Runkel.