A building society is a financial institution owned by its members as a mutual organization, which offers banking and related financial services, especially savings and mortgage lending. They exist in the United Kingdom, Australia and New Zealand, and formerly in Ireland and several Commonwealth countries, including South Africa as mutual banks. They are similar to credit unions, but rather than promoting thrift and offering unsecured and business loans, the purpose of a building society is to provide home mortgages to members. Borrowers and depositors are society members, setting policy and appointing directors on a one-member, one-vote basis. Building societies often provide other retail banking services, such as current accounts, credit cards and personal loans. The term "building society" first arose in the 19th century in Great Britain from cooperative savings groups.
Invercargill is the southernmost and westernmost city in New Zealand, and one of the southernmost cities in the world. It is the commercial centre of the Southland region. The city lies in the heart of the wide expanse of the Southland Plains to the east of the Ōreti or New River some 18 km north of Bluff, which is the southernmost town in the South Island. It sits amid rich farmland that is bordered by large areas of conservation land and marine reserves, including Fiordland National Park covering the south-west corner of the South Island and the Catlins coastal region.
Kiwibank Limited is a New Zealand state-owned bank and financial services provider. As of 2023, they are the fifth-largest bank in New Zealand by assets, and the largest New Zealand-owned bank, with a market share of approximately 9%.
ANZ Bank New Zealand Limited is a New Zealand banking and financial services company, which operates as a subsidiary of Australia and New Zealand Banking Group Limited of Australia. ANZ is one of New Zealand's big four banks, and is the largest bank in New Zealand with approximately 30% of market share as of March 2021.
Bank of New Zealand (BNZ) is one of New Zealand's big four banks and has been operating in the country since the first office was opened in Auckland in October 1861 followed shortly after by the first branch in Dunedin in December 1861. The bank operates a variety of financial services covering retail, business and institutional banking and employs over 5,000 people in New Zealand. In 1992 the bank was purchased by the National Australia Bank and has since then operated as a subsidiary, but it retains local governance with a New Zealand board of directors.
New Zealand's Exchange, known commonly as the NZX, is the national stock exchange for New Zealand and a publicly owned company. NZX is the parent company of Smartshares, and Wealth Technologies.
A trust company is a corporation that acts as a fiduciary, trustee or agent of trusts and agencies. A professional trust company may be independently owned or owned by, for example, a bank or a law firm, and which specializes in being a trustee of various kinds of trusts.
AMP is a financial services company in Australia and New Zealand providing superannuation and investment products, financial advice, and banking products including home loans and savings accounts. Its headquarters is in Sydney, Australia.
The Weatherbys Group is a UK conglomerate involved in a wide range of activities largely within banking and horse racing. The original business was founded by James Weatherby in 1770.
Ernest Robert Godward was an English born inventor and engineer who lived in New Zealand, England, and the United States. He created the spiral hairpin and a type of carburettor called a petrol economizer, which increased engine performance and reduced fuel consumption.
HSBC Bank Australia Limited is the Australian subsidiary of HSBC. The bank offers a wide range of financial services in Australia through a network of 36 branches and offices. These services include retail and commercial banking, financial planning, trade finance, treasury, and financial markets, payments and cash management, and securities custody.
KiwiSaver is a New Zealand savings scheme which has been operating since 2 July 2007. Participants can normally access their KiwiSaver funds only after the age of 65, but can withdraw them earlier in certain limited circumstances, for example if undergoing significant financial hardship or to use a deposit for a first home.
Founded in 1921 as Australian Guarantee Company to initially provide finance for purchasers of smaller household items, it progressed into financing motor vehicles and was renamed as Australian Guarantee Corporation (AGC) in 1925. AGC was Australia's oldest national finance company offering a range of finance, investment and insurance products and were market leaders in equipment finance, cashflow finance, motor vehicle and personal finance.
United Building Society was a New Zealand building society, that became registered retail bank known as United Banking Group. It was acquired by the State Bank of South Australia in 1990, which sold the bank to the Countrywide Bank in 1992 after the State Bank of S.A. had made significant losses. The United Bank was merged with other Countrywide operations, and the name was dropped in 1994.
James Walker Bain was a 19th-century New Zealand politician. He was a significant businessman in Invercargill and Southland.
The Southland Museum and Art Gallery Niho o te Taniwha is located in Gala Street, Invercargill, New Zealand. It is Southland's largest cultural and heritage institution, and contains a wide variety of the region's art, history and natural history collections. It is notable for its 1990 pyramid-shaped building, constructed over the original 1942 museum. In April 2018 the museum was closed indefinitely due to earthquake risks.
The Southland Times is the regional daily paper for Southland, including Invercargill, and neighbouring parts of Otago, in New Zealand. It is now owned by media business Stuff Ltd, formerly the New Zealand division of Fairfax Media.
Bank of America Private Bank was founded in 1853 as the United States Trust Company of New York. It operated independently until 2000, when it was acquired by Charles Schwab, and Co. and subsequently sold to, and became a subsidiary of, Bank of America in 2007. Bank of America Private Bank provides investment management, wealth structuring, and credit and lending services to clients.
Southwest Business Corporation (SWBC) is a diversified financial services company providing insurance, mortgage, and investment services to financial institutions, businesses, and individuals.
Heartland Bank is a New Zealand owned bank that was created in 2011 through the merging of four financial organisations. Heartland was granted its bank registration by the Reserve Bank of New Zealand in 2012. It specialises in motor vehicle loans, reverse mortgages, small business finance, livestock finance, savings, investments and deposits.
