The Depositor Compensation Scheme (DCS) covers each depositor up to $100,000 per deposit taker in the event of a failure, when money is held in DCS-protected accounts. Deposit Takers are banks and non-bank deposit takers, including credit unions, building societies, and finance companies that take retail deposits.
The DCS is a government scheme that is funded by deposit takers and administered by the Reserve Bank of New Zealand – Te Pūtea Matua.
The following list of deposit takers offer deposits covered by the DCS. Not all deposits offered by these deposit takers may be eligible for DCS protection.
Please speak with your deposit taker if you are unsure whether your deposits will be covered by the DCS. All deposit takers are required to maintain a list of DCS-protected deposits on their website.
You can find out more about the DCS here.
This list was last updated on 20 October 2025.