TSB (New Zealand)

This article is about TSB Bank in New Zealand. For TSB Banks in other parts of the world, see TSB Bank.

TSB
Company typeTrustee bank
Founded28 September 1850
HeadquartersNew Plymouth, New Zealand
Key people
Kerry Boielle, CEO
ProductsBanking and financial services
RatingA- (Fitch; as of November 2024)
Websitewww.tsb.co.nz Edit this at Wikidata

TSB Bank Ltd (originally known as the Taranaki Savings Bank) trading as TSB, is a New Zealand bank with headquarters in New Plymouth. It has 25 branches across the country but is heavily focused on the Taranaki region where 12 of its branches are located. As of June 2022, it was the seventh largest bank in New Zealand, with a market share in terms of assets of 1.4%.[1]

It provides retail banking and related financial services to individuals and companies. It was originally one of twelve trustee banks in New Zealand, but when nine banks decided to amalgamate as Trust Bank, TSB Bank stood aside and remained an independent institution and has since expanded its business across the country. The bank is owned by the Toi Foundation (formerly the TSB Community Trust) which distributes the income it receives from the bank back into the New Zealand community.

TSB also operates TSB Foreign Exchange from 14 branches around the country.[citation needed]

  1. ^ Bank Dashboard