A proud co-operative

We’re 100% owned by our customers, and the only bank in New Zealand to give our customers a share of our profits.

Making the move easy

Switching banks shouldn’t be hard and with us, it isn’t. Our dedicated switch team makes moving your everyday banking simple, and as stress‑free as possible.

Banking better

We’re here to help customers bank better. We put people first, which is why you get great customer service as well as competitive home loan rates.

4.99%p.a.

1 YEAR FIXED RATE

Additional rates and terms available.

5.45%p.a.

2 YEAR FIXED RATE

Additional rates and terms available.

5.69%p.a.

FLOATING RATE

Additional rates and terms available.

See all home loan rates

Switching to us is simpler than you might think

Switching banks shouldn’t be hard and with us, it isn’t.

Many people feel unsure about switching banks, but we make switching stress‑free.

We’ll take care of the hard parts — our dedicated switch team will:

  • Open your new account(s)
  • Move over your payments and payees
  • Get you set up with your preferred ways to bank, including internet banking, and our mobile app.

We work directly with your current bank — no awkward conversations or complicated forms. We’ll transfer your balance and move your automatic payments, direct debits and bill payments so everything keeps running smoothly.

We can help close your old account too — once everything is safely across, we’ll tidy up the last steps for you. Easy.

Make the switch — we’ll take care of the rest.

Learn how switching works
Co-operative Bank Team Member on the phone

Ready to make the switch?

Join our banking whānau, we’ll take care of the rest

Apply through our mobile app. It’s quick, secure, and hassle-free. Switching is easier than you think and we’re here to help every step of the way.

You’ll just need your NZ driver licence or passport handy to get started.

Download our mobile app

The join us screen on our mobile app

Speak to a specialist

Our Home Loan Specialists are experts in home lending and can assist you in selecting the ideal structure and term to best suit your needs. Call us on 0800 554 554.

Terms and Conditions

The Co-operative Bank’s lending and insurance criteria, fees, interest rates, terms and conditions apply and are subject to change.

Rates apply to loans approved for Owner Occupied lending with a minimum of 20% equity. Please see Interest Rates for full details including our Standard rates and Low Equity premiums which may apply. If a home loan is greater than 80% of the property's value, a low equity interest rate premium will apply.

Owner Occupied lending is:

  • Where there is a minimum 20% equity in the property, and the individual seeking the loan intends to occupy the property; or
  • A First Home Loan.

Please see our Fees page for details on our Loan fees.

For fixed home loans - If you repay your home loan before the fixed term is finished, you may be charged early repayment fees – see The Co-operative Bank Early Repayment Formula.

Our terms and conditions for our home loan products are available here.