 TSB Bank TSB Bank or the Taranaki Savings Bank is the only, non-government 100% New Zealand-owned bank (as of 1996). It changed its name from the New Plymouth Savings Bank to the Taranaki Savings Bank in 1964. Banker redirects here; see wiktionary:banker for more meanings. ...
History TSB Bank received its first deposit under the banner of the New Plymouth Savings Bank on the 28 September 1850 from Waitera te Karei. The deposited sum was 34 pounds. At the time the bank's accountant was paid an annual salary of 20 pounds, so the deposit was a considerable sum. A deposit account is an account at a banking institution that allows money to be held on behalf of the account holder. ...
Branches were opened in Fitzroy and Waitara in 1921 and 1946 respectively, followed by the first branch outside the New Plymouth district, in Stratford in 1964, combined with a name change to Taranaki Savings Bank.-1...
New Plymouth is the port and main city in the Taranaki region on the west coast of the North Island of New Zealand. ...
Stratford is the main town of the central Taranaki region, aptly named as the Stratford District. Situated directly inland from Mount Taranaki, Stratford is a rural service centre with a 2001 population of 5225. ...
With the loosening of regulations on banking in the 1970s, the Bank's position was sufficiently sound for it to take maximum advantage of its newfound freedom. And when the industry was finally deregulated in the mid 1980s, TSB Bank was strong enough to stand aside from the amalgamation of the country's Trustee banks. Deregulation is the process by which governments remove selected regulations on business in order to (in theory) encourage the efficient operation of markets. ...
Consolidation is the act of merging many things into one. ...
In 1975, TSB Bank was the first bank to offer free, interest-bearing cheque accounts and in 1981 they pioneered New Zealand's ATM or Automated teller machine Cashflow network. An NCR Personas 85-Series interior, multi-function ATM in the USA Smaller indoor ATMs dispense money inside convenience stores and other busy areas, such as this off-premise Wincor Nixdorf mono-function ATM in Sweden. ...
Ownership Ownership of TSB Bank remains vested in the TSB Community Trust, with all profits staying in New Zealand. The most recent dividend paid by the Bank to the Trust was more than $6million. A trust company has been referred to as a near-bank; while technically it differs from a bank in mandate and services offered, it also provides banking services such as chequing accounts, savings and loans, investments and credit cards. ...
Customer Satisfaction TSB Bank has consistently been rated the best bank for customer satisfaction. A recent university survey found that TSB was a clear winner on a spread of key customer satisfaction points, including fees, with almost three-quarters of TSB customers saying their bank fees and charges were low, this is compared with the survey average of 15 per cent, and customer loyalty, with almost 80 per cent saying they were "very unlikely" to switch banks, compared to the an average of 35 per cent.
Branches There are fifteen TSB Bank branches throughout the Taranaki region, and one in Wellington. Recently a home loan centre has been opened in Hamilton and one will be opening shortly in Tauranga. View of Mount Taranaki or Mount Egmont from Stratford, facing west. ...
For other uses, see Wellington (disambiguation). ...
Hamilton (Kirikiriroa in MÄori) is the centre of New Zealands fourth largest urban area, and is the countrys seventh largest city. ...
Tauranga (population 109,100 — 2006 census) is the largest city of the Bay of Plenty region of the North Island of New Zealand. ...
Rather unfortunately, TSB Bank's new-styled "Home Loans & Accounts Only" branches do not allow for full transactional banking services, unlike the other major banks. This can only be seen as a downside for those customers wishing to make an immediate credit/large value debit to their account. These customers are pushed in the direction of New Zealand Post branches to carry out their transaction. (Customers are issued with a Cashflow card to make purchases and withdrawals, but to a daily limit, anything above this must be withdrawn over the counter at a branch of NZPost) New Zealand Post Limited is the dominant postal operator in New Zealand. ...
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