The Co-operative Bank
News and Updates
We’d like to remind all our Dunedin-based customers that our Dunedin branch is now at 305 George St.
The phone number is still the same.
When will my Automatic Payments be debited from my account if they’re due on a Public Holiday? - 4 December 2013
This year the Christmas and New Year holidays fall mid-week on a Wednesday or Thursday.
There’s some exciting news! Our Dosh and Dollars and Sense accounts now have some of the best saving account interest rates in the market, making it easier than ever to save.
The New Zealand Bankers’ Association has gone out today saying that all New Zealand bank customers should be wary of transferring money on behalf of people they don’t know.
Customers who have Asset Care insurance through The Co-operative Bank and wish to make a claim can call 0800 425 025.
From Monday 19 August, MMResearch will start conducting a Customer Satisfaction Survey on behalf of The Co-operative Bank.
On 26 August 2013 we’ll be launching a new Electronic Account, and making changes to our ATM services and our transaction fee exemption eligibility.
On Thursday 25 July 2013 we held our Annual General Meeting (AGM) at the Sudima Hotel, in Auckland.
We’ve had some great feedback about our new TV ad and you can now find it here to enjoy anytime.
As of 1 July 2013, we’ll be the only bank in New Zealand to pay a share of its profits directly back to its customers.
In our first full year as a registered bank, we made a profit before rebates and tax of $8 million (a 21.6% increase on the previous year) which meant that we were able to pay $1 million in surplus profits to the majority of our members. Most eligible members receive rebates of between $5 and $200.
Check out our interest rates
Fixed for 1 year.
18 month term deposit. Minimum investment $10000. Interest compounded quarterly.
Unsecured loan with full banking discount (1.00% pa). Read more about Personal Loans
To qualify for the full banking discount, one of the borrowers of the loan must credit their main income to a transaction account at The Co-operative Bank. On our Personal Loans we also offer an interest rate discount to members who take out, or hold, insurance with us – ask us about which insurance options qualify for this discount.
Unarranged Overdraft interest rate 22.00%pa.
An Investment Statement and the current Disclosure Statement are available from any branch of The Co-operative Bank or can be downloaded here.
Interest rates and fees are subject to change. For all lending products, The Co-operative Bank lending and insurance criteria, and fees, apply.
If a home loan is greater than 80% of the property's value, a low equity interest rate premium will apply and the revolving credit home loan will not be available.