The Co-operative Bank

The Co-operative Bank's CEO says the RBNZ extending use of the word 'bank' to NBDTs may spur mergers

The Co-operative Bank's CEO says the RBNZ extending use of the word 'bank' to NBDTs may spur mergers

CEO Mark Wilkshire on at what price the bank's core banking replacement would see it 'doing extremely well'

CEO Mark Wilkshire on at what price the bank's core banking replacement would see it 'doing extremely well'

Reserve Bank files anti-money laundering court proceedings against The Co-operative Bank, parties suggest $1.425m penalty

Reserve Bank files anti-money laundering court proceedings against The Co-operative Bank, parties suggest $1.425m penalty

Consumer NZ says no bank reached threshold for its People’s Choice Award for first time in a decade

Consumer NZ says no bank reached threshold for its People’s Choice Award for first time in a decade

New survey details how mortgage brokers rank banks and non-banks, and what they want from them

New survey details how mortgage brokers rank banks and non-banks, and what they want from them

Whilst it may monitor banks' OCR pass through data, the FMA acknowledges banks have no legal obligation to pass on changes as most appear to pad floating mortgage rate margins

Whilst it may monitor banks' OCR pass through data, the FMA acknowledges banks have no legal obligation to pass on changes as most appear to pad floating mortgage rate margins

The Co-operative Bank CEO Mark Wilkshire puts a spotlight on floating mortgage rates, where his bank is the outlier

The Co-operative Bank CEO Mark Wilkshire puts a spotlight on floating mortgage rates, where his bank is the outlier

BNZ is back with more home loan rate increase tweaks, and some higher term deposit rates, completing a week of industry-wide rises under pressure from wholesale rate changes

BNZ is back with more home loan rate increase tweaks, and some higher term deposit rates, completing a week of industry-wide rises under pressure from wholesale rate changes

ASB is the next major bank to adjust fixed rates and they have been more restrained in their moves than Westpac or ANZ. ASB also reprised a 5% TD rate. Kiwibank follows with their own rate hikes

ASB is the next major bank to adjust fixed rates and they have been more restrained in their moves than Westpac or ANZ. ASB also reprised a 5% TD rate. Kiwibank follows with their own rate hikes

Apart from the post-pandemic 'normalisation', we seem to be starting an upward phase for fixed home loan rates, one we haven't seen since late 2016

Apart from the post-pandemic 'normalisation', we seem to be starting an upward phase for fixed home loan rates, one we haven't seen since late 2016

What plans, if any, do the small NZ-owned banks have where open banking's concerned?

What plans, if any, do the small NZ-owned banks have where open banking's concerned?

Cuts to savings account interest rates have started with one bank cutting less than the OCR reduction

Cuts to savings account interest rates have started with one bank cutting less than the OCR reduction

Commerce Commission and Co-operative Bank reach settlement over unreasonable fees self reported by the bank

Commerce Commission and Co-operative Bank reach settlement over unreasonable fees self reported by the bank

Tracking the changes to savings accounts after the OCR rate cut, including the Notice Savers

Tracking the changes to savings accounts after the OCR rate cut, including the Notice Savers

ANZ is the first mover after the -50 bps OCR cut, passing on -40 bps to floating rate borrowers, Westpac only passes on -30 bps, ASB & BNZ go -30 bps too. By Kiwibank it is -35 bps

ANZ is the first mover after the -50 bps OCR cut, passing on -40 bps to floating rate borrowers, Westpac only passes on -30 bps, ASB & BNZ go -30 bps too. By Kiwibank it is -35 bps