Our Community

Not for Profit
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. 

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 Savings Account

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

Target Savings Account
Term Investments

Maximise your savings with our term investment options.

Term Investments

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.

Interest Rates & Fees

NBS Cheque Interest Rates - Not for Profit
Interest paid on credit balances over $5,000 0.05% p.a.
Interest paid on credit balances over $50,000 0.50% p.a.

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 0.50% p.a.

Interest rates are subject to change.

NBS Target Rates
NBS TARGET - All credit balances 0.25% p.a.

Interest rates are subject to change.

Term Investment Rates
30 days 0.15% p.a.
90 days 0.45% p.a.
6 months 0.95% p.a.
9 months 0.95% p.a.
12 months 1.05% p.a.
24 months 1.05% p.a.
36 months 1.05% p.a.

Interest rates are subject to change at any time without notice. However, once you open your term deposit the rate is fixed for the term you selected.

NBS is not a registered bank.

Not for Profit Fees

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

If you wish to terminate your Term Investment before its maturity date or alter the terms of the Investment, NBS may, at its discretion charge an early withdrawal fee in the form of a 1.00% per annum reduction in the interest rate for the term of the term deposit. 

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.

261
Groups we Support
$660,810
NBS Sponsorship Dollars
$1.469 billion
Funds Under Management
37,984
NBS Client Accounts

Figures correct as of 31st March 2020.