TSB Bank, NZ

TSB Bank Limited is a retail bank headquartered in New Plymouth, New Zealand. It provides a wide range of financial services including savings and transaction accounts, home loans, investments, debit and credit cards, the Fisher Funds KiwiSaver scheme, rural banking, business banking, online and phone banking and other services. It also offers insurance products such as house insurance, contents insurance, car insurance, loan protection insurance, travel insurance, credit card insurance, term life and prime life insurance. TSB Bank was established in 1850 under the name New Plymouth Savings Bank. In 1964, it was renamed to Taranaki Savings Bank to align with the network expansion outside of New Plymouth District. In 1989, Taranaki Savings Bank changed its name to TSB Bank to better reflect its nationwide presence. The Bank has over 10 branches across the Taranaki area as well as service centres in Hastings, Hamilton, Tauranga, Palmerston North, Wellington, Auckland (Queen Street), Takapuna, Newmarket, Napier, Nelson and Christchurch. TSB Real Estate, also known as TSB Realty, was a subsidiary of TSB Bank and one of New Plymouth’s biggest real estate companies, specializing in residential and lifestyle properties; Bayleys Taranaki acquired it with effect from October 22, 2020. TSB Bank Limited operates as a subsidiary of Toi Foundation, a charitable trust established in 1988 as the TSB Community Trust and renamed Toi Foundation in 2021. As of September 30, 2016, TSB Bank had total assets of NZD 6.522 billion, customer loans of NZD 4.2 billion, deposits of NZD 5.9 billion and total shareholder’s equity of NZD 575.5 million. As of June 30, 2026, TSB Bank had total assets of NZD 9.578 billion and shareholder funds of NZD 830 million.

TSB Bank locations

Head office address:
TSB Centre, Level 5
120 Devon Street East
New Plymouth, 4340
Phone number: 0800 872 226
Calling from overseas: +64 6 968 3700
Website: www.tsbbank.co.nz

Toi Foundation (formerly TSB Community Trust)
121 Gill Street, New Plymouth 4310
PO Box 667, New Plymouth 4340
Taranaki, New Zealand

In June 2026 Heartland Group Holdings Limited agreed to acquire TSB Bank Limited from Toi Foundation for NZD 620 million and to merge it with Heartland Bank Limited to form TSB Heartland Bank Limited. Under the merger implementation agreement announced on June 2, 2026, Toi Foundation would retain a 17.5 percent shareholding in Heartland. Toi Foundation’s trustees approved the sale on August 26, 2026, the day after the High Court dismissed an application by a Taranaki community group seeking to block it. The transaction remains subject to Heartland shareholder approval and to New Zealand and Australian regulatory approvals, with completion targeted for December 2026.