From our humble roots in Ngāmotu New Plymouth, we’ve grown into a nationwide bank with a difference. Owned by Toi Foundation, our profits support communities across Aotearoa. Join us on the journey.
Independence you can rely on
When the government proposed a merger of all 12 independent New Zealand banks back in 1985, we knew it wouldn’t be in the best interests of our customers.
The pressure to merge was intense from the other banks and the government. But we stood firm. The merger went ahead without us. But within a few years it faltered and was sold off to an Aussie bank.
So how did it work out for us?
We grew stronger, expanding our organisation to support Kiwi and businesses right across the motu, with banking products, digital services and our famous personalised care.
Along the way, we’ve been recognised for our customer service and products, and putting you first is just as important as it's always been.
Giving back
TSB is owned by philanthropic organisation Toi Foundation, this is a unique part of who we are and makes us different from other banks in Aotearoa.
Since 1988, TSB dividends coupled with the mahi of our friends at Fisher Funds Management Ltd, have helped Toi Foundation invest more than $250m into the community.
The more people and businesses that bank with us, the greater impact Toi Foundation can have.
From our Board to our frontline, this is why our people choose to work for TSB, and it means our customers and community are genuinely central to everything we do.
It all began in Ngāmotu New Plymouth
Our journey, key moments and milestones
1850
Foundation of the Bank
New Plymouth Savings Bank was established
1920
First branch opens
The bank opened our first physical branch in Fitzroy, New Plymouth
1964
A new name
As we expanded throughout the region, we were renamed Taranaki Savings Bank
1975
Banking innovation
Became the first bank to offer free, interest-bearing cheque accounts
1981
ATM pioneer
First bank to develop ATMs, enabling customers to access their money 24/7
1986
Standing strong
While other trustee banks merged, we chose to remain independent & 100% New Zealand owned
1988
Community ownership
TSB Community Trust was established as the bank’s shareholder, ensuring profits would benefit communities
1989
Corporate evolution
Taranaki Savings Bank was renamed TSB Bank
2010
Celebrating legacy
The TSB Museum was opened and a book commemorating the bank’s rich heritage ‘Faith to Fortune’ was published
2001–2016
National expansion
Our reach was extended beyond Taranaki and across New Zealand
2017
Modern identity
Rebranded simply as TSB, reflecting our modern, nationwide presence while staying true to our heritage