The Co-operative Bank

The Co-operative Bank Limited (or Co-op Bank) was established in 1928 and is headquartered in Wellington, New Zealand.

It provides a broad array of financial products and services through 19 branches across the country. It offers personal and small business accounts, term deposits, Fisher Funds' KiwiSaver products, personal loans, home loans, vehicle loans, debt consolidation loans, online banking as well as life and health insurance, home insurance, vehicle insurance, travel insurance, contents insurance, loan protection insurance and loan repayment insurance. The company was formerly known as PSIS (Public Service Investment Society) and changed its name to The Co-operative Bank on 26 October 2011. PSIS Life and PSIS PIE Term Fund also changed their names to Co-operative Life and Co-operative PIE Term Fund. The Co-operative Bank serves 180,000 customers and employs 423 people. In 2016, Co-operative Bank won Canstar Blue Most Satisfied Customers Award for the third time. As of March 31, 2026, it had total assets of NZD 3.718 billion, deposits of NZD 3.3 billion, home loans of NZD 3.3 billion and total equity of NZD 270 million. It also had a BBB+ credit rating and NZD 924 million of KiwiSaver funds under management with Fisher Funds.

Co-op Bank subsidiaries:
Co-operative Life Limited (Co-op Life)
PSIS Warehouse Trust (Warehouse Trust)
PSIS RMBS Trust 2010-1 (Bond Trust)
Co-operative Bank RMBS Trust (Co-op RMBS Trust)
PSIS Limited

Head office address:
Level 2, PwC Centre
10 Waterloo Quay, Pipitea
Wellington 6011, New Zealand
Free phone: 0800 554 554
Overseas call: +64 4 463 1758
Website: www.co-operativebank.co.nz

Co-operative Bank branches:

Takapuna
491 Lake Road, Takapuna

Manukau
15 Osterley Way, Manukau

Tauranga
62 Grey Street, Tauranga

Hamilton
299 Barton Street

Rotorua
1307 Tutanekai Street

Gisborne
82 Gladstone Road

New Plymouth
107 Devon Street East

Napier
139 Hastings Street

Whanganui
127 Victoria Avenue

Palmerston North
85 The Square

Lower Hutt
111 Queens Drive

Paraparaumu
169 Rimu Road

Wellington
Level 1, Capital on the Quay, 226-262 Lambton Quay

Nelson
28 Bridge Street

Blenheim
10 Queen Street

Riccarton
107 Riccarton Road

Timaru
295 Stafford Street

Dunedin
305 George Street

Invercargill
Cnr Kelvin and Spey Streets