NZCU South opens at the Palms Mall, Shirley Christchurch
Date: 18 February 2010
We are excited to announce the relocation of our Christchurch branch to the Palms Mall (opposite Robert Harris cafe). Our new location will make banking an easier and more pleasant experience for customers. Shirley is definitely a go-ahead region and NZCU South is keen to be there for our existing and new customers. This popular move has seen many new customers now benefiting from belonging to NZCU South.
Internet Banking in New Zealand
Date: 16 May 2010
We understand the need of our customers to be able to do their banking at a time which is convenient to them. Our Internet Banking portal provides 24 Hour access to a range of services. You can check your account balances, transfer funds and pay accounts, to name but a few. You can also apply online for loans or request information. Here are some tips on how to make your Internet Banking experience secure and hassle-free.
Debt Consolidation Loans
Date: 22 May 2010
A Debt Consolidation Loan is entered into for the purpose of paying off multiple debts by transferring them into a single loan. Debt consoilidation loans do not reduce your debt directly, but could be a good way to re-organise your debt, making your goal of being debt-free, more achievable. Click here for more information on Debt Consolidation loans.
Personal Loan Interest Rates
Date: 6 June 2010
Personal loans are generally unsecured loans which means that there is no collateral like a house or car. For this reason, personal loan interest rates are higher than other types of loans. A mortgage, for example, is a secured loan, guaranteed by a house or property. The fact that the lender has the collateral in case of default is part of what drives down interest rates on secured loans. A personal loan - one without collateral - is not as safe for the lender. Because of this, personal loans attract higher interest to balance out the greater risk. Click here for more information on personal loan interest rates.
Mortgage Rates in New Zealand
Date: 14 June 2010
A mortgage is a loan secured by a property or house and paid in installments over a set period of time. The mortgage secures the money borrowed. For most of us, a mortgage is the largest and most serious financial obligation we will ever make. There are many different types of mortgages in New Zealand, each with its own advantages and disadvantages. Understanding these differences will enable you to choose the right mortgage for you. Click here for more information on Mortgage rates in New Zealand.
The NZCU South Money MAP
Date: 23 June 2010
At NZCU South our customers are actually members - that's how a credit union works, like a family! One of the most important aspects in the life of a credit union is to help each member set and fulfill their financial goals and get onto a sound financial footing. In order to achieve this, we create what we call their personal Money MAP which stands for "Member Analysis Profile". This Money MAP helps us to develop a personalised set of solutions for each member, whether it is to help them save, get out of debt, or achieve specific financial goals. Click here for more information on NZCU South's Money MAP.
Opening a bank account in New Zealand
Date: 29 June 2010
Opening a bank account in New Zealand is a reasonably simple process. You will need to fill out some paperwork, and you will be asked to provide proof of a permanent address. It is easy to see why credit unions are popular when contrasted with banks where the customers are just customers. Banks answer to profitability – shareholders own a bank and expect financial performance from bank management. Click here for more information on opening a bank account in New Zealand.
Which bank accounts are the best?
Date: 30 June 2010
In New Zealand the credit unions have made this uniqueness an integral part of their approach. If a tailor-made bank account package is what you are after, a credit union is probably where you should be heading. Click here for more information on which bank accounts are the best.
What is a Travelex Cash Passport?
Date: 12 July 2010
The Travelex Cash Passport is a prepaid currency card available in Euros, British Pounds, US, Australian and New Zealand Dollars. It provides all the traditional security of travellers cheques with the convenience of a debit card, and it allows you to pre-load your travel money for safe and convenient use at ATMs and retailers worldwide. Click here for more information on the Travelex Cash Passport.
The concept of a national bank (state-owned bank) in New Zealand
Date: 18 July 2010
In New Zealand there is a strong identification with all things Kiwi-owned, and it is a pity that these national banking icons are always being sold off - especially to banks in Australia. There is however, a wholly Kiwi owned banking alternative which is gaining ground again - Credit Unions - and for good reason. Click here to find out more.
Working For Families Tax Credits
Date 27 July 2010
Working for Families is a government backed initiative designed to help make it easier to work and raise a family. Thousands of New Zealanders are entitled to extra money through Working for Families. Click here to find out more.
NZ Insurance Companies
Date: 1 August 2010
Insuring the things that we treasure has become the norm in modern society. It gives us the opportunity to, for a modest annual payment, have peace of mind, knowing that if disaster struck, we would be reimbursed for our loss. Click here to find out more.
New Zealand Tax Rates
Date: 1 August 2010
The Inland Revenue Department (IRD) collects tax from citizens and residents in New Zealand who earn income from a job or business activity. Some people also need to pay tax from income they earn overseas. Click here to find out more.
Funeral Insurance in New Zealand
Date: 17 August 2010
The death of a family member is one of life's most devastating occurrences. During this challenging time, the last thing one wants to think about is the cost of a funeral. That is why it is worthwhile for individuals to have funeral insurance in place. Click here to find out more.
Labour Relations
Date: 17 August 2010
Since the 1990s New Zealand has had a very good record regarding labour disputes compared with similar countries. This is partly due to legislation such as the Employment Relations Act, which encouraged industrial disputes to be solved by mediation at an early stage. Click here for more information.
Maternity Leave Benefits
Date: 17 August 2010
Maternity/parental leave is a government-funded benefit paid to working mothers when they take leave from their workplace to care for their newborn or adopted child. These payments are to make up for the loss of income that working parents face when they take leave from work. Click here to find out more.
New Zealand Mimimum Wage
Date: 17 August 2010
A national minimum wage applies in New Zealand and is divided into three minimum wage rate categories. Click here for more information.