Media Appearances
- “There are some banks in small communities that I’ve heard of that don’t even have 10 customers a day. That’s unsustainable.”
Search Results for: Regional Banking Hubs
Media Appearances
- FIRST Union supports the trial of banking hubs in four New Zealand regions as the country seeks to maintain face-to-face services amid the COVID-19 pandemic, retain jobs in banking, and ensure that rural areas don’t lose vital infrastructure.
FIRST Union welcomes trial of regional banking hubs
Media Releases
- A trial of Regional Banking Hubs to test the demand for basic banking services in regional communities will begin in November. The trial, which includes ANZ, ASB, BNZ, Kiwibank, TSB and Westpac, will run in four regional centres: Twizel, Martinborough, Stoke and Opunake. Three of the sites will have community partners, who will host the... Read more »
Regional Banking Hubs to launch in November
Consumer Information
- A unique partnership of six New Zealand banks is trialling a new approach to providing banking services in small regional communities. Banking Hubs are being trialled in four small towns for 12 months, from November 2020. The Hubs provide basic banking services and feature a Smart ATM, support staff and online and technology support. The... Read more »
Regional Banking Hubs pilot
Media Appearances
- AM Show host Duncan Garner talks to NZBA CEO Roger Beaumont about the Banking Hubs pilot
Farmers welcome regional banking hubs trial
Media Appearances
- New Zealand Bankers’ Association chief executive Roger Beaumont said the partnership of six banks would use innovative ideas and technology to help communities that “feel left behind when physical branches close”.
Regional banking hubs to be trialled in towns
Media Appearances
- “I am delighted to see that this unique partnership of six banks looking at innovative ways to support smaller communities is ready to go,” said Roger Beaumont, the chief executive of the New Zealand Bankers’ Association.
Major banks join forces to launch banking hubs in regional communities
Media Appearances
- “The New Zealand Bankers’ Association note that in the past five years, about 70 per cent fewer people have been using branches nationwide.”
Banks promise not to shutdown regional branches as Government trials ‘banking hubs’
Media Appearances
- “Each Banking Hub pilot will test different ways of adapting to community demand and requirements and services will evolve over time. They will provide different capabilities, with variations in technology and personal service.”