We recently came to the end of the 2018-19 financial year, which has provided a good opportunity to reflect on TSB and what the Bank has achieved in the last 12 months.
TSB delivered a solid annual profit before tax of $62.6 million. I am confident our continued focus on putting our customers first has had a direct, positive impact on this result. I am continually impressed with the real passion and commitment our people demonstrate with our customers, every day.
It’s clear that our customers also recognise that we have you at the heart of everything we do. In the last year we’ve been recognised by Consumer New Zealand, Roy Morgan and Canstar Blue for leading customer satisfaction amongst New Zealand banks.
TSB has a unique ownership structure and we operate differently to other banks. We care about profit for purpose – not about profit for profit’s sake.
As a 100% locally owned bank, we keep profit in New Zealand, create high quality careers in regions across the country, partner with national organisations doing crucial work in local communities and contribute millions to assisting the TSB Community Trust – the Bank’s owner, in its philanthropic work in Taranaki.
Investing in the growth and wellbeing of New Zealand communities and people is at the heart of our business. You can learn more in our Annual Report, which is now available on our website.
I am looking forward to what this coming financial year holds for TSB and our customers. We have an important role to play in the New Zealand banking industry going forward and I am excited about our future – and what we will be able to do for you. Thank you for coming on the journey with us.
TSB partners with the Block
We’re thrilled to announce we are a major sponsor of The Block NZ this year. We’ll be a part of the 12-week journey where four teams will be tasked with renovating high-end apartments in Kingsland, Auckland. Contestants will use our mobile banking app to check balances, receive alerts when their Block partner spends any money from the team account, and we’re the cash prize partner for weekly room reveals and challenges. Keep an eye out for TSB on this season of The Block NZ on Three.
As a TSB customer, WOMAD’s best-priced presale tickets are available to you early. Simply purchase your tickets between 24th and 30th June, use the codeword TSBNZowned and you’ll be the first to get your hands on tickets to WOMAD 2020.
Your passwords are your first line of defence against fraudsters. Every day, website and online account compromises expose thousands of usernames, email addresses and passwords.
With your username or email address, a fraudster will hunt down all associated accounts and will attempt to login with your exposed password. This is why unique passwords matter. When a fraudster can’t guess your password, they use computer programs to guess thousands of passwords per second. For this technique to be successful, the password needs to be easy to identify. This is why a strong password matters.
The longer and more unique your password; the less likely it is to be revealed. Too many passwords to remember? Consider using a password manager. A computer/smartphone application that not only tracks and stores your passwords, but can also generate strong, random passwords for each of your accounts.
When choosing a password manager, ensure it is from a known, trustworthy company with a good reputation.
Some free and popular password managers include
Try turning a phrase into an acronym ‘7 of July I am Changing my Password to the strongest in the entire Universe!’ = 7oJIaCmPttsiteU
With Connect Plus you could win this brand new Mitsubishi Triton VRX 4WD worth $62,990
Open a Connect Plus account and you could find yourself the owner of the new ‘beast mode’ Mitsubishi Triton VRX 4WD, that looks and feels just like you would imagine. With steadfast new styling, exceptional 4WD and advanced safety the Triton is striking, distinctive and infinitely better looking from the driver’s seat. Open a Connect Plus account before the end of June at your local branch or visit tsb.co.nz to apply online.
Be in to win a new car every month For every $100 you have in your non interest bearing Connect Plus account at the time of the draw, you’ll get five chances to win. Good luck to all account holders in this month’s draw.
Giving back to Surf Life Saving
This year we’re offering 11 grants to Surf Life Saving New Zealand. This is our way of celebrating the third year of our partnership and recognising the amazing work that Surf Life Saving Clubs do in communities throughout New Zealand.
Over the past two years, TSB has donated $230,000 to 22 Surf Life Saving Clubs around the country.