The bank cannot be taken over. Gascoigne said it was New Zealand's first cooperative bank. The structure existed around the world and bank regulator the Reserve Bank of New Zealand was comfortable ...

New Zealand's first co-operative bank is a reality. PSIS has been registered as a bank by the Reserve Bank of new Zealand. The new bank, 100% owned by its customers, will specialise in personal ...

Consumer has released its bank rankings, and says country's biggest bank needs to think about how it can do better.

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The Cooperative Bank, which distributes rebates to its customer-shareholders, posted flat annual earnings as shrinking margins offset lending growth from an expanding customer base, and as ...

The country's most popular but one of the smallest banks has posted a 10 percent rise in full year profit as it increased customers, lending, and kept bad debts in check. The Co-operative Bank had ...

The Co-operative Bank is the only New Zealand bank to share its profits with its customers and the payout comes off the back of a solid year. More than 15,000 new customers joined the bank in the ...

Cooperative Bank chief executive Bruce McLachlan will leave the lender early next year after choosing to take a new leadership position with another New Zealand business. The details of the exit are ...

but ANZ has scored at the bottom of Consumer NZ’s latest bank satisfaction ratings. The advocacy group surveyed 1920 banking customers about 17 service areas. The Co-Operative Bank was the top ...