Credit Unions

Reserve Bank enters final stretch of Deposit Takers Act rollout via the release of two consultations on crisis-readiness and draft standards exposure

Reserve Bank enters final stretch of Deposit Takers Act rollout via the release of two consultations on crisis-readiness and draft standards exposure

‘It’s more than just that label on the door’: A building society and a credit union weigh up the pros and cons of rebranding as ‘banks’ from 2028

‘It’s more than just that label on the door’: A building society and a credit union weigh up the pros and cons of rebranding as ‘banks’ from 2028

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

Since Depositor Compensation Scheme launch residential mortgage lending by finance companies is up over 30%, Reserve Bank says

Since Depositor Compensation Scheme launch residential mortgage lending by finance companies is up over 30%, Reserve Bank says

All licensed non-bank deposit takers will be able to call themselves banks under the Deposit Takers Act, but fintechs will have to opt into the new regime

All licensed non-bank deposit takers will be able to call themselves banks under the Deposit Takers Act, but fintechs will have to opt into the new regime

What is and and isn’t covered under the deposit insurance scheme launching in July

What is and and isn’t covered under the deposit insurance scheme launching in July

Profit tumbles across non-bank lending sector for second consecutive year, KPMG FIPS shows, as funding costs surge

Profit tumbles across non-bank lending sector for second consecutive year, KPMG FIPS shows, as funding costs surge

Disruption lies in empowering non-bank lenders to compete, not just making four major banks five, Lyn McMorran argues

Disruption lies in empowering non-bank lenders to compete, not just making four major banks five, Lyn McMorran argues

RBNZ expects some deposit rate convergence across different types of deposit takers once compensation scheme launches

RBNZ expects some deposit rate convergence across different types of deposit takers once compensation scheme launches

Banks may have profited by $2b on customer call accounts through RBNZ using settlement accounts for its LSAP programme, consultant tells Commerce Commission

Banks may have profited by $2b on customer call accounts through RBNZ using settlement accounts for its LSAP programme, consultant tells Commerce Commission

KPMG's annual survey of non-bank lenders shows the impact of rising funding costs

KPMG's annual survey of non-bank lenders shows the impact of rising funding costs

Gaya Herrington explains how the Global Financial Crisis led to her leaving central banking, going back to university to study sustainability & revisiting The Limits to Growth

Gaya Herrington explains how the Global Financial Crisis led to her leaving central banking, going back to university to study sustainability & revisiting The Limits to Growth

Retirement Commission 'de-jargoning money' guide suggests use of 'debt' instead of 'credit' & 'end date' instead of 'maturity'

Retirement Commission 'de-jargoning money' guide suggests use of 'debt' instead of 'credit' & 'end date' instead of 'maturity'

Parliament committee proposes making the Deposit Takers Bill more friendly to smaller non-bank financial institutions

Parliament committee proposes making the Deposit Takers Bill more friendly to smaller non-bank financial institutions

RBNZ points non-bank deposit takers grumpy about a lack of liquidity access to its settlement account access review

RBNZ points non-bank deposit takers grumpy about a lack of liquidity access to its settlement account access review