NBS is a mutual entity incorporated under the Building Societies Act 1965.
We provide banking services aiming to meet the needs of both personal and business banking clients. Products include transactional accounts, savings and term investment options along with home and business loans. Clients transact with NBS via on-line and mobile banking channels, by using the NBS Debit MasterCard® and face to face via our branch network.
NBS has developed strong community links through its Clients and are committed to the people who support it. We use profits to improve our services and then invest the remainder locally to make a difference in our communities.
We’ve been around since 1862. We meet your banking needs now and will for generations to come.
We’re owned by our clients and proud to be investing in our local community.
We know our clients by name. Our flexibility ensures we make timely decisions based on local knowledge.
The Directors and executive management team are experienced in the financial services and banking industries.
NBS is funded through retail deposits. These deposits have varying maturity dates which assist in managing liquidity and re-financing risk.
NBS holds a credit rating of BB+ Stable from Fitch Ratings, a Reserve Bank approved credit rating agency.
Looking after Depositors’ money is something NBS takes very seriously. Diversification of risk is coupled with robust governance, experienced management and a rigorous approach to lending. More than 80% of loans are secured by first mortgages against tangible property in the Nelson, Tasman, West Coast and Mid Canterbury regions.
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