Established in 1869, SBS Bank (Southland Building Society) is New Zealand’s largest building society and the only building society in the world to have achieved bank registration (7 October 2008).
As a mutual building society, if you borrow, save or invest with SBS, you’re known as a ‘legal owner’ or ‘member.’ Because we don’t have to pay dividends, our primary obligation is to share the results of our success with our customers.
We offer a wide range of banking services and products, including transactional banking, phone and internet banking, investments, residential and commercial lending, managed funds, agribusiness, consumer finance and insurance.
SBS has around 300 sponsorships with organisations throughout New Zealand and we’re proud of our record of support for our customers’ communities.
We currently have 15 branches in Invercargill (Head Office and Windsor), Gore, Queenstown, Cromwell, Dunedin, Timaru, Nelson, Blenheim, Hamilton, Tauranga and Christchurch (located in Central, Ferrymead, Riccarton and Papanui).
SBS Bank has four subsidiaries:
Finance Now specialises in providing retail finance, personal loans and consumer insurances.
Southsure Assurance Ltd provides a full suite of fire and general insurance products.
Funds Administration New Zealand Ltd (FANZ) provides managed funds products.
Fraser Properties Ltd owns SBS head office building in Invercargill.
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