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Register of non-bank deposit takers in New Zealand

This page lists all licensed non-bank deposit takers (NBDT) in New Zealand. This register has the date licensed and credit rating for each NBDT.  

Cancellation notices

The Reserve Bank of New Zealand gives notice that the Non-bank Deposit Takers licence granted to New Zealand Employees Credit Union Incorporated was cancelled on 29 September 2022 pursuant to section 21(f) of the Non-bank Deposit Takers Act 2013 following the transfer of engagements to Steelsands Credit Union Incorporated, and the subsequent removal of New Zealand Employees Credit Union Incorporated from the Register of Credit Unions.

The Reserve Bank of New Zealand gives notice that the Non-bank Deposit Takers licence granted to New Zealand Firefighters Credit Union was cancelled on 29 September 2022 pursuant to section 21(f) of the Non-bank Deposit Takers Act 2013 following the transfer of engagements to Credit Union Auckland Incorporated, and the subsequent removal of New Zealand Firefighters Credit Union from the Register of Credit Unions.

The Reserve Bank of New Zealand gives notice that the Non-bank Deposit Takers licence granted to Westforce Credit Union was cancelled on 29 September 2022 pursuant to section 21(f) of the Non-bank Deposit Takers Act 2013 following the transfer of engagements to First Credit Union Incorporated, and the subsequent removal of Westforce Credit Union from the Register of Credit Unions.

Register of non-bank deposit takers in New Zealand

Name of licensed NBDT Date licensed Name of credit rating agency Rating and outlook
Christian Savings Limited (previously licensed as Christian Savings Incorporated) 01-09-2017 Fitch Ratings BB+, Stable
Credit Union Auckland 03-02-2015 n/a Exempt*
FE Investments Limited (in receivership) 16-03-2015 n/a  Credit ratings have been withdrawn
Finance Direct Limited 13-02-2015 n/a  Exempt*
First Credit Union Incorporated 05-03-2015 Fitch Ratings BB, Stable
Fisher & Paykel Credit Union 08-12-2014  n/a Exempt*
General Finance Limited 13-02-2015 Equifax BB-, Stable
Gold Band Finance Limited 29-04-2015 n/a Exempt*
Heretaunga Building Society 23-12-2014 n/a Exempt*
Liberty Financial Limited 17-04-2015 Standard & Poor’s BBB-, Positive
Mutual Credit Finance Limited 27-03-2015 n/a Exempt*
Nelson Building Society 23-03-2015 Fitch Ratings BB+, Stable
Police and Families Credit Union 12-11-2014 Equifax BB+, Stable
Steelsands Credit Union 05-11-2014 n/a Exempt*
Unity Credit Union 19-12-2014 Fitch Ratings BB, Stable
Wairarapa Building Society 08-04-2015 Fitch Ratings BB+, Stable
Xceda Finance Limited 11-03-2015 Equifax B, Stable

 

* Not required to have a rating by virtue of the Deposit Takers (Credit Ratings Minimum Threshold) Exemption Notice 2016