Our Community

Community
Banking

At NBS, we're all about supporting the community and those who support us. 

NBS are proud sponsors of the Nelson Marlborough Rescue Helicopter Trust

Are you a local community group or sporting organisation? 

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 everyday banking, savings and investment products and services, making banking easy. 

Contact your local NBS branch to join

Could you do with a $1,000 boost for your not-for-profit?

At NBS, each month we’re showing our 300 plus not-for-profit clients some love with a chance to win a $1,000 ‘boost' each month!

Here are just a few of the community groups we support

3 Greymouth Squash Open July 2022
Greymouth Squash Open
3 Kaiterieri Mountain Bike Park
Kaiteriteri Mountain Bike Park
3 Community Banking image Tasman Mako Women
Tasman Mako Women
3 Community Banking image Motueka Waka Ama Club
Motueka Waka Ama Club
3 NBS Cultural Conversations
Cultural Conversations
3 NBS girls Basketball Team Ashburton
NBS Girls Basketball Team Ashburton
3 Community Banking NMRHT
Nelson Marlborough Rescue Helicopter Trust
3 Giants in Schools
Giants in Schools
3 Love Tennis
Nelson Bays Tennis Association
3 Community Banking Theatre Royal
Theatre Royal
3 Community Banking image Commotion
Commotion

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.

Read more
Call Account

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

Read more
Target Saver Account

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

Read more
Term Investments

Maximise your savings with our term investment options.

Read more

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 2.75% p.a.
90 days 4.20% p.a.
6 months 5.90% p.a.
9 months 6.00% p.a.
12 months 5.90% p.a.
24 months 5.60% p.a.
36 months 5.30% p.a.

Interest rates are current as at 15 May 2024 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.