Our Community

Community
Banking

We back not-for-profits with a range of customised products and services. 

NBS are proud sponsors of the Nelson Marlborough Rescue Helicopter Trust

Are you a local community group or sporting organisation? 

We offer everyday banking, savings and investment accounts.

At NBS, we're all about supporting the community and those who support us. That's why if you are a not-for-profit organisation, we back you with a range of customised products and services, making banking easy. 

Take advantage of

  • No transactional account fees.
  • Internet banking with dual signatory authorisation.
  • Mobile EFTPOS machines.
  • NBS Sponsorship, grants and donations.
  • Use of community vehicles.
  • NBS Marquees.
  • NBS Merchandise.

Products available

Cheque Account

Take control of your day-to-day banking.

Cheque Account
Call Account

Interest-bearing and perfect for short-term savings goals.

Call Account
Target Saver Account

An account that encourages you to save, with prizes to make it more fun!

Target Saver Account
Term Investments

Maximise your savings with our term investment options.

Term Investments

Interest Rates & Fees

NBS Cheque Interest Rates - Not for Profit
Interest paid on credit balances over $5,000 0.10% p.a.
Interest paid on credit balances over $50,000 1.25% p.a.

Published rates effective 4 January 2023. Interest rates are subject to change.

NBS Call Rates
Interest rate applies to Personal, Business, Rural and Not for Profit Call Accounts
NBS CALL - All credit balances 2.75% p.a.

Published rate effective 1 August 2023. Interest rates are subject to change.

NBS Target Rates
NBS TARGET - All credit balances 1.00% p.a.

Published rate effective 1 August 2023. Interest rates are subject to change.

Term Investment Rates
30 days 2.50% p.a.
90 days 4.20% p.a.
6 months 6.00% p.a.
8 months 6.00% p.a.
9 months 6.00% p.a.
12 months 6.10% p.a.
24 months 6.00% p.a.
36 months 5.80% p.a.

Interest rates are current as at 2 November 2023 and subject to change at any time without notice.

Please be aware that the rate of return offered by NBS is based on a specific term selected when an investment is made. NBS expects that the funds will be deposited for the nominated term. NBS is not obliged to accept a request for early withdrawal (in part or full) of a term investment. 

If we do decide to accept such a request, we may charge an early withdrawal fee. The early withdrawal fee is calculated as the amount withdrawn multiplied by 2% and prorated for the number of days invested.  The early withdrawal fee will be deducted from the after-tax net interest earned.

NBS is not a registered bank.

Not for Profit Fees

There are NO transaction fees applied to NBS Not for Profit banking

If you wish to make an early withdrawal on your Term Investment, we may reduce the returns on the withdrawn funds by 2.00%; however your returns will not go below 0.05% p.a. 

Terms and Conditions

To complete the account set up, you will need to provide evidence of your organisation's not-for-profit status (e.g. Companies Office registration, a tax exemption certificate). Term Investments have a minimum deposit of $5,000 and Target accounts have a minimum deposit of $100. NBS General Terms and Conditions apply. NBS’s current Product Disclosure Statement is available free of charge at any NBS branch. Service charges may apply.

NBS Community Banking

We Believe. We Invest.

300+
Groups we Support
$1,100,000
NBS Sponsorship Dollars
$1.906 billion
Total Deposits and Lending
20,487
NBS Clients

Figures correct as of 31st March 2023.