Home » November 2020 » Currently Reading:

Regional Banking Hubs launched 

November 6, 2020 November 2020 No Comments

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 Hub and provide staff services.

The Hubs will be based around a Smart ATM that provides for deposits and withdrawals. Other basic transactions will be available on tablets and phones, with staff to assist. Staff will not be able to provide financial advice or assist with individual bank products such as home loans, but can help direct customers to phone or internet banking.

The year-long trial was set to begin in May but was delayed by Covid-19.

“I am delighted to see that this unique partnership of six banks looking at innovative ways to support smaller communities is ready to go,” says New Zealand Bankers’ Association chief executive Roger Beaumont.

During the Covid-19 lockdowns, banks helped thousands of New Zealanders get better at using online and mobile banking. Those customers aren’t looking back. However, we know that some customers still prefer face-to-face banking and that’s what this Banking Hub trial is designed to test.”

The six participating banks have voluntarily chosen not to close regional branches since the trial was announced in September 2019. This commitment will continue until the end of the year. From 1 January 2021, the six participating banks will not close any branches or ATMs within the boundaries of the district councils hosting the Hubs, for the remainder of the 12 month trial.

The Banking Hub location, community partners and launch dates is as follows:

Martinborough Banking Hub will be hosted in the Waihinga Community Centre in partnership with Destination Wairarapa. Opened 27 November.

Comment on this Article:

You must be logged in to post a comment.

Sports

Martinborough Golf Report

Another very busy month at the Golf Club which began with the Mens 54/36 Hole Open.  The players had to endure some very windy conditions on the Saturday but fortunately the weather was a lot kinder on the Sunday.  Winners of the 54 Hole Division were:  Best Gross Owen Lloyd, …

Football Club’s season ends with a shield

Martinborough Football Clubs senior season concluded in style on 19th September with a 3-2 win against Douglas Villa in Masterton.  The team were delighted to have won theWairarapa Knockout Shield which is now proudly displayed at its Club rooms at Cool Change Bar & Eatery. Spokesperson Lucy Douglas said, “It’s been my …

Martinborough Junior Hockey – 2019 Results and Prizegiving

Our 1st XI team came so close to victory in their final of the A-grade competition against rivals, MIS Falcons.  Martinborough scored an early goal in the first half of the game and held their defence until MIS scored a late goal in the final 3 minutes to draw 1-1 …

Regular Features

Under Martinborough Stars

Starlight, star bright, first star I see tonight: I wish I may, I wish I …

South Wairarapa Rotary News

Di Banks, Leader of Learning Support and Vocational Pathways at Kuranui College spoke to Rotary …

SOUTH WAIRARAPA REBUS CLUB

At our September meeting the Guest Speaker, Sarah Wright from Digital Seniors, asked us why …

Regional Council notes

The recent election has delivered a very different political landscape for New Zealand.  With a …

November Recycling days

Wednesday 4th Wheelie Bin Wednesday  11th Glass Wednesday 18th wheelie bin Wednesday 18th Glass Wednesday …

News from First Church

Now Labour Weekend is behind us and summer days are ahead, here’s hoping we can …

Martinborough Golf Report

Another very busy month at the Golf Club which began with the Mens 54/36 Hole …

Recent Comments